Tag Archives: jobs

Job Collapse: “Cold, Storms” Blamed

Posted on February 5, 2014 by David

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 →

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Santelli Slams The Jobs Manipulation Scandal: “American Media, You Can Do Better”

Posted on November 19, 2013 by David
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Retail, Hotel And Temp Workers Account For Half Of All October Job Gains

Posted on November 8, 2013 by David

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 →

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More Lies from the Government

Posted on August 6, 2013 by David

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 →

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Obamacare Full Frontal: Of 953,000 Jobs Created In 2013, 77%, Or 731,000 Are Part-Time

Posted on August 2, 2013 by David

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 →

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ADP Misses Expectations, Second Worst Print In Last 8 Months; Sequester Blamed

Posted on June 5, 2013 by David

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 →

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