muses of the moment

September 7, 2013

The Real Stats from John Williams

From, you pay for the detail, but here is the punch line:

– August Labor Conditions Showed a Deteriorating Economy
– Instead of Being Matched Happily with Rising Employment, Falling Unemployment Reflected a Shrinking Labor Force with Declining Employment
– Payroll Boost of 169,000 was 95,000 Net of Revisions
August Unemployment: 7.3% (U.3), 13.7% (U.6), 23.3% (ShadowStats)
– Annual M3 Growth Slowed Markedly in August


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