Hey Stinkerbell..

Your time is rapidly running out for "creating stories".

And. In case you have forgotten..

It's the economy stupid.

"Fed chair recently said illegal immigration is driving up unemployment."

Cherry picking statements out of context proves nothing except that you have a narrative to stick to.

He also said in the same statement that:

"The labor market is actually in solid condition. And our intention with our policy move today is to keep it there."

...

Don't forget about the 870,000 jobs they lied about.

#15 | POSTED BY LFTHNDTHRDS

No one lied. A routine revision of the job numbers is not a "lie".

What YOU just did was repeat a Trumpified lie.

16. It was the largest downward revision in 30 years.

#19 | POSTED BY BELLRINGER

That still does not make it a lie.

Yes it is, the revision is also a lie.

#22 | POSTED BY ONEIRONAUT

A revised estimate is not a "lie". It was an estimate.

The actual report is out for Aug:

August 2024 Jobs Report: 142,000 jobs added, an acceleration from July

Key takeaways ...

The Bureau of Labor Statistics (BLS) reported that the U.S. economy added 142,000 jobs in August 2024, 28,000 more than in July. That said, job growth over the prior two months was revised down by 89,000 jobs. Private payrolls increased by 118,000.

The unemployment rate fell a tenth of a percent to 4.2%, driven by a reversal of the temporary layoffs that were present in the July jobs report.

The August employment report reinforces the view that the U.S. labor market is slowing but not breaking. It also appears that the "hard landing" sell-off following the July jobs report was perhaps an overreaction.

Thank you for the opportunity to teach you about the Bureau of Labor Statistics job reports.