Article originally appeared on www.westernjournal.com.
The rosy jobs numbers coming out of the Biden administration have sent many a media outlet to pooh-pooh critics of Bidenomics, but even some mainstream media outlets are beginning to question the numbers they are seeing.
For much of the last month, the U.S. Labor Department has reported that the weekly number of unemployment filings has been 212,000. Exactly 212,000. In fact, only the week of March 30 strayed from this record when the feds reported 222,000 filings.
The Labor Deptartment claimed that this was all great news, because it showed how stable the Biden economy is right now.
A department spokesman said the streak “can be reasonably interpreted as an indication that there has been very little volatility in initial claims over this period relative to historical patterns, and that the seasonal adjustment factors are effectively removing seasonality from …
View full article |