Tag: labor

Bureau of Labor Statistics data is bunk

At least according to this TrimTabs report it is. An interesting read, which notes that December hiring was probably zero.

Bloomberg agreed.

(h/t to Eric Savitz)

CPI Numbers Are Unreliable, At Best

The Department of Labor, part of the fine administration that always tells the absolute truth, has released the latest inflation figures (see Latest Business News and Financial Information | Reuters.com).

Interesting that this report comes straight on the heals of Greenspan warning of more interest rate hikes.

I won’t get into the nitty gritty details of the article, with the exception of one.