"What you mean you only got 113k jobs, why you lazy lima bean."
One of the funniest “In Living Color” skits I can recall - especially when he’s looking at the newborn baby and asks: “How many job he have?”. He then goes on describing how many jobs he had as a baby...
Here’s the best part about the 113,000 jobs ‘created.
If you look at table B-1
http://www.bls.gov/news.release/empsit.t17.htm
The non seasonally adjusted number of total non farm jobs was 138,266,000 in December and 135,396,000 in January
That’s a loss of 2,870,000 jobs.
Now add in the guesstimate of net jobs from the Birth and Death model (-307,000)
http://www.bls.gov/web/empsit/cesbd.htm
and
Run the output through seasonal adjustment
Out comes +113,000 jobs.