As Joe Biden continues to brag (or, more exactly, reads brag lines written for him by his puppeteers) about the new jobs he created…
…I thought you might be interested to see this, from the latest article by Anthony B. Sanders at confoundedinterest.com:
The Bureau of Labor Statistics (BLS) reported that in August the number of full-time jobs dropped again, sliding by 85K to 134.2 million, and followed the whopping 585K plunge in July which brings the two-month total drop in full-time jobs to a whopping 670K, the biggest 2-month plunge since the covid lockdowns in early 2020 when 12.5 million full-time jobs were lost in one month!
But if full-time jobs crashed how did the BLS get an increase of 222,000 employed workers? Simple: it was all in the latest jump of part-time workers. Indeed, in August the number of reported part-timers jumped by 32K and when added to the near-record 972K surge in July, the 2-month total was just over one million – 1,004,000 to be precise – to 27.185 million.
Do not expect see/hear/read any of this in most mainstream media.
Wrong political party.
What else is new?
