“You Have To See This To Believe It”: How The BLS Data Is Being Manipulated

On Friday, we pointed out two bizarre aspects of the latest jobs report.

While on the surface, the 14th consecutive payrolls beat – which came well above the highest Wall Street estimate, merely the latest 6-sigma event in an long and illustrious list of impossible events spewed forth by the politicized Biden admin – was impressive, it was also very much improbable considering the latest sharp divergence between the Establishment and Household surveys, which in May was a 649K difference…