…that in an election year characterized by the Democratic Party deliberately misrepresenting reality on multiple fronts to keep Americans in the dark just long enough to hold on to the power it craves and has so flagrantly abused, we just learned that the U.S. added about 818,000 fewer jobs in the 12 months ending in March than we had been told.
From the New York Times yesterday:
[M]onthly payroll figures overstated job growth…That suggests employers added about 174,000 jobs per month during that period, down from the previously reported pace of about 242,000 jobs — a downward revision of about 28 percent. The revisions, which are preliminary, are part of an annual process in which monthly estimates, based on surveys, are reconciled with more accurate but less timely records from state unemployment offices. The new figures, once they’re made final, will be incorporated into official government employment statistics early next year.
The updated numbers are the latest sign of vulnerability in the job market, which until recently had appeared rock solid despite months of high interest rates and economists’ warnings of an impending recession…This year’s revision was unusually large. Over the previous decade, the annual updates had added or subtracted an average of about 173,000 jobs…
The updated numbers are the latest sign of vulnerability in the job market, which until recently had appeared rock solid despite months of high interest rates and economists’ warnings of an impending recession. More recent data, which wasn’t affected by the revisions, suggests job growth slowed further in the spring and summer, and the unemployment rate, though still relatively low at 4.3 percent, has been gradually rising…
Oh. Being good little Axis members, the Times dutifully throws in excuses, rationalizations and other devices of modern advocacy journalism propaganda to persuade readers that this news isn’t worth getting upset about and to stop them from suspecting that they are being treated like dupes. For instance…
- “Still, substantial updates are hardly without precedent. Job growth for the year ending March 2019, for example, was revised down by 489,000, or about 20 percent.” You know, during the TRUMP administration. Everybody does it!
- “Even accounting for the new estimates, the big picture remains relatively unchanged: Job growth is slowing, but not collapsing.” See? “It’s not the worst thing!”
- “Job openings, hiring and employee turnover have all slowed significantly over the past two years. The robust monthly payroll figures were something of an outlier.” The numbers weren’t as good as you thought it was anyway—you should have seen this coming!
- “We’ve known that things on net were probably moving gradually in the wrong direction,” said Guy Berger, director of economic research for the Burning Glass Institute, a labor market research and data firm. “This just largely confirms what a holistic view of the labor market data was saying before today.” Now you tell us?
- “The unexpected slowdown in hiring and uptick in unemployment in July, for example, may have happened in part because of Hurricane Beryl, which temporarily closed businesses in Texas.” It’s all the fault of climate change!!!!
- “And government data may not fully reflect the effect of increased immigration, which has provided employers with a supply of needed workers.” Remember, illegal immigration is good! Good!!!
- “The large size of the survey makes it reliable, but not perfect.” Nobody’s perfect, not even Democratic administrations…
- “The response rate to all government surveys has been falling.” It’s all your fault, proles!
The headline to this post isn’t sarcasm. Well, not entirely. I’m really, kind-of, sort-of ready to believe that the fact that the job numbers Biden and his lackey crowed about every month (as Democrats and their media argued that Bidenomics was really working grrrrreat and silly Americans were just too dim to realize how wonderful things were) happened to be inflated for innocent reasons.
Yet how and why should anyone trust these people at this point? They pretended that Joe Biden was healthy, hardy, and whip-smart, and that all of the videos suggesting otherwise were “cheap fakes.” They are telling us that Kamala Harris is the exact opposite of what she is and has openly been for decades, and nooooo, she had nothing to do with the mess at the border, whatever gave anyone the idea that she was the “czar”? Besides, the border is secure! Kamal said so!
A DEI VP? Who made up that slur, other than the fact that the President described her that way himself, and said he was proud of the fact. And how dare anyone criticize that patriotic warrior, Tim Walz, as if repeatedly misstating the nature of his military service should matter? Inflation? What inflation? Why, this whiz-bang administration is lowering prices!
