Posted on 05/07/2021 9:15:11 AM PDT by JV3MRC
The Bureau of Labor Statistics released a devastating report on job growth in April. It completely destroyed the media hype about the jobs growth under President Joe Biden. Their glowing job predictions were off by at least 734,000 jobs. Perhaps as much as 1,734,000 jobs.
The Bureau of Labor Statistics (BLS) reported that the U.S. economy added an embarrassing 266,000 jobs in April, and the unemployment rate ticked up to 6.1 percent. Fox Business host Charles Payne summed up the atrocious figures perfectly: “Congratulations President Biden - you have achieved the progressive utopia. At least 7.4 million job openings but only 266,000 people got a job last month.” Less than 4 percent of the approximate job openings were filled. The report came after multiple media outlets were heralding an expected April boom to the tune of — checks notes — 1 million jobs added.
But Axios was even further off the mark in a May 3 piece headlined, “A jobs report for the ages.” The outlet arguably gave one of the worst predictions for the April jobs growth:
"While it is not expected to match or exceed June's 4.8 million, some economists believe we could see more than 2 million jobs added, compounding the momentum from March when American employers added 916,000 jobs."
(Excerpt) Read more at newsbusters.org ...
Some theologians believe we're already in the afterlife.
This is what the commies wanted..everyone dependent on Government..why work if you can sit on your ass and get paid more than when you actually worked all you gotta do is keep voting Dem and the money will keep flowing in
God bless Wisconsin. Some here in California were drawing $1200 A WEEK!
Then there were a few who filled out fake claims, and got $1200 a week many times over. When they were caught, instead of going to jail they were recruited to help with the Get Out The Vote drive.
Everybody has their reasons and their breaking point. This fellow who is aiming to receive all the benefits the government has to offer may be a “John Galt.”
Naturally, some will view that as akin to stealing silverware or the anchor from a sinking Titanic - selfish and pointless, dooming the short-sighted thief who should be working to patch the vessel.
Socialism has consequences.
“Every record has been destroyed or falsified, every book rewritten, every picture has been repainted, every statue and street building has been renamed, every date has been altered. And the process is continuing day by day and minute by minute. History has stopped. Nothing exists except an endless present in which the Party is always right.”
― George Orwell, 1984
All joe had to do is get his governor buddies to stop their shutdowns and get rid of all the covid unemployment benefits.
And Biden says, this proves the government needs to spend more money!
When in realty the job number is bad BECAUSE government spending is paying people to stay home and not work!!!!
INSANITY
As long as shutdowns and gubermint handouts are still in play, the jobs situation is not going to improve.. Rehiring people that were laid off in the first place isn’t job creation anyway.
When Ovomit was pResident these were considered good numbers.
Never forget that these Communists deliberately destroyed the most robust economy we had seen in over 50 years because they hated Trump.
As long as people can make more on the dole than by actually working, you won’t see much improvement in job numbers. Not sure if it is the same but before I got a job where I can’t collect unemployment you had to take a paper with 3 names of businesses you went to looking for jobs.
Because they hate Americans.
Only a fool would work for less money than he can make sitting at home watching TV. This additional unemployment benefit is keeping our economy from moving forward. Everyone is consuming, but nobody is working.
The US eyes possible 'Roaring '20s' recovery
It's still up, but they buried it deep into their site.
It’s fake news...that’s what they SHOULD say....lololol
They get more $$$ sitting on the couch as the government direct deposits their unemployment and covid checks.
Demonstrates that Biden can screw up a sure thing.
Basic recovery of the economy from Covid should provide at least some economic growth, as things re-open that were closed. Biden’s economic policies are so bad that he’s destroyed this essentially automatic part of the recovery.
We are in for some bad times before this is all over.
Not defending his choice, but I understand it. He only works manual labor jobs, though painting and flooring and finishing houses is good money here in WI. They pay even more, plus bonuses these days as decent labor is in short supply.
That said, I plan on taking my SS at 62. Going to draw it under my ex-husband; he owes me a lot of money. ;)
LOL. I'm a few years ahead of you. Waiting out the 66.5 mark, not far away, not far at all. Twenty years ago I figured the system would have collapsed by now. Fiat money to the rescue!
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