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9.9.2016 - Insiders Club Bookmark


9.9.20146

Things just continue to get ever more curious, don't they?

On Wednesday, the labor department "revised" away approximately 150,000 jobs over the last 12 months.  Many don't know this, but once a year the Government compares its jobs date against a more complete set of information and then "adjusts" what they see. Well, that doesn't happen until February, but they did go ahead in their "first look" and suggest that their numbers are off about 150K.   If you think about that, and add in all the hundreds of thousands of jobs the Birth/Death model added, you come away with the idea that the jobs market is really broken.

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