In response to:

Biden's Rights and Wrongs: Yes We're Buried Joe, But We Are Still Alive

Pat1859 Wrote: Oct 09, 2012 12:51 PM
The one thing I learned in statistics 101 was that you can prove anything with statistics. The way you collect, present and interpret them can show anything you want. I sometime think that by careful selection of points that someone could prove there are more dead people in our population than living.

Is anyone surprised? After 43 consecutive months with the unemployment rate above 8.0 percent – and with just 30 days left before the election – unemployment magically dropped to 7.8 percent.  

You can call me "skeptical."

Let's start by looking at what happened with the population totals. According to the newly released BLS report, the "civilian non-institutional population" increased 206,000 in September (table A). When adjusted for the current Labor Force Participation Rate, 63.6 percent, the workforce added 131,000 just from natural growth of the population. However, the new report says a total of 418,000 were added to the total workforce population...