[Lakeside Granny]

Stephen Miller
@StephenM

What BLS jobs report actually shows—it’s CATASTROPHIC:

-Almost 5 MILLION more Americans not in labor force today than pre-pandemic

-Employment down 750K from pre-pandemic but working-age population up 4+million—meaning over 3M jobs MISSING

-Youth workforce participation down 2pts

To say nothing of crippling inflation, sky-high debt, skyrocketing living expenses, incomprehensible energy costs, mass importation of low-wage corporate labor to displace U.S. workers, smashed supply chains & harrowing nationwide formula shortages.

Biden economy is a NIGHTMARE.

[Rusty0604]

Good summary.

[stylin19a]

they also didn’t mention 315,000 left the labor force...hence no unemployment % movement.

[stylin19a]

plus... downward revised 384,000 in May. April’s count was revised down to 368,000.

[stylin19a]

check this out

https://www.zerohedge.com/markets/something-snaps-us-labor-market-full-part-time-workers-plunge-multiple-jobholders-soar

ZH also finding monkey business...fun with numbers...