zerohedge.com / by Tyler Durden on 04/07/2015 11:51
On the surface today’s JOLTS report was good: in fact, for some it was great because the one item that everyone automatically looks for, the number of job openings rose once more, surging to 5.133 million in February (recall that JOLTS is one month behind the […]
zerohedge.com / by Tyler Durden on 04/03/2015 09:00
So much for yet another “above consensus” recovery, and what’s worse it is, well, about to get even worse, because while the Fed keeps baning some illusory drum that slack in the economy is almost non-existent, the reality is that in March the number of people […]
zerohedge.com / by Tyler Durden on 04/02/2015 13:57
Earlier today, when looking at the latest Factory Order data we saw that based on historical patterns if only in US manufacturing (if not in the recent seasonally-adjusted “hiring” of waiters and bartenders) the US is already in a recession. Ironically, this came out on the […]
caseyresearch.com / by Dennis Miller / March 25, 2015
When the Bureau of Labor Statistics (BLS) announced that February 2015 employment had increased by 295,000 jobs and unemployment had dropped down to 5.5%, predictable hoopla and cheering from the political class followed.
Then the Dow dropped, with some fearing the Fed might actually start […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / March 18, 2015
Were you aware that in addition to the regular monthly CPI updates, the BLS also calculates an “Experimental CPI Index” for those age 62 and older?
Experimental CPI Index
zerohedge.com / by Tyler Durden / 03/06/2015 10:15
It has become a running joke: month after month after month, the punditry says wages hikes are coming… they are coming any second, just be patient. And month after month the punditry refuses to accept the simple reason why not even the BLS’ goalseeked data does […]
zerohedge.com / by Tyler Durden / 03/06/2015 09:23
A month ago we asked if the “BLS Forget To Count Thousands Of Energy Job Losses” when as we showed, the BLS reported that only 1,900 jobs were lost in the entire oil and gas extraction space, which was a vast underestimation of what is taking […]
zerohedge.com / by Tyler Durden / 03/05/2015 08:22 -0500
A month ago we asked if, perchance, the BLS had simply forgotten to add any of the job losses in the energy sector in January, when it reported a drop of just 1900 jobs in the entire Oil and Gas Extraction space, compared to 18K actual […]
zerohedge.com / by Tyler Durden / 02/26/2015 09:09
In today’s deluge of macro data, one number stood out: the parallel release by the BLS of the real average hourly earnings, which is simply taking the previously reported nominal hourly wage data, and applying whatever deflator gets released in parallel by the BLS. And, not […]
zerohedge.com / by Tyler Durden on 02/24/2015 13:22
Originally posted at The National Inflation Asscoiation,
The Walt Disney Company announced yesterday that it has significantly raised the price of a single-day admission ticket to Magic Kingdom at Walt Disney World in Lake Buena Vista, Florida. Last year, Disney sold Magic Kingdom tickets for $99, […]
blog.milesfranklin.com / by Bill Holter / February 10th, 2015
Yesterday we looked at the situations in both Ukraine and Greece, and how they are both out of money which makes them potential “flash points” for reality to set in. What I’d like to talk about today are the various “slights of hand” and why a […]
zerohedge.com / by Tyler Durden on 02/10/2015 11:54
One just has to laugh while reading the following hilarious attempt to justify the cognitive dissonance by Bank of America’s analysts – and everyone else for that matter – who were oh so certain that tumbling (if not any more) gas prices would translate into a […]
caseyresearch.com / By Chuck Butler / February 6, 2015
In This Issue.
* It’s all about U.S. jobs today. * China moves to export capital. * Sentiment moves markets these days! * Denmark moves negative rates wider.
And Now. Today’s A Pfennig For Your Thoughts.
It’s A Jobs Jamboree Friday!.
Good Day!… And a Happy […]
zerohedge.com / by Tyler Durden / 02/06/2015 10:41
As already observed, when it comes to tracking the job losses in the energy space, the BLS had some rather significant “seasonally-adjusted” or otherwise issues in January, reporting just 1.9K job losses in the oil and energy exploration space, when the reality was orders of magnitude […]
zerohedge.com / by Tyler Durden / 02/06/2015 09:52
One of the convenient things about the sharp plunge in crude and its subsequent and acute impact on energy company staffing levels, is that due to its concentrated nature one can keep track of precisely how many layoffs corporations in the energy sector announced in January. […]
zerohedge.com / by Tyler Durden / 02/06/2015 09:06 -0500
As reported first thing this morning, in addition to the jobs and wages numbers, perhaps just as importantly, the BLS would revise its entire 2014 jobs data series, which it did today as it noted:
Establishment survey data have been revised as a result of the […]
zerohedge.com / by Tyler Durden / 01/28/2015 08:47
Who can forget the farce conducted by Canada’s labor statistics office back in August when, as we reported, “Canada Releases Atrocious Jobs Data; Then Revises It Above The Highest Estimate Following Public Outcry.” It was then that we got our first hint that when it comes to […]
caseyresearch.com / By Chuck Butler / January 21, 2015
In This Issue.
* N.Z. 4th QTR CPI .8% YOY. * Nowotny boosts the euro for the day. * BOE members could have just asked Chuck. * Germany gets 120 tonnes of Gold back!
And Now. Today’s A Pfennig For Your Thoughts.
Gold Is Back to […]
zerohedge.com / by Tyler Durden / 01/02/2015 10:24
There is a simple reason why Zero Hedge has been doggedly following the not seasonally adjusted all-important New Orders number component of the ISM (see Fooling All The Experts With Seasonal Adjustments, All Of The Time). That reason is that as a result of flawed Arima-X-12 […]
zerohedge.com / by Tyler Durden / 12/05/2014 10:12
The ink isn’t dry yet on the amazing midterm drubbing of the democrats over what most Americans said were deteriorating economic issues and a recovery that continues to only be there on BLS goalseeked paper, and lo and behold, here is Obama, about to boast about […]