[Qbert]

Seasonal And Birth Death Adjustments Add 429,000 Statistical “Jobs”

“...the BLS “added” 377K jobs for seasonal purposes. This was the largest seasonal addition in the past decade for a July NFP print in the past decade, possibly ever...the Birth Death adjustment, which adds to the NSA Print to get to the final number, was +52k. How does this compare to July 2011? It is about 1000% higher...In other words, of the 163,000 jobs “added”, 429,000 was based on purely statistical fudging.”

http://www.zerohedge.com/news/seasonal-and-birth-death-adjustments-add-429000-statistical-jobs

[Unmarked Package]

“...the BLS “added” 377K jobs for seasonal purposes. This was the largest seasonal addition in the past decade for a July NFP print in the past decade, possibly ever...the Birth Death adjustment, which adds to the NSA Print to get to the final number, was +52k. How does this compare to July 2011? It is about 1000% higher...In other words, of the 163,000 jobs “added”, 429,000 was based on purely statistical fudging.”

Great find, thanks for posting the ZeroHedge analysis. Wow, there is some serious deception occurring in an attempt to help Obama and the Democrats.