708,000 More Unemployed In January = Dip In Unemployment Rate?

When I see BLS (Bureau of Labor Statistics), why do I think BLS = Bulls**t?

This week, the Obama apologists in the Main Stream Media trumpeted the BLS report that the Unemployment Rate dipped to 8.3%.

Then, the new/real media (bloggers and Santelli ) started looking into the numbers and wondering why 1.2 Million Americans suddenly dropped out of the labor force.  Check here and here and here.

The bottom line is the answer to the question, “How many people are unemployed?”  And, in the Bureau of Labor Statistics own figures, you can find pretty easily (if you believe this number) that the number of Unemployed went UP by 708,000.

h/t bls.gov

As far as the masseuses and contortionists that converted an increase of 708,000 in unemployed Americans to a dip in the Unemployment Rate, “These are not the droids you are looking for.”