Posted on 12/03/2021 2:39:04 PM PST by JV3MRC
CNN is adding to its long list of “L’s.” It tried to get out in front of the Bureau of Labor Statistics (BLS) spinning the jobs recovery as robust before the actual jobs report dropped.
CNN published a story early Dec. 3 celebrating in its lede paragraph that “[t]he US jobs recovery has picked up steam again in the final months of the year, bringing some good news in the face of persistently rising prices and a new Covid variant.” It praised how “[e]conomists polled by Refinitiv expect another sizable jobs gain in Friday's November employment report — 550,000 positions.” It continued its spin, albeit with a noticeable caveat: “If that holds true, it would be the biggest monthly gain since July, when more than a million jobs were added.” But then reality hit: the BLS released its report hours later showing that the economy only added 210,000 jobs, 340,000 fewer than expected.
(Excerpt) Read more at newsbusters.org ...
ABC news said it was less than half the expected #
Unexpectedly...
only added 210,000 jobs, 340,000 fewer than expected.
Exactly what ABC reported.
Rounding error. Picky, aren’t you?
"Project Mockingbird" simplified. Instead of implanting agents into news rooms, just buy up the news outlets. Staff them with loyalists.
CNN is the DNC
Closer to a third.
500k WAS the estimate. CNN wasn’t the only one caught off guard.
The actual number is probably an aberration. The “survey” part of the report indicated 1.2 million people going back to work. This will likely rebound during the next report.
There’s no way the actual unemployment number is 4.2%. It’s creative math.
Sad trombone.
It happens all the time. Remember when gravitas was the word du jour?
CNN had Jen Pisstaki on bragging about how this was proof Biden’s plan was working.
They only count those on unemployment. When you give up and go on welfare, move in with someone else, etc, you are no longer counted.
What really matters is that labor participation rate. And it’s at great depression levels already. Lowest since women entered the workforce.
WHATS NEW !!!
CNN LIES !!!
Did CNN have any reports about the “Frozen Orange Juice Concentrate” futures? And who got dressed up in the gorilla suit?
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