Many employment reports from sources in Wisconsin are wildly inflated
A stimulus job report that says more than 10,000 jobs were saved or created in Wisconsin is rife with errors, double counting and inflated numbers based more on satisfying federal formulas than creating real jobs, a Journal Sentinel review has found.
In one case, five jobs were mistakenly listed as 50 - and then counted twice. In another, pay raises to workers were listed as saving more than 100 jobs. And in another, jobs were listed as saved even though the money had not been received and no work on the project had begun.
The problems mirror those surfacing around the country, as the federal numbers claiming 640,000 jobs created or saved by stimulus money are being scrutinized.
Thursday, November 05, 2009
One example of literally thousands across the country...
Posted by traderrob at 5:24 AM