Showing posts with label BLS. Show all posts
Showing posts with label BLS. Show all posts
Tuesday, January 13, 2026

Mark Zandi: Missing data from October and November combined with tariffs means inflation is still probably higher than it appears, closer to 3% year over year rather than 2.6%

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From the story here :  ... “The bottom line is, I think inflation is still uncomfortably high,” said Mark Zandi, chief economist at Moody’s...
Saturday, December 20, 2025

The unemployment rate at 4.6% in November 2025 can't be right

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 The unemployment rate at 4.6% in November 2025 can't be right with Initial Claims for Unemployment so low, averaging 223k. The January ...
Thursday, December 18, 2025

The BLS report of CPI is missing too much data for both October and November to be a reliable estimate of inflation

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 The 38-page pdf is full of tables with missing data like this " - ". ... CPI data collection resumed on November 14, 2025. ...  

The Trump Regime wants you to believe that core cpi inflation dropped from 3.01% year over year in September to 2.63% in November, lower than April's 2.77% and lower than at any point since 2021

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 October 2025 is missing.  The BLS remains in the hands of an acting commissioner since Trump fired McEntarfer in August.   

Trump says inflation has stopped in last night's speech, but what stopped was their collection of the inflation data

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 Do you remember when COVID hit and Trump said we should just stop testing to make it go away? Trump on coronavirus: ‘If we stop testing ...
Tuesday, October 14, 2025

September 2025 CPI data are scheduled to be released on October 24, 2025, at 8:30 A.M. Eastern Time instead of October 15 due to the government shutdown

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Tuesday, September 30, 2025

ROFLMAO he was DOA in the GOP Senate

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White House withdraws Antoni’s nomination to lead BLS   ... The Senate committee overseeing the Labor Department never scheduled a confirmat...
Thursday, September 11, 2025

There's a lot of BS and fear-mongering being circulated about the preliminary total nonfarm payrolls benchmark revision of -911,000 from two days ago

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It all betrays an inability to think .  Bloomberg here said: ... The number of workers on payrolls will likely be revised down by a record...
Friday, September 5, 2025

Let's compare the BLS' count of jobs added through August since December with the private sector ADP report

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Total nonfarm gubmint : 74,750 per month Total nonfarm private :  80,375 per month Those rascally Democrats over at BLS, my word.   

Payroll report for August out this morning says jobs actually contracted in June by 13,000: Who will Trump fire now LMAO?

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 Obviously more heads need to roll at the Bureau of Labor Statistics because in Trump's wonderful economy payrolls must have risen a lot...
Thursday, September 4, 2025

If the Bureau of Labor Statistics is drinking the liberal Koolaid, ADP must be drinking it too

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  Since December ADP is showing +80k jobs per month through August, PAYEMS is showing +85k jobs per month through July, as if they were dr...
Wednesday, August 13, 2025

American Enterprise Institute's Stan Veuger: Trump's pick for BLS isn't qualified

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  ... “The hope was that he would pick someone . . . who people would have trust in and could lead the BLS in an appropriate way, with rel...
Tuesday, August 12, 2025

Trump nominates Heritage Project 2025 economist to BLS, the very guy who had openly called for the firing of Erika McEntarfer at BLS after the disastrous July jobs numbers came out

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If you thought the jobs numbers were unbelievable before, just wait.   Trump says he’s nominating E.J. Antoni as Bureau of Labor Statistics ...
Saturday, August 2, 2025

Mike Shedlock, veteran critic of the BLS since the Great Recession: This is a clear case of shoot the messenger

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 Did Trump Fire the BLS Head for Cause, Being the Messenger, or Something Else?   ... “The process of obtaining the numbers is decentralized...
Friday, August 1, 2025

Mad King Ludwig fires BLS commissioner in a fit of rage over his bad jobs numbers, blaming the messenger

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I don't recall Obama firing anybody at BLS in 2011 when there were ZERO jobs created in August.     Banana republic stuff from the Banan...
Friday, November 15, 2024

The stock market cheerleaders/Fed rate cut cheerleaders at CNBC, but I repeat myself, lied by omission about wholesale price increases yesterday, but CNN told the truth

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 CNBC: Wholesale prices rose 0.2% in October, in line with expectations Wholesale prices nudged higher in October, though largely in line w...
Thursday, August 22, 2024

This conservative outrage machine story yesterday and today about Commerce Secretary Raimondo has got to be the dumbest one I've heard in a long time

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 She was asked an ignorant question. Why would the Commerce Secretary have something timely to say about employment revisions released by th...
Thursday, March 14, 2024

Inflation more durable than policymakers had anticipated, Joe Biden most hurt

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  This week provided a reminder that inflation isn’t going away anytime soon : The bad news began Monday when a New York Federal Reserve su...
Wednesday, September 13, 2023

The inflation adjusted average price of ground beef in the United States

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 In January 1984, ground beef was $1.29/pound. Adjusted for inflation to August 2023, it should be $3.89/pound, according to the inflation c...

The inflation adjusted average price of white potatoes in the United States

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 In March 1986, potatoes were $0.21/pound. Adjusted for inflation to August 2023, they should be $0.59/pound, according to the inflation cal...