The Unemployment Joke!!!!
We were supposed to lose 70K jobs and have an unemployment rate of 5.6%.
We only lost 51K jobs HOWEVER unemployment jumped to 5.7%.
I estimate that BLS statistics added about 3 million jobs that never existed through birth/death adjustments....we should see these numbers unwind over upcoming reports adding about 2% to unemployment.
Teen unemployment now stands over 20%....the worst since WW2.
Our government statistics are now being ridiculed by analysts....hang on.