Looking For A Fake 700,000 May Non-Farm Payroll Number

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Wed, 06/02/2010 - 18:13 | 390528 Turd Ferguson
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Famous oxymorons:

Jobless Recovery

Jumbo Shrimp

War Game

Wedding Party

Genuine Replica

Wed, 06/02/2010 - 18:40 | 390579 RF
RF's picture

Toxic Assets

Italian Government.

Feminine Logic.

Amicable Divorce.

Military Intelligence.


Wed, 06/02/2010 - 19:12 | 390588 Ragnar D
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Earned Income Tax Credit?

Money Multiplier

Wed, 06/02/2010 - 19:03 | 390635 buzzsaw99
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military intelligence

fiscal conservative

Wed, 06/02/2010 - 19:06 | 390641 Turd Ferguson
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abundant poverty

educated investor

government worker

Wed, 06/02/2010 - 19:16 | 390674 mephisto
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investment bank?

Wed, 06/02/2010 - 20:04 | 390766 hambone
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Green Shoots

Economic Recovery

Mission Accomplished

Change you can believe in (a bit long...sorry)

Wed, 06/02/2010 - 20:38 | 390820 Problem Is
Problem Is's picture

Yes we can!


     I'm outraged...


           Quantitative easing...


                    Expert on the Depression...

Wed, 06/02/2010 - 23:48 | 391101 Canucklehead
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Hope and Change

Thu, 06/03/2010 - 10:33 | 391652 MilleniumJane
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Government Efficiency

Wed, 06/02/2010 - 21:02 | 390859 DonnieD
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becky quick

Thu, 06/03/2010 - 01:55 | 391216 BlackBeard
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LOL good one.

Wed, 06/02/2010 - 18:14 | 390530 williambanzai7
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Including temporary census employees in these statistics is a giant sham.

Wed, 06/02/2010 - 18:31 | 390564 Brett in Manhattan
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From what I've seen of the census workers, most couldn't find work in GOOD times.

Wed, 06/02/2010 - 19:20 | 390687 mephisto
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You mean economic recovery can't be built on Napoleon Dynamite and his brother??

Unamerican! Shame on you!

Wed, 06/02/2010 - 20:36 | 390818 ColonelCooper
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You should see my guy.  When this gig's over, he's gonna be a hungry Mofo.

Thu, 06/03/2010 - 10:31 | 391644 MilleniumJane
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If you're implying that they don't know how to do their jobs, it isn't a wonder...most receive "training," then are allowed to work only a few hours until they are laid off, then rehired again at a later time.


Wed, 06/02/2010 - 19:01 | 390585 Ragnar D
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Including any state "workers", legitimate or not, is a sham.

Someone ought to start reporting a competing statistic that actually subtracts government overhead:


(Real Jobs - Fed - State) = Productive Employment

Wed, 06/02/2010 - 20:40 | 390824 Problem Is
Problem Is's picture

Birth/ Death Ratio  =  Fairy Tale Jobs

Which means they can play in Obummer's White House "pick up" games...

Thu, 06/03/2010 - 02:48 | 391239 Sudden Debt
Sudden Debt's picture

We're paying for them so why not include them?

The most interesting part is keeping track on the gov. employed list vs. private employed list. And in a dream I once thought there where ROI number available on government employEEEeeeesss also.

Thu, 06/03/2010 - 04:58 | 391274 Ragnar D
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We should "include" them, but by *subtracting* them, since they're overhead.  Adding them just allows manipulation via government bloat.


The whole point of a payroll number is to know how many people are out there producing.  Census workers do not create any value, in fact I can't think of a better example of "deadweight loss".


Take the number of engineers, doctors, and burger flippers, and subtract out the government-union hole diggers and fillers and DMVers the first group will be taxed to pay for, and you have a much more accurate count of the producers.

Wed, 06/02/2010 - 19:35 | 390728 Hungry For Knowledge
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Don't forget upcoming mass city and state layoffs!

Thu, 06/03/2010 - 13:08 | 392126 oklaboy
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The corpse of Engineers has hire 10,000 admin assistants to do notyhing, do they count?

Wed, 06/02/2010 - 18:14 | 390532 etrader
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CNBC were pimping 700K today....

Trish "full cups" Regan was notable on the 700K priming.


Wed, 06/02/2010 - 18:42 | 390583 The Rock
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LOL. I happened to see CNBS for like 10 minutes with Trish's act before I almost hurled...

Wed, 06/02/2010 - 19:15 | 390669 Caviar Emptor
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Wed, 06/02/2010 - 20:46 | 390833 Problem Is
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What a great and versatile term...

It can mean CNBC Silicon Anchorettes...

Or it can mean the actions of the Chairman of the Federal Reserve:

Bennie "The Boob" Bernank-ster...

Wed, 06/02/2010 - 19:17 | 390678 Conrad Murray
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I wonder if the CNBC women think anyone respects their financial/economic prowess, or if they are aware the only reason they're there is because...they're not hot enough to make the cut at fox biz.  There are one or two exceptions to this in both directions of course.

Wed, 06/02/2010 - 19:37 | 390724 etrader
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The anchorettes know full well, its all about key demo figs.

