Great Employment Report

[Covertibility]

Break-in at the Bureau of Labor Statistics

Man scales building and breaks window to enter.


Right beside Union Station and steps away from the Capitol, a man scaled the side of the Bureau of Labor Statistics and broke in by smashing a window.

Monday's unauthorized entry was handled by Homeland Security’s Federal Protective Services who entered the building to find the individual on the floor, injured. He was taken to the hospital by emergency medical services and is now under investigation.

The broken window is located on the building’s second floor. According to multiple witness reports, the individual broke the window with his elbow.

The BLS is located at 2 Massachusetts Ave., NE, and is a branch of the Labor Department, which is responsible for statistical data on the American public and government.

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Who the heck in their right mind breaks into the BLS??

 

[Tsing Tao]

Waitresses and bartenders can be full time jobs.

 

[wheaties]

Peter Schiff made an excellent point on one of his webcasts: If the unemployment rate is ~5%, than why is JOBS the major campaign theme of every candidate running for president?

 

[eurusdzn]

Have you noticed, or am i flat out wrong, that the eployment report isnt as important recently
as it has been in recent years. Somewhere 140k -240k wont effect much IMO. Fed seems to be
focused on global concerns.

 

[LacesOut]

I think it's because everyone knows the jobs report is a load of horseshit and the numbers are adjusted and readjusted to fall in line with whatever bullshit is being pushed at the time.

5% unemployment and 90 million people on some kind of federal assistance?

Mmmmmhmmmmm

 

[der_kommissar]

I think it's because everyone knows the jobs report is a load of horseshit and the numbers are adjusted and readjusted to fall in line with whatever bullshit is being pushed at the time.

5% unemployment and 90 million people on some kind of federal assistance?

Mmmmmhmmmmm

Yes, it's pretty much in line with every other line of b.s. we hear nowadays. No one believes it, but some pretend to believe it because their livelihoods depend on it. Why risk the repercussions for publicly challenging the narrative...

 

[ETcallhome]

Have you noticed, or am i flat out wrong, that the eployment report isnt as important recently
as it has been in recent years. Somewhere 140k -240k wont effect much IMO. Fed seems to be
focused on global concerns.

it was all important because every month we got an indication of what the fed may do. Now what they are going to be seems divorced from NFP.

 

[LacesOut]

Yes, it's pretty much in line with every other line of b.s. we hear nowadays. No one believes it, but some pretend to believe it because their livelihoods depend on it. Why risk the repercussions for publicly challenging the narrative...

When I was trading futures I never had open positions going into the jobs report.
I learned early on, the hard way, trading through the report didn't fit into my psychological profile.

 

[der_kommissar]

When I was trading futures I never had open positions going into the jobs report.
I learned early on, the hard way, trading through the report didn't fit into my psychological profile.

Yeah, I'm not one to trade that way either...OTOH, some creative stuff can be done with options if one has the urge to hold thru various announcements.

 

[LacesOut]

it was all important because every month we got an indication of what the fed may do. Now what they are going to be seems divorced from NFP.

It's been divorced for almost 2 decades now.
Phony economic data doesn't influence the Overnight Rate.