Headline Month-to-Month Payroll and Unemployment Data Are Rubbish,
Heavily Skewed by Inconsistent and Not-Comparable Seasonal Adjustments

Private Surveying Shows Plunging Employment Circumstances
Last Seen During the 2009 Economic Collapse

June 2016 Unemployment Rates: U.3 Rose to 4.9%, but
U.6 Notched Lower to 9.6% and the ShadowStats-Alternate Rate Eased to 22.9%

The Fed Will Not Buy These Numbers, Legitimately

Annual M3 Growth Jumped to 4.5% in June 2016, from 4.3% in May;
While the Monetary Base Shrank a Bit

 

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