The Biden administration claimed to create nearly 400,000 jobs from July to September but recent data from the Bureau of Labor Statistics (BLS) reveals none existed.
Key Points:
- Monthly estimates by BLS were frequently revised down under Biden’s tenure.
- These revisions were notably abnormal in both size and direction.
- Monthly job reports are based on surveys from fewer than 200,000 of over 600,000 businesses.
- The BED data, based on 12 million businesses, contradicts previous reports.
This discrepancy highlights potential misrepresentation or errors in reporting job growth initially.
Tags #Government, #Politics, #WhiteHouse
Lucem News Editor’s Opinion: Maybe instead of calling it a “jobs report,” the Biden team should just call it “fan fiction.” Turns out, 400,000 of those ‘new jobs’ were as real as Joe’s grasp on reality. There should be a criminal probe into the huge disparity between the report and reality.
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