The known late-campaign “surprise” were the final pre-election jobs report scheduled for Friday. Both campaigns were poised to jump on whatever positive or negative numbers came out of the Bureau of Labor Statistics.
|By: David Dayen Monday October 29, 2012 12:30 pm|
|By: David Dayen Thursday October 11, 2012 12:12 pm|
The conspiracy theory about the Obama Administration forcing the Bureau of Labor Statistics into deliberately fixing the September jobs report has found its purchase in the most likely of places: the House Republican caucus. Darrell Issa, the chair of the House Oversight Committee, told Fox Business Network this morning that he would open an investigation into the derivation of the numbers in the jobs report.
|By: Jon Walker Friday October 5, 2012 2:00 pm|
I can assume the Romney campaign and conservative groups are unhappy this morning that they can no longer legitimately use the line “unemployment still above 8 percent” in their ads.
|By: David Dayen Friday October 5, 2012 10:20 am|
Because data is just fungible to the political leanings of whoever confronts it, we predictably saw a number of conservatives question today’s jobs report, suggesting that the Bureau of Labor Statistics fudged the data to help the President’s re-election campaign. Leading this charge was former GE CEO Jack Welch on Twitter. I think the government should make a deal with Welch – they’ll admit to massaging the data if he cleans up all the PCBs in the Hudson River personally.
On a more serious note, this is really pretty outrageous, and Labor Secretary Hilda Solis, whose department includes the BLS, is right to be insulted.
|By: Jon Walker Friday September 7, 2012 5:00 pm|
The big story last night was President Obama’s speech but it is already starting to be overshadowed by the big story this morning, a very disappointing jobs report. This election is still primarily about the state of the economy and the data is not good.
|By: Jon Walker Friday August 17, 2012 12:44 pm|
With the economy ranking as the one issue for voters I thought it would be interesting to look at the unemployment rate in the swing states, according to the newly released official state numbers for July from the Bureau of Labor Statistics.
|By: Jon Walker Friday March 4, 2011 8:55 am|
With incumbent election performance highly correlated with economic growth, and jobs being by far the most important issue for voters, the faster the unemployment rate drops, the tougher it will be for any Republican nominee to defeat Obama in 2012.
|By: David Dayen Friday January 7, 2011 8:00 am|
I’m sure people will focus on that topline unemployment rate, but really this report shows we’re still just moving sideways on jobs. And of all the bills put forward in this Congressional session thus far, pretty much none of them deal with that reality.
…Oh, and meanwhile, corporations had their most profitable quarter in history at the end of 2010. Trickle down!
|By: David Dayen Friday December 3, 2010 6:59 am|
Clearly, the best plan right now would be to cut taxes and slash the deficit simultaneously. Not only is that not contradictory, but it’s totally the answer to our deepening jobs crisis!
|By: Peterr Saturday April 17, 2010 9:16 am|
Treasury Secretary Tim Geithner seems to have a very odd definition of “turning the page.” He’d do well to look beyond Wall Street, and maybe talk to people like Alan Conroy, the director of the Kansas Legislative Research Department.