March Report: The Recession In Full-Time Jobs Is Here
According to a new report from the federal government’s Bureau of Labor Statistics this week, the US economy added 303,000 jobs for the month of March while the unemployment rate fell slightly to 3.8%. In what has become a familiar pantomime, reporters from the legacy media were sure to declare this a ‘blowout jobs report’ while Richmond Fed president Tom Barkin described the report as ‘quite strong.’
This report showed, however, that the jobs economy continues to follow a pattern that began in December of last year: namely, full-time jobs are disappearing and the ‘job growth’ reported so enthusiastically by the media is virtually all part-time jobs. Moreover, nearly a quarter of new payroll jobs are government jobs. If we look more closely at this report, what we really find is that the total number of employed persons has fallen by nearly 400,000 jobs in four months and that 1.8 million full-time jobs have disappeared over the same period.
!In the numbers, bureaucrats claimed that gasoline prices only went up 1.7% last month, which would be only five cents per gallon.)
Absolutely a lie.
Regular gas ⛽⛽⛽ is up 60 cents a gallon here in the Midwest in the last month
At least in my area
The democratic party government(s) are to America, what the CCP is to China, and what Putin’s leadership is to Russia, and what the mullahs re to Iran, and what Hamas is to Gaza.
Different countries, different leaderships, but all the same kind of lying bastards.
Believe the opposite.
fwiw if anyone cares-
the states put out their own unemployment numbers and they are significantly more reliable than the fed.
PS inflation by definition never goes down.
The federal government uses bits and pieces of data to make them either look good or not as bad as things really are.
When you argue those points aren’t reality they’ll say the points they chose are correct.. most likely manipulated.
Anyone believing anything coming out of the government is a fool.
Food and fuel are not included in the bogus inflation numbers. They’re too “volatile”.
L
At home or abroad, the US government ha NO credibility
They are trying to cover it up like it was a political problem