Scrapping Million Jobs is not making America great. Smh. 😑🚫πŸ”₯πŸ”₯😑

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    Posted by RunThePlay55

    17 Comments

    1. Rivercitybruin on

      Much of it was a fake terrible head of BLS… And the the rest is a completely unqualified, biased P2025 guy

      Curious what expeets say….. Massive errors if accurate

    2. burrito_napkin on

      Frankly I wouldn’t doubt it. Despite all the articles about wages increasing and jobs increasing we all knew and felt that the job market was tight and wages were stagnant or lower.Β 

      This is certainly happening now but it also definitely also happened in 2024. Everyone knew but the numbers somehow indicated that everything is peachy, best it’s ever been even.Β 

    3. Thinklikeachef on

      It was 900k, not 2 million. This also happened in 2009. These revisions happen, tho yes this time was on the high end.

    4. MessagingMatters on

      Yes, let’s compare President Biden’s job creation to that of Donald Trump. Likewise, let’s compare job creation under Democratic vs. Republican presidents.

    5. I thought we had a shortage of workers that required massive influxes of immigrants and H-1b visas to fill πŸ€”

    6. Did the new lackey do the revision? The guy who replaced the trump appointee that was fired for being too straight with the numbers?

    7. Ok? I didn’t like Biden. I feel like this is somehow implying that somehow this makes Trump a good president tho. That doesn’t make a lick of sense

    8. CharlieBravo74 on

      The one immutable rule of Trump: everything Trump touches dies.

      He claims to be an expert on everything, he doesn’t seem to know much for real about anything. And he’s in charge of our economy and trying to sink his grub y little fingers deeper into it. This will only get worse as he takes further control of the fed and starts dictating interest rates.

    9. I would like to see how anything before April 2024 was impacted. I don’t think the latest revision impacted anything other than April 2024-March 2025

      To be clear, this does not change the actual unemployment rate that ANY of the unemployment rate numbers are calculated from.

      This revision does show that while the number of payroll jobs still grew in 2024 by about 850k, which is low.

      Annual Payroll Job Growth according to ChatGPT’s read of BLS over the years:

      2012: +2.2 million (β‰ˆ185k/month)

      2013: +2.3 million (β‰ˆ190k/month)

      2014: +3.0 million (β‰ˆ250k/month)

      2015: +2.7 million (β‰ˆ225k/month)

      2016: +2.3 million (β‰ˆ190k/month)

      2017: +2.1 million (β‰ˆ175k/month)

      2018: +2.3 million (β‰ˆ190k/month)

      2019: +2.0 million (β‰ˆ167k/month)

      2020: –9.4 million (β‰ˆβ€“780k/month)

      2021: +6.7 million (β‰ˆ560k/month)

      2022: +4.8 million (β‰ˆ400k/month)

      2023: +3.1 million (β‰ˆ260k/month)

      2024: +0.85 million (β‰ˆ70k/month, after Sept 2025 benchmark revision)

      I think it is also worthwhile to note that YoY inflation peaked in June 2022 at 9.1%

    10. Where would one fine the following information?

      How many jobs created under President Biden were government positions versus non-government positions? Also, accounting for government contracts awarded to private firms?

      Then, the same for President Trump?

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