Jobs reports for 2023 overstated by at least 439,000

[Harpy Eagle]

Wait, what's your source? Fox News?

Show me what sources they're actually citing (the original source) then I'll believe it.

Neither of them will be back to this thread, once facts and data come out they run like cockroaches when the light is turned on

 

[Natural Citizen]

That’s right folks, each month for the past 8 months the jobs report was inflated. Then quietly reduced.

This regime is incapable of telling the truth.

No doubt the Dec numbers are false as well.

Initial US employment reports overstated by 439,000 jobs in 2023

Increased government spending and hiring have padded 2023 year-end unemployment numbers by over 400,000, according to the Bureau of Labor Statistics.

www.foxbusiness.com

They inflate the data to serve as temporary headline grabbers.

Then the drones who consume the smut run with it and spread it around for so-called poltical points as if the data is legit when it actually isn't.

I've lost track of how many threads I've seen around here where some drone is posting reports highlighting the inflated data in order to promote his or her party or candidate.

The strategy is actually very similar in nature as when they strategically use chained CPI to measure the effect of inflation on the standard of living. Except in that scenario they choose this model to purposefully understate the effect of inflation on the standard of living.

Bunch of no-good, under-handed, dirty, rotten, filthy, stinking lizards if you ask me....

 

[DGS49]

The old rule of thumb used to be, 200 thousand jobs a month were necessary to keep the economy floating along at its normal pace.

But like a lot of things, the COVID Pandemic turned the old rule on its head. We now have more jobs than people to take them, and millions have opted out of the job market just because they CAN...or won't accept a crappy job even if they are unemployed.

The numbers don't make sense any more by the older standards.

 

[Harpy Eagle]

They inflate the data to serve as temporary headline grabbers.

Then the drones who consume the smut run with it and spread it around for so-called poltical points as if the data is legit when it actually isn't.

I've lost track of how many threads I've seen around here where some drone is posting reports highlighting the inflated data in order to promote his or her party or candidate.

The strategy is actually very similar in nature as when they strategically use chained CPI to measure the effect of inflation on the standard of living. Except in that scenario they choose this model to purposefully understate the effect of inflation on the standard of living.

Bunch of no-good, under-handed, dirty, rotten, filthy, stinking lizards if you ask me....

The numbers are revised just about every month as the report is required to be published before all the data has been collected and processed. There is nothing insidious or dirty about it, it is just the way it is.

 

[leftwinger]

That’s right folks, each month for the past 8 months the jobs report was inflated. Then quietly reduced.

This regime is incapable of telling the truth.

No doubt the Dec numbers are false as well.

Initial US employment reports overstated by 439,000 jobs in 2023

Increased government spending and hiring have padded 2023 year-end unemployment numbers by over 400,000, according to the Bureau of Labor Statistics.

www.foxbusiness.com

Obiden 2 = Obiden 1. We only know about 10% of what goes on at the federal level. //


like saying 1million dead from the flu per day. One year later….uh it was only 6 percent of that. The others had pre-existing conditions that actually ran its course and caused the death. Trumps fault, the gater howls.

 

[Natural Citizen]

The numbers are revised just about every month as the report is required to be published before all the data has been collected and processed. There is nothing insidious or dirty about it, it is just the way it is.

Yes, I know how it works.

What is insideous, however, is the way that perception of the initial data is mediated for the purpose of grabbing headlines and misleading uninformed readers who do not understand how it works. Which are likely most of the electorate.

Surely you've read the threads around here whenever the initial data is released. People take that initial data seriously and use it to promote their party or candidate or whatever, as if it's legit data when it really isn't. Again, it's just drones doing drone shit, but media platforms and government know fully well the utility in sensationalizing what they know fully well is overstated data.

 

[Harpy Eagle]

Yes, I know how it works.

What is insideous, however, is the way that perception of the initial data is mediated for the purpose of grabbing headlines and misleading readers.

But it is not, the statisticians working on the data have no horse in the race and are just doing their job with the data given to them.

The correct answer would be to push back the publication date, but that just would not do.

 

[Natural Citizen]

But it is not, the statisticians working on the data have no horse in the race and are just doing their job with the data given to them.

Yes, I agree.

