Posted on 08/20/2024 2:13:38 PM PDT by ChicagoConservative27
s many as a million jobs could vanish from US jobs data in revised numbers released this week.
Jobs growth in the year through March was likely much lower than initially estimated, top bankers are warning.
This could refuel concerns that the US economy is not as robust as it has appeared, and that the Federal Reserve is falling behind in its aim to lower interest rates.
symbol 00:04
02:24 Read More
The government will release its first revisions of jobs growth data on Wednesday, and then the final numbers are due early next year.
Goldman Sachs economists expect jobs growth for the year will be at least 600,000 weaker than current estimates - and the decline could be as much as a million.
A downward revision of more than 501,000 would be the largest in 15 years, Bloomberg reported, and would suggest the labor market has been cooling for longer than was originally thought.
(Excerpt) Read more at dailymail.co.uk ...
The Bureau of Lying Statistics remain consistent.
“headed”for a downturn
snicker
The economy has been in a downturn, or more precisely, a RECESSION, since Biden stole the WH.
Yea, as if finally reflecting reality is changing the reality that has been (see what i did there?)
“A downward revision of more than 501,000 would be the largest in 15 years”
*************
The timing of a revision of such magnitude is quite interesting. Could it be a ‘nudge’ to the Fed to cut rates just before the election?
The media and the dems really do believe we're all dumb enough to believe them and ignore our lyin eyes...
Perfect timing for the DNC lies to be exposed.
Wonder if they will bother to change their speeches.
Day of numbers...👍🎉
Couple weeks later...🤔🐂💩👇
Zerohedge had the story a few days ago.
This from the DM is a modified limited hangout.
Lies, lies, lies. That’s all the Rats have left. The master of lies will be the premier speaker tonight at the DNC convention.
Such a thing won’t be admitted as long as Democrats are in power.
So in other words they’ve been lying for the last year, in order to prop up Biden
I have no more odor than a freshly cooked blueberry muffin
They’ve likely been lying a lot longer than that.
I honestly believe we’re in a depression. Instead of food lines we have government handing our trillions of dollars.
THE “EMPLOYMENT/UNEMPLOYMENT” NUMBERS HAVE BEEN BOGUS FOR A VERY LONG TIME.
ADP does PAYROLLS & they are constantly more accurate.
THE MEDIA HAS FOLLOWED OBAMA/BIDEN LIES FOR A LONG TIME
To be officially announced on November 6th
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