Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • China’s COVID-19 Infections Jumped by 160 Percent in May
    • Russia hits Ukraine with record 479-drone strike ahead of POW swap | Russia-Ukraine war News
    • Rudolph reacts to Steelers signing Rodgers to be starting QB
    • Newsom – Typical Democrat | Armstrong Economics
    • ALL IS FORGIVEN? Elon Musk Posts in Support of President Trump Over Response to L.A. Riots | The Gateway Pundit
    • US, China seek to extend trade truce with London talks
    • The Freedom Flotilla achieved its mission | Israel-Palestine conflict
    • Angels, Athletics see progress as they begin 3-game series
    News Study
    Monday, June 9
    • Home
    • World News
    • Latest News
    • Sports
    • Politics
    • Tech News
    • World Economy
    • More
      • Trending News
      • Entertainment News
      • Travel
    News Study
    Home»Politics

    Democrats Celebrate a Seemingly Impressive September Jobs Report – Here’s What The Media is Not Telling You | The Gateway Pundit

    Team_NewsStudyBy Team_NewsStudyOctober 5, 2024 Politics No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Joe Biden offers an Oval Workplace deal with on dropping out of the presidential race, pool picture by Evan Vucci,/Getty, July 24, 2024.

    Democrats together with Joe Biden are boasting in regards to the energy of the newest job reviews. Nonetheless, the numbers aren’t truly as promising as they might appear.

    In September, the U.S. financial system added 254,000 jobs, considerably surpassing expectations and main merchants to anticipate a slower tempo of rate of interest cuts by the Federal Reserve following final month’s substantial discount.

    The figures, first reported by the Bureau of Statistics, exceeded the earlier forecast of 140,000 from economists polled by Reuters.

    It additionally marked an enchancment over August’s upwardly revised acquire of 159,000 jobs. The unemployment price dropped to 4.1 p.c, down from 4.3 p.c in July, which had been close to a three-year excessive.

    Nonetheless, ZeroHedge explains that whereas the variety of jobs to foreign-born staff truly fell from an all-time excessive, a big proportion of those positive factors are taken by authorities staff:

    His report explains:

    And but, it didn’t take lengthy to seek out what the BLS did this time to make the roles seem a lot stronger than anticipated, a political crucial for the extremely politicized company tasked with making the Kamala/Biden financial system seem stronger than it was precisely one month forward of the election.

    The reply, mockingly, was within the variety of authorities staff, which exploded larger, and weren’t solely instrumental in pushing the Family Survey print a lot larger, however meant the distinction between a 4.1% and 4.5% unemployment price.

    Here’s what occurred. In September, the variety of authorities staff as tracked by the Family Survey soared by 785K, from 21.421 million to 22.216 million, each seasonally adjusted (supply: Desk A8 from the roles report).

    This was the largest month-to-month surge in authorities staff on document (excluding the outlier print in June 2020 which was a reversal of the document plunge from the Covid collapse months earlier than).

    In the meantime, Florida Senator Marco Rubio identified that earlier jobs reviews have been manipulated by the Biden regime and their media propagagandist earlier than later being revised downwards.

    One other faux jobs report out from Biden-Harris authorities at present

    16 of the final 17 reviews have been considerably revised downwards after media helps them with their faux headlines

    However all of the faux numbers on the earth aren’t going to idiot folks coping with the Biden-Harris…

    — Marco Rubio (@marcorubio) October 4, 2024

    In brief, the U.S. financial system is much weaker than it was when Donald Trump was in workplace. America’s present unemployment figures are certainly optimistic, however this does negate the devastating impression that inflation and the price of dwelling disaster have wreaked on unusual People.

    At a press briefing on Friday, Joe Biden was requested about Rubio’s feedback and insisted that this was “incredibler information” for the American financial system.

    “From the very starting, we had been advised repeatedly that the insurance policies we had been pursuing we put ahead weren’t going to work, make issues worse, together with a number of the different group are nonetheless saying they’re going to make issues worse, however we’ve confirmed them incorrect,” he stated.

    “Look, I’m going to be very cautious right here. When you discover something MAGA Republicans don’t like they name faux. something. The job numbers are what the job numbers are. They’re actual.”

    Right here’s every part it is advisable know in regards to the so-called nice jobs report:

    Over the past 12 months, employment for native born American staff fell by 825K

    For international born staff, it elevated by 1.2M.

    The story of job progress below Biden/Kamala is taking credit score for added again… pic.twitter.com/CBp99XNsPm

    — Greg Value (@greg_price11) October 4, 2024





    Source link

    Team_NewsStudy
    • Website

    Keep Reading

    China’s COVID-19 Infections Jumped by 160 Percent in May

    ALL IS FORGIVEN? Elon Musk Posts in Support of President Trump Over Response to L.A. Riots | The Gateway Pundit

    Gavin Newsom Slams “Dictator” Trump; Demands President Rescind “Unlawful” Order Federalizing California National Guard | The Gateway Pundit

    Kash Patel’s Government Gangsters Film Director M.A. Taylor: ‘President Trump Will Be Transforming the Arts to Be Pro-America, Pro-Culture, Pro-Family’ (War Room Video) | The Gateway Pundit

    DEVELOPING: 500 Active Duty Marines Prepared to Deploy to Downtown Los Angeles as Rioters Set Cars on Fire | The Gateway Pundit

    IDF Arrests Jew-Hater Greta Thunberg and Fellow Passengers of ‘Madleen’ Yacht Miles Off the Gaza Coast – IDF Posts Video | The Gateway Pundit

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    China’s COVID-19 Infections Jumped by 160 Percent in May

    June 9, 2025

    Russia hits Ukraine with record 479-drone strike ahead of POW swap | Russia-Ukraine war News

    June 9, 2025

    Rudolph reacts to Steelers signing Rodgers to be starting QB

    June 9, 2025

    Newsom – Typical Democrat | Armstrong Economics

    June 9, 2025

    ALL IS FORGIVEN? Elon Musk Posts in Support of President Trump Over Response to L.A. Riots | The Gateway Pundit

    June 9, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    About us

    Welcome to NewsStudy.xyz – your go-to source for comprehensive and up-to-date news coverage from around the globe. Our mission is to provide our readers with insightful, reliable, and engaging content on a wide range of topics, ensuring you stay informed about the world around you.

    Stay updated with the latest happenings from every corner of the globe. From international politics to global crises, we bring you in-depth analysis and factual reporting.

    At NewsStudy.xyz, we are committed to delivering high-quality content that matters to you. Our team of dedicated writers and journalists work tirelessly to ensure that you receive the most accurate and engaging news coverage. Join us in our journey to stay informed, inspired, and connected.

    Editors Picks

    Contributor: Trump’s latest trade war with China is sorely needed

    April 11, 2025

    Benefits cuts to fuel ‘recession level’ hit to Britain’s poor, warns think-tank

    March 27, 2025

    Why does the United Nations face a funding crisis? | Politics News

    May 3, 2025

    Canada & The 51st State

    March 12, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Newsstudy.xyz All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.