Here's the real unemployment rate
Williams recreates a ShadowStats Alternative unemployment rate reflecting methodology that includes the “long-term discouraged workers” that the Bureau of Labor Statistics removed in 1994 under the Clinton administration. The BLS publishes six levels ...
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Latest Shadowstats News
The unemployment rate rose for all of the right reasons
Economists agree that the May jobs report was good all around. US companies added 280,000 nonfarm payrolls, which was much higher than the 226,000 expected by economists. But the unemployment rate climbed to 5.5% from 5.4% in April. How is that a ...
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Is the tide turning for Precious Metals? Part II
The labor market continues to worsen in spite of a few “headline news releases” with December U.6 above 11.00% and that which takes into account everything regarding employment put together by John Williams of Shadowstats at 23.00%. January U-6 ...
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The Fed Can Be Patient About Raising Interest Rates
As the Federal Reserve's Open Market Committee prepared to meet last month, no one was wondering what the Fed would do. Everyone knew it would do nothing. There would be no rate hikes, no balance sheet shrinkage, nothing. Instead, financial eyes ...
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Latest Shadowstats News
Shadowstats' John Williams Expects Hyperinflation Within Months
There are those predicting inflation, those predicting deflation, those in between… and then there's the ultra-hardcore hyperinflationists. It's easy to see where John Williams, founder of Shadowstats.com, fits in. He's forecasting a hyperinflationary ...
Read more on Daily Reckoning - American Edition
Niall Ferguson Has Not Admitted He Was Wrong About Inflation
The numbers Ferguson is quoting here come from a website called Shadowstats run by a guy named John Williams. The first problem is that even the Williams admits he's not actually calculating what inflation would be “If the old methods were still used”, ...
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Why won't inflation conspiracy theories just die already?
Those who argue that inflation is higher than the official numbers have often made predictions that the Fed's monetary stimulus will cause inflation to soar. That includes Shadowstats' John Williams, who predicted an imminent "hyperinflationary ...
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The subscription price of hyperinflation-predicting ShadowStats hasn't changed …
The subscription price of hyperinflation-predicting ShadowStats hasn't changed ...
Awhile ago I poked fun at Tim Cavanaugh for speculating that inflation is much higher than official numbers suggest. There's a whole stat-juking cottage industry working to support this conclusion, most prominently the website ShadowStats. As my ...
Read more on The Week Magazine