The Bitcoin Layer

The Great Labor Market Lie


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Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In today's episode, Joe explores the latest candidates for "worst data manipulation of all time" as he breaks down the lies and damned lies from the statisticians tasked with reporting on the US labor market.
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The Bitcoin Layer and its guests do not provide investment advice.
Chapters:
00:00:00 - The Misleading US Job Market Growth
00:01:45 - Bitcoin and River.com TBL
00:03:22 - Rising number of people holding two full-time jobs
00:04:58 - The Wage Cage
00:06:40 - Unemployment Rates and Missing Workers
00:08:17 - Misleading Headline Data
00:09:54 - Job Addition in the US Government
00:11:42 - Manipulation of Data in US Job Market
00:13:19 - The Impact of Inflation on Earnings and Job Growth

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