Tuesday, September 5, 2023

Can Biden's Jobs Number Be Trusted Any More?

President Joe Biden has staked so much on his claim that he's "Created" 13.5 million jobs since taking office that it's worth asking if his Labor Department is now goosing job growth figures to help him out.

Based on its initial estimates, the economy should have created 2.2 million jobs in 2023.

Earlier this year, we noted that Biden's jobs record could be even more exaggerated because of the way the Labor Department fills in gaps in its survey data.

The White House touted the August jobs news, with Biden declaring that "America is now in one of the strongest job-creating periods in our history - in the history of our country."

This month's data also showed an 85,000 drop in the number of full-time jobs in August, on top of a huge decline of 585,000 in July, which means there are now fewer people working full-time jobs than there were in March.

As Hot Air put it: "Less good full-time jobs available just as the couch potatoes come off the sidelines after the long COVID college loan break. I sure hope they've thought ahead enough to occasionally polish whatever skill sets they had besides PlayStation thumbs."

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https://issuesinsights.com/2023/09/05/can-bidens-jobs-number-be-trusted-any-more/ 

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