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About that jobs report. It was misleading, didn't tell the
Posted on: November 4, 2022 at 12:54:45 CT
BH O'bonga MU
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full story. The Xiden* regime is pulling a fast one, they're lying again.
"Recall that back in August and September, we showed that a stark divergence had opened between the Household and Establishment surveys that comprise the monthly jobs report, and since March the former has been stagnant while the latter has been rising every single month. In addition to that, full-time jobs were plunging while part-time jobs were soaring.
Fast forward to today when the inconsistencies not only continue to grow, but in some cases have becoming downright grotesque."
. . .
"... the BLS has a single, political agenda - not to spoil the political climate less than a week ahead of the payrolls by painting a "suboptimal" labor market picture.
Alas, there is only so much the Department of Labor can hide under the rug because when looking at the abovementioned gap between the Household and Establishment surveys which we have been pounding the table on since the summer, it just blew out by a whopping 589K, the most since June's 608K, as a result of the 261K increase in the number of nonfarm payrolls (tracked by the Household survey) offset by a perplexing plunge in the number of people actually employed which tumbled by 328K"
Something Has Snapped: Unexplained 2.3 Million Jobs Gap Emerges In Broken Payrolls Report
https://www.zerohedge.com/markets/something-has-snapped-unexplained-23-million-jobs-gap-emerges-broken-payrolls-report
"Recall that back in August and September, we showed that a stark divergence had opened between the Household and Establishment surveys that comprise the monthly jobs report, and since March the former has been stagnant while the latter has been rising every single month. In addition to that, full-time jobs were plunging while part-time jobs were soaring.
Fast forward to today when the inconsistencies not only continue to grow, but in some cases have becoming downright grotesque."
. . .
"... the BLS has a single, political agenda - not to spoil the political climate less than a week ahead of the payrolls by painting a "suboptimal" labor market picture.
Alas, there is only so much the Department of Labor can hide under the rug because when looking at the abovementioned gap between the Household and Establishment surveys which we have been pounding the table on since the summer, it just blew out by a whopping 589K, the most since June's 608K, as a result of the 261K increase in the number of nonfarm payrolls (tracked by the Household survey) offset by a perplexing plunge in the number of people actually employed which tumbled by 328K"
Something Has Snapped: Unexplained 2.3 Million Jobs Gap Emerges In Broken Payrolls Report
https://www.zerohedge.com/markets/something-has-snapped-unexplained-23-million-jobs-gap-emerges-broken-payrolls-report
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About that jobs report. It was misleading, didn't tell the - BH O'bonga MU - 11/4 12:54:45
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