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What a SHOCK! Job loss numbers revised upward!!!

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April 03, 2009 – Comments (7)

So, it turns out that we actually lost 86,000 more jobs in January than previously reported. That brings the Jan. job losses to 741,000. The government has revised every monthly job loss figure upward in the following months (except for February, so far), resulting in HUNDREDS OF THOUSANDS of more jobs lost than originally reported!!! What do you want to bet that the Feb. and March numbers get revised up as well? I'd be willing to bet my life savings on it!!! The numbers that the government continues to report - in virtually every area - are becoming more and more of a joke.

7 Comments – Post Your Own

#1) On April 03, 2009 at 9:32 AM, EHoyle80 (< 20) wrote:

The equity markets are up, up, up and so are U.S. sales of durable goods and new houses. Have we seen the light at the end of the tunnel? Only if we can trust the initial official data, the Stock Research Portal says. “I am concerned that the initial percentages reported for the various ‘government released economic statistics’ continue to be consistently revised downward when finalized.”

Via Stock Research Portal 

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#2) On April 03, 2009 at 10:08 AM, Option1307 (29.90) wrote:

The scam that is the government just keeps gettting bigger and bigger!

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#3) On April 03, 2009 at 10:57 AM, cbwang888 (25.91) wrote:

The government is cooking data to inflate consumer confidience. The question is confidence might bring consumers into trouble if they lost their jobs.

No fundamental economy fix so far. All are accounting gimmicks, more zombie banks created, bad firms are temporarily resuced by bailout money.

Federal government has huge debts, local governments are broke and state tax is INCREASING in CA. Government jobs in many states are also cut.

Recovery is far away for US even though some signs of recovery oversea (like China) has been noticed.

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#4) On April 03, 2009 at 12:52 PM, rofgile (99.33) wrote:

They should just add an extra month to the calendar: Joblossuary.

All the extra jobs that are being lost could then be put into Joblossuary at the end of the year.

Problem solved. 

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#5) On April 03, 2009 at 12:55 PM, Bays (30.76) wrote:

Bringing up consumer confidence by inflating the numbers is setting us up for a huge down day...  I still can't believe the market is holding up today...  I took some profits this week and so far it's come back to bite me in the ass.  Be patient

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#6) On April 03, 2009 at 12:59 PM, JGus (28.98) wrote:

rofgile - Nice...gave me a good chuckle!!!

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#7) On March 22, 2011 at 3:23 AM, LindaColeman (< 20) wrote:

No fundamental economic fix until now. All accounting gimmicks have more zombiebanks bad company temporarily to save money resuced. Restore was seen far in the U.S., despite some signs of recovery in overseas.

BR, Linda Coleman, Medical Assistant Phlebotomist Jobs from phlebotomy jobs 

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