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Title : Is The Bureau Of Project Statistics Manipulating Information To Brand The Economic Scheme Hold Off Amend Than It Is?
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Is The Bureau Of Project Statistics Manipulating Information To Brand The Economic Scheme Hold Off Amend Than It Is?

Bureau of Labor Statistic headquarters

ZeroHedge has a bombshell written report out this morning: BLS Caught Fabricating Wage Data.

From the report:

What i sees here, every bit Andrew Zatlin of South Bay Research offset noted, is that land the Total Private Average Weekly Earnings draw posted roughly other company increment of 0.2% calendar month over month, an upward revision from the previous month's 0.1%, when i looks at the components, it larn clear that the BLS fabricated the numbers, together with may but hard-coded its spreadsheet alongside the intention of goalseeking a specific number.

Presenting Exhibit 1: Table B-3 inwards today's jobs report. What it shows is that whereas at that spot was a sequential decline in the Average Weekly Earnings for Goods Producing together with Private Service-producing industries which are the solely ii sub-components of the Total Private Line (and are circled inwards reddish on the tabular array below) of -0.8% together with -0.1% respectively, the BLS too reported that somehow, the amount of these ii declines was a 0.2% increase!

 But this is far from the amount story.

I convey a amount written report on my conversations alongside economists within the BLS together with what is actually going on, inwards today's EPJ Daily Alert.

Subscribe to the ALERT in the adjacent 24 hours together with your subscription volition start alongside this within report. Click hither for iv unlike ways to subscribe to the EPJ DAILY ALERT.

 -RW

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