In case you missed it this weekend, Gallup’s daily tracking report put unemployment at 9.2% … up from 8.3% in mid-January.
The BLS report this Friday will be vey interesting. Even with more book-cooking via changed methodologies, sample changes, and seasonal adjustments — it’ll be hard to put lipstick on this pig
My prediction: the BLS rate will go from 8.3% to 8.5% …. with a lot smoke re: seasonal adjustments … but nothing would surprise me now that the bean counters have been politicized.
Tags: BLS, book cooking, Gallup, jobs report, unemployment
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