BRICS to account for HALF of global food production when new member states join next year
The expanded group's combined GDP will make for almost half of the world's economy...
Author: Author1
What the Central Bank Cartel has Planned for You
The beneficiaries will be the very few—the “elite”—in charge of running the state...
Oil Reaches New 2023 High
A third support under oil prices is the weakening dollar...
COVID Mask Wearers Could Be Exposed To Toxic Chemicals: Study
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Globalism and the Coming World Dictator: Reforming the Governments of the Nations
Each of these four prophetic pillars is predicated upon crisis...
Pope decries ‘terrible world war’ on environment, announces new writing
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Hezbollah Has Been Making a Mockery of Security Council Resolutions’
Israeli Ambassador to the UN Gilad Erdan warned of the unresolved danger along Israel’s northern front...
The Unwelcome Return of Covid Restrictions and Lockdowns
The American people must stop tolerating these ruinous policies and the totalitarian paradigm...
Explosion at Joseph’s tomb, ramming near Modi’in: Four terror attacks in 24 hours
IDF soldiers at Maccabim checkpoint had alerted the security personnel...
30 years of ‘Oslo’ and nothing to show for it
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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…
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