These US jobs reports are fake. They keep putting out reports that give people the perception that the economy is strong only to revise those numbers downward later.
BREAKING: US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength https://t.co/33R0K1GZGA
— The Associated Press (@AP) January 5, 2024
Almost every jobs report for 2023 was revised downward.
"The two-month [jobs report] revision, in a combined form, is -71,000," CNBC reports.
"Traders find these revisions very disheartening." pic.twitter.com/ibnoyBuZ7Q
— RNC Research (@RNCResearch) January 5, 2024
Consistent downward revisions are concerning to say the least.
The question becomes if this month’s jobs report *really* beat expectations.
If it is revised below 175,000 in a month, then it didn’t.
But no one will care then anyways because a new headline will be out.
— The Kobeissi Letter (@KobeissiLetter) January 5, 2024
There is no reason to believe this latest number. It’s all propaganda and bullshit. The people putting out these fake reports should be put in prison for fraud.
