Z Communications’ resident statistician Jack Rasmus is out with some fresh disinformation about the economic news. It’s been a while since I took his nonsense apart, so this seems like a good opportunity, since his latest looks to be making the rounds. The problems start in the first paragraph (Rasmus is in quoted italics, my comments in Roman.) The just released report on April jobs on first appearance, heavily reported by the media, shows a record low 3.6% unemployment rate and another month of 263,000 new jobs created. But there are two… Read More