October Jobs Report: Private Sector Loses 28,000 Jobs, Government Gains 40,000 – August, Sept Revised Lower: 112,000 Fewer Jobs

The final Bureau of Labor & Statistics (BLS) jobs report before the election was released today. The results are devastating to the Biden economic narrative, yet reflective of the statistical manipulation within prior data.

Overall, 12,000 jobs were added. However, the private sector lost another 28,000 jobs and government gained 40,000.

Additionally, “the change in total nonfarm payroll employment for August was revised down by 81,000, from +159,000 to +78,000, and the change for September was revised down by 31,000, from +254,000 to +223,000. With these revisions, employment in August and September combined is 112,000 lower than previously reported.”

Nationally the retail sector lost another 6,400 jobs, but state government increased employment. The host is getting smaller, the parasites are enlarging.

I’m actually a little surprised to see the bureau publish openly damaging information to their aligned administration. However, that may also indicate a certain amount of acceptance of the inevitable on behalf of the BLS data control officials. At a certain point everyone has to admit the emperor has no clothes.

Many businesses are in a holding pattern, having survived the last several years.

Many individuals are one last breath away from drowning.

We need Donald Trump!

https://theconservativetreehou...er-jobs/#more-265719

quote:

Originally posted by chellim1:
October Jobs Report: Private Sector Loses 28,000 Jobs, Government Gains 40,000 – August, Sept Revised Lower: 112,000 Fewer Jobs

My data is old, so the current numbers are much higher, I am sure, but 8-10 years ago, the US economy needed to produce 130,000 to 150,000 new jobs each month just to maintain status quo. In other words, adding 100,000 new jobs in a month is a net loss of 30k to 50k jobs, as people enter the work force. 200,000 new jobs a month is decent growth, based on those old figures.

A net gain of 12,000 jobs indicates a very bad economy. Especially since those are government jobs.


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Govt. jobs == interns pre-printing, and filling out Commielaladingdong ballots.

Probably temporary poll workers.

I read a few weeks back that the Biden admin has been adding a new gov't worker every 25 seconds

quote:

Originally posted by architect:
Govt. jobs == interns pre-printing, and filling out Commielaladingdong ballots.

That's probably a good bet.

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Obama did the same thing made up the poor figures with useless govt. hires.

So, this is my angle working in Government for over 3 decades:
Government jobs = Government Unions = More money to Democrat causes.
Sure the jobs pay well, but the money finds its way to some politician. No wonder this administration keeps yelping the phrase “good Union jobs…”

Unions have too much freedom in funding and advocating for candidates.

The NRA and similar member-based organizations are much more restricted.

Trump needs to suspend collective bargaining for federal workers by executive order. JFK's executive order allowed it in the first place, not legislation. On Day 1.

And that’s before it gets quietly revised down in a few weeks like all the previous jobs reports are.

What a surprise! Not!