bureau of labor statistics

Undercutting people’s trust in the Republic: another step to destroying the Republic

Summary:  Skepticism of authority is an element of wisdom, but with careful encouragement can become malignant distrust of government. It’s a step towards de-legitimizing the Republic, a powerful element of a elites “divide and concquor” strategy — leaving a people with no obvious rallying point.  Here we discuss an example being run on us today. …

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About the May jobs report – a few new jobs, bought at great cost

Summary:  Most people focus on the month-to-month changes in the jobs report, which consists mostly of noise (recently unpleasant noise).  The year-to-date and 12-month changes are more revealing.  We remain in a slow recovery, somewhat faster than in 2010.  The results of the past two months (not shown here) suggest severe slowing!   Enjoy this progress, as it was …

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About the April jobs report – no new jobs, a result bought at great cost

Summary:  Most people focus on the month-to-month changes in the jobs report, which consists mostly of noise.  The year-to-date and 12-month changes are more revealing.  We remain in a slow recovery, somewhat faster than in 2010.  But it might be slowing!   We should enjoy it, as it was bought at great cost. A cost we cannot long continue …

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About the March jobs report – a few jobs bought at great cost

Summary:  Most people focus on the month-to-month changes in the jobs report, which consists mostly of noise.  The 12-month changes are more revealing.  We remain in a slow recovery, somewhat faster than in 2010.  We should enjoy it, as it was bought at great cost. A cost we cannot long continue to pay. Contents Conclusions Household survey Establishment survey …

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About the January jobs report – mildly good news, but bought at great cost

Summary:  Most people focus on the month-to-month changes in the jobs report, which contain a lot of noise.  The 12-month changes are more revealing.  We are in a slow recovery, somewhat faster than in 2010.  We should enjoy it, as it was bought at great cost. Here we examine the January employment report from the Bureau of Labor Statistics.  They conduct two …

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