Bidenomics! US Payrolls Were Likely 306,000 Lower Than Previously Estimated (July Jobs Growth Slowed To 2.2% YoY As M2 Money Growth Slowed To -3.7% YoY)

by confoundedinterest17

• Preliminary benchmark revision smaller than some had projected

• Biggest payrolls adjustment in transportation and warehousing

Are you surprised that the Biden Administration has been lying about job creation?? Not really since Biden compulsively lies about everything. Including his corruption.

US job growth was probably less robust in the year through March than previously reported, according to government data released Wednesday.

The number of workers on payrolls will likely be revised down by 306,000 for March of this year, according to the Bureau of Labor Statistics’ preliminary benchmark revision.

Even without the revision, job growth has slowed to 2.2% YoY in July as M2 Money growth slowed to -3.7% YoY.

Let see what our Overlords say at the Jackson Hole Fed symposium.