March 06, 2020

Great job numbers for Feb, AND revised #s for both Dec and Jan way UP!

Ah, to be an "expert"!

The so-called "experts" predicted the economy would add 175,000 new jobs last month. 

They were off just a tad:  Instead of the "experts'" 175,000 prediction, the economy created 273,000 jobs.  Low by just 98,000 jobs

That is, the economy did 56 percent better than the experts predicted.

And there's more:  December and January's job numbers were adjusted--as they always are, as the final numbers are estimates.  December's total increased from 147,000 to 184,000, while January also went  up, from 225,000 to 273,000.  Quite an impressive revision for both.

Up.  Interesting, because I've been checking the numbers for ten years or so now, and when Obozo was prez the job figures always--always--ended up being adjusted DOWN from the first number.  Almost like the "experts'" first hack was deliberately on the high side, to produce glowing headlines.  Then when the numbers were adjusted downward a month later it was always "old news," so not a single media outlet ever paid attention.

But NOW, with Trump as prez, the first figures--as great as they've been almost every month--curiously always seem to be below the revised (i.e. more accurate) numbers a month or two later.

Why, it's almost like some munchkin in the department of labor is trying to throw cold water on this president.

Nah, that's just un-possible, citizen.

Source: CNBC:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home