Friday, June 3, 2011
Birth/Death Adjustment+ 206,000!
Take away the Birth/Death adjustment of 206,000 and the Real NFP is: -150,000. This is the biggest monthly B/D adjustment in over a year. And if as all the pundit claimed last month, demanding the McDonalds addition of 62,000 janitorial, part-time jobs be added to the May number, the economy really lost over 200,000 in May. Time to price in QE 666.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment