Why Today’s Miserable Job Numbers Are Probably Wrong (Time magazine)

[ailsagirl]

A revision is likely coming

The best thing you can say about today’s dismal job numbers is that they’re likely wrong. “This would be really bad news if it was true,” says professor Peter Cappelli, director of the Wharton School’s Center for Human Resources. The underwhelming 74,000 increase in non-farm payrolls suggest that the idea the economy was gaining momentum just got coldcocked by bad weather and weak spending.

Read more: Why Today’s Miserable Job Numbers Are Probably Wrong | TIME.com http://business.time.com/2014/01/10/why-todays-miserable-job-numbers-are-probably-wrong/#ixzz2q1rEcuNt

[Tansy_Gold]

1. They're probably much, much worse

But they'll be revised to look better anyway.

[JoePhilly]

2. Right, rather than lie to us now, they government is waiting to lie

to us later ... because ... umm ... ??

[ProgressSaves]

3. No.

But I'm sure the GOP appreciates your talking point.

[CFLDem]

4. The truth is what it is

[JaneyVee]

5. Revised to look better? If they're revised upward that's a good thing.

[Tansy_Gold]

6. Of course it's a good thing.

Unless it isn't.