If ever there was evidence that government agencies are sensitive to political pressure (no!), todays jobs number is it.
After hiring 1.25M workers for the census (a waste of $22/hour on a political battle unrelated to the original purpose of the census), will the BLS use this opportunity to bury millions of lost jobs that they've been saving up? I wonder....
Any useful job-counting method would show +1.25M this cycle, at least as a starting point. Let's see how reliable and accurate the BLS really numbers really are. The implication of a number that isn't reasonably close to +1.25M is twofold:
1) It shows the true state of the economy, X - 1.25M = R (where X is the BLS' "saved-up" number and R is reality)Of the two, #2 is the bigger problem.
2) It will reveal with certainty that our unemployment stats are cooked
