NFP Friday...more of the same.....................from Rico

Another typical NFP Friday....more of the same BS from the BLS.

 

According to them, (U)nemployment is now down to 5.0%....if you overlook the 94.5 million working age workers that are not working, and ignore the labor force participation rate last seen in 1977.

- Just think, if they can keep cooking the numbers like this, eventually we'll see a 0% unemployment rate with nobody working.

 

The usual suspects celebrated in their traditional manner by burying spot Gold and Silver under a mountain of naked paper shorts.