The deception is routine, perpetual and goes all the way down. Michelle Obama yesterday had the brass to criticize people who “take more than they need,” as she stood before the convention with an estimated worth of 70 million dollars. But why not? After all, Americans will believe anything if Democrats repeat it enough. At least that’s what this party is counting on.
I’m sure the inflated job numbers were a just coincidence. I am. No really. There’s no conspiracy. Couldn’t be. Right?
Ethics Alarms 
Fragrantly abused? Well then again, the Biden administration is known for its connections to China, maybe their liaison is Yu Stin Ke Pu. Actually it fits, what they have done does stink.
Oh, it stinks more than that. The numbers were supposed to be released at 10 AM. They weren’t. Three major investment banks called and were given the numbers before anyone else had them. Everyone else who called was told that someone would get back to them in 24-48 hours. Those 3 banks traded on that information for over 30 minutes before the report was finally released for everyone else.
Fragrantly abused?
Like “I fart in your general direction”?
-Jut
That would be flatulently abused.
Fixed. I wish it had been intentional….
Numbers, numbers, numbers, they are so ethereal. I have aclimated myself to wait a week after some governtment number is proclaimed, for surely as the sun rises in the east and sets in the west, there will be an adjsutment. Just as surely that adjustment will represent a negative trend.
When I was in training for my anesthesia career my mentor came in on a case. He was looking at my record of care and noted that I had transcribed 3 vital signs at the prescribed 5 inute intervals, each lower than the other. He asked me what was I doing with this information. I responded I was observing for a trend. He said, “All trends are downward, intervene now, before you hit zero!” A life lesson applicable in many ways.
Back to my original thought, numbers, esecially politically relative numbers are mere smokescreens. They tell me employment is up but I drive by smallbusiness with the ubiquitous “We are hiring signs on their properties!”
I’m told there are job fairs be conducted for lucrative jobs. People go submit thier resumes and are enver contacted again.
Food costs are decreasing but a pork stuffed baked potato from the local barbeque joint just cost me $17.
The radio station gleefully reports that fuel prices are down 1 penny fromlast week, disregard the fact that they are up $1.85 from 2019. My twelve gallon tank cost me over $30. and that drink I got from the fountain that used to be$1.20 is now $2.79
When I was studing math we covered the topic of imaginary numbers- didn’t get it then but certainly understand it now.
You forgot that the net job for American citizens and legal aliens was -1.3 million for the year. All the net gains in employment were jobs for illegal immigrants.
Absolutely correct. Another issue is many of these created jobs are taxpayer funded jobs. Expanding Medicaid or an equivalent to accommodate paroled migrants requires more nurses and lower level personnel to handle their needs. Somewhere up to 80,000 people were employed in jobs created by the inflation reduction act at the IRS.
I am reminded constantly that we must consider sustainability with respect to resources so how is it that the concept of sustainability never applies to taxpayer funded positions or services?
(sarcasm) Oh, we can’t use these numbers. The current Commerce Secretary says we can’t trust this and she is not familiar with this and blamed it on misinformation from Trump.
Cue Dean Vernon Wormer: “Incompetent AND malicious is no way to go through life.”
Like all of Biden’s appointees they collect a salary but have no understanding of their role at the top
It’s always (not) funny to listen to wealthy classical Marxists (like the Obamas), who are experts in spending other people’s money, lecture me about what I need.
I’m also somewhat bemused by the pronunciation of the candidate’s name. When she was vice president, I distinctly being told that her name was kaMAla, and any oddness in the pronunciation is perceived was simply due to my racism. Now it’s clear her name was always KAmala, and it’s racist of me to try and make it sound more foreign.
I like it better the first way – fits into the song “Kamala chameleon” better.
Bill Clinton pronounced it the racist way last night, but that’s OK because he was the first black president. Or something.
James Arthur Harris (May 28, 1950 – August 9, 2020), the Ugandan Giant, pronounced KaMALa (well he didn’t pronounce it, in character he was…uncomminicative.