Bad Economy? Bad Jobs Report? Blame Weather

Economy? Bad Jobs Report? Blame The Weather, Apparently Local News Media & MSM are Blaming Weather.

I was just turning to a local news media outlet CP24 to find out apparently our local news media is stating that the American Jobs report which would show how many were created in Jan shouldn't even be released today due because of the bad weather America had.

Here are two articles on it.
Bad weather may depress jobs report numbers

Stock markets have sunk after signs of weaker growth in the United States, Europe and China. Turmoil in developing countries has further spooked investors. The upheaval has renewed doubts about the Federal Reserve’s next steps. Evidence of healthy U.S. job growth would help soothe those jitters.

Get ready for a 'weird' jobs report
CNN claims.

Meanwhile, they predict the unemployment rate will remain at 6.7%.

"The economy is either at a turning point or approaching a turning point. Either way, this is a horrible time to be a forecaster," said Bill Watkins, executive director of the Center for Economic Research and Forecasting at California Lutheran University. To top of page

Is anyone surprised by this?

This has been going on for some time now.

Some related statements/articles.
www.zerohedge.com...

We recommend closing the short EUR/SEK trade that we initiated last week. While Swedish economic data have improved, as we expected, the global outlook has deteriorated – caused by a larger than expected weather effect in the US (the US ISM has fallen to 51.3, from December’s 56.5). As such we close out the trade at 8.8300 (entered at 8.8100) and look to reinitiate once risk appetite turns positive again.

Futures Lower? Blame It On The Snow (And The Carry Trade)
www.zerohedge.com...


Oh well, the fact young people are jobless most mean this climate change must be real! /facepalm

reply to post by Agent_USA_Supporter


My god!

The weather? They're blaming the weather?


We'd have a jobs report but;
The dog ate my homework
It was a snow day
The sun was in my eyes
I was too tired
I couldn't find a pen

I heard this on the news this morning.
I haven't actually heard it come from Obama's lips yet, but I am expecting to hear him say that GW Bush caused climate change, which in turn caused our weather to cause more unemployment.... to make Obama look inept.... because he is black.