Author: Author1
Saudi Barbaria: Man Sentenced To Death for Tweets
Labor Market Implodes: Job Openings Crater, Prior Data “Unexpectedly” Revised Sharply Lower
Goodbye Bidenomics
For months we have been warning that at a time when the US economy is careening into a hard landing recession, the manipulated, seasonally-adjusted, and politically goalseeked job openings data released as part of the DOL’s JOLTS report is sheer rubbish (see “US Job Openings Far Lower Than Reported By Department Of Labor“; “Handle The JOLTS Data With Care“, “Just Make it Up: Job Openings Unexpectedly Soar As Labor Department Now Guessing What The Number Is“). Today, the BLS finally got the memo.
With consensus expecting only a modest drop in the July job openings from 9.582 million to 9.5 million, what the BLS reported instead was a doozy: in July there were just 8.827 million job openings, the first sub-9 million print since March 2021. It was also the 3rd biggest miss on record!
Worse, had the BLS not drastically slashed the May number from 9.582MM to a laughable 9.165MM, the drop would have been almost 800K job openings. And yes, today’s downward revision…
Read More @ Zero Hedge Hedge HERE
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Pope Francis Shames “Backwards” Conservative Catholics in the U.S. During Meeting with Portuguese Jesuits
The Chinese Communist Party embarks in ten year project to rewrite the Bible
Bible, Catholicism, CCP, secret agreement, vatican, Xi Jinping