Fund Manager: There Are Lies, Damned Lies, And Statistics…Then There’s The Govt Jobs Report
by Dave Kranzler of Investment Research Dynamics Last month the Government’s Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily counts those jobs when hired in October but forgets to remove them when are dismissed … Read more