Jobs Report Blues — Paul Craig Roberts

Jobs Report Blues Paul Craig Roberts On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. John Williams of ShadowStats.com reports that these “new jobs” result from the the Birth-Death model that “artificially inflates headline month-to-month payroll gains with add-factors that currently average well in excess of 200,000 jobs per month.” In other words,…

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