Jobs Report Beats Expectations! But Here’s What They’re Hiding
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The real jobs report, not the BS that the Labor Department, the politicians and the sycophants are throwing at you. Nothing really changes, does it? Doesn’t matter if it’s a Democrat in the White House, doesn’t matter if it’s a Republican in the White House. What you’re going to get is a load of bull excrement every single time the jobs report comes out. And quite frankly, let me be honest with you, I used to do a lot of those boxes.
They won’t, they don’t invite me back anymore. They don’t like me. Why? Well, again, I call it like I see it. I don’t, I don’t give out narratives. I don’t spew bull excrement. It’s exhausting. It really is. Here is Charles Payne from Fox this morning. Jobs Report beats Wall Street consensus and crushes the whisper number.
139,000 versus 125,000. The doom and gloom crowd heads explode.
So they’re going to push this idea that this is a wonderful jobs number, are they? Okay. Well, you know, again, like I said, we’re honest. During the Biden administration, every sometime jobs report came out, we’d tell you, hey, they’re just going to revise it downward. And you know, it’s funny as the folks on Fox would also make fun of that too. look at that.
and putting a jobs number out there using it to move the needle and get support and they’re going to revise it downward. Yeah, April payrolls were revised from 177,000 to 147,000. March payrolls were revised 185,000 down to 120,000. Every month since Trump has been president, the jobs numbers have been revised downward.
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Now, that’s just a fact. Okay. This is not politics. Okay. Not nothing personal. Okay. As Michael Corleone would say, it’s strictly business. Okay. Every month they’ve been revised downward. We already saw the ADP numbers this past week. Not good. Let’s look a little deeper, shall we? The amount of full-time workers.
down 623,000. Full-time workers down 623,000. Part-time workers up 33,000. Again, that was also a trait that we pointed out during the Biden years. The US government
said that 247,000 people applied for unemployment benefits last week. That’s the highest it’s been over the past eight months. Look into the internals of the jobs report. Good sign, okay, is government work is down, which we wanted to see. But the jobs being created right now are in healthcare and
restaurants and hotels, hospitality, down in manufacturing, down in retail. Again, if you don’t think that this has anything to do with the tariffs, you’re crazy because it does. Again, the number also striking too. The number of employed workers, okay, dropped. People leaving the workforce down by almost seven
hundred thousand. So again, you want to buy the narrative. You want to buy the narrative that this is some really great, tremendous, strong jobs report. OK, I’ll give you this. OK. Again, I don’t want to get in trouble with. I’ll say it this way. Are we the best house in a bad neighborhood? Yeah, as far as the world is concerned, absolutely. And that’s been the case for a very long period of time.
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But if you think that these jobs numbers are great, if you think we have this massively strong job market at this point in time, that’s not the case. Not the case. And then you’re seeing people, various pundits out there talking about, that’s just gonna keep the Fed from lowering rates because there’s a strong jobs number.
wasn’t a strong jobs number. Look deeper. Watchdog on wallstreet.com.