Labor Force Participation Rate Remains At 25 Year Low 64.2%, Birth/Death Adjustment: +117,000

Tyler Durden's picture

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slow_roast's picture

Maybe the unemployed are too busy eating Ipads.

Sudden Debt's picture

As Obama would say:

FELLOW AMERICANS!! WE NEED YOUR HELP IN FIGHTING THE UNEMPLOYMENT!!

DROP DEATH!! THANK YOU!!!

Cash_is_Trash's picture

The Fukushima 50 are hiring people removing toxic sludge.

That'll ease the unemployment huh, Benny?

jesse livermoore's picture

but somehow the unemployment rate ticked down.    ???

LawsofPhysics's picture

Amazing what happens when people are simply no longer counted.  More "invisible" troops for the revolution?  What happens when a few million, well-armed, invisible people show up in Wall Street or Washington?

Cash_is_Trash's picture

LOP: The countdown accelerates swiftly to our own Tahrir Square.

But the CIA will start arming the Loyalists a.k.a. the Criminal Syndicate, not the rebels.

defn8Dog's picture

Yes. 

"If you don't claim your humanity you will become a statistic." 

ReeferMac's picture

My god, I almost came at that thought....

Cash_is_Trash's picture

Didn't Churchill curse statistics. 'Lies, damned lies and statistics'.

I see the beat-down of the metals as an opportunity to purchase and hence telling my children:

"This gold ounce coin, I bought it when the price was only 4 digits".

Cash_is_Trash's picture

I stand corrected. He has some great quotes.

HoofHearted's picture

Actually it was a different British prime minister, Benjamin Disraeli.

Mark Twain said nearly everything, if we take all the attributions to be true. But Disraeli is reported to have said it first.

earnulf's picture

I believe that although attributed to Twain, it was actually said by someone else prior

A Man without Qualities's picture

"Statistics are like a drunk with a lampost: used more for support than illumination."

HoofHearted's picture

As the stats book I teach from says, "74.2% of statistics are made up on the spot."

Cash_is_Trash's picture

We agree that these people are moving the goalposts, again..?

goldfish1's picture

Like safe levels of radiation exposure.

LawsofPhysics's picture

Don't worry, there are plenty of asians who will work for nothing.  There that ought to get me junked quickly.  Rally on! (and hedge accordingly)

jesse livermoore's picture

gold and silver whacked   again....

goldfish1's picture

Isn't that amazing.

In other manipulations, silver and oil both increase approx 8% in one month.

 

Gold $1424.2 Silver $37.39  Oil $107.43 4/1/2011

Gold $1422.2 Silver $34.36  Oil $98.55  3/1/2011

btfd?

fiftybagger's picture

Oh my, employment is exploding!  Silver will got to zero!  Yawn.

Silver For The People

http://www.youtube.com/user/BrotherJohnF?feature=mhum

tomfool's picture

Bullish, nowhere to go but up!

 

BTFR

Robslob's picture

if silver were at "zero" we are all dead...

TradingJoe's picture

This BullShit gives "spin" a new meaning!

apberusdisvet's picture

Big push by TPTB; serves 2 purposes; drives PMs down; helps the re-election chances of the best puppet they have ever had.  "oh what a tangled web we weave..."

goldfish1's picture

Nah, his ace in the hole was the n card, that won't fly again. Even the yuppie liberals are pissed off.

TradingJoe's picture

PMs Down, Oil Up/Still "there"! Hmhmh!

malikai's picture

LMAO. Jobs report "positive", oil beginning a premarket "dip" as longs are crushed. This is the most comical shit ever. 10 bux says today is a down day for oil.

Boilermaker's picture

Irrelevant.

The pump job on the market is already in place.  People not only won't disect the information, they don't even know what it means.

"it's getting better".  That's all they need to know.

Racer's picture

And what a day to give out more news for idiots

Boilermaker's picture

Well, you see, it's all about building 'confidence'.  Right?

Robert Neville's picture

Non institutional population? I happy to hear that 239 million Americans are not institutionalized. The rest must be working in government.

Oh regional Indian's picture

Perhaps "working" in government is an oxymoron.

ORI

VisualCSharp's picture

I think "leeching" is a better term.

AN0NYM0US's picture

Gross just now on Bloomberg

 

There are many ways to default: The Romans did it by clipping their coins, the US is doing it by dollar devaluation, inflation and most importantly zero percent interest rates, which is taking money from savers and putting it in the pockets of corporations

when do interest rates go up?

 

"When the doves cry: Yellen, Bernanke and Dudley"

billwilson's picture

Lots of jobs at temp agencies, hotels, bars and nursing homes. You know all those high paying gigs.

Cash_is_Trash's picture

Oooo, and fabulous places to start a career in worthlessness.

baby_BLYTHE's picture

Degrees in worthlessness to jobs in worthlessness. Celente is the man!

Racer's picture

And more than half the number was made up... you couldn't make this up could you... uh, um.....

firstdivision's picture

I love the "Not in labor force" statistic.  March 2010 83264 and now March 2011 85594....that's bullish right?

Oh regional Indian's picture

Birth/Death adjustment. What a joke.

NUMBers, killing you softly. From birth to death.

ORI

http://aadivaahan.wordpress.com

VisualCSharp's picture

There's comfort in numbers; a kind of surety. Numbers are what they are and cannot be questioned. Numbers are also easily perceived in several different ways when they are compared to one another.

snowball777's picture

Especially when the numbers have almost no bearing on reality...or you decide to compare the wrong ones (like 'jobs' instead of 'aggregate income').

Caviar Emptor's picture

This NFP number is too moderate to be considered a blow-out, but above consensus. That means uncertainty hangs over the question of the Fed's next moves. Without more stimulus in the form of QE, the economy's best days are numbered. Especially with inflation kicking in. Forget about a serious tightening. 

Fed: Screwed if it does, screwed if it doesn't!

Lotsa Luck, Bensahn!

Johnny Lawrence's picture

Friend of mine ran a construction company.  Company went under a year ago.  He just got a job as the day manager at a local Lowes.

This is the type of "job creation" we're seeing.  Better than nothing, but still...

dexter_morgan's picture

Yep. One of my nephews was union electrician, no construction so he was laid off >2years ago. Now also working at Lowes for like 1/3 what he was making. Woohoo - dats a recovery there for ya.

Waterfallsparkles's picture

I have a friend that was a Stock Broker and is not working at Home Depot.  Home Depot has cut his hours down to about 20 hours a week now.

Caviar Emptor's picture

I've called it "the great downsizing". Much fewer jobs available and the new ones being created are at much lower pay with far fewer benefits.