<p>The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.</p>

The BLS reported that in the 12 months ending March 2024, the economy created 2.9 million new jobs. You probably heard President Biden and other members of the Cabinet extol all the latest jobs they’d created. Unfortunately, it simply wasn’t true. The number of new jobs was overstated by 818,000, a 28% error.

Is A Faulty Government Report Contributing To The Next Recession?

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Our mission is to provide you with a unique insight into the trends and events that move our financial markets. We’re sometimes controversial, sometimes not. But there are no products to be sold here, nor commissions to be made. Our only hope is that we may provide you with a new perspective on our Global Financial World.

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Is A Faulty Government Report Contributing To The Next Recession?

Is A Faulty Government Report Contributing To The Next Recession?