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To: Lakeside Granny

True that!

Something I find hard to believe:

Jobs Report Shock: 517,000 New Jobs Added In January, Blasting Street Forecasts; Unemployment Slips to 3.4%

https://www.thestreet.com/markets/jobs-report-shock-517000-new-jobs-added-in-january-wages-flat


469 posted on 02/03/2023 6:34:39 AM PST by Rusty0604 (" When you can't make Athem see the light, make them feel the heat." -Ronald Reagan)
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To: Rusty0604

it’s really the “annual january jobs adjustment report”

“This would be all about seasonal adjustments and sure enough, that’s precisely what happened because while the unadjusted payrolls actually cratered by a record 2.505 million, the seasonal adjustment factor was more than 3 million, the biggest in history!”

https://www.zerohedge.com/markets/january-payrolls-explode-517k-8-sigma-beat-expectations-unemployment-rate-tumbles-record


636 posted on 02/03/2023 11:13:29 PM PST by stylin19a (Why does "fat chance" and "slim chance" mean the same thing?)
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