818,000 'Created' Jobs Don't Exist, Bureau of Labor Statistics Reveals
- August 22, 2024 06:04pm
- 374
A new economic report has revealed that the U.S. gained 818,000 jobs less than was initially thought, prompting criticism of President Biden's policies and the Biden/Harris administration.
The Bureau of Labor Statistics (BLS) recently released a revised economic report indicating that the U.S. gained 818,000 fewer jobs than previously reported. This revelation has sent shockwaves through the nation and has drawn widespread criticism of President Biden's policies and the Biden/Harris administration.
The revised report, which provides a more accurate reading of job creation in the country this year, uncovered that over 800,000 jobs reported as created in March never actually existed. This marks the largest downward revision since 2009 and suggests that the labor market began losing steam earlier than initially thought.
818,000 'Created' Jobs Don't Exist, Bureau of Labor Statistics Reveals
Social media users have expressed outrage over the false job numbers, with many targeting the Biden/Harris administration for promoting policies that have weakened the economy and then attempting to deceive the public with inflated figures.
Conservative journalist Nick Sortor wrote on social media, "818,000 jobs that the Biden Harris White House claimed they 'created' DO NOT EXIST."
818,000 'Created' Jobs Don't Exist, Bureau of Labor Statistics Reveals
Former President Donald Trump accused the Biden/Harris administration of a cover-up, writing on Truth Social, "MASSIVE SCANDAL! The Harris-Biden Administration has been caught fraudulently manipulating Job Statistics to hide the true extent of the Economic Ruin they have inflicted upon America."
Other notable figures, including Vice President Kamala Harris' running mate Nicole Shanahan and presidential candidate Robert F. Kennedy Jr., have also criticized the BLS, alleging that it has been used as a tool of propaganda by the executive branch to distort economic data and mislead citizens.
818,000 'Created' Jobs Don't Exist, Bureau of Labor Statistics Reveals
The impact of the job creation overstatement has been far-reaching, with conservative commentators and critics emphasizing the severe consequences for the economy and the nation as a whole.
"The Biden-Harris administration was just forced to admit that they overstated job creation by 818,000 jobs in one year. Not 818 jobs. Not 8,180. Not 80,180. EIGHT HUNDRED THOUSAND," stressed the popular conservative account "End Wokeness."
Conservative digital strategist Greg Price pointed out the irony of Harris' campaign promises to fix the economy while the Biden/Harris administration has overseen such a significant downward revision.
"In the last 24 hours, the federal government has revealed that Biden and Kamala lost 291,000 illegal migrant children who crossed the southern border and added 818,000 fewer jobs to the economy than previously reported. But don't worry: Kamala will fix it on day one!" he tweeted.
Wells Fargo and JPMorgan Chase forecasters had expected revisions of 600,000 and 360,000 jobs, respectively, indicating that the actual revision exceeded even the most pessimistic predictions.
The Biden/Harris administration has been contacted for comment but has not yet responded.
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