 Which Ms Drury was well and truly gunning for today. :-)


Wed, 06/02/2010 - 20:00 | 390758 Caviar Emptor
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They got prowess! You don't got any..

Wed, 06/02/2010 - 18:14 | 390533 SimpleSimon
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Apparently, Census has been found to hire, fire, rehire a person several times - each hire counts and is reported to Labor as a new job.


Wed, 06/02/2010 - 18:51 | 390590 ZerOhead
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Great find SS... next they'll be counting hooker's blo&jobs!

Slightly OT... Is it just me or has anyone else noticed that the quality of strippers in the clubs has been getting better lately?

Wed, 06/02/2010 - 19:16 | 390672 Caviar Emptor
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ummm I thought hookers count

Wed, 06/02/2010 - 19:18 | 390683 Mactheknife
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I better put that on the weekend adgenda-quality DD on local talent-check.

Wed, 06/02/2010 - 19:42 | 390734 DoChenRollingBearing
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LOL!  You, sir, are a treasure.  Like I said to dumpster, please never leave us.

Wed, 06/02/2010 - 19:51 | 390744 ZerOhead
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Ha! No worries mate... no-one else would have me!


Wed, 06/02/2010 - 23:14 | 391042 RockyRacoon
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Don't let it go to your head -- ZerOhead.  He tells me the same thing.  I think he's a flighty old ho who likes the person who made the last hilarious comment.  Gotta watch that guy.

Thu, 06/03/2010 - 02:44 | 391237 Sudden Debt
Sudden Debt's picture

So you also have a IP ban on all those other sites he? :)

It used to be fun when you could simple start that little programm "IP hide" but by surfing through the cable, I can't do that anymore...

Thu, 06/03/2010 - 12:07 | 391976 ZerOhead
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Na!... I'm just probably on the no-fly list!

Wed, 06/02/2010 - 19:52 | 390745 Cognitive Dissonance
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"Slightly OT... Is it just me or has anyone else noticed that the quality of strippers in the clubs has been getting better lately?"


What's that CD?

I wouldn't know, the wife won't let me go.

I can't hear you CD.


Wed, 06/02/2010 - 20:02 | 390761 Caviar Emptor
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Yup. We're getting a "higher class" of stripper down here since the recession. Wall Street day job. 

Wed, 06/02/2010 - 23:01 | 391022 Mitchman
Mitchman's picture


Wed, 06/02/2010 - 22:39 | 390984 Conrad Murray
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Perhaps she doesn't want you dancing around her playground?  Never know with women these days.

Wed, 06/02/2010 - 23:16 | 391045 RockyRacoon
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CD, my wife would be the first to suggest going to a strip club around MY house! 

Ooops... gotta go. Here she comes.


Wed, 06/02/2010 - 18:15 | 390534 Cleanclog
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Again, what will the PTB and MSM say when the numbers reverse as census workers let go are reflected in upcoming months?

Wed, 06/02/2010 - 19:00 | 390627 RichardENixon
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The MSM will say that the effects of the oil spill which was caused by the corrupt policies of George Bush caused unemployment to start back up despite the heroic efforts of President Obama to fix the problem. Or something to that effect.

Wed, 06/02/2010 - 19:07 | 390645 hound dog vigilante
hound dog vigilante's picture

the decrease in census workers will NOT be reflected in upcoing months. Census worker totals/payroll will levitate throught the end of 2010. There is NO WAY that a sitting administration will allow good fiction to expire ahead of an election. No way.

Of course, when 2011 rolls around we will be green-shooting and rebounding and hiring like crazy... because this is a V-shaped recovery (false) and global demand is expanding (false) and deficits don't matter (false) and the world has never been safer (false)...

Pol & MSM rhetoric is so full of lies and falsehoods that nobody even cares/notices another dozen frauds (BLM stats) being chucked over the fence... apparently the sheeple will eat anything.


Wed, 06/02/2010 - 19:28 | 390714 SilverIsKing
SilverIsKing's picture

Correct.  I returned my census form before the deadline and got a call from them a few days ago.  When I called back, they wanted to spend 10 minutes on the phone reviewing the form I returned asking whether anyone else lived in my home that had not been reported or if anyone listed as living in my home spends time at another residence.

When I told the guy that everything on the form is complete and there's no missing information, he responded by telling me that he was required to ask all of the detailed questions about each of the individuals listed.

This was clearly busy work and a ploy to maintain the staffing for as long as needed for political purposes.

I asked him how many times he had been fired and rehired to which he responded that he was hired only once.

Wed, 06/02/2010 - 19:12 | 390661 Hungry For Knowledge
Hungry For Knowledge's picture

Have you seen numbers from the Consumer Metrics Institute?  Their claim to fame is forecasting the GDP 120 days before the Feds do.....they show an apparent 1% GDP for the 2nd quarter (down from the government's 3.0% adjusted number), and -2% GDP by the 3rd quarter.....what will the markets do with a -2% GDP?  At some point, reality will have to force market responses, I believe. 


Wed, 06/02/2010 - 19:12 | 390662 SheepDog-One
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The census workers will NEVER be let go! The Gubmint will just re-assign them to counting rock in Idaho or something even more useless than the census.

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