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Little Weight to Employment Numbers

NEW YORK CITY-GlobeSt.com readers are a cynical bunch . . . at least when it comes to the veracity of the Bureau of Labor Statistics and its monthly jobs report.

By John Salustri | Updated on November 02, 2012

NEW YORK CITY-Maybe it’s just the reaction to a tensely charged political season. Or it could be a general crankiness after years of recession. Or it could just be an accurate assessment of the numbers at hand. Whatever the motivator, GlobeSt.com readers give thumbs down to the accuracy of the Bureau of Labor Statistics’ monthly employment figures.

As GlobeSt.com reported today, the Bureau has announced 171,000 jobs were added to the US economy in October, leaving the unemployment rate essentially unchanged at 7.9%. The announcement is the last before next week’s presidential election and sure to provide talking points for both camps.

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