Monday, February 4, 2013

How Today's "Strong" Jobs Report Led To 115,000 Job Losses

While it is enticing to fall for the same old trick of reading the "quantitative", or headline, jobs data, driven entirely by the Establishment Survey, which as the BLS itself showed today, is nothing but mere noise based on seasonal adjustments and population estimates which is revised at least once a year based on new and improved exit assumptions, below we show the actual unvarnished truth contained in today's jobs reports.

Read more: http://www.zerohedge.com/news/2013-02-01/how-todays-strong-jobs-report-led-115000-job-losses

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