First published by Money Metals here:
https://www.moneymetals.com/news/2018/10/08/strong-dollar-buys-less-001630
The Bureau of Labor Statistics certainly knows how to cook the books. It’s remarkable how functionaries there can get away with reporting unemployment and employment rates simultaneously falling to near 50-year lows. Of course, both things cannot be true simultaneously true if there is an honest accounting.
