Does anyone else believe the March payroll numbers are a bit faked? [View All]

Does anyone else believe the March payroll numbers are a bit faked?

Granted I once ran an International Corp’s US Tax office, so I know what “could” be done under the US common paymaster rules; so perhaps I suspect these folks of actually doing such because I assume GOP control extends to IRS enforcement of the rules.

In any case, payroll increases from moving Iraq jobs to a US common paymaster – nah – far fetched.

How about an arbitrary look back and find new consultants effort for a one time kick?

Maybe new seasonal adjustments that do not reflect hiring of agricultural workers, and other outdoor jobs like landscaping, construction, recreation departments, zoos at this point in those new seasonal adjustments? Perhaps illegal folks going on the payroll under fake SS#, replacing cash paid out to “consultants"? Perhaps we are only counting the first 30 day “guarantee” payroll payment to new commission-based sales jobs – giving us a "professional-and-business-services industry" jobs kick?

Now 308,000 new jobs in March is 513,000 new jobs since the beginning of the year. 759,000 since last August, with the manufacturing sector did not lose jobs for the first time in 43 months, but how do we explain a Jobs increase but hours work decrease –“Despite the increase in jobs, hours worked in the economy fell by 0.1 percent. The average workweek also fell by a tenth of an hour to 33.7 hours. Hours worked in the manufacturing fell 0.3 percent, with a drop of 0.1 percentage points in the average workweek to 40.9."

Does it bother anyone that Cheney locked down the numbers 4 days ago for his speech on the economic situation speech he is giving this noon? Or that secrets on Wall Street included a 250,000 to 300,000 number last Friday? Indeed I was amazed that Bond selling was held back to 2 minutes before today’s release- for Wall Street that is pretty close to honoring a promise to keep a secret!

http://money.cnn.com /
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm...
http://www.bls.gov/news.release/empsit.nr0.htm
http://www.bls.gov/cps /
http://www.economist.com/world/na/displayStory.cfm?story_id=2553350