Is Unemployment Being Heavily Manipulated with the Birth Death Adjustment?

And back to the old gimmicks: the Birth Death adjustment has now “added” 530 jobs in 2011, or 42% of the total 1,256K jobs added in 2011, and the October number of 102K is 31K greater than a year earlier. Truly business formation in the current recession is soaring…

Furthermore, the October Birth-Ddeath adjustment is the largest of the last 10 years – after September’s was the lowest of the last 10 years – nothing to see here…

Chart: Bloomberg

Tyler Durden is the author of Zero Hedge.

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