Jan. 2014 jobs big miss at 113K, 'experts' expected 180K. Dec. 2013 unexpectedly remained about the same, 74K to 75K, big increase had been expected

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2/7/14, "Another disappointing jobs report," Politico, MJ Lee

"The economy added 113,000 jobs in January while the unemployment rate dropped slightly to 6.6 percent, the Labor Department reported Friday. The number of jobs added fell short of expectations — analysts had projected job growth of around 181,000, according to a Bloomberg survey."...

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2/7/14, "January Payrolls Big Miss Again At 113K Below 180K Expected, December Unrevised," Zero Hedge

"So much for the hope of either a surge in January jobs, or a massive upward revision in the December print. Moments ago the January jobs number came out and at 113K, it was a huge miss to the expected 180K, but more importantly, the December number which was expected to be revised much higher was virtually unchanged at 75K, compared to 74K originally. The unemployment rate, which has become largely irrelevant, dipped to 6.6% from 6.7%, just so Obama can get the brownie points for fixing the economy."...(BLS text at Zero Hedge) 

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Either fire the people who make these predictions or eliminate the entire field of economic guess work:

2/7/14, "Payroll Preview: Who Expects What," Zero Hedge

"Broken down by bank:

• HSBC 171K
• Barclays 175K
• Citigroup 180K
• Bank of America 185K
• Deutsche Bank 200K
• UBS 200K
• Goldman Sachs 200K
• JP Morgan 205K"...

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