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Tag Archives: jobs
Job Collapse: “Cold, Storms” Blamed
The January ADP print missed as we expected, printing at 175K vs the expected 185K, while the December 238K was revised lower to 227K, confirming that ADP is nothing but an NDP trend follower and an absolutely worthless and meaningless data … Continue reading
Santelli Slams The Jobs Manipulation Scandal: “American Media, You Can Do Better”
Posted in Editorial
Tagged jobs, manipulation, Rick Santelli
Comments Off on Santelli Slams The Jobs Manipulation Scandal: “American Media, You Can Do Better”
Retail, Hotel And Temp Workers Account For Half Of All October Job Gains
Following the quantity breakdown of jobs in the month which saw the third biggest jump in people not in the labor force in history and a loss of over 600,000 full-time workers (don’t ask how this is possible – not … Continue reading
Posted in Editorial, Financial
Tagged jobs, Unemployment
Comments Off on Retail, Hotel And Temp Workers Account For Half Of All October Job Gains
More Lies from the Government
BLS “Catches” BLS At Misrepresenting 2013 Job Gains By Over 40% Many were surprised when last month we exposed the divergent lies at the Bureau of Labor Statistics when comparing two otherwise convergent data sets: the monthly all-important Non-Farm Payroll report and the (one … Continue reading
Obamacare Full Frontal: Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time
When the payroll report was released last month, the world finally noticed what we had been saying for nearly three years: that the US was slowly being converted to a part-time worker society. This slow conversion accelerated drastically in the last few … Continue reading
ADP Misses Expectations, Second Worst Print In Last 8 Months; Sequester Blamed
By now it is futile to point out the woeful inability of the ADP report to predict the NFP’s ARIMA X 12 output of pure noise so we’ll leave it at that. Here is the headline: May private payrolls created 135K with … Continue reading