The Truth About The Jobs Report

Robert DuChemin is a writer at substack. He is a Florida attorney who does great research and is very adept at analyzing information. Recently he posted an article that included some good perspective on the recent jobs report.

The article notes:

…Today’s Labor Department press release claims once again to have “created” more than 360,000 new jobs. I read the entire release and nowhere in the release did they mention the total number of people employed in the USA last month.

It is not like they don’t have those numbers. After a little digging, I discovered from the Labor Department’s own files that 160,721,000 Americans were employed last month. In April, 161,031,000 Americans were employed (shockingly, they adjusted this number after last month‘s release). There is no way anybody using regular math can claim that a loss of about 700,000 jobs was an increase of 360,000 jobs. No wonder they left the total numbers out of their press release.

But it is worse than that. Prior to the pandemic, in February 2020, there were 162,800,000 Americans gainfully employed.

So, with all of his claims of “creating” more jobs, in 2 1/2 years and a $5 trillion increase in debt, Joe still has not replaced all of the jobs lost to the Wuhan Flu disaster. He remains 2,000,000 jobs short.

It drives me crazy that nobody in the broadcast or cable news is discussing this outright lie. Does everybody think Americans are too stupid to read a basic spreadsheet?

Also horrible was the government adding more than 50,000 jobs last month while the number of private-sector jobs decreased. As any first year economics student could tell you, private sector jobs expand the free market economy, government jobs contract the free market economy.

Joe is also going to claim the Fiscal Responsibility Act of 2023 as a Democrat victory even though he has yet to read the actual bill passed by Congress. He gets the bill tomorrow. As I have previously explained, the fact that they won anything was a huge GOP victory because China Joe promised several times that he would “not negotiate,” “not budge one inch,” not give in to people who want to make America great again. The GOP, only 4 people shy of having zero control of any part of our government, was able to negotiate substantial reductions and recover previously allocated money for the first time in US history. There is no way this was a Democrat victory.

Joe’s plans to destroy this country are on life-support, and the GOP can easily pull the plug during this year’s appropriations.

A good statistician can make numbers say anything he wants them to say. It seems as if the only people in the Biden administration who are actually good at their jobs are the ones that know how to lie with statistics.