The Patriot Post® · How Accurate Are the Job Numbers?

The way the government collects unemployment numbers may be flawed in that they show more people employed than actually is the case. According to a study by Princeton University, the accuracy of the numbers has deteriorated ever since the Current Population Survey (CPS) switched from a paper format to computer. If you’re unemployed, do you really want to check the box that says you are still out of work and then have the government probe even more into your idleness or inability to find a job? But the U.S. jobs report still uses this data and then fiscal policy is plotted off the numbers. Before you know it, Barack Obama steps up to a lectern somewhere and announces everything is awesome. CBS News reports there may be a better way to obtain jobs data: Monitor Twitter to see what people are saying about their jobs. Oh great. Big Brother really is watching you. More…