Every month, the Biden regime’s job report is revised DOWN by 20-50%. It bears noting that it’s the government sector that continues to dominate the new jobs reports.
Rich Baris posts: “Another MASSIVE downward revision to the prior monthly jobs report. These people are lying to us, and covering their tracks a month later. We’ve now had downward revisions for 10/12 to 11/12 on the 12-month for nearly two years.”
Government statistics, once a tool to measure the health of our economy, are cooked and created – weaponized as a campaign tool.
Over the last 3 months the US economy has shed 1.87million full time jobs. That's the largest decline since the GFC, outside the covid lockdowns. pic.twitter.com/9h8JfSHtUP
— steph pomboy (@spomboy) March 8, 2024
Holy. Shit.
I thought this was a typo…
In just February, 1.2 million immigrants (legal and illegal) gained a job. Meanwhile, 500k native-born Americans LOST their job.
Since Covid, native-born workers have actually LOST 2 million jobs. All of the net job gains are immigrants. pic.twitter.com/Rkg9viZsv9
— Geiger Capital (@Geiger_Capital) March 8, 2024
Payrolls rose 275K… but number of people actually employed dropped by 184K as more Americans are forced to take on multiple jobs.
The number of workers employed (160.968 million) dropped to the lowest level since May 2023 pic.twitter.com/VII0axMUxZ
— zerohedge (@zerohedge) March 8, 2024
When every month's job report for the last year+ had to be revised DOWN by 20-50%, do we even bother to read it anymore? 100% of jobs "added" were part-time and we're still missing millions of full-time jobs from pre-COVID era. https://t.co/YvOGlphpb4
— Tennessee Bourbon (@TennesseeBourbn) March 8, 2024
11 out of the last 13 jobs reports have been revised down from the original headline-generating numbers.
The regime is cooking the books. pic.twitter.com/et1hbGRTkT
— End Wokeness (@EndWokeness) March 8, 2024
The reality of the jobs report…employed people forced to take multiple part time jobs as inflation rises. Full time jobs fall. Headline number is misleading. https://t.co/J6OxstStGW
— Michael Palmer (@MPalmerwx) March 8, 2024
Ever notice that job reports are typically “beating expectations” and then buried down somewhere in the report you find out they also “sharply revise downward” the previous month’s report?
Almost like it’s an election year or something. pic.twitter.com/XKuVy9sK1k
— Charlie Kirk (@charliekirk11) March 8, 2024
JUST IN: The January jobs report number was just revised LOWER from showing 353,000 jobs added to 229,000.
This means 129,000 LESS jobs were added in January than initially reported.
It also means 10 of the last 12 months have seen downward revisions in their jobs number.
The…
— The Kobeissi Letter (@KobeissiLetter) March 8, 2024
"I'm wondering if this is going to be the case all year."
Maria Bartiromo suggests the Biden administration is fibbing economic numbers after the jobs report beat expectations. pic.twitter.com/wH4PBBO2P2
— Citizen Free Press (@CitizenFreePres) March 8, 2024
The unprecedented divergence between establishment and household surveys got even worse w/ Feb's jobs report, 275k vs. -184k; household survey now shows no net increase in jobs since Apr '23, almost a year ago: pic.twitter.com/wIwhbmJO2x
— E.J. Antoni, Ph.D. (@RealEJAntoni) March 8, 2024
https://twitter.com/kleavittnh/status/1766141929656299679?s=20
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