WATCH: Santelli Battles Liesman Over Bogus Job Numbers
'Get the Fed out of the market!'
'When are markets going to be normal again. When is Bernanke going to stop!'
Santelli and Steve Liesman discuss the jobs report this morning on Squawk Box.
---
Today's Job Numbers
If you count those discouraged workers and involuntary part-timers as unemployed, the unemployment rate jumps to 14.3%, according to BLS.
Here's the official U-6 data from BLS: http://www.bls.gov/news.release/empsit.t15.htm
Update on workers not officially counted by BLS:
RECORD 89,304,000 NOT WORKING...
Record 89M Americans 'Not in Labor Force' -- 296,000 Fewer Employed Since January
FEB JOBS NUMBERS...
+236,000...
7.7%...
WHITES: 6.8%...
HISPANICS: 9.6%...
BLACKS: 13.8%...
TEENS: 25.1%...
Sources:
http://blogs.wsj.com/marketbeat/2013/03/08/live-from-new-york-its-jobs-friday-23/
http://finance.yahoo.com/news/us-adds-236k-jobs-unemployment-133137454.html
http://www.weeklystandard.com/blogs/77-percent_706624.html
Reader Comments (3)
+236,000...
7.7%...
WHITES: 6.8%...
HISPANICS: 9.6%...
BLACKS: 13.8%...
TEENS: 25.1%...
http://blogs.wsj.com/marketbeat/2013/03/08/live-from-new-york-its-jobs-friday-23/
http://finance.yahoo.com/news/us-adds-236k-jobs-unemployment-133137454.html
http://www.weeklystandard.com/blogs/77-percent_706624.html
http://translate.google.com/translate?sl=da&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&eotf=1&u=http%3A%2F%2Fwww.dr.dk%2FNyheder%2FIndland%2F2013%2F03%2F08%2F111557.htm
This honest, just, and legal approach to banking crime contrasts with that of the U.S., where looting is rewarded with bailouts from politicians who game the unemployment data to mask the resulting damage.