Thread: Lets Analyze the Stress Test Results

When scrutinizing the numbers, I was so happy that I was wrong – that the analysts were wrong, “we are finally coming out of it.” But looking deeper I saw something that struck me. The US government added 66,000 jobs in April. These jobs are not construction, not manufacturing, not industrial, not even office work – they are temporary Census workers – you know the people who come to your house once every ten years at 9:00pm and ask you a whole bunch of personal questions so the government can know how many people live where and what they do and how many kids they have. In the report it clearly showed that 611,000 jobs were lost in the private sector – but thanks to the minimum wage earning, college student Census workers, the US lost less jobs overall than was expected. I think not.

I cannot stress enough how looking into the real story is the most vital thing we can do to gather information. Don’t believe what you read until you have read it all – and by that I mean numbers can be manipulated to make us think whatever those presenting the numbers want us to think – and in the case of US jobs, they are falling faster than expected .

keep your views coming

Thanks for this analysis!

Just thanks??? Is there nothing to say?? maybe your analysis or your views on my analysis???