The jobs report came out last Friday and I was quite skeptical of the "good news". In my mind, there was some funny business going on because employers are still begging for workers and have not research pre-plandemic levels of employment. I was looking forward to what Chuck Butler at Aden Research said about it.
From Mr. Butler's Daily Pfenning:
Never, never, never, ever trust long term politicians.
From Mr. Butler's Daily Pfenning:
What a Crock! And I’m talking about the BLS’s attempt to throw everyone off the scent of a decaying economy, by changing the way they computed the jobs report, and came up with 467,000 job created by the BLS in January… Trust me on this one folks, the BLS changed the whole process for computing the report… Let me give you the skinny on that…
BLS revised four years’ worth of claimed jobs and population data. By subtracting over a million prior jobs from 2021, essentially wiping out the COVID pandemic monthly impact, and by changing the workforce population over the same number of years, the BLS was able to recalculate the current number of people in the workforce and claim 467,000 jobs were recently created.
Here’s how it was described by the conservativetreehouse.com “In my lifetime of reviewing data and analytics, I have never reviewed a level of statistical manipulation that even comes close to this. Well, at least not since the 1980’s junk bond valuations used for corporate restructuring and asset removal. What the BLS produced today will likely go down in the annals of actuarial history as one of the most comprehensively fraudulent manipulations of labor and statistics in history.”
BLS revised four years’ worth of claimed jobs and population data. By subtracting over a million prior jobs from 2021, essentially wiping out the COVID pandemic monthly impact, and by changing the workforce population over the same number of years, the BLS was able to recalculate the current number of people in the workforce and claim 467,000 jobs were recently created.
Here’s how it was described by the conservativetreehouse.com “In my lifetime of reviewing data and analytics, I have never reviewed a level of statistical manipulation that even comes close to this. Well, at least not since the 1980’s junk bond valuations used for corporate restructuring and asset removal. What the BLS produced today will likely go down in the annals of actuarial history as one of the most comprehensively fraudulent manipulations of labor and statistics in history.”
Never, never, never, ever trust long term politicians.
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