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BIDEN EMPLOYMENT RESULTS GREATLY EXAGGERATED
BIDEN EMPLOYMENT RESULTS GREATLY EXAGGERATED
By righteous
8 Jan 2024 6:22 pm in No Holds Barred Political Forum
2 posts • Page 1 of 1
8 Jan 2024 6:22 pm
More than 40% of payroll growth in 2023 didn’t even come from the survey but from the fairy-tale ‘Birth-Death’ model.
In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs.
In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.
Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.
US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total (msn.com)
In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs.
In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.
Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.
US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total (msn.com)
8 Jan 2024 6:57 pm
2 posts • Page 1 of 1
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