Report Claims Census Bureau May Have Faked Unemployment Data

Report Claims Census Bureau May Have Faked Unemployment Data


During President Obama’s Presidential Election campaign trail in October of 2012 he boasted about a huge drop in the unemployment rate after the release of the September 2012 job’s numbers. While it made for a great talking point at the time a new report recently released claims that the administration cooked the books on the employment data just one month before the Presidential Election. According to the New York Post, the Census Bureau conducts surveys that are used to help the Department of Labor to determine the official unemployment rate. It reported that the Census Bureau faked results to help inflate the employment numbers. This information was acquired from several former workers at the Census Bureau who claimed to have been told by management to fabricate results of people if they could not get in touch with them. While this is just a report at the moment it certainly is serious enough to question the validity of the numbers and moreover the motive for doing so. In addition many economists and investors raised eyebrows when this first happened. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The Blaze TV with Wilkow to discuss how important it is to trust unemployment data the administration is releasing and when they are shown or presumed to be false who or what can you trust.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.

Media

Report Claims Census Bureau May Have Faked Unemployment Data

on Nov 21, 2013 in Media Center, The Blaze TV by Ed Butowsky | No Comments »
Report Claims Census Bureau May Have Faked Unemployment Data During President Obama’s Presidential Election campaign trail in October of 2012 he boasted about a huge drop in the unemployment rate after the release of the September 2012 job’s numbers. While it made for a great talking point at the time a new report recently released claims that the administration cooked the books on the employment data...

What Happens To Stocks If Obamacare Collapses?

on Nov 18, 2013 in Fox Business, Media Center by Ed Butowsky | No Comments »
What Happens To Stocks If Obamacare Collapses? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Varney & Company to discuss when the DOW will hit 16,000 and could it be related to the potential collapse of Obamacare. Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally...

NYSE Holds “Successful” Test Run Of Twitter’s IPO

on Oct 29, 2013 in Fox News, Media Center by Ed Butowsky | No Comments »
NYSE Holds "Successful" Test Run Of Twitter's IPO The New York Stock Exchange (NYSE) performed a test run this weekend ahead of Twitter’s IPO (Initial Public Offering). Twitter is the biggest technology IPO since Facebook went public in May of last year. The NYSE is taking extra special care to avoid the technical problems that marred Facebook’s NASDAQ debut. Ed Butowsky, wealth...

Will Markets Rally When The Standoff In DC Comes To An End?

on Oct 16, 2013 in Fox Business, Media Center by Ed Butowsky | No Comments »
Will Markets Rally When The Standoff In DC Comes To An End? With the current shutdown ongoing and the debt ceiling deadline this week Washington is diligently at work to come up with a deal. With the markets in the last few days it seems that investors see a deal coming. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox Business Varney...

How Is The Government Shutdown Impacting The Stock Market?

on Oct 11, 2013 in CNBC, Media Center by Ed Butowsky | No Comments »
How Is The Government Shutdown Impacting The Stock Market? Do investors believe the government is going to default on the short-term paper? With the activities in the short-term treasuries investors are wondering. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins The Kudlow Report on CNBC to discuss if in fact the government shutdown is...

About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 22 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225