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streettalklive.com / By Lance Roberts / Thursday, May 09, 2013
Just recently the April employment report was released by the Bureau of Labor Statistics (BLS) which showed a surprise jump in employment for the month of April of 165,000 jobs. The general consensus for the report was 153,000 jobs so the“better than expected” news was [...]
truthingold.blogspot.com / By Dave in Denver / May 3, 2013
I’m not even sure where to start to with today’s April employment report. It was so out of line with all the other economic indicators and with what we know about big banks, big retailers and big manufacturing companies and their numerous announcements of [...]
zerohedge.com / By Tyler Durden / 05/03/2013 12:35 -0400
While everyone was focusing on the quantitative component of today’s BLS number, it appears what was once again missed in all the noise was the mention of the qualitative aspects of the BLS report: those parts which actually look at the quality of new jobs, not [...]
The eventful week concludes with the US employment report tomorrow. It comes on the heels of a series of economic reports that were weaker than the consensus expected and points to a loss of momentum in late Q1 that is carrying into Q2.
Some statistics cannot be understood without being set within a political framework, because they reflect politics as much as, or more than, they do reality.
The unemployment rate is an example and a cautionary tale.
According to the Bureau of Labor Statistics (BLS), the seasonally [...]
zerohedge.com / By Tyler Durden / April 11, 2013, 10:34 -0400
In what may be the most appropriate chart to summarize not only the entire US “recovery”, the “all time high stock market” and the daily newsflow, we present the number of jobs for those in the motion picture and sound recording industries, i.e, those [...]
news.goldseek.com / By Dennis Miller / Friday, 29 March 2013
A little over a month ago we did a quick poll on what our readers thought the real rate of inflation was. The idea for polling our readers came from the disconnect between the official government rate of around 1% and what some had told [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, March 25, 2013 8:16 PM
Here is a pair of interesting charts from reader Tim Wallace.
Ratio of Workers
Tim used non-seasonally adjusted numbers from the BLS, subtracting the number of government employees from total employed to produce the the above chart.
mauldineconomics.com / By John Mauldin / March 22, 2013
In today’s Outside the Box, Gary D. Halbert (my old and very dear friend and former business partner of many years) reminds us about a few significant facts concerning the Consumer Price Index (CPI) that mainstream economists and the media tend to ignore. The central [...]
zerohedge.com / Tyler Durden / March 14, 2013, 08:43 -0400
The grind lower in initial jobless claims continues, which from an upwardly revised 342k (was 340K) last week, declined to 332K in the most recent week ended March 9, on expectations of an increase to 350K. This was the third consecutive beat in a row [...]
caseyresearch.com / By Chuck Butler / March 11, 2013 12:38pm GMT
Some Calls For The Return of the King Dollar.
Good day. And a Marvelous Monday to you! Geez Louise, I can’t seem to catch a break here health-wise. I came down with a very nasty cold this weekend, one that keeps me up [...]
truthingold.blogspot.com / By Dave in Denver / March 8, 2013
The character of what’s in this gold market is so different from the bull market of the 1970s. The bull market of the 1970s was mostly traders and some central banks, but there wasn’t a huge sovereign interest…What you are dealing with [...]
bullionbullscanada.com / by Jeff Nielson / Wednesday, 06 March 2013 13:40
Ignore the fantasy-numbers. Ignore the inane hype which accompanies them. There is only one Truth with respect to the U.S. labour market and employment. It is contained in the chart below, produced by the Federal Reserve itself.
financialarmageddon.com / By Michael Panzner / February 10, 2013
From Panzner Insights:
Each month, the Bureau of Labor Statistics and Automatic Data Processing, Inc. detail what is happening in the jobs market. Although the tallies of monthly changes reported by each side are often out of kilter, their respective private nonfarm payroll totals have since [...]
caseyresearch.com / By Vedran Vuk / February 8, 2013
Regardless of the inflation statistic cited in our articles, someone always gets upset. For example, when Dennis Miller recently reported inflation figures from Shadowstats being as high as 9.6%, a few readers blasted them. After all, the Bureau of Labor Statistics (BLS) has inflation only at [...]
streettalklive.com / by Lance Roberts / Monday, February 04, 2013
The recent release of the January employment figures sent the media and blogosphere abuzz with a wide variety of arguments revolving around seasonal adjustments, birth/death adjustments, household versus survey data and much more. The arguments supporting, and rebuking, the employment numbers are well documented. My [...]
zerohedge.com / by Tyler Durden / 02/01/2013 09:51 -0500
While it is enticing to fall for the same old trick of reading the “quantitative”, or headline, jobs data, driven entirely by the Establishment Survey, which as the BLS itself showed today, is nothing but mere noise based on seasonal adjustments and population [...]
silverseek.com / By Ranting Andy / Thursday, January 24th, 2013
So the can was kicked again, with Congress voting to “delay” the debt ceiling until May 19th. Frankly, such “legalese” better befits children than Senators. Thus, the MONEY PRINTING orgy continues, with ALL nations participating. Such is the PONZI SCHEME that ALL fiat [...]
The December CPI is out, and according to the BLS, or more specifically, it’s X-12 Arima reality processors, there was no inflation in the past month, with headline CPI printing at 0.0%, as expected, and up from a 0.3% deflation in November. Excluding food [...]
NEW YORK – The real unemployment rate for December 2012 is closer to 23 percent, not the 7.8 percent reported by the Bureau of Labor Statistics, according to economist John Williams.
Williams, author of the Shadow Government Statistics website, argues that the federal government [...]
europac.net / By Peter Schiff / Thursday, January 10, 2013
Economists who hold the popular view that expanding the money supply will provide the best medicine for our ailing economy dismiss the inflationary concerns of monetary hawks, like me, by pointing to the supposedly low inflation that has occurred during the current period of [...]
gainspainscapital.com / By Graham Summers / December 16, 2012
Now that Obama has been re-elected, the BLS and other Government entities have begun to revise all of the positive data from before the November election downward. New jobless claims are back over 400,000. The amazing new home sales of 389,00 from October has been revised [...]
globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Sunday, December 09, 2012 10:47 PM
Gallup’s seasonally adjusted unemployment rate is 8.3% for November, up nearly one percentage-point over October’s rate. Gallup’s underemployment jumped from 15.9% to 17.2%.
The Gallup survey, which polls approximately 30,000 people monthly, was radically different from the BLS report that came out [...]
"Why do you collect pieces of paper with drawings of old dead men on them? And why do you give those pieces of paper to gangsters that charge you to protect said paper?" - Mad Mohel
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