There’s No B.S. Like The BLS

Friday, May 8, 2015
By Paul Martin

SilverDoctors.com
May 8, 2015

The BLS used its fictitiously calculated “Birth/Death Model” plug metric to pad today’s report of 223k jobs added in April with 213,000 “fairytale” jobs.
That’s right, 96% of the jobs supposedly added in April were BLS BS…

Submitted by PM Fund Manager Dave Kranzler, Investment Research Dynamics:

The Bureau of Labor Statistics, armed with the highly unreliable Census Bureau employment data sample (you, the Taxpayer pay for the this tragicomedy), released its extraordinarily overanalyzed and extraordinarily useless non-farm payroll report today. According to Bloomberg, the Wall St. brain trust consensus estimate was for 220k jobs “added” to the economy. The “actual” reported number was 223k.

The Rest…HERE

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