Friday, June 3, 2011

Take away the Birth/Death adjustment...

...of 206,000 and the Real NFP is:
-150,000. This is the biggest monthly
B/D adjustment in over a year. And
if as all the pundit claimed last month, demanding the McDonalds addition of 62,000 janitorial, part-time jobs be added to the May number, the economy really lost over 200,000 in May. Time to price in QE 666. - Zerohedge

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