The downward modifications made to individual monthly reports during the year were supplemented by this yearly adjustment.
For instance, the BLS first said that, between March and June 2023, the economy added 398,000 nonfarm payrolls.
Now that Biden is out of office, the real data is coming out about 2024. As we long suspected, the economic data released by Biden's team was mostly fake.
Instead of adding almost 800,000 jobs during the middle of last year, the economy likely shed more than 160,000 of them. https://t.co/AOk5zA58HH
— Wall Street Mav (@WallStreetMav) May 12, 2025
In contrast, the economy shed 163,000 private-sector employment over that same period, according to BED statistics.
If these more complete numbers are accurate, the economy may have shed more than 160,000 jobs in the middle of 2023 rather of gaining close to 800,000.
MORE NEWS: A Chicago Mayor’s Memorial Day “Africa Day” Post Is Reversed Different employment reports follow somewhat different statistics,
