by Turd Ferguson, TF Metals Report:

Since the inception of this site back in 2010, we’ve referred to the monthly jobs report as the “BLSBS”. Why? It’s generated by the Bureau of Labor Statistics (BLS) and its nothing but statistical guesswork, which generally makes it bullshit (BS). In the fully-politicized election cycle of 2024, the term BLSBS has become more appropriate than ever.

Again, no need to just take my word for it. See for yourself below. The “facts” of today’s report is that the US economy supposedly added 206,000 new “jobs” in June as the unemployment rate rose to a three-year high of 4.1%.