Tag Archives: Unemployment rate

October Payrolls Soar By 204,000, Nearly Double Expected Print; Unemployment Rate Rises To 7.3%

Posted on November 8, 2013 by DRenegade

So much for all the fire and brimstone associated with the government shutdown. October nonfarm payrolls soar +204,000, nearly double the 120,000 expected. Unemployment rate at 7.3%, up from 7.2%. And just like that, the “Taper talk” is back… From the … Continue reading →

Posted in Editorial, Financial | Tagged | Comments Off on October Payrolls Soar By 204,000, Nearly Double Expected Print; Unemployment Rate Rises To 7.3%

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

Posted on August 3, 2012 by DRenegade

Happy by the headline establishment survey print of 133,245 which says that the US “added” 163,000 jobs in July from 133,082 last month? Consider this: the number was based on a non seasonally adjusted July number of 132,868. This was a 1.248 million … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on Seasonal And Birth Death Adjustments Add 429,000 Statistical “Jobs”

Another Perspective of Today’s Government Propaganda Report

Posted on February 3, 2012 by DRenegade

No one likes to be patronized. Or lied to. Or deliberately misled. So why is the Bureau of Labor Statistics publishing false data concerning unemployment? And then there is the remarkable stock market increase today (February 3, 2012) of 157 … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on Another Perspective of Today’s Government Propaganda Report