'Stavros' pid='64017' datel Wrote:For September 2015 the official U-6 unemployment rate fell from 10.3% in August to 9.6% in September.
However, the independently produced Gallup equivalent called the “Underemployment Rate” only fell from 14.2% in August to 14.1% in September.
The current differential between Gallup and BLS on supposedly the same data is 4.5%! or roughly a 53% margin of error!
Do you believe the Government Liars or Gallup??? I favor Gallup who have their fingers on pulses of wrists and other body parts.
http://unemploymentdata.com/current-u6-u...ment-rate/
Same story with Recession.
The Government cooks the books and says the economy is still growing. Reality the world is in recession. It will be over in 6 months and then real growth will return.
There you go again with this nonsense, apparently you don't learn..
There is one part where you could have a point though:
The British oil giant also once again cut its spending plans, with expectations that capital expenditure will drop to $19 billion in 2015, then down to $17 to $19 billion per year through 2017. A year ago, the company had planned on spending $24 to $26 billion in 2015.
Why oil prices are crashing again - Business Insider
BP is hardly the only one cutting capex quite drastically. Somewhere down the line this will assert itself.