Skip to comments.Manipulated Recovery? Non-Farm Payrolls Leap +165k Thanks To BLS Birth/Death Adjustment Of +193k
Posted on 05/05/2013 7:02:31 AM PDT by whitedog57Edited on 05/05/2013 7:31:23 AM PDT by Admin Moderator. [history]
Good News! Non-farm payrolls increase by 165,000 and the unemployment rate declined to 7.5%.
Bad News! It had to be helped by a 193,000 increase due to the BLS Birth/Death adjustment. That is a net LOSS of 28,000 jobs! And 9.55 million Americans have given up looking for work. Not to mention 89,936,000 NOT in the labor force.
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So the jobs transform into McJobs while the employment count remains the same. Sweet.
I hear the Chocolate ration has been increased to 25 grams....
when will all the lies and scam stop...folks we have to DEMAN and be willing to do what is necessary to chanage or country back
obama is finally in season...treason is the reason!!!!!
And the stock market continues to take any manufactured data as a reason to climb to new highs. I wonder how much of the money the Fed is pumping in will be bled off to those who can afford to move in big enough ways to move the market in the requisite directions for their benefit.
Oh this is rich.
He must be pulling numbers out of a hat.
unemployment rate declined to 7 1/2.
government is totally unaccountable .these are just some examples. this agency is full of idiots who earn 5 figures for doing what, propaganda ,faking some reports and how many billions is the budget of this BLS?
gov schools are suspending kids for having anything that looks like a gun even a finger pointed like a gun
and democrats want to grow government even more
I fear though that the rich govt workers with their pay increases will sustain a false economic picture......they'll be the only ones buying houses and cars and taking vacations.