Reality Check: 25% of Biden’s Job Creation Claims Last Year Proven Nonexistent, Monthly Revisions Reveal.

Sum of Monthly Jobs Created Report by BLS = 3,140,000

Sum of Monthly revisions to jobs by BLS = -443,000
+ August Revision of March Jobs -306,000

“By the time you include all the monthly revisions and the annual benchmark revision, about one-quarter of all the jobs we thought were added last year have been revised away.”
E.J. Antoni, Heritage Foundation

The number of jobs was revised down for every month in 2023, except July. December’s Job numbers will have changes announced in the Jan/Feb 2024 reports, according to the BLS.

2022 job numbers were revised down in 5 months.
2021 numbers only for one month.

https://theohiostar.com/news/almost-a-quarter-of-all-jobs-added-in-2023-didnt-actually-exist/ohstarstaff/2024/01/09/

 

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