August 2013 NFP: NFP + 169K, Exp. 180K

Zero Hedge Twitter ^ | Sept 6 2013 | Tyler Durden

[Perdogg]

NFP + 169K, Exp. 180K— zerohedge (@zerohedge) September 6, 2013

[Perdogg]

Details to follow......

[Perdogg]

weak.

[Wyatt's Torch]

Very weak. U3 7.3%.

[Perdogg]

Previous Revised from 162K to 104K— zerohedge (@zerohedge) September 6, 2013

[xzins]

The say the UE is 7.3% versus gallup’s 8.7%.

I don’t know that there’s ever been a bigger gap between the two.

Someone or Something is fudging numbers someplace.

[Perdogg]

WORK FORCE RATE AT 63.2%, LOWEST SINCE 1978...

[God luvs America]

July's number revised from 169K NFP to 104K- a drop of almost 40%!!!

[Road Warrior ‘04]

Someone or Something is fudging numbers someplace.

Nah! C'mon! They wouldn't do that! /SSSSS

[Perdogg]

August jobs report: Payrolls: +169K Private: +152K Unemployment: 7.3% Participation rate: 63.2% Workweek: 34.5 hours Hourly wage: $24.05— MarketWatch (@MarketWatch) September 6, 2013

[Perdogg]

10.8%: Jobless rate if labor force participation were at January 2009 levels— James Pethokoukis (@JimPethokoukis) September 6, 2013

[xzins]

Look at post #7. That is some incredible revision of greater than 30%.

Amazing.

[ScottinVA]

A 58K downward correction? Dayum!!!!

[Wyatt's Torch]

U6 down to 13.7%

[Wyatt's Torch]

That’s a huge downward revision

[concerned about politics]

The say the UE is 7.3% versus gallup’s 8.7%.
I don’t know that there’s ever been a bigger gap between the two.
Someone or Something is fudging numbers someplace.

We're still printing money like candy, too.
There's something bad in the air. Something very wrong is going on. No one is telling the truth about anything anymore, and it's blatant.

[xzins]

The really odd thing to me is that this encourages the Fed to continue its plan to taper the QE 85B spending each month.

That will wreck this fantasy economy unless I’m missing something.

I can’t believe Obama’s going along with it, but the Department of Labor is a wholly owned subsidiary of Barack Inc with a true-blue, civil rights democrat in charge of it.

They’re launching a recession or worse seems to me.

[concerned about politics]

They’re launching a recession or worse seems to me.

It's obovious to anyone watching that the employment situation in this country is a lot worse than Washington is letting on.

[Red Badger]

[Cheerio]

They decide to release the horrendous revisions when everyone has their eye on the launch of a new war. That is all this war is - to distract everyone from the implementation of Obamacare with it's attendant rate hikes, Benghazi, F&F, Sebelius soliciting private funds, IRS, yada yada. LOOK FOR A LOT OF NEWS DUMPING WHILE THIS IS GOING ON AND ALSO WATCH CONGRESS AS THEY JAM DOWN A “COMPREHENSIVE AMNESTY” BILL IN THE DEAD OF NIGHT.

[Perdogg]

I don’t see how we got such a good Non-manufacturing ISM report with this jobs number.