UPI quotes prediction that U.S. added just 167,000 jobs in July. Real figure was...

"UPI" is a wire service, like the Associated Press (AP)--part of the Mainstream Media complex that writes stories that are then re-printed by papers with no other effort, just cut-and-pasted.

It only takes a moment of thinking to understand how immensely powerful such an outfit has.  Imagine Fakebook or Twatter, but reaching four or five times more people.

Now:  Without my offering a single hint, see if you can guess the politics of UPI.

While you're thinking about that, consider this:  Two days ago, at 1:30 pm, UPI ran a story stating that "ADP-Moody's" had issued their prediction for U.S. job performance for the month of July--which the Department of Labor releases on the first Friday of every month. 

And what was the prediction for jobs added in July?    167,000.

Today the Labor Department released their figure.  I'm betting not a single person outside of government or top management knows it, but take a wild guess!

According to the Labor Department, the 167,000 reported by UPI was just a bit low.

So how much did UPI miss by?  Was the real figure 225,000 (the average number per month for the Trump administration)?  Higher?   Could it have been a whopping 300,000?  That would be stop-the-presses, front-page news--a number never reached during Obama's years.

Turns out 1.8 MILLION jobs were added in July.  That is, the figure published by UPI was low by a factor of more than ten.

You may well wonder how there could possibly be such a vast difference between the UPI figure and the result published by the Labor Department.  It's impossible to believe they're on the same planet.  Well, here's the link to the UPI story, under the headline

ADP-Moody's: U.S. added just 167,000 jobs in July

The report said analysts found anemic job growth across the board, with payrolls at mid-sized companies actually declining by 25,000 positions. About 7.6 million total U.S. jobs were added in May and June, according to government figures.

The private report often projects labor figures that split significantly with the official assessment. ADP and Moody's, for example, reported a loss of 2.4 million jobs for May -- two days before the Labor Department's report showed an addition of 2.5 million positions.

You have to go to the VERY LAST SENTENCE of the propaganda to find this key:

Most experts project the government's July report to show a gain of 1.6 million jobs.

Think about that for a bit:  Off by a factor of more than ten.  How the hell can anyone be that bad by accident and still be in business?  And this wasn't the first time.  (See above: predicting a LOSS of 2.4 million jobs for May when the actual figure was a GAIN of 2.5 million.)

So how can ADP-Moody's be so ineffably bad at their main job?  Seems to me the most likely explanation is they're trying to depress the stock market and delay recovery.  But of course that's just crazy-talk, eh comrade?