Labor Department Admits Hundreds of Thousands of Biden Jobs Were Fake

[Captain Caveman]

I have posted about this previously because several people/organizations noted the numbers were phony.

Now, we have the Labor Department confirming that they were correct.

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The Biden administration claimed to have added almost 400,000 jobs from July through September of last year, but new data released this week suggest none of those jobs ever existed. Despite constantly gaslighting by the mainstream media, Americans knew the economy was in poor shape and these latest numbers prove it.​

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Month after month, the government bean-counters under former-president Biden published overly optimistic estimates for everything from job growth to the size of the economy, only to have those numbers routinely—and quietly—revised down later.​

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Every month, the Bureau of Labor Statistics (BLS) produces estimates for the number of nonfarm payrolls in the country, as well as revisions for the last two months’ estimates. Under Biden, these revisions were abnormal in magnitude and direction, being revised down with unusual frequency.​

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While these monthly job reports are compiled from a survey of over 600,000 businesses, of which fewer than 200,000 are surveyed each month. But the BLS also publishes much more comprehensive quarterly data called Business Employment Dynamics (BED) that come from a census of over 12 million businesses—that’s over 17 times the sample size of the monthly job reports’ survey.​

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This more accurate dataset was just released by the BLS for the third quarter of last year, which ran from the start of July through the end of September. In stark contrast to the monthly job reports showing an increase of 399,000 jobs during the third quarter, these new numbers show a decline of 1,000 private-sector jobs.​

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To be clear, the monthly job reports and the BED data do not measure exactly the same thing, and the BLS also publishes another dataset called the quarterly census of employment and wages. Each of these reports excludes certain categories of jobs or industries like railroads, government, self-employment, agriculture, etc.​

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...​

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And the downward revisions to Biden-era jobs data are set to continue. From March through June of last year, the economy supposedly added 398,000 nonfarm payrolls, according to the monthly job reports, yet the BED data show a net loss of 163,000 private-sector jobs for that period.​

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Instead of adding almost 800,000 jobs during the middle of last year, the economy likely shed more than 160,000 of them. The next annual benchmark will probably be a (retroactive) reduction of jobs under Biden that exceeds this year’s large downward revision.​

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Labor Department Admits Hundreds of Thousands of Biden Jobs Were Fake

The Biden administration claimed to have added almost 400,000 jobs from July through September of la

townhall.com

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As people struggled with the cost of living, and debt levels soaring, it was always obvious the claim to a fantastic Biden economy was phoney. Fake job numbers therefore comes as no surprise.

 

[Concerned American]

They're revised down under Biden and that's a big conspiracy.

Every job report of 2024 was revised down from the admin numbers. In an election year! Are you naive or ----

 

[Marener]

Every job report of 2024 was revised down from the admin numbers. In an election year! Are you naive or ----

Did you check or are you just saying shit?

 

[Concerned American]

Did you check or are you just saying shit?

I paid attention to every one over the past year and the downward revisions were like clockwork as was the msm non-reporting of those revisions.

 

[Marener]

I paid attention to every one over the past year and the downward revisions were like clockwork as was the msm non-reporting of those revisions.

Did you see this one:

Employment Situation News Release - 2024 M11 Results

www.bls.gov

The change in total nonfarm payroll employment for September was revised up by 32,000, from
+223,000 to +255,000, and the change for October was revised up by 24,000, from +12,000 to
+36,000. With these revisions, employment in September and October combined is 56,000 higher
than previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

RIGHT before the election, no less.

 

[scruffy]

We just weren't seeing all those jobs materializing out here in the real world
.

Yep. Biden fudged ALL the numbers. I was laughing at our resident leftards every time they talked about 3% inflation. And the non-existent jobs. Leftards were gaslighting America the whole time, and it was beyond obvious.

 

[SassyIrishLass]

And the left wonders why Trump won

 

[Marener]

And the left wonders why Trump won

Because you’re all completely delusional.

 

[Marener]

I paid attention to every one over the past year and the downward revisions were like clockwork as was the msm non-reporting of those revisions.

Did you see this one:

Employment Situation News Release - 2024 M11 Results

www.bls.gov

The change in total nonfarm payroll employment for September was revised up by 32,000, from
+223,000 to +255,000, and the change for October was revised up by 24,000, from +12,000 to
+36,000. With these revisions, employment in September and October combined is 56,000 higher
than previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

RIGHT before the election, no less.

No response?

 

[SassyIrishLass]

Because you’re all completely delusional.

That's so profound.

 

[Marener]

That's so profound.

There’s no convincing you people. You’re completely ensconced in your impenetrable information bubble.

 

[SassyIrishLass]

There’s no convincing you people. You’re completely ensconced in your impenetrable information bubble.

I think you're an imbelic clod.

How's that?

 

[Concerned American]

There’s no convincing you people. You’re completely ensconced in your impenetrable information bubble.

312-226

 

[initforme]

Any "job" that pays under $25 per hour for full time should never be considered a " job".

 

[Concerned American]

Any "job" that pays under $25 per hour for full time should never be considered a " job".

I guess you should send those folks who are providing your assisted living home then, eh?

 

[initforme]

I guess you should send those folks who are providing your assisted living home then, eh?

Those workers are severely underpaid by the crooks that own them. But this is america so therefore the dollar is more important than lives. That is indisputable.

 

[Concerned American]

Those workers are severely underpaid by the crooks that own them.

And since you are the customer, that makes you the crook. Glass houses.

 

[Marener]

312-226

Still waiting for your response to this.

I paid attention to every one over the past year and the downward revisions were like clockwork as was the msm non-reporting of those revisions.

Did you see this one:

Employment Situation News Release - 2024 M11 Results

www.bls.gov

The change in total nonfarm payroll employment for September was revised up by 32,000, from
+223,000 to +255,000, and the change for October was revised up by 24,000, from +12,000 to
+36,000. With these revisions, employment in September and October combined is 56,000 higher
than previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

RIGHT before the election, no less.

You’re delusional, so you don’t really have a response.

 

[Concerned American]

Still waiting for your response to this.





You’re delusional, so you don’t really have a response.

It has been responded to. You have just chosen to ignore it. Downward revisions were made to every job report--posting the job report does nothing to change that fact.

 

[Marener]

It has been responded to. You have just chosen to ignore it. Downward revisions were made to every job report--posting the job report does nothing to change that fact.

I posted a job report where there were upward revisions. Which means it’s not a fact.

This is how we know you’re delusional. A fixed false belief. Showing you proof that your belief is false does nothing to change your belief.