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Offline mystery-ak

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‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« on: February 07, 2024, 03:02:06 pm »

Will Kessler
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February 06, 2024 3:27 PM ET
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The federal government in 2023 overestimated the number of jobs in the U.S. economy by an average of 105,000 per month in initial reports, equating to a cumulative monthly difference of 1.3 million, according to data from the Bureau of Labor Statistics (BLS).

The cumulative number of jobs reported each month was 1,255,000 less than previously thought, with new seasonal and census data affecting total employment estimates, according to data from the BLS calculated by the Daily Caller News Foundation. The huge downward revisions are in spite of a 115,000 upward revision in December, the only month that saw an upward revision to the employment level in 2023.

The biggest revision was for March, which was revised down by a total of 266,000 jobs, followed by January at 234,000 and April at 205,000, according to the BLS. The lowest downward revision was in November, with only 2,000, followed by 11,000 in October.

“Revisions are a normal part of the reporting process, but large changes, or adjustments that consistently move in the same direction, are not normal,” E.J. Antoni, a research fellow at the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the Daily Caller News Foundation. “Instead, they’re indicative of something problematic with the BLS’ methodology. That can happen when market conditions change drastically enough to be outside of the assumptions used in their models.”

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https://dailycaller.com/2024/02/06/one-million-jobs-reported-2023-didnt-exist/
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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #1 on: February 07, 2024, 03:07:36 pm »
Figures don't lie but liars sure can figure!
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Online DB

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #2 on: February 07, 2024, 03:12:30 pm »
There isn't any aspect of the federal government that isn't corrupt these days. They know what they initially report will make the news across the country and that the revisions will be buried by their pals in media. And no one is held accountable, so why not...
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Online Timber Rattler

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #3 on: February 07, 2024, 03:14:42 pm »
I don't believe any data or statistics released by the government anymore.  They're all lies and more lies.
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Online Bigun

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #4 on: February 07, 2024, 03:17:37 pm »
Quote from: DB on February 07, 2024, 03:12:30 pm
There isn't any aspect of the federal government that isn't corrupt these days. They know what they initially report will make the news across the country and that the revisions will be buried by their pals in media. And no one is held accountable, so why not...

 :yowsa: Exactly!
« Last Edit: February 07, 2024, 03:24:47 pm by Bigun »
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Offline DefiantMassRINO

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #5 on: February 07, 2024, 04:01:49 pm »
What do IRS W-2 and 1099 filings have to say?  Employed persons, working above the table, should have at least one of those for any given year.
« Last Edit: February 07, 2024, 11:16:17 pm by DefiantMassRINO »
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Offline Fishrrman

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #6 on: February 07, 2024, 10:48:32 pm »
"Potemkin jobs"...
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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #7 on: February 08, 2024, 01:31:07 am »
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"I wish it need not have happened in my time," said Frodo.

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Offline LMAO

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #8 on: February 08, 2024, 01:37:05 am »
Quote from: DB on February 07, 2024, 03:12:30 pm
There isn't any aspect of the federal government that isn't corrupt these days.

This is what happens when government grows
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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #9 on: February 08, 2024, 02:01:54 am »
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Offline catfish1957

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #10 on: February 09, 2024, 06:33:24 pm »
Falsification of records will get you instant termination in almost all companies in corporate America

In the Fedzilla world you get promoted. 
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Offline LMAO

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #11 on: February 09, 2024, 10:07:38 pm »
Glowing government economic reports have not  lined up with how people personally feel  about the direction of the country since the second half of George W. Bush’s term
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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #12 on: February 09, 2024, 10:51:55 pm »
I mean hey it worked with making up fake voters, why not fake employees?
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Offline berdie

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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #13 on: February 09, 2024, 11:21:05 pm »
Quote from: Free Vulcan on February 09, 2024, 10:51:55 pm
I mean hey it worked with making up fake voters, why not fake employees?


That's an excellent point. :laugh:
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Re: ‘Not Normal’: Over One Million Jobs Reported In 2023 Didn’t Actually Exist
« Reply #14 on: February 13, 2024, 10:56:56 pm »
All employment growth has gone to the foreign-born. 183,000 fewer U.S.-born Americans are working than in 2019, before Covid. Yet, the number of immigrants (legal and illegal) working is up 2.9 million over 2019.

https://twitter.com/CIS_org/status/1757499410953429054
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