Reality, alas…

Sorry folks, but we have to tell it like it is.

Some would have you believe that the jobs picture in today’s USA is like that which we’ve never seen. And here’s the chart to prove it:


click to enlarge…



Absolutely amazing! 4.8 million jobs in a month!! You do know the circumstances, and the incentives, under which those numbers occurred, right? 


The thing about the above graph is that it tracks the monthly change. I.e., it resets each month to zero.


Here, alas, is reality (the actual jobs numbers):







Here’s Quill Intelligence’s CEO — she was with the Fed for 9 years, by the way — digging into the numbers this morning (i.e., June, in terms of continuing unemployment claims, was actually worse than May)… Note her comment regarding the reaction in the stock market vs bonds*:

“Doubting BS from the BLS – stocks believed data, bonds laughed.

ALL CONTINUING CLAIMS INCLUDING CARES Act PUA

Absolute number of Americans COLLECTING unemployment insurance:

Week ended June 6: 30,574,905

 Week ended June 13 (NFP SURVEY WEEK): RECORD HIGH 31,491,627

 UP 916,722″

*By the way, gold ain’t buying it either this morning… 

Share:

Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat