Non Farm Was Negative - They Added Another 215k

they added in another 215k jobs on the birth death model.

what a joke of a number.

the us economy is fucked and not worth a toss.



http://www.bls.gov/web/empsit/cesbd.htm

 

Pretty much, yeah.

 

Frightening. That translates to real, negative job growth in every sector.

Government add was ~411K. Birth/Death add was 215K. That's 626K jobs.

The number came in at 431K. That means the real economy lost 195K jobs (626 - 431). Unbelievable.

 

April's a wash:

290K official add.

66K for census.

Birth/death 188K.

Real Job Gain = 36K (290 - 66 - 188).

 

Birth/death only? How about immigrants and foreign workers - legal and otherwise ??

 

If you actually bother to scroll to the bottom, you see that total month/month change for the month, not seasonally adjusted (none of these numbers are on this page) was 1090. So, 1090-215 = 865. Even taking out the census workers, that's a net add of around 400k, before the seasonal adjustment kicks in.
Yep, we're well & truly f*cked: none of you can either read or add & subtract.
What a pathetic bunch.

 

good catch.