Zero New Jobs in May 2014

longknife · Jun 7, 2014

We certainly are in the midst of an economic recovery. These figures prove it.

Last April I saw a report that 83% of Mays college graduates did not have a job. I remarked that in my day most of us had 2 or 3 job or graduate school offers before we graduated. The latest payroll jobs report issued on June 6 proves that the April report was true.

My opinion, schooled in part by John Williams very precise reports on Shadowstats.com, is that on average about half of the new jobs each month are phantom jobs created by the birth-death model and inappropriate seasonal adjustments. So, I figured that the 217,000 jobs claimed for May are more like 108,000. Then I read John Williams report on the May jobs number: Monthly payroll gains overstated by 200,000 plus jobs
Click to expand...

Read more @ http://www.prisonplanet.com/more-phantom-jobs-created-all-in-the-wrong-places.html

Log in or Sign up

Zero New Jobs in May 2014

longknife New Member

Share This Page

Log in or Sign up

Zero New Jobs in May 2014

longknife New Member

Share This Page

Useful Searches