The problem becomes how the data is invoked by unscrupulous media and the talking heads in government. The reality of the data itself is coupled to perception when it is invoked and, of course, perception of it can be and is consistently mediated by uscrupulous people in order to temporarily support their own ends or political narrative.

It's why the mediators sensationalize the initial overstated data and say nothing whenever the data is revised down by the statisticians later.

My gripe is how perception of the data is mediated by these conniving jerkoffs in media and government in order to purposefully mislead the electorate for the illusion of some temporary political benefit.

The correct answer would be to push back the publication date, but that just would not do.

Yeah maybe. But the significance of employment data is still just a symptom of a much bigger problem.

 

[Harpy Eagle]

Yes, I agree.

The problem becomes how the data is invoked by unscrupulous media and the talking heads in government. The reality of the data itself is coupled to perception when it is invoked and, of course, perception of it can be and is consistently mediated by uscrupulous people in order to temporarily support their own ends or political narrative.

It's why the mediators sensationalize the initial data and say nothing whenever the data is revised by the statisticians later.

Nothing to disagree with here. I misunderstood your point in the previous post.

 

[Natural Citizen]

Nothing to disagree with here. I misunderstood your point in the previous post.

To be fair, I don't really place forth much effort to support my points any more. More often I bail from dialogue if I think it's a waste of my time these days. I'm not trying to change anyone's mind any more.

We're all on our own now. It's each man for himself and his. It's not getting any better, no matter which talking head gets elected or no matter how the reality of things is spun. Best to turn all of that trash off and return to things that are meaningful. Life's too short.

Yes, it's fun to check in once in a while to talk crap on here, but at the end of the day, I don't really care about any of this stuff anyore. Like I said, the reality is that the media and the empty suits are content to just lead people around in a circle by a carrot on a stick until the inevitable occurs. And they're making millions doing it.

 

[Nostra]

yes, Trump's fucked up handling of COVID cost us 22 million jobs, they were all back by June of 2022

Link us up to 22 million jobs by June 2022, liar. Gonna be kinda hard for you since even the lying regime only claims about 14 million.

Golfing Gator

 

[Nostra]

Facts and data are like sunlight and garlic to the hyper-partisan drones on here.

Irony.

 

[Nostra]

Wait, what's your source? Fox News?

Show me what sources they're actually citing (the original source) then I'll believe it.

It’s in the link, Moron. Thanks for showing to expose what a lazy, pathetic loser you are.

 

[Nostra]

You should learn to be a little more skeptical of Rupert Murdoch-owned media.

Just sayin'

Doubling down on the stupid, I see.

 

[Nostra]

Neither of them will be back to this thread, once facts and data come out they run like cockroaches when the light is turned on

Wrong again, Simp.


Where are those 22 million jobs by June 2022?

 

[Nostra]

happens every month for the last 50 plus years.

Still waiting for your link showing job numbers revised down “every month for the last 50 years”, liar.

 

[Clipper]

The president, too, has been accused of taking too much credit for the job numbers. He claimed he created 13 million to 14 million jobs. But economists and market analysts have pointed out those were jobs the U.S. economy clawed back after pandemic shutdowns erased 22 million jobs.

How pissed can you get over the massive job growth under Biden, assbleeder?

Go fasten your lips onto Trump's orange fermenting ass.

 

[Nostra]

How pissed can you get over the massive job growth under Biden, assbleeder?

Go fasten your lips onto Trump's orange fermenting ass.

Seek help soon, Cupcake.

 

[Independent thinker]

That’s right folks, each month for the past 8 months the jobs report was inflated. Then quietly reduced.

This regime is incapable of telling the truth.

No doubt the Dec numbers are false as well.

Initial US employment reports overstated by 439,000 jobs in 2023

Increased government spending and hiring have padded 2023 year-end unemployment numbers by over 400,000, according to the Bureau of Labor Statistics.

www.foxbusiness.com

In a way this is the bedrock of leftist America. They want to grow the economy through growing the size of government and growing the size of the national debt, which is where all of these so called job gains came from, not from the private sector. And, they want to grow the size of government to be socialist where all of the Walmarts and McDonalds and every business is actually part of the government.

 

[multivita-man]

Doubling down on the stupid, I see.

You didn't know that jobs data is regularly revised, and you're calling other people stupid...

Okay.