Fed Manipulating Jobs Market, Creating Fiat Employment

Posted by

This morning’s hilarious December Non Farm Payrolls report showed the US added just 74,000 jobs for the month. Obviously, the weather was a factor. Then there’s some stuff going on with us losing 16,000 construction jobs and the Labor Force Participation Rate re-touching its cyclical lows once again. Meanwhile, the unemployment rate somehow dropped.

Okay, sure.

Here’s the funny part. We missed by 90,000 jobs or so, in the meantime the average revision is like 90,000 or so. Oh, and each of these monthly reports are revised seven times before they’re finalized. Oh, and one more thing – we’re talking about a discrepancy of under 100,000 jobs during one 30 day period in the context of an economy with over 158 million workers.

Some additional color, s’il vous plait:

December Employment Report: 74,000 Jobs, 6.7% Unemployment Rate (Calculated Risk)

Here’s What Wall Street Is Saying About Today’s Terrible Jobs Report (Business Insider)

Live from New York: It’s Jobs Friday (WSJ)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. click here commented on Sep 14

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  2. Bitcoin Era Review 2020 commented on Oct 01

    … [Trackback]

    […] Read More Info here on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  3. immediate edge commented on Oct 01

    … [Trackback]

    […] Here you will find 44500 more Info to that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  4. sigma vape shop commented on Oct 30

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  5. dumps + pin commented on Nov 16

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  6. digital transformation strategy commented on Nov 18

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  7. online reputation management services commented on Nov 23

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  8. painting with diamonds commented on Nov 26

    … [Trackback]

    […] Find More here on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  9. tangerine chequing account log-in commented on Nov 29

    … [Trackback]

    […] There you can find 61421 more Information on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  10. functional testing solutions commented on Dec 19

    … [Trackback]

    […] Read More on on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  11. 메이저놀이터 commented on Dec 24

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

  12. DeWalt DCS551D2 manuals commented on Jan 20

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2014/01/10/fed-manipulating-jobs-market-creating-fiat-employment/ […]

HowIInvestMyMoney