March - June 2022 saw 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states

[excalibur]

Holy cow, the Philadelphia Fed may have inadvertently shown a massive fraud by Biden and his corrupt administration.

Payroll jobs in the nation remained essentially flat from March through June 2022 after adjusting for QCEW data:

...​

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www.philadelphiafed.org

 

[1srelluc]

Well the mid-terms are over so it's OK to tell the truth now.

 

[shockedcanadian]

So close...

 

[White 6]

December shows 3.7 %. It got down to 3.5% before skyrocketing during Covid, but it took the better part of 9 years to get it back down there after the economic crash that start in 2008 to 2009. We have a lot of problem, but I cannot work up much angst over the current unemployment rate.

 

[excalibur]

December shows 3.7 %. It got down to 3.5% before skyrocketing during Covid, but it took the better part of 9 years to get it back down there after the economic crash that start in 2008 to 2009. We have a lot of problem, but I cannot work up much angst over the current unemployment rate.
View attachment 740239View attachment 740240

Has nothing to do with the OP.

 

[White 6]

Has nothing to do with the OP.

In bold you had "Payroll jobs in the nation remained essentially flat from March through June 2022 in your OP thread post. So it seemed to fit. I certainly wasn't wanting to derail such a fine attention grabbing thread, that has attracted 5 whole responses since it's creation on 12/19/2022.

 

[excalibur]

In bold you had "Payroll jobs in the nation remained essentially flat from March through June 2022 in your OP thread post. So it seemed to fit. I certainly wasn't wanting to derail such a fine attention grabbing thread, that has attracted 5 whole responses since it's creation on 12/19/2022.

You are conflating jobs created with the unemployment number.

 

[excalibur]

Sorry About Those Jobs

Joe Biden's Bureau of Labor Statistics reported that over a million jobs were created in the second quarter, a heartening statistic that no doubt helped the Democrats in November. But now, the Philadelphia Federal Reserve says that those million jobs were almost entirely fictitious: The Biden...

www.powerlineblog.com

 

[White 6]

You are conflating jobs created with the unemployment number.

When you get down to numbers for unemployment of 3.5 to 3.7% and everybody I know that wants a job, has a job, I don't get too excited over "job creation" number.