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| Economy |
| Fed Reserve chair Jerome Powell Admits The Biden Admin Is "Overstating" Jobs |
| 2024-06-13 |
| [Zero] Every first Friday of this year (here, here and here) we have spent hours deconstructing the glaring propaganda peddled by Biden's Labor Department, meant to show just one thing - how "strong" the economy is under the current administration - and exposing just how ugly the underlying labor data truly is. Last Friday's nonfarm payrolls was the most recent case in point: for those who didn't read our extended analysis titled "Inside The Most Ridiculous Jobs Report In Years", which dissected the laughable claim that the US added 272K payrolls (more than the highest estimate), here is what we found. While the Establishment Survey did indeed report that 272K "jobs" were added, this number also included multiple job holders; stripping those out, we get that the actual number of "employed" workers plunged by 408K... Related: Jerome Powell 05/30/2024 Gaza Pier Is Biden Presidency in a Nutshell Jerome Powell 05/30/2024 US Congressman calls for the dissolution of the Federal Reserve due to high inflation Jerome Powell 04/28/2024 The first bank in 2024, Republic First, collapses |
| Posted by:Besoeker |
| #1 "Powell Admits The Biden Admin Is "Overstating" Jobs" Or maybe the O'Biden Admin just included the 8+ Millions ILLEGALS now holding America Citizen jobs? Or those whose UEI ran ou,t and switched to Welfare? |
| Posted by: NN2N1 2024-06-13 06:29 |