from Silver Report Uncut:

Jobs Report Was A Lie, Record Business Creation While Most Were Closed Millions Of Job Losses Hidden

VIDEO:

There was much fanfare over yesterday’s Jobs report from the BLS yet this was one of the worst alterations in BLS history as they hid millions of job losses using a few tricks and even added extra for good measure. We attempt to break down the report yet we’ll begin with the addendum on the report it’s self which detailed some major changes they were instructed to make which are clearly performed to soften what was supposed to be one of the worst jobs reports in history expectations were for 8 million job losses. So how did we end up adding jobs well it has to do with the way they typically calculate business opening and closings and the changes resulted in record business creation the reason being they just removed most of the businesses whos employee counts went to 0 meaning almost all of the businesses that were shut down. Funny how just ignoring all of the effects of the actual economic realities can make it appear like the economy was on firm footing. This is a plain lie and it’s crazy they even called a press conference in advance to celebrate what was called amazing numbers. I think this is immoral and is actually encouraging risk based on lies.