Snippet:
"Friday morning the U.S. Bureau of Labor Statistics said 126,000 jobs were created in March, Well below the consensus forecast of 246,000. January's and February's jobs numbers were also revised lower by a total of 69,000 jobs. At the same time the unemployment rate remained unchanged at 5.5%."
Comment:
Does this extrapolate to a miss in the March estimate by 189,000 jobs? (a miss by 76%?)
Surely the B of L had the time and the means to extrapolate the numbers based on the current information they had.
Methinks it's time to get rid of these hangers on and replace them by outsourcing the U.S. information gathering, to somewhere were they need the jobs, like China, India or even Russia.
"We live in interesting times"
Good Luck to all!