The October Jobs Report was a disaster and as we know these reports are rigged to make the numbers seem better than they actually are.
OCTOBER JOBS REPORT: The private sector added just 99K jobs in October — far lower than expected. The manufacturing sector lost tens of thousands more jobs than expected. pic.twitter.com/yA9Lx9lRmc
— RNC Research (@RNCResearch) November 3, 2023
Record Number Of Multiple Jobholders: A Closer Looks Inside The Horrific October Jobs Report https://t.co/5y2wbZDS77
— zerohedge (@zerohedge) November 3, 2023
Joe Biden said the numbers were great lol.
Today’s job report shows that Bidenomics is growing the economy from the middle out and bottom up—not the top down.
The economy has created 14 million jobs since I took office and 150,000 jobs in October. pic.twitter.com/Z28Gy2YxDc
— Joe Biden (@JoeBiden) November 3, 2023
He is lying. The numbers are anything but great. People are getting fired from their jobs left and right.
They continue to revise numbers downward.
WTF? 9 Months In a Row of Negative Jobs Report Revisions 📉
Things aren’t good. Meanwhile, the Government is going to great lengths to cover up growing economic warts.
Moments after the October jobs report dropped this morning, @HedgeyeFIG and @KeithMcCullough broke the data… pic.twitter.com/nU1l5T43Af
— Hedgeye (@Hedgeye) November 3, 2023
This economy is fucked.
I have no further analysis on this beyond that.
Watch Jeremiah Babe’s latest economic doom video if you want the details on these shit employment numbers.