No proof that job numbers are being faked/massaged for political agenda

[enhanced_deficit]

While there has been some chatter from critics about insider trading accusations against friends of current administration etc, there is no proof in any of the reliable MSM news. Some commentaries after below news seem to be starting similar chatter again.


Trump says he's 'looking forward' to seeing Friday's employment numbers



President Trump sounds an optimistic tone ahead of Friday's pivotal nonfarm payrolls report from the government.
About an hour before the 8:30 a.m. ET release, the president said he is "looking forward" to the employment numbers.


Jeff Cox | @Jeff (http://www.ronpaulforums.com/member.php?u=1344)CoxCNBCcom
Published 1 Hour Ago Updated 13 Mins Ago CNBC.com
Leah Millis | Reuters

President Donald Trump holds a Make America Great Again rally at Nashville Municipal Auditorium in Nashville, Tennessee, U.S., May 29, 2018.

President Donald Trump sounded an optimistic tone ahead of Friday's pivotal May nonfarm payrolls release from the government.
About an hour before the 8:30 a.m. ET release, the president said he is "looking forward" to the employment numbers.
Looking forward to seeing the employment numbers at 8:30 this morning. (https://twitter.com/realDonaldTrump/status/1002510522032541701)

The president typically gets to see the numbers the night before they are sent out to the public, though the report is embargoed and is kept under tight wraps as it frequently moves the financial markets.
CNBC has reached out to the White House and Labor Department for comment.

https://www.cnbc.com/2018/06/01/trump-says-hes-looking-forward-to-seeing-fridays-employment-numbers.html


Carl Icahn denies wrongdoing after selling $31 million in steel-related stock before Trump's tariff announcement
Mar. 7, 2018
http://www.businessinsider.com/carl-icahn-denies-insider-trading-stock-sale-trump-tariff-2018-3

Federal government’s mission to save Trans Mountain jobs
May 30, 2018
Independent economist Robyn Allan, who offered her expert testimony during hearings for the Trans Mountain pipeline, said Kinder Morgan “inappropriately massaged” the already-inflated job numbers ...
https://www.thestar.com/vancouver/2018/05/30/federal-governments-mission-to-save-trans-mountain-jobs-divides-bc-and-alberta.html

[devil21]

There was a lot of insider trading of the report "results" before Trump's tweet. Futures were ramped around 5am with the narrative of Italian crisis "resolved" (ha!) and continued upward all morning.

The daily see-saw of the markets recently, down 200, up 200, down 200, up 200, etc tells me that insiders are selling. Charts of institutional fund outflows are starting to confirm this. PPT workin' hard these days.

[Zippyjuan]

https://pbs.twimg.com/media/DCDB_9oWsAAvVs1.jpg

[buck000]

I'm woefully ignorant about economics, but have never really trusted the BLS reports, regardless of the party affiliation of the POTUS over the years. It's always amusing to learn of the revised numbers for a given month a few month later... ;)

And then there's this (https://www.zerohedge.com/news/2018-06-01/record-959-million-americans-are-no-longer-labor-force) from my favorite economic Doom & Gloom site...