Hunch Confirmed -- February 5, 2020

This is very, very interesting, confirming my views that the press (as well as US Congress, and probably the entire Deep State and the "swamp") get economic data before the rest of us.

Yesterday, at the top of the 4-o'clock-hour on FoxBusinessNews, Liz Peek, my favorite business news/politial contributor (see earlier post) noted that the January jobs numbers were incredible. No one stopped her to expand; she just mentioned it in passing, leading up to the SOTU address later that evening.

I searched the internet for the January jobs data. It was not there. Now, this morning, it's officially released. Google: Private sector job growth blows past Wall Street's expectations in January with 291,000 added Economists expected the private sector to add 156,000 jobs in January.

By the way, I happened to catch Peggy Noonan on cable network news before the SOTU yesterday afternoon. She is clearly a shadow of herself. Really, really very disappointing. Obviously a "never-Trumper" also. Liz Peek can handle both business news and politics very, very well. I consider Peggy Noonan incredibly partisan (in an interesting way, ironically) while Liz Peek, very much a free market capitalist, seems to have the whole business news/political package. Perhaps she could replace Kudlow in the second Trump administration, although it would be nice for both of them to be on his staff.

I digress.

Back to the January jobs report:

Private employers added 291,000 jobs in January, soaring past economists' expectations for the best monthly gain in more than five years, according to the latest ADP National Employment Report.

The total far exceeded the 156,000 jobs that economists surveyed by Refinitiv were expecting.

"Mild winter weather provided a significant boost to the January employment gain," Moody's chief economist Mark Zandi said in a statement. "The leisure and hospitality and construction industries in particular experienced an outsized increase in jobs."

Note the reason for the job growth: global warming. LOL. 

Rumors are that upon reading this report in The Washington Post, Nancy Pelosi ripped up the newspaper into small pieces before using what was left over for her fourteen bird cages.

So, later.

For women: best jobs report since 1953.  Percent of new jobs taken by women? 72%.

Yahoo!Finance.