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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Jim McMannis who wrote (107820)	2/3/2010 3:23:07 PM
From: mishedlo	5 Recommendations Read Replies (3) of 116555

824,000 Will Disappear On February 5; BLS Admits Flawed Model But Plans No Changes globaleconomicanalysis.blogspot.com On Friday, expect to see the BLS revise job creation estimates down by a whopping 824,000 jobs. The culprit, as I have been harping on for a couple years is a birth-death model far out of sync with reality. Bloomberg has some nice interactive charts in an article Birth Death Model Insights. ... Mish

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