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Actually, The US LOST 1,030 Million Jobs in July (Teachers’ Summer Break) - Printable Version

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Actually, The US LOST 1,030 Million Jobs in July (Teachers’ Summer Break) - Contra Corner - 08-06-2016

Actually, The US LOST 1,030 Million Jobs in July (Teachers’ Summer Break)

To better understand the July Jobs report, one has to understand the seasonal adjustments that the Bureau of Labor Statistics employs. Nonfarm payroll jobs added in July on a seasonally adjusted basis were +255,000 in July. But the raw or NON seasonally adjusted numbers were -1,030,000 jobs. Or 1.03 million jobs lost. Notice in the […]<img alt="" border="0" src="https://pixel.wp.com/b.gif?host=anthonybsanders.wordpress.com&blog=31838139&post=1355&subd=anthonybsanders&ref=&feed=1" width="1" height="1"/>


http://davidstockmanscontracorner.com/actually-the-us-lost-1030-million-jobs-in-july-teachers-summer-break/