By Tom Blumer | September 26, 2013 | 11:55 PM EDT

I guess the Associated Press's business and economics reporters feel they've done their jobs if they mention the relative donominance of new workforce entries by temps and part-timers once, while still denigrating the obvious validity of the latter — and pretend it never has to be mentioned again.

That's how the AP's Christopher Rugaber can produce a writeup, as he did today, telling readers that "The job market is sending signs that it may be strengthening," which contains no reference to part-timers or temps, obviously because that would disrupt the "improvement" meme. Excerpts follow the jump (bolds are mine):

By Tom Blumer | September 14, 2013 | 3:39 PM EDT

It's almost amusing to watch writers like Christopher Rugaber at the Associated Press, aka the Administration's Press, pretend not to understand why the economy isn't growing as much as one would "expect" based on the number of jobs being added each month and falling weekly unemployment claims.

In a Thursday story which was mostly worthless because the incompletely collected government data on weekly unemployment claims made it so, Rugaber and the "expert" he quoted pretended not to understand — well, I hope they were pretending because otherwise I'd have to conclude that they're dumber than a box of rocks — how all of this can be (bolds are mine):

By Tom Blumer | August 31, 2013 | 10:26 AM EDT

At the Associated Press, economics writer Christopher Rugaber used not seasonally adjusted data published by the government's Bureau of Labor Statistics on metro area employment and unemployment to crow about "widespread improvement in the job market." The predominance of part-time jobs among the new ones created and fact that houshold incomes have yet to recover from the recession apparently had no impact on his assessment.

The opening sentence of the government's report reads: "Unemployment rates were lower in July than a year earlier in 320 of the 372 metropolitan areas, higher in 38 areas, and unchanged in 14 area, the U.S. Bureau of Labor Statistics reported today." But the second paragraph of Rugaber's AP report, headlined "Unemployment Rates Fall in Two-thirds of U.S. Cities," tells readers that "[U]nemployment rates fell in 239 of the nation's 372 largest cities in July from June."

By Tom Blumer | August 26, 2013 | 4:55 PM EDT

Anyone remember all the huffing and puffing from the establishment press about how third-quarter economic growth was going to be great — so please stop worrying about how weak the past three quarters (annualized rates of 0.1%, 1.1%, and 1.7%, respectively) have been?

Oops. On Friday, the Census Bureau reported that new-home sales dropped over 20% in July to an annual rate of 394,000 from June's original reading of 497,000, which was itself revised down to 455,000. Today, the bureau revealed that durable goods orders fell sharply in July, bringing about yet another appearance at Bloomberg News of its favorite word during the past five years about the economy, and yet another instance of the stock market's apparent pleasure with bad news for the rest of us:

By Tom Blumer | August 23, 2013 | 9:41 PM EDT

It seems that beat reporters need to be constantly reminded that they have their hands full just discerning the facts, relaying them coherently, and leaving the "analysis" to others (while presenting alternative analytical takes when necessary).

The nagging is really for their own good. If they would stick to their jobs instead of "analyzing," which often is a cover for getting out their own opinions, they wouldn't be suffering the feelings of embarrassment Christopher Rugaber at the Associated Press, aka the Administration's Press, should be feeling right now (I'm not saying he is; I'm saying he should be). You see, yesterday he said that a best-in-years report on existing-home sales meant one thing. Today, thanks to the Census Bureau's disastrous July new-home sales release, he said it meant quite another.

By Tom Blumer | August 23, 2013 | 12:18 PM EDT

At 10 a.m. this morning, the Census Bureau essentially declared the much-ballyhooed "housing recovery" an illusion.

Only 35,000 homes were actually sold in July. That translates to a seasonally adjusted annual rate of 394,000, miles below the expected 487,000 and 12% below June's 455,000, which was itself revised down from 497,000. After the jump, I'll reveal what supposedly leading personal finance site CNNMoney.com had posted in response to this news:

By Tom Blumer | August 23, 2013 | 9:45 AM EDT

After a two-year hiatus, the Associated Press has apparently decided that Americans need a weekly reminder of how bad weekly layoffs were during the recession.

In June 2011, possibly as a result of some hectoring by yours truly, the wire service totally or almost totally stopped reminding readers that "(unemployment) claims applications peaked at 659,000 during the recession." That tired figure was already over two years old, and isn't even an all-time record (several weeks during the 1980s were higher, even with a much smaller workforce). So who cares? But in each of the past three weeks, AP has resurrected that tired number (since revised slightly upward because of changes to seasonal adjustment factors), as if a one-week stat from almost 4-1/2 years ago means anything to anybody right now:

By Tom Blumer | August 20, 2013 | 11:08 PM EDT

Maybe because it's a UFO, we're not supposed to be able to explain it.

No, I'm not talking about unidentified flying objects at the recently acknowledged Area 51. I'm talking about an unexplained financial observation, the one made by the Associated Press's Christopher Rugaber on Monday after the release of the July Regional and State Employment and Unemployment report Monday morning. Rugaber observed that the unemployment rate rose in the majority of states and fell in a relative few, while July's national unemployment rate reported two weeks ago fell from 7.6% to 7.4%:

By Tom Blumer | August 18, 2013 | 5:15 PM EDT

What do you do when you're the Associated Press, aka the Administration's Press, and you're trying to do your level best to described a floundering economy without incurring the wrath of the Obama administration? You search for positive-sounding words to describe what is in reality a marginal situation.

The AP seems to have settled on "steady" and "steadily."

By Tom Blumer | August 3, 2013 | 9:41 PM EDT

In this case, the old saying, "Better late than never" really shouldn't apply. In June, when the government's Household Survey used to determine the unemployment rate reported that there were 240,000 fewer full-time workers and 360,000 more part-time workers than there were in May, the establishment press, particularly the Associated Press, largely ignored or downplayed the result.

The AP's Christopher Rugaber broke the ice a bit in early July after June's jobs report, and the wire service has finally gone full-bore into noting the trend towards part-time work in the past two days. But while the press slept for months, center-right bloggers and many others have been chronicling the trend anecdotally since late last year, and gradually with solid numbers from the government's own reports as the year has worn on.

By Tom Blumer | July 31, 2013 | 12:42 AM EDT

During the Obama administration's 4-1/2 year track record of economic underachievement, establishment press business reporters have usually waited until the bad news actually comes out before working on convincing readers that future news will be better.

Not this time, at least at the Associated Press, aka the Administration's Press. Christopher "Gone are the fears that the economy could fall into a recession" Rugaber didn't bother to wait for tomorrow's report on Gross Domestic Product to tell readers that the rest of the year will be fine. The fact that these rosy forecasts have rarely come to pass during the past 17 quarters didn't seem to faze him a bit.

By Tom Blumer | July 22, 2013 | 9:18 PM EDT

I was going to leave this alone because the original item involved goes back to last week. But Christopher Rugaber at the Associated Press brought it up again in his report today on existing home sales, so it's fair game again.

The final sentence of his dispatch refers to last week's Census Bureau data in the new home market, and claims that "In June, they (builders) applied for permits to build single-family homes at the fastest pace in five years." Not really -- in fact, not at all -- as will be seen after the jump.