Well, we don’t call it the “BLSBS” for nothing. The monthly “jobs report” is always full of statistical guesswork and gobbledygook and this month’s version is no different.
Of course, that’s not what you’ll hear today from the mainstream financial media. Instead, the parrot The Fed’s line of a “robust job market” and “strong economy”. But is that true and can one accurately and truthfully draw those conclusions from this report? The chart below… FROM THE BLS WEBSITE …betrays the SPIN….