As noted earlier, today’s payrolls report was a far stronger than expected 128K (exp. 85K), even with the negative impact of the GM strike and the unwind of census hiring, which subtracted 41,600 and 20,000 workers from the headline print. In any case, October marked the 109th straight month of U.S. job growth, the longest…
Awakening To The Dangerous Mainstream Marketeers We’re Not Perfect But We Do Awaken I rarely write on Fridays, but here I am Friday afternoon, writing my second article of the day. The first, discussing how today’s LOL, “jobs” report permanently destroyed the BLS’s credibility. The reason being, that for the first time in my 14½ years…
WAKE UP AMERICANS…. You’re Invested In Soon To Be Worthless Paper Assets: From SRSRocco: A SERIOUS CRACK appeared in the markets today. This was due to the lousy payroll report of only 38,000 new jobs for May. The market expected 160,000 new jobs, but it turned out to be more than four times less…. This…
June 3, 2016 All the FED’s horses and all the FED’s men couldn’t put this fiat bubble back together again! Unfortunate as it is, it has become a common theme for me to write about the slow death of the Western economy. Sadly, the truth cannot and should not be ignored; rather, it should be…
Author : Andrew Hoffman Published: October 5th, 2015 There are many ways I could start today’s “jobs Friday” post-mortem – which in hindsight, may serve as the final dagger in the heart of U.S. “recovery” propagandists. Of course, said “recovery” never was – with the only way the Fed has been able to pretend otherwise…
Everything we hear from the US government, the puppet governments of its vassal states, and the presstitute media is a lie. Truth is the declared enemy of the West. Those who try to tell the truth do so at cost to themselves. These costs can range from exclusion and slander to watch lists to prosecution…
Reality is finally settling in. Natural laws of supply and demand are back in action. Stocks are sliding, banks are finally slimming down, and oil’s getting crushed. The market at large has proved its innate vulnerability despite the Fed’s best efforts to distort the real macroeconomic picture at play. Economists are (finally) admitting that central…
The US non-farm payrolls data released on Friday at first focused on an increase in new jobs last month but that was something of a mirage with a record 806,000 people dropping out of the labor market in April taking the percentage of adults employed back to a level not seen since 1978. If this…
The most recent polling finds that Republican voters have elevated Newt Gingrich to presidential frontrunner status. But it is difficult to believe that those supporting him agree with his amnesty plan or are even aware that his proposal sounds like it would give U.S. jobs and residency to around 3.5 million illegal aliens (according to a new Pew Hispanic Center…
According to the unemployment data released this morning, the economy added only 54,000 jobs, pushing the unemployment rate up to 9.1 percent. However, this report from MarketWatch suggests the data is much worse than that:
Hard As It Is To Land A Job These Days, Getting One, Is Not Nearly Enough For Basic Economic Security. U.S. Economy Added 216,000 Jobs in March; Rate (Obama Formula at 8.8%) U.S. Economy Current Real (Formula America Grew Up With) Unemployment is 16%
Register – NumbersUSA – Free Faxes To Representatives/Senators A few minutes ago, the White House issued a new report claiming that the Stimulus Bill earlier this year has created or saved approximately 650,000 U.S. jobs. Unfortunately, another government program — immigration — completely wiped out any overall benefit the stimulus jobs could have been for the American…
The number of jobs in the U.S. is currently 129.7 million. So to justify the Administration’s current claim of 2.8 million jobs “created or saved” by stimulus, they need to also claim that without that stimulus there would be only 126.9 million jobs. That’s exactly what they do, displayed as the “baseline projection” level in the…
