NFP: + 244,000
Unemployment: Up at 9%
Business Birth Death Adjustment: +175,000.
So 175,000 of the 244,000 number is made up BS, and the ACTUAL number of reported jobs is + 69,000 for April.
Hmm. It seems we remember reporting that McDonalds hired 62,000 in April during a national hiring event.
So 62,000/69,000, or 90% of April new jobs are minimum wage burger flippers.
McShoots?
