Getting a lot of outraged pushback over even allowing the possibility of something amiss at BLS. I was just covering myself, because so many weird things have happened lately. But I apologize for any suggestion that a highly professional agency might have been corrupted. 1/
And as I look at the data, I'm starting to believe that the modest job gains may well have been real, not an artifact of the models. I was already on record saying that predictions of a huge job loss didn't look right 2/
Again, this does not mean that we're out of the woods. If expanded benefits expire and aid to state/local govts isn't provided — which is now more likely — late summer/early fall will be hell 3/
