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Saturday, May 11, 2019

The BLS report should not be taken to seriously!


Yes, the BLS injected 263,000 jobs into the report, but that's via their "birth/death" model. Once again for anyone that doesn't know what that is, the BLS says "for every company that shuts down and lays off, some of those laid off go out and open a business. Then they hire people". So, with NO proof if these jobs, no tax receipts, etc, they just "guess" each month at how many that is!!!

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