Dimento Joe's nose grows...

[ Follow Ups ] [ Post Followup ] [ Politics Forum ] [ FAQ ]

Posted by Ed Gooding (VA) on December 21, 2022 at 18:21:30 [URL] [DELETE] :

"Florida Republican Sen. Rick Scott is crying foul on that particular narrative after a recent bombshell report by the Federal Reserve Bank of Philadelphia revealed that the second-quarter job growth numbers touted by the president and his mouthpieces are way off the mark.

Previously, the Biden administration bragged that between March and June, over a million jobs had been created, based on estimates from the Bureau of Labor Statistics.

The number made for strong headlines and a much-needed economic bragging point for a struggling presidency.

“Our job market remains historically strong, with unemployment at 3.6% and more than 1 million jobs created in the second quarter alone,” the White House boasted on July 28.

The revised numbers from the Philadelphia Fed show that the real number is a tiny fraction of that: Only 10,500 jobs were added in that time frame.

Follow Ups:

Post a Followup:
Name   : 
E-Mail : 
Message: To add a single image to your post, click here. To add multiple images to your post, click here. Optional Link URL : http://www.yourwebsite.com Link Title : Website Title Optional Image URL: http://www.myimages.com/mypic.jpg
Enter image characters into the text box.

Press Preview Message button below to proofread message & check if images and/or links are shown before posting message. Press
browser's back button if correction is needed. Press Post Message button on Preview Message page to finalized your post. Thanks!

[ Follow Ups ] [ Post Followup ] [ Politics Forum ] [ FAQ ]