U-6 Total unemployed, plus all marginally

attached workers, plus total employed

part time for economic reasons, as a

percent of the civilian labor force

plus all marginally attached workers

17.5 %

A Reader Asks "How Did 558,000 People

Lose Their Jobs When Only 190,000

Jobs Were Lost?"

Here is an excerpt from today's Bureau of Labor Statistics Non-farm Payrolls report."The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarmpayroll employment continued to decline (-190,000), the U.S. Bureau of LaborStatistics reported today. The largest job losses over the month were in con-struction, manufacturing, and retail trade.
Household Survey Data
In October, the number of unemployed persons increased by 558,000 to 15.7million. The unemployment rate rose by 0.4 percentage point to 10.2 percent,the highest rate since April 1983. Since the start of the recession inDecember 2007, the number of unemployed persons has risen by 8.2 million,and the unemployment rate has grown by 5.3 percentage points...
The civilian labor force participation rate was little changed over the monthat 65.1 percent. The employment-population ratio continued to decline inOctober, falling to 58.5 percent."
An astute reader noticed that the BLS press release says that 190,000 jobs were lost from payroll employment, but the number of unemployed persons increased by 558,000. What's up with that?
The BLS report consists of two independent data samples. BLS has two monthly surveys that measure employment levels and trends: the Current Population Survey (CPS), also known as the household survey, and the Current Employment Statistics (CES) survey, also known as the payroll or establishment survey.
There is the "Establishment Survey" which is based on responses from a sample of about 400,000 business establishments, about one-third of total nonfarm payroll employment. The headline payroll number, the job loss of 190,000, is based on this data. ( Power more at )

Gold suppression is public policy and public

record, not 'conspiracy theory'

Submitted by cpowell

on Sat,2009-11-07

18:16. Section:
Essays

Remarks by Chris Powell, Secretary/TreasurerGold Anti-Trust Action Committee Inc.International Precious Metals and Commodities Show Olympia Park, Munich, GermanySaturday,
November 7, 2009

Thank you for coming to listen to me today. Please forgive my inability to speak German. I'll be discussing many documents, some of them fairly complicated, but don't worry if you miss something about them. They'll be posted at GATA's Internet site with these remarks.
On Friday, September 25, Jim Rickards, director of market intelligence for the Omnis consulting firm in McLean, Virginia., was interviewed on the cable television network CNBC in the United States. Talking about the currency markets, Rickards remarked: "When you own gold you're fighting every central bank in the world." ( Power more at )