Peter pointed out that the ADP private payroll data released earlier in the week came out worse than expected. So, who are you going to believe?
… Of the 199,000 jobs the BLS claims the economy created, about 24% were auto workers and motion picture workers returning to their jobs after strikes.
Were these jobs really created? No. The jobs were there. It’s just that the people who had the jobs were on the picket lines instead of the production lines or whatever they’re doing in motion pictures.”
Lipstick, meet pig…