More BS from the BLS yesterday.
- Down is UP, and Bad is GOOD.
With a record 92.9 million Americans now NOT in the labor force, and the participation rate at a 38-year low, all the fake numbers from BLS can't hide the continuing collapse of the US Labor Force (now at its lowest point since 1977).
- The 111,000 jobs 'added' (waiters and bartenders) just don't compensate for the 451,000 fewer employed people. I don't care what moronic 'common core' math hijinks are used by the gooberment.
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