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Current Events => Economics => Topic started by: Ptarmigan on December 21, 2022, 09:08:14 PM

Title: Philly Fed: U.S. Economy Added Over One Million FEWER Jobs Than Government Stati
Post by: Ptarmigan on December 21, 2022, 09:08:14 PM

Philly Fed: U.S. Economy Added Over One Million FEWER Jobs Than Government Statistics Claim
https://bongino.com/philly-fed-u-s-economy-added-over-one-million-fewer-jobs-than-government-statistics-claim

Quote

The government has apparently been using Common Core math in calculating the employment statistics, the Philadelphia Federal Reserve has revealed.

According to the Philly Fed, the actual employment statistics from March to June of this year in 33 states and the District of Columbia were significantly different from what the Bureau of Labor had estimated.

Their report found that “In the aggregate, 10,500 net new jobs were added during the period rather than the 1,121,500 jobs estimated by the sum of the states; the U.S. Current Employment Statistics estimated net growth of 1,047,000 jobs for the period.

There are less jobs than reported.

Title: Re: Philly Fed: U.S. Economy Added Over One Million FEWER Jobs Than Government Stati
Post by: Eupher on December 22, 2022, 08:49:47 AM

Lying is what SharterJoe and his handlers do best.

Title: Re: Philly Fed: U.S. Economy Added Over One Million FEWER Jobs Than Government Stati
Post by: ADsOutburst on December 25, 2022, 07:40:54 PM

Quote from: Eupher on December 22, 2022, 08:49:47 AM

Lying is what SharterJoe and his handlers do best.

If it sounds too good to be true, it probably is.

And prosperity and job growth under this administration sounds too good to be true.

I really hope people didn't buy into the numbers they were putting out, but there probably were people who did.