More Reaction… Bureau of Labor Statistics Literally Just Made Up January Jobs Report

excalibur

Diamond Member
Mar 19, 2015
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The ADP numbers are far closer to reality than the Biden BLS Bullshit.



The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.

The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.

Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:



The adjustments increased the estimated size of the civilian noninstitutional population in December by 973,000, the civilian labor force by 1,530,000, employment by 1,471,000, and unemployment by 59,000. The number of persons not in the labor force decreased by 557,000.


...

Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.




For more, see Mish Talk by Mish Shedlock.

For the record, the only jobs report you can sort of trust is the ADP payrolls report.



Businesses’ payrolls fell by 301,000 last month in a broad-based decline, according to ADP Research Institute data released Wednesday. The median forecast in a Bloomberg survey of economists called for a 180,000 rise.
...​


 
The ADP numbers are far closer to reality than the Biden BLS Bullshit.


The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.
The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.
Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:
...​
Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.
For more, see Mish Talk by Mish Shedlock.
For the record, the only jobs report you can sort of trust is the ADP payrolls report.
...​



You all have been lied to again by the GWP.

From the actual report...


As a result, some large revisions to seasonally adjusted
data occurred with the updated models; however, these monthly changes mostly offset
each other. For example, the over-the-month employment change for November and December
2021 combined is 709,000 higher than previously reported, while the over-the-month
employment change for June and July 2021 combined is 807,000 lower. Overall, the
2021 over-the-year change is 217,000 higher than previously reported.

1644370085228.png
 
The ADP numbers are far closer to reality than the Biden BLS Bullshit.


The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.
The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.
Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:
...​
Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.
For more, see Mish Talk by Mish Shedlock.
For the record, the only jobs report you can sort of trust is the ADP payrolls report.
...​



ADP adjusted their Jan number from -301,000 to 509,000. I am so glad you think they are so accurate.

 
The ADP numbers are far closer to reality than the Biden BLS Bullshit.


The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.
The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.
Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:
...​
Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.
For more, see Mish Talk by Mish Shedlock.
For the record, the only jobs report you can sort of trust is the ADP payrolls report.
...​


You're not very bright, are you?
 
No shit. Even the blind Stevie Wonder could see how those job numbers were counterfeit.

Just as fake as some old demented pervert pretending he's "president."

yet now ADP agrees with those numbers. now who are you going to blame?
 
Biden has gone too far this time. He wasn`t content just to raise the price of gas, meat, veggies, etc. Now he`s ordered AMC theaters to charge more for a Batman movie than what they charge for movies watched by grownups.
 
The ADP numbers are far closer to reality than the Biden BLS Bullshit.


The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.
The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.
Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:
...​
Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.
For more, see Mish Talk by Mish Shedlock.
For the record, the only jobs report you can sort of trust is the ADP payrolls report.
...​


The current BLS commissioner, William Beach, was appointed by Trump.

The methodology used for the revisions is the same as it has been for many many years, and are based on a census, an actual count, of employment.
 
If they don't make up those numbers then good ole joe won't be able to brag during the state of the union address to talk about how great America is doing under his rule.
 
The ADP numbers are far closer to reality than the Biden BLS Bullshit.


The January jobs report from the Bureau of Labor Statistics has no basis in reality. The bureaucrats simply made up numbers to make it look like the economy added jobs.
The economy actually lost about 300,000 jobs in January. ADP and the BLS’s own report admit that. But a 300,000-job loss would hurt Joe Biden. So, the crooked accountants at BLS made up numbers and handed a headline to the ignorant press.
Here’s where the BLS comes out and tells us they simply made up numbers to arrive at the headline the White House communications staff wrote for them:
...​
Another trick the BLS used was to dramatically revise downward the numbers from every month prior to December 2021 all the way back to June.
For more, see Mish Talk by Mish Shedlock.
For the record, the only jobs report you can sort of trust is the ADP payrolls report.
...​


This is bullshit.

The methodology is the same as it was from Jan 2017 to Jan 2021.

You losers fall for this tripe every time.
 

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