U.S. Job Growth Numbers Are a Complete Lie

U.S. Job Growth Numbers Are a Complete Lie

Every year, reports from major news networks tell how stellar the job market is doing and how x amount of employment has been created or how unemployment is at an all-time low.

Yet you, the American citizen don’t feel like things are getting better.

You see more homeless on the streets.

You see increasing costs for food, utilities, rent, and mortgages. In fact, recently, major lenders have introduced 50-year terms as if 40 wasn’t already dystopian enough.

You see less legitimate employment offers, and even less that can actually pay the bills.

That’s not even to mention all of the ghost job offers and fake job postings used by companies to trick shareholders in to believing that they are growing or to intimidate current employees who are being forced to take on more responsibility and stress for the same pay.

Despite all of what you see with your very own eyes, the media and many in power believe that they can convince you that it’s all just your imagination.

This may work for some folks, but let’s be real, it isn’t working for most. They can gaslight the American people all they want but this isn’t the 1920’s when the only source of information was your local newspaper or radio broadcast which were easily controlled.

The truth is that the economy has been on a downturn since the Reagan administration. It worsened significantly with the 2008 financial crisis and the Covid “pandemic” was one of the final nails in the coffin.

The economy declined under Biden and it’s getting even worse under Trump.

There are more Americans struggling financially than there have been in nearly a hundred years. You may have the newest iPhone, but your living standards are deteriorating and wages incapable of keeping up with the costs of those declining living standards.

The Real Numbers

The irony of lying, is that the less we do it, the more effective it is. Conversely, the more we do it the less effective it becomes. The dynamics are obvious.

Someone who rarely/never lies enjoys high credibility as a consequence of their penchant for honesty. Thus when such people lie the lie achieves maximum success — i.e. it deceives people to the greatest degree.

Monthly layoffs hover around 1.7 million, totaling 13.8 million this year so far, meanwhile, multiple news outlets and one of the propaganda arms of the nation, the Bureau of Labor Statistics brag about a September job growth of a meager 119,000.

The average 30-year mortgage interest rate is nearly 7%, average auto loan interest rate at between 6.78% and 9.39%, and average credit card interest rate at 20-25%.

Real unemployment has skyrocketed to 24.7%. Ignore the BLS lies which excludes part-time employees, those making an unlivable wage, unemployment applicants who were denied or whose benefits expired, or who have not applied for unemployment benefits.. you know… the vast majority of people who are jobless.

Interest payments on the staggering levels of personal, corporate, and government debt are a gigantic millstone around the neck of the U.S. economy. The pathetic weakness of this economy which has resulted from being bled-dry with interest payments is unmistakable.

Even with the Federal Reserve permanently spiking interest rates, it has been totally unable to breathe any life into this corpse.

Yet here we have the statistical clowns at the BLS claiming that despite the high level of layoffs, and despite the crippling levels of debt that the U.S. economy is still generating net employment gains every month. Understand the arithmetic here. In order for the U.S. to produce net jobs-gains today (while weekly layoffs are consistently averaging over 450,000/week), it would have to be producing more new jobs on a gross basis than at any other time in history.

Obviously to produce positive jobs growth (month after month) the U.S. economy needs to generate more than 1.7 million new jobs that month (and every other month) — something it has never been able to do with layoffs at such high levels.

Labor Statistics Chief Fired for Telling the Truth

Last year, the Biden administration was exposed for its lies regarding job growth with 818,000 fewer jobs being created than what was reported by BLS. Even with the fabricated numbers, they still couldn’t keep up with pink slips being handed out to American workers.

This time around, the Trump administration decided to fire the commissioner of labor statistics to keep her from squealing on abysmal job growth numbers after the July report showed a pathetic 73k.

Trump went on to rant on social media as usual, crying that “Today’s Jobs Numbers were RIGGED in order to make the Republicans, and ME, look bad”.

It would appear as if the entirety of our government is a never-ending circus and a true nightmare for the 50% of Americans living paycheck to paycheck, making less than $43k a year.

Our government, MSNBC, CNN, Fox News, paid social media shills or “influencers”, and the other propaganda outlets have failed at convincing the country that everything is okay despite incredible efforts to do so.

They certainly can’t pay me off to tell the American people everything is okay either.

Chase Dizzie
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