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New numbers from the Bureau of Labor and Statistics show 800,000 jobs from last year never existed.
Recently Released Data has revealed that the Biden admin repeatedly overestimated the number of jobs created then quietly revised them down – by the hundreds of thousands
According to the Bureau of Labor Statistics
For the period of March 2023 to March 2024 the BLS shows that a downward revision of 598,000 nonfarm payroll jobs was made . This means job growth was overestimated by nearly 600,000 jobs during this period.
In August 2024 BLS announced it adjusted job growth for the year ending March 2024 downward by 818,000 jobs, meaning more than 800,000 jobs that we were told were created via a strong thriving economy ….. never existed. This was the largest downward revision in 15 years.
For July–September 2023: The Biden administration claimed to have added nearly 400,000 jobs but revised data shows these jobs "never existed."
Instead, more 160,000 jobs were lost during this period, according to BED data.
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