Joe CarsonJun 7, 2020BLS Failed Its Mandate: “Fearless Publication of the Facts"The Bureau of Labor Statistics (BLS) first commissioner Mr. Carroll D. Wright described the agency mandate, “Fearless Publication of the...
Joe CarsonJun 5, 2020Bombshell---Jobless Rate Falls Even As Millions More File Jobless Claims The Bureau of Labor Statistics (BLS) reported that the jobless rate fell 1.4 percentage points to 13.3%. The May numbers bettered...
Joe CarsonJun 4, 2020Returning Workers Could Trigger A Big Jump In the Jobless Rate In May Analysts are expecting the civilian unemployment rate to jump to 19% in May, up from 14.7% in April. But an unexplained sharp drop in the...
Joe CarsonJun 3, 2020Sharp Drop In Taxes Conflicts With ADP Report The monthly ADP employment report for May showed a loss of 2.76 million, far below the expected decline of 8.75 million. The methodology...
Joe CarsonJun 1, 2020ISM Surveys of Manufacturing: Sharp Contraction Underway & No Sign of Recovery In May, the Institute of Supply Management (ISM) released two surveys on manufacturing. The message is bleak; the contraction in activity...