imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
latest news
best of news




A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List


IMC Network:

Original Cities africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

America's Job Wonder is Pure Statistics

by Marcus Gatzke Tuesday, Jun. 08, 2004 at 6:54 AM

"Everything is only marketing.. The new statistical methods only help marketing to keep the high deficits in the US finacable. The data does not reflect reality in the US.. America wrestles with a so-called double deficit.."


A new statistical method helps enormously in creating new jobs. Experts speak of “marketing” for the US economy

By Marcus Gatzke

[This article originally published in:, June 4, 2004 is translated from the German on the World Wide Web,]

In the last months, US president George W. Bush could breathe deeply again in looking at labor market statistics. At least a great problem in the election campaign is not intensifying. The latest statistics on newly created jobs even point to a clear improvement in the US labor market. The danger of a so-called “jobless recovery” – an upswing that doesn’t create any jobs – doesn’t seem confirmed.

But is the American labor market really on the road to recovery? More than two million jobs were lost under president Bush. Granted the president had little influence on this. The exploded speculative bubble on the international capital markets plunged the economy into a recession. The terrorist attacks of September 11, 2001 and the accounting scandals in different US corporations did the rest to shake the trust of consumers and businesses in the American economy.


While Bush had little responsibility in the job misery, he could be responsible for the apparent upswing on the labor market. “What are they smoking at the labor department?” asked John Crudele, columnist at the “New York Post”.

The American Department of Labor recently introduced a new statistical method. The new jobs created through independence or in small- and medium-sized firms will be tabulated with the so-called Net-Birth/Death-Model. In the past these new independent positions – also known in Germany under the term personal companies (I inc.)- were not recorded. However the number of arising jobs cannot be simply estimated statistically since experts of the department used no genuine data. Thus 270,000 of the total 288,000 jobs in April arose only on account of the new statistical method.


“The department assumes that jobs arise among independent persons but has no evidence or proof”, Carsten Fritsch, economist at the commerce bank, criticizes the officials. How many jobs were actually created and how many were merely “phantom jobs” are open, the expert added.

“The quality of the increased jobs should be emphasized, not only the quantity.” The newly created jobs in March were mostly part-time jobs.


No concrete data underlies the statistics, said Folker Hellmeyer, chief analyst at the Bremen regional bank. The estimates are only based on surveys. In addition, twelve season factors in labor market data should be considered, Hellmeyer underlined. Four are usually included.

That economic data from the US is only quantitative and no longer qualitative is problematic in the opinion of the experts. The economic growth in the US could also be exaggerated according to an article in the economic magazine “Economist”. The magazine refers to calculations of the Goldman-Sachs economist Jan Hatzuis.


Analyst Hellmeyer goes even further. “The new statistical methods only help marketing to keep the high deficits in the US financable.” The data does not reflect reality in the US. A comparison with the situation in the Euro-zone or even in Germany is “like a comparison of pineapples and egg yolks”.

The American economy grew officially around 4.4 percent in the first quarter according to the first estimates. The German economy grew 1.5 percent on an annual basis. Still America at present wrestles with a so-called double deficit. The American economy suffers with an exponentially increasing balance of payments deficit along with a massive budget deficit.

After 2009 the deficit in the budget measured by the gross domestic product (GDP) could be more than ten percent. Even the very optimistic predictions of the Bush administration start from that estimate. Germany had a deficit last year of less than four percent and violated the European stability- and growth pact.

Report this post as:

Local News


lausd whistle blower A10 11:58PM

Website Upgrade A10 3:02AM

Help KCET and UCLA identify 60s-70s Chicano images A04 1:02PM

UCLA Luskin: Casting Youth Justice in a Different Light A02 11:58AM

Change Links April 2018 A01 11:27AM

Nuclear Shutdown News March 2018 M31 6:57PM

Join The Protest Rally in Glendale on April 10, 2018! M29 7:00PM

Join The Protest Rally in Glendale on April 10, 2018! M29 6:38PM

Spring 2018 National Immigrant Solidarity Network News Alert! M19 2:02PM

Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A. M16 5:40PM

Steve Mnuchin video at UCLA released M15 12:34AM

Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups M06 12:10PM

After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video M02 11:44AM

Resolution of the Rent Strike in Boyle Heights M01 6:28PM

What Big Brother Knows About You and What You Can Do About It M01 3:30PM

Step Up As LAPD Chief Charlie Beck Steps Down F14 2:44PM

Our House Grief Support Center Hosts 9th Annual Run For Hope, April 29 F13 12:51PM

Don’t let this LA County Probation Department overhaul proposal sit on the shelf F13 11:04AM

Echo Park Residents Sue LA Over Controversial Development F12 8:51AM

Former Signal Hill police officer pleads guilty in road-rage incident in Irvine F09 10:25PM

Calif. Police Accused of 'Collusion' With Neo-Nazis After Release of Court Documents F09 7:14PM

Center for the Study of Political Graphics exhibit on Police Abuse posters F07 9:50AM

City Agrees to Settle Lawsuit Claiming Pasadena Police Officer Had His Sister Falsely Arre F04 3:17PM

Professor's Study Highlights Health Risks of Urban Oil Drilling F04 12:42PM

Claims paid involving Pasadena Police Department 2014 to present F04 10:52AM

Pasadenans - get your license plate reader records from police F03 11:11PM

LA Times Homicide Report F03 1:57PM

More Local News...

Other/Breaking News

What does the Quran Say About Islamic Dress?? A21 4:15PM

Biodiversité ou la nature privatisée A20 11:22AM

The Market is a Universal Totalitarian Religion A20 7:14AM

Book Available about Hispanics and US Civil War by National Park Service A19 5:52PM

The Shortwave Report 04/20/18 Listen Globally! A19 4:01PM

The Republican 'Prolife' Party Is the Party of War, Execution, and Bear Cub Murder A19 11:48AM

Neurogenèse involutive A18 9:21AM

Paraphysique de la dictature étatique A16 10:13AM

Book Review: "The New Bonapartists" A16 3:45AM

The West Must Take the First Steps to Russia A14 12:25PM

Théorie générale de la révolution ou hommage à feu Mikhaïl Bakounine A14 3:30AM

The Shortwave Report 04/13/18 Listen Globally! A12 3:50PM

“Lost in a Dream” Singing Competition Winner to Be Chosen on April 15 for ,000 Prize! A12 3:48PM

The World Dependent on Central Banks A12 4:43AM

Ohio Governor Race: Dennis Kucinich & Richard Cordray Run Against Mike DeWine A11 9:40PM

March 2018 Honduras Coup Again Update A10 10:52PM

Apologie du zadisme insurrectionnel A10 3:33PM

ICE contract with license plate reader company A10 1:14PM

Palimpseste sisyphéen A09 11:23PM

Black Portraiture(S) IV: The Color of Silence...Cuba No...Cambridge Yes A09 5:32AM

Prohibiting Micro-Second Betting on the Exchanges A09 4:18AM

Prosecutors treat Muslims harsher than non-Muslims for the same crimes A08 10:33PM

Amy Goodman interview on cell phone safety A08 10:29PM

Mesa, Arizona police officer kills unarmed white man A08 9:50PM

Israeli leaders should be prosecuted for war crimes A08 9:48PM

Paraphysique de l'autorité A08 12:11AM

Two Podcasts on fbi corruption A06 10:13PM

Fbi assassins assault & try to kill DAVID ATKINS A06 7:29PM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy