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Is The BLS Overstating Jobs?

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    February 5, 2015

    This morning there is a litany of articles on employment growth since the end of the last recession. (See here, here and here for examples) Of course, much of the debate centers on which side of the political spectrum you fall on. Staunchly Democratic pundits continue to point at the Bureau of Labor Statistics (BLS) employment data, particularly the unemployment rate, as clear evidence that the economic recovery is in full swing. Conservatives will direct your attention to the labor force participation rates and lack of wage growth that it is not.

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    About The Author

    Lance Roberts – Host of StreetTalk Live

    After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; Lance has pretty much “been there and done that” at one point or another. His common sense approach has appealed to audiences for over a decade and continues to grow each and every week.

    Lance is also the Chief Editor of the X-Report, a weekly subscriber based-newsletter that is distributed nationwide. The newsletter covers economic, political and market topics as they relate to the management portfolios. A daily financial blog, audio and video’s also keep members informed of the day’s events and how it impacts your money.

    Lance’s investment strategies and knowledge have been featured on Fox 26, CNBC, Fox Business News and Fox News. He has been quoted by a litany of publications from the Wall Street Journal, Reuters, The Washington Post all the way to TheStreet.com as well as on several of the nation’s biggest financial blogs such as the Pragmatic Capitalist, Zero Hedge and Seeking Alpha.


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