Govt Data - Laughable (Patreon)

A closer examination of the December jobs report reveals several concerning aspects that paint a different picture than the headline numbers suggest. 

The details:

Full-time Job Losses: The economy experienced a significant decline in full-time employment, with a staggering 1.5 million jobs lost in just one month. This substantial decrease in full-time positions raises concerns about the overall job market health and the potential impact on the workforce.

Downward Revisions: The report also included significant downward revisions to previous months' data, indicating that the job market may have been weaker than initially reported. This could signal a more prolonged and pervasive issue with employment growth. 10 OF THE 11 PREVIOUS REPORTS WERE ALL REVISED DOWN! I HAVE MADE NUMEROUS VIDEOS ON THIS. 

True Unemployment Rate: Taking into account the full-time job losses and other factors, the true unemployment rate could be much higher than the headline number. Estimates range from 6.4% to 7.5%, suggesting that the labor market is not as robust as it appears on the surface.  BUT IT IS A BAD LOOK FOR GOVTS TO HAVE HIGH UNEMPLOYMENT NUMBERS. 

The Govt really needs to jack up the economy before the avg person realizes the truth. 

This is the real kicker - workers are forced to take on 2 or 3 jobs which govt counts part time jobs as jobs... hence the numbers are so broken - here we lost 1.5M full time jobs, added 762K part time jobs