That "once every 48 minutes" statistic, incidentally, is derived from an annual rate of 11,000 firearms homicides per year. But that raw statistic does not reflect the fact that firearms homicides are disproportionately high in areas of the country where firearms are restricted. Washington DC, for example, which at 16.5 per 100,000 has a firearms murder rate seven times higher than the national average and the highest in the nation, not coincidentally has the lowest firearm ownership rate at 3.6% (one tenth the national average). Thus the gun haters are touting a statistic in support of gun confiscation that is inflated by the results of gun confiscation.
My wife has facetiously suggested that we have an election every month, because just before an election, the unemployment rate goes down. Then, after the election, when no one is looking, it comes back up again. Predictably, a month before the November elections, the unemployment rate dropped from 6.1% to 5.9%. Impressive – until you look at where that 5.9% figure came from.
The "unemployment rate" is officially the percentage of the population drawing unemployment, but the government massages the number with a plethora of "adjustments" before its release. Still, the number of people being paid not to work by unemployment compensation systems is not a fair measure of unemployment.
The Bureau of Labor Statistics also releases a number called the "participation rate," which is a measure of the number of able bodied workers who are actually working. That rate currently stands at 62.7%, which means that only 63% of the American work force is being utilized. The real unemployment rate, then, according to the government's own figures, is 37%, not 5.9%.
As my Daddy used to say, " Statistics don't lie – statisticians do."