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Can Biden’s Jobs Number Be Trusted Any More?

royboy

Well-Known Member
Nov 9, 2001
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Lewisville, NC
Have @Catch50 and his work buddies been busted?


“Every single month this year has seen its payroll numbers revised down. It’s difficult to stress how unusual this is as it’s so statistically unlikely. There is clearly something wrong with the estimations being done by President Joe Biden’s Department of Labor,” said EJ Antoni, an economist at the Heritage Foundation.

Earlier this year, we noted that Biden’s jobs record could be even more exaggerated because of the way the Labor Department fills in gaps in its survey data. We wrote that:

Jonathan Pingle, chief U.S. economist at UBS, told the Journal ‘that the level of nonfarm payroll employment at the end of 2022 was likely too high by several hundred thousand, and that the overstatement might have carried into 2023.’
The White House touted the August jobs news, with Biden declaring that “America is now in one of the strongest job-creating periods in our history — in the history of our country.”
 
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