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In reply to the discussion: Unemployment rate drops to 13 percent, as the economy began to lose jobs at a slower pace [View all]progree
(10,924 posts)As for April's thread ( https://www.democraticunderground.com/10142489386 ), I already posted that 5 percentage point error information in #31:
"31. Unemployment rate may be almost 5% higher than the reported 14.7%, says BLS in so many words:"
and #51.
By the way, I looked at the thread you posted a link to in your #74 here -- BGD's thread https://www.democraticunderground.com/100213552085
and it was fortunately not too bad (I'm talking about the responses, not the OP ... the OP was perfectly fine) -- it looks like Igel in #3 tamped the woo in the responses down to some extent. Nothing like a couple of other threads I've run across that went on at great length to manufacture B.S..
and the Washington Post article in that thread (and in your #74 here) was an excellent discussion and also talked about the March and April errors, and the conspiracy theorists.
https://www.washingtonpost.com/business/2020/06/05/may-2020-jobs-report-misclassification-error