Let’s see… an administration that has weaponized every agency for political gain, and a BLS whose monthly reports are almost universally too high and are revised substantially downward in later months, issues a big positive jobs report the month before the presidential election, and then the media all takes the same line that the jobs report supports Harris’ economic agenda?
A hotter-than-expected jobs report released Friday sets up a contrast for the final month of the 2024 campaign as Democrats and Republicans prepare their closing economic arguments.
Great news! But…
Mostly g’vment, mostly part-time, and worst of all, mostly non-citizens.
Wasn’t it revealed not long ago that they had been padding the jobs stats by about 850,000? I trust their jobs numbers about as much as I trust their inflation numbers. Lying liars are gonna lie.
The -818k “revision” total covered April 1, 2023 thru March 31, 2024.
For the rest of this year (so far)…
April: -67,000
May : -56,000
June: -88,000
July : +30,000
Aug : +17,000
All months are revised twice. Aug24 has only been revised once.