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Are Biden's Job Stats FAKE?
In this video, we're going to expose the hidden truths behind the economic statistics that you're bombarded with. We'll unveil the shocking reality of the job market, wage growth, and how it all ties into the grand illusion of a thriving economy.
🔥 Make sure to LIKE, SHARE, and SUBSCRIBE for more eye-opening content like this! 🔥
In recent years, we've seen a pattern of deception unfold before our very eyes. Every time job numbers are released, every time economic figures come out, it's as if clockwork kicks in. The Biden administration feeds us one set of numbers, only to later reveal a more pessimistic truth. It's a cycle that erodes trust and leaves us questioning the validity of these statistics.
But we're not in China, where the government can manipulate numbers at will. We expect transparency and honesty from our leaders. Yet, what we often get is far from the reality on the ground.
🚨 Here's where you can help us out: Let us know in the comments if you've seen any real job growth in your area. Have you noticed open positions everywhere? 🚨
The truth is, that many people are giving up on the job search. The economy isn't offering them the security they need, and wages aren't keeping pace with the rising cost of living. People are bailing out, choosing to live with their parents rather than struggle in a system that's letting them down.
But the government continues to paint a rosy picture, claiming that this is the "greatest economy of all time." In reality, job growth has been slowing down, and unemployment is on the rise. The labor market is finally showing signs of weakness due to higher interest rates, stubborn inflation, and other economic uncertainties.
The Federal Reserve, which has been raising rates, is now facing the consequences of its decisions. Higher rates can have a lingering effect, eventually causing unemployment to rise. We're witnessing this effect unfold before us.
Let's break it down further: When inflation hits, prices rise. If businesses can't sell their products at these higher prices, they're forced to cut costs, and that often means laying off employees. The consequences trickle down, and it's the everyday workers who suffer.
In the recent job report, we were told that employers added 150,000 jobs in October. But this fell short of the 180,000 jobs that were forecasted. And there's more to the story: August and September saw a steep downward revision, with 101,000 jobs disappearing from the statistics. It's almost as if they're trying to balance the scales by revising numbers down to match any positive growth.
🧐 Does this revision smell fishy to you? Let us know in the comments! We're curious about your take on this. 🧐
The only job sector that seems to be growing is gig work. It's clear that something is amiss when gig jobs are the only ones on the rise. The Federal Reserve is closely monitoring these job reports after over a year of interest rate hikes, and this is another sign of labor market cooling.
But here's the kicker – the average hourly earnings increased by a mere 0.2%. That's a paltry $0.20 extra on a $100 paycheck. It's a laughable increase that hardly covers the cost of extra cheese on a burger.
The overall weakening employment demand and wage growth support the view that the Fed may have to halt its rate-raising cycle. After all, the numbers show that revisions are erasing any job growth almost as fast as it's reported.
We've even got trading data from ADP, the payroll processor, showing a sell signal. It's clear that government statistics are being adjusted down more often than we're truly growing jobs.
If you want to stay ahead of the curve with these trading signals and be among the first to receive data like this daily, head over to our website.
In conclusion, it's time to question the narrative we're being fed. The reality of Bidenomics is far from the rosy picture being painted. Let's have an open and honest conversation about what's really happening in our economy.
Don't forget to LIKE, SHARE, and SUBSCRIBE for more thought-provoking content. Join the discussion in the comments and share your perspective on the current state of job numbers and the economy.
Stay informed, stay skeptical, and keep seeking the truth. Thanks for watching, and we'll see you in the next video! #Bidenomics #EconomicTruth #JobNumbers #EconomicDeception
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