Earlier this week ADP reported new jobs of 106,000. This morning the
BLS reported new jobs of 517,000. Once again, the BLS report is totally bogus.
Take a look at the study done by the Philadelphia Fed about the BLS reports.
Jobs Report
Started by
4caster
, Feb 03 2023 09:47 AM
5 replies to this topic
#2
pdx5
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I want return OF my money more than return ON my money
Posted 03 February 2023 - 09:50 AM
FED will use that BLS jobs report to keep increasing rates!
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#3
4caster
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Posted 03 February 2023 - 10:11 AM
FED will use that BLS jobs report to keep increasing rates!
I agree with you.
#4
skott
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Posted 03 February 2023 - 11:17 AM
they've been manipulating the numbers so long. We have so much communism in our country today. We are no longer free. Remember the ministry of truth in Russia? We have something similar today in our govt. The Australian govt last year said "we are your only source of truth"
#5
skott
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Posted 03 February 2023 - 12:10 PM
and if we have so many new jobs, so many people spending money, why is the price of oil going down?
#6
pdx5
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I want return OF my money more than return ON my money
Posted 04 February 2023 - 05:20 PM
1. Supply has caught up with demand.and if we have so many new jobs, so many people spending money, why is the price of oil going down?
2. Brandon is tapping strategic oil reserves.
3. Many still working from home.
4. Electric cars are expanding their share and do not use petrol.
Edited by pdx5, 04 February 2023 - 05:20 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
