Government: US economy added 818,000 fewer jobs than first reported in year that ended in March
apnews.com
The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government says.
  • Lovely_sombrero [he/him]@hexbear.netEnglish
    10·
    3 months ago

    Everyone did intentional overreporting of the numbers in the past, but this only became a real problem with the Biden admin, because they are going too crazy with it. If they overshot by like 250k, this wouldn’t get any real headlines, it would just be a quiet correction.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPEnglish
      11·
      3 months ago

      I think it’s that and the fact that they’ve kicked the can as far down the road as they can at this point. It’s becoming impossible to pretend the economy is doing well now.