We are finally getting some truth telling out of the Department of Labor, as it is now admitting that Joe Biden’s claim to have “created” hundreds of thousands of jobs was simply untrue.
Over the last year of Biden’s presidency, he claimed to have created 400,000 new jobs, just from July to September. But the new numbers are showing that instead of creating jobs, we actually LOST jobs.
Per Townhall:
This benchmark adjusts 12 months of jobs data to make them as accurate as possible and always covers a period from March of one year to March in the following year. In early 2025, the BLS published the annual benchmark figures for the period from March 2023 through March 2024. The result: a staggering drop of 598,000 nonfarm payrolls.
In other words, the monthly reports had overestimated the number of jobs during those 12 months and were revised down by nearly 600,000. That’s on top of the individual monthly reports already being revised down throughout the year-long period in question.
And the downward revisions to Biden-era jobs data are set to continue. From March through June of last year, the economy supposedly added 398,000 nonfarm payrolls, according to the monthly job reports, yet the BED data show a net loss of 163,000 private-sector jobs for that period.
Instead of adding almost 800,000 jobs during the middle of last year, the economy likely shed more than 160,000 of them. The next annual benchmark will probably be a (retroactive) reduction of jobs under Biden that exceeds this year’s large downward revision.
This occurred throughout his four disastrous years, granted.
Every time Biden claimed he created hundreds of thousands of jobs, his regime would dole out numbers “proving” his claim, only to have all those fake gains quietly erased with corrected numbers months later. And the corrected numbers were never reported by the media which, instead, only reported Biden’s earlier lies about how he “created” jobs.
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