Posts Tagged ‘ Jobs ’

The Big Lie: Why Unemployment Data is Wrong


We are posting this story by Jim Clifton, the CEO of Gallup. Clifton agrees with our Chris Hamilton and has another take as why the BLS unemployment numbers are totally misleading. READ MORE

Charles Biderman at the Irrational Economic Summit on why Obama is the Worst Economic President and what’s wrong with GDP and the Bureau of Labor Statistics initial jobs report


Biderman talks bonds and stocks in reaction to jobs numbers on CNBC


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Government Unable to Effectively Provide Services; Yet They Keep Lying About it


A key belief of mine is that inherent in the nature of government is that governments are not capable of effectively providing services. And by effectively, I mean in terms of dollars and hours. Yet, the biggest of the Big Lies, and one apparently believed by most Americans, is that government can effectively provide services. Read More

There is No Government Shutdown Nor Default Threat


The idiocy in Washington on both sides is almost too tough to watch. First off, there is no government shutdown. Yes, about 500,000 government workers are on furlough and not getting paid right now. But over 20 million direct and indirect government workers are still on the job and getting paid! So how can a 2.5 percent, yes 2.5 percent, temporary reduction in workforce be called a shutdown?
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Biderman on CNBC: 159k Jobs Added in September


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Biderman on CNBC talking May’s 135k Job Number


TrimTabs Reports U.S. Economy Adds 135,000 Jobs in May – Employment Growth Averages Lackluster 121,000 Jobs per Month This Year


Sausalito, CA — June 5, 2013 — TrimTabs Investment Research estimates that the U.S. economy added 135,000 jobs in May, up from 67,000 jobs in April.

“Employment growth is stuck in low gear,” said David Santschi, Chief Executive Officer of TrimTabs. “The economy has added an average of 121,000 jobs per month this year, which by itself is not enough to reduce unemployment.” Read More

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U.S. Economy Not Growing While Stocks Soar


By Charles Biderman


The Bureau of Labor Statistics guessed that 236,000 jobs were added in February and everybody applauded. Yay, or should we say, “boo.” What most everyone missed is that even the BLS admits in a footnote to its February jobs press release that historically its initial number can be revised as much as 90 percent. A 90 percent revision to me means that the February 230,000 job number is meaningless. Read More

TrimTabs Reports U.S. Economy Adds 100,000 Jobs in February


Tax Deposits Indicate Last Month’s Employment Growth Slowest since June 2012


Sausalito, CA — March 6, 2013 — TrimTabs Investment Research estimates that the U.S. economy added 100,000 jobs in February, down from 135,000-155,000 jobs in January.

“Employment growth has gotten off to a slow start this year,” said David Santschi, Chief Executive Officer of TrimTabs.  “Real-time tax data indicates that employment growth last month was the slowest since June 2012.” Read More

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Charles BidermanCharles Biderman is the Chairman of TrimTabs Investment Research and Portfolio Manager of the TrimTabs Float Shrink ETF (TTFS)

Biderman’s Practices of Success

I recently launched a new online course, Biderman's Practices of Success, on ( The key to the practice of success is to be fully present in the moment and to be totally engaged in the important areas of life, particularly when we do not want to be. Read More.

Mr. Charles Biderman is an associated person of Trim Tabs Asset Management, LLC, an SEC-registered investment adviser. All opinions expressed by Mr. Biderman on this website are solely those of Mr. Biderman and do not reflect the opinions of Trim Tabs Asset Management, LLC, Trim Tabs Investment Research, Inc., their affiliates (collectively, “Trim Tabs”), or any other associated persons of Trim Tabs. No part of Mr. Biderman’s compensation from Trim Tabs is related to opinions which he expresses on this website, elsewhere on the internet, or in any other medium.

You should not treat any opinion expressed by Mr. Biderman as a recommendation to make an investment in any company discussed or cited in any of his postings. Mr. Biderman’s opinions are based upon information he considers credible, but which does not constitute research by Trim Tabs. Neither Mr. Biderman nor Trim Tabs warrants the completeness or accuracy of the information upon which Mr. Biderman’s opinions are based.