The new jobs report is out. As usual it is all bullshit and the economic propagandists are claiming that the report shows we have full employment and that everything is going really well.
"This is what full employment looks like," RSM chief economist @joebrusuelas says on the November jobs report, adding: It's "very positive economic news." pic.twitter.com/RwbKj9UGjg
— Yahoo Finance (@YahooFinance) December 8, 2023
They always revise these numbers later. The only purpose of these reports is to scam people into thinking the economy is doing better than it is.
They say unemployment is under 4 percent even though I see people getting fired from their jobs all over the place. These are all fake numbers.
Take in point the recent layoffs by Spotify.
Spotify announces CFO Paul Vogel to step down just days after mass layoffs https://t.co/xDPXrleCWs by @allie_canal
— Yahoo Finance (@YahooFinance) December 8, 2023
Inflation also continues to be out of control. It now costs $3 for a small Gatorade in my local grocery stores. The economy is broken and they will tell you that you are insane for recognizing how broken it is.
