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BLS B.S.: 93% Of New Jobs Since 2008 Were Birth/Death Model Estimates

by irdadmin | Jun 3, 2017 | Financial Markets, Market Manipulation, U.S. Economy

A research report from Morningside Hill Capital sourced from Zerohedge shows that 93% of the jobs “created” since 2008 were Birth/Death model estimates.  While some portion of those jobs were no doubt legitimately created, the issue is over-estimation of...

There IS No B.S. Like The BLS

by irdadmin | Jun 2, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy

Bureau of Labor Statistics. It has an Orwellian ring to it. I guess it should stand for “Bureau of Lying Statistics.” A quick glance at today’s non-farm payroll report suggests that the economy likely lost hundreds of thousands of jobs in May. The...

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