Subject: BLS B.S.
Content: Numbers came out this morning. Non-farm payrolls minus 539k for April. The telling number was the upward revision to March and February. Both months were revised up by 30k more losses. March is now at 699k and February to 681k. January I think was 741k. So if my little pea brain is working we have shed through the first 4 months of the year a total 2.66 million jobs. It is safe to assume I think that April will also be revised up next month so in reality we are looking at close to 3 million jobs up in smoke already this year in 4 months. Scared yet?
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