The Illusion of Falling Official Unemployment FadesBy Clint Siegner But not all. Janet Yellen and her crew at the Fed must see through the phony statistics because they are so reluctant to tighten monetary policy. Publicly, however, they talk about job growth and the wonders their stimulus policies have worked. President Barack Obama and Hillary Clinton also talk triumphantly about putting people back to work. Obama has been parading around the country talking about the fabulous economic recovery he has led. Hillary takes credit for a recovery as well, but promises she can do even better. They prefer people focus on the headline number and not ask too many questions. After all, their people at the Bureau of Labor Statistics have been hard at work seasonally adjusting, modifying the formulas, and otherwise massaging the data. They are painting such a lovely picture for voters to enjoy. The unemployment rate has fallen to levels not seen since before the 2008 financial crisis. Its like magic. And just about as real as when David Copperfield made the Statue of Liberty disappear. The contradiction in their data just keeps getting bigger. The phony unemployment rate and the percentage of the population with a job, which readers get by digging into the report details, BOTH keep falling. And the explanations are getting pretty outlandish. Were told people are voluntarily leaving the workforce in droves. Prosperity is so high lots of folks are retiring early, switching to part time work, or living on a single income so one parent can stay home with the kids. Riiiiight!! At least, as said, the people didnt buy Fridays headline for once. If we are going to have free markets and find solutions, Americans will have to grapple with reality. James Quinn, of the Burning Platform, does a great job of looking past the headline and pulling some interesting facts out of the employment data: That is the reality when it comes to jobs in the U.S. Keep questioning the official propaganda. Clint Siegner is a Director at Money Metals Exchange, the national precious metals company named 2015 Dealer of the Year in the United States by an independent global ratings group. A graduate of Linfield College in Oregon, Siegner puts his experience in business management along with his passion for personal liberty, limited government, and honest money into the development of Money Metals brand and reach. This includes writing extensively on the bullion markets and their intersection with policy and world affairs. I would hope this a signal to ending the great fascist corporations of the world. Folks have had it with these unholy businesses that only perpetuate the silver spoon crowd. ICELAND the BANKERS. Official statistics from the US government make the old Soviet Union statistics look like proven science they are THAT full of BS! Labor participation rate at 40 year lows 94 MILLION working age Americans are out of work. Anybody who actually *believes* that translates to a 4.7% unemployment rate in a country of 320 million is smoking WAY too much crack for their own good 