There’s No “BLS” Without “BS”

What they should have said was that an estimated 559,000 payroll headcounts, which have been statistically AWOL since February 2020, were reborn in the Bureau of Labor Statistics (BLS) tables, the latter purporting to represent the U.S. labor market in May 2021. Other than that, the most recent Jobs Friday report was about as useless as teats […]
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