Hundreds of Thousands of Jobs Gone and The Press is Silent

The Bureau of Labor statistics just revised the number of jobs recently gained in the US downward by hundreds of thousand of jobs. This is on top of hundreds of thousands of monthly revisions that we've already seen this year. This is yet more proof that the narrative of the "strong labor market" is a lie. They can hide behind rosy headlines and political grand standing, but as always the proof is in the data.

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Chapters:
0:00 Intro
1:14 Current Employment Statistics
4:40 Monthly Revisions
5:58 Full Time vs Part Time
7:56 Multiple Job Holders
10:10 Long Story Short

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#jobs #labormarket #recession