"When the government releases Friday’s employment report, nearly a million jobs could be erased. The change won’t show up in the monthly report. Rather, the expected drop will show up in the governments revised job losses from April 2008 to March 2009, showing the labor market was in much worse shape than we knew at the time."
(Editor - At least people who believe government statistics knew at the time.)
Full Analysis from Bloomberg
Full Analysis from Bloomberg
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