Nonfarm payroll 345,000 job loss

http://www.bloomberg.com/apps/news?pid=20601087&sid=axhy8nEZHIXY

That was a widow maker if you were short into that announcement

 

How did we have a spike of 0.5% in unemployment rate and only 345k job loss? That makes so much sense.

 

Green shoot

 

what they didnt tell you was they added in 220k jobs from the birth / death model.

strange in a contracting economy their model is adding jobs.

another govt bls load of bullshit

 

If you dig into these numbers, there's some seriously manufactured bullshit. The currency market wasn't fooled - or rather, it was fooled for about 10 minutes.

edit: Look at the mining and nat resource jobs...holy crap.

 

link?

 

We have consistent + 500k job loss and 0.4% spike in unemployment the last few months. So if we only have 345k job losses this month and a 0.5% spike - it can only mean that the employment force is shrinking.

 

Link? Read the report, dude.

 

No one is hiring?

 

My thoughts exactly. Something funny with the numbers. Wonder if the market will be fooled.