Saturday, November 02, 2024
Make the BLS great again!
Make the BLS great again! - American Thinker https://t.co/cI7XWu7ysp
— Silvio Canto. Jr. (@silvio_canto) November 2, 2024
Let me propose a musical background for the jobs report: “What goes up must come down” or the opening line from “Spinning Wheel” by Blood, Sweat & Tears.
It’s been that way for some time. We cheer a jobs report in September and then we learn that it was revised downward in October. How does this happen so much? Who is preparing these jobs reports? Do they know what they are doing?
Let’s check the latest jobs report:
“Total nonfarm payroll employment was essentially unchanged in October (+12,000), and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in health care and government. Temporary help services lost jobs. Employment declined in manufacturing due to strike activity.
Manufacturing employment decreased by 46,000 in October, reflecting a decline of 44,000 in transportation equipment manufacturing that was largely due to strike activity.
So the strike did it? A short strike caused this? Sorry — I can’t buy that, because it makes no sense.
Are the bureaucrats cooking the books or do they know what in the world they are doing? Does anyone in the Bureau of Labor Statistics understand how confusing these up and downs, or revisions as they call them, sound to those of us who rely on their information?
I think that Mr. Musk needs to be given another assignment: Fix the BLS, Elon, because these “revisions” are freaking out the population.
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We remember Jay Black (1938-2021)
We remember Jay Black who was born David Blatt on this day in 1938. He died in 2021.
Jay and the Americans were a very popular group in the 1960's: "This magic moment", "Cara mia", "Come a little bit closer" and others.
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We remember Keith Emerson (1941-2016)
We remember Keith Emerson who was born in the UK on this day in 1941 and passed away in 2016.
Keith was the keyboardist of Emerson, Lake and Palmer, a great band from the 1970's.
They released several best selling LPs and many good songs. My favorite after all of these years is "Lucky man".
We remember Burt Lancaster (1913-1994)
During his career, he worked on a bunch of movies, from "The Kentuckian", to "Seven days in May" to "From here to eternity" to playing Wyatt Earp in "Gunfight at the OK corral" to his great role as Moonlight Graham in "Fields of dreams".
It's amazing how his movies dealt with such a variety of subjects, from the frontier days, to fears of a military takeover of the US government, to the most famous shootout of the Old West to a movie about a man who built a baseball field in Iowa.
Let's just say that he left a wonderful legacy of movies.
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Happy # 82 Stephanie Powers
Happy birthday to Stephanie Powers, who was born in Los Angeles, CA. on this day in 1942.
Most of us met her on "Hart to Hart" where she played the sexy Mrs. Hart.
Before that, she was "The girl from UNCLE" for a couple of seasons.