Contrary to Government Claims of 243,000 Jobs Created, Hundreds of Thousands of Jobs Were Actually LOST In January

Ummmm.....Propaganda has to be believable to work, and nobody bought this USDA choice hallucination....unless of course one is a sheeple......But this IS an election year and the sheeple must feel good.....

While everyone is popping the champagne corks over the fact that the Bureau of Labor Statistics says that 243,000 jobs were created in January, the facts are slightly different.....Below we see by the chart the seasonal adjustment fudge that the Gummit adds to the mix grossly overstated what the actual survey data showed.  The red line is the actual survey numbers. The blue line is the fake seasonally adjusted number.

 

There you have it. The headline, fake, number was up by 243,000, purportedly the biggest increase since 2006. But what’s this? The actual survey number showed a decrease of 1.1 million jobs. In the world of seasonally adjusted government data, down can be up for sheeples benefit.....