And *Poof* One Million Jobs Vanish

[Woodznutz]

Yes, so for the past year there were 7 million jobs added instead of 7.3.

Which is still more than were created during Trump's entire regime before Covid.

Thanks for reminding us!

Pent up demand for goods and labor from Covid is still driving the economy.

 

[sealybobo]

“A large negative revision would indicate that the strength of hiring was already fading before this past April,” Wells Fargo economists Sarah House and Aubrey Woessner said in a note last week. That would make “risks to the full employment side of the Fed’s dual mandate more salient amid widespread softening in other labor market data.”

Bidenomics and Harrisnomics since she claimed she’s been involved in every decision Joes made.

They’re letting more illegals than jobs, thus keeping salaries low and suppressing lower income people from rising.

Fed Confronts Up to a Million US Jobs Vanishing in Revision — Bloomberg

US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.

stocks.apple.com

Bill Clinton said:

“You’re going to have a hard time believing this, but so help me, I triple-checked it. Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50, Republicans one.”