Just heard on the radio that there are 157,000,000 people working in the United States. That means that, if the jobless numbers are off by 0.1%, they’re off by 157,000 workers.
Never say never, but assuming the current batch of numbers is off by half a percentage point, its hard to fathom how publicly-available job numbers can be cooked up in such a way that nobody notices 7 to 8 hundred thousand uncounted workers? And I think we can agree: half a percentage point is the bare minimum you’d need in order to make cooking the books worth the effort in this case?
