To: Mongo2116 who wrote (1341296 ) 2/5/2022 3:29:47 PM From: locogringo 5 RecommendationsRecommended By D.Austin isopatch miraje tntpal Winfastorlose
Read Replies (2) | Respond to of 1573379 oops! Not so fast buckeroo ...Are The Numbers Bogus? ...No One Is Buying It BLS Cooks Books to Generate January Jobs Report That No One Believes, For Good Reason <snip> In my lifetime of reviewing data and analytics, I have never reviewed a level of statistical manipulation that even comes close to this. Well, at least not since the 1980’s junk bond valuations used for corporate restructuring and asset removal. What the BLS produced today will likely go down in the annals of actuarial history as one of the most comprehensively fraudulent manipulations of labor and statistics in history. In order to get to a point of being able to claim 467,000 job gains last month , the BLS needed to revise four years’ worth of claimed jobs and population data. By subtracting over a million prior jobs from 2021, essentially wiping out the COVID pandemic monthly impact, and by changing the workforce population over the same number of years, the BLS was able to recalculate the current number of people in the workforce and claim 467,000 jobs were recently created. Again, to unpack this effort would require a week of intensive education on statistics. { Summary Here } zerohedge.com To avoid that complexity, just think of the big picture this way: In order to claim a nonexistent gain today, you have to change what took place before.Ex. Your home is worth $1.4 million as of this morning. Your home is worth $400,000 more today alone. Why? Because your appreciation was stopped for the past year, and you are now comparing January 2022 to December 2020 when your home was worth $1 million. You need to pretend the $33,000 your home was gaining in value each month never existed. Instead, your home went from $1 million to 1.4 million in one day, today. This is, essentially, the methodologic mindset behind the statistical manipulation. <much more at link that you and your unwashed comrades will call bullshit...but next month is coming whether you like it or not>