Submitted by Hardscrabble Farmer
Do people who call out sick go on unemployment? Is that really a thing?
White House, Fed Warn Omicron Might Have Serious Impact On January’s Jobs Number
Get ready for a sub-zero jobs print…
Brian Deese, a top economic advisor to President Biden and former “global head of sustainability” at BlackRock, became the latest Biden henchman to warn that omicron might have a larger than expected impact on January’s jobs numbers when he spoke to the press on Tuesday.
- OMICRON EXPECTED TO IMPACT JAN. JOB NUMBERS: DEESE
Of course, Deese isn’t the first Biden lacky to start priming the public (and the markets) for another huge payrolls miss.
During yesterday’s White House press briefing, Biden Press Secretary Jen Psaki claimed because of the surge in people calling out sick during the first half of January (when the data were being collected), the influence of omicron might have substantially alerted the headline number, potentially even causing it to go negative. The US hasn’t had a negative monthly NFP jobs print since December 2020.
Continue reading “THIS MAKES NO SENSE”
