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Number of the Week: Accounting for Labor Force Dropouts
Wall Street Journal (blog)
By Phil Izzo People dropping out of the labor force are making the unemployment rate look smaller, but not as much as some might think. The jobless rate was reported to be 8.3% in January, marking the fifth consecutive decline.


The State

Accounting hiccup cuts $1.4 million from Columbia's surplus
The State
By CLIF LeBLANC - cleblanc@thestate.com The city of Columbia's surplus took a $1.4 million hit last week because of problems in accounting procedures. But the net effect is that, overall, city books still have a $14 million surplus rather than $15.4 ...


Business Insider

Catholics Not Fooled Over Accounting Gimmick
Sacramento Bee
"President Obama has introduced an accounting gimmick to appease voters over his recent Health and Human Services mandate. The so-called compromise announced today will continue to force virtually all employers, including religious institutions, ...
'Accounting gimmick' -- Obama compromise still threatens religious liberty ...BP News
Reaction to Obama's “Compromise”: “Doublespeak” and 'Accounting Gimmick”National Right to Life News
Obama's Big Compromise With The Catholic Church Is An Accounting TrickBusiness Insider

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