May job numbers are out----

[Bindare_Dundat]

the numbers are purposly left off to soften the impact, then revised later when nobody is watching. Example, wall street consensus this morning was anything less then 600k was "good", a big sell off wouldn't ensue. So guess what, the numbers are 500k, which isn't "good" but "better than expected" and they can say it was "priced into the market" thus avoiding a huge sell off. Last months published numbers were around 500k+, the revised number was 124k. So the grand total was 624k!!!

[Bindare_Dundat]

Lets look at some more revised numbers from last year, shall we?

 From CNBC.

In addition, October's job losses were revised UP (+80,000), to show a cut of 320,000, previously reported as a 240,000 loss, while September's losses were revised UP (+120,000), to a loss of 403,000 from down 284,000.

HOW THE FUCK DO YOU MISS CLOSE TO A QUARTER OF A MILLION PEOPLE?

[Bindare_Dundat]

What is more alarming is the long-term unemployment rate. The government says that a record 4.5 percent of the work force has been out of work for 15 weeks or more. The worst previously seen — at least since 1948, when the government began counting people that way — was 4.2 percent, in December 1982.

Put another way, 21 percent of those who are unemployed have been out of work for at least 15 weeks. That is also a record, exceeding the 19.6 percent proportion seen during the 1958 recession.

Look at all these new records as things are "improving".

[Bindare_Dundat]

Temp jobs help mask American unemployment rate

http://www.baltimoresun.com/business/bal-temps0605,0,7382352.story

[Soul Crusher]

WTF? I sure as hell want one of those!

Good stuff.

PM me and I will send one out to you.