Previous employment growth estimates made under the Biden-Harris administration have been substantially changed by new data supplied by the Bureau of Labor Statistics (BLS),
Which demonstrates that the 2023 job creation figures were greatly exaggerated. In contrast to previous monthly estimates that projected a rise of about 400,000 jobs during the same time,
The BLS’s Business Employment Dynamics (BED) report for the third quarter of 2023 shows a net drop of 1,000 private-sector employment in the U.S. economy.
According to the Biden-Harris administration’s BLS monthly employment estimates, the U.S. economy created 399,000 nonfarm payroll jobs between July and September 2023.
Anyone surprised Biden’s job numbers were lies?
400K jobs were nonexistent. pic.twitter.com/S8h2wM3f1S
— Spitfire (@DogRightGirl) May 12, 2025
There was no such rise, according to the BED data, which is based on a considerably bigger sample of more than 12 million firms.