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avatar_Herman

Bidenomics

Started by Herman, July 28, 2023, 05:17:51 PM

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Herman

The U.S. Bureau of Labor Statistics just reported that the U.S. added 818,000 fewer jobs over the last twelve months than they previously predicted. The -0.5% difference was reported in the preliminary estimate of the annual revision to the BLS employment series.

Herman

The pattern of jobs reports under the Biden administration: The preliminary report shows positive numbers, only for those figures to be revised later, showing that job growth wasn't actually as good as first claimed.