$INDU:Timing the Market Opinion

[ridgetop]

We know that back in January with the government shutdown and No One working at the Bureau of Labor Statistics tRump fudged the numbers himself at 312,000 new jobs. Searching the BLS website because they have buried the monthly numbers, we have found that 312,000 new jobs then was over 100,000 more new jobs than existed at that time.
But the BLS under tRump's Labor Secretary Rene Alexander Acosta lied about the numbers.
Yes, that’s the same Acosta who gave Jeffery Epstein a get out of jail free card in 2013.
The stink from this tRump administration is permeating the whole world. Can you smell it?
It is high time to Impeach him now!


This is more than likely the tip of the iceberg on tRump's great fake economy!!!

This is more than likely the tip of the iceberg on tRump's great economy!!!

https://www.morningstar.com/news/dow-jones/201908217201/us-job-growth-weaker-through-march-than-earlier-reported-new-data-show


https://www.pulselive.co.ke/bi/politics/new-jobs-numbers-undercut-trumps-claim-that-his-2017-tax-cuts-jolted-the-economy-and/4e7399m



https://www.bls.gov/web/empsit/cesprelbmk.htm

CES Preliminary Benchmark Announcement
In accordance with usual practice, the Bureau of Labor Statistics (BLS) is announcing the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. The final benchmark revision will be issued in February 2020 with the publication of the January 2020 Employment Situation news release.
Each year, the Current Employment Statistics (CES) survey employment estimates are benchmarked to comprehensive counts of employment for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. For national CES employment series, the annual benchmark revisions over the last 10 years have averaged plus or minus two-tenths of one percent of total nonfarm employment. The preliminary estimate of the benchmark revision indicates a downward adjustment to March 2019 total nonfarm employment of -501,000 (-0.3 percent).
Preliminary benchmark revisions are calculated only for the month of March 2019 for the major industry sectors in table 1. The existing employment series are not updated with the release of the preliminary benchmark estimate. The data for all CES series will be updated when the final benchmark revision is issued.
Table 1 shows the March 2019 preliminary benchmark revisions by major industry sector. As is typically the case, many of the individual industry series show larger percentage revisions than the total nonfarm series, primarily because statistical sampling error is greater at more detailed levels than at an aggregated level.