Citing standard revisions, Sean Hannity claims Biden is “cooking the books” on positive jobs reports
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Citing standard revisions, Sean Hannity claims Biden is "cooking the books" on positive jobs reports
Citation From the January 5, 2024, edition of Premiere Radio Networks' The Sean Hannity Show
SEAN HANNITY (HOST): There was a lot about the jobs numbers today, and we know the Biden administration has been inflating their jobs numbers for at least the last eight months, monthly job reports downward revisions going back to April. The Biden administration has issued another glowing jobs report today claiming the economy added 216,000 jobs in December. And by the way, I would want this to be true for the sake of our country. Not that I want America to fail. I want America to succeed.
Here's the problem. When you dig a little deeper into this Bureau of Labor Statistics report, full-time workers fell by over 1.5 million from November to December. That's a dramatic number. Part-time workers rose by 762,000 from November to December. Multiple jobholders are now the highest on record with 8.5-plus million. That's up 222,000 from November to December. When you dig deeper into these numbers, it's not as rosy as it looks. Revisions made for the October, November non-farm payroll employee employment numbers show a much more stagnant job growth than initially reported.
Looks to me like they might be artificially cooking the books, and then they -- when they have the revisions, nobody pays attention to it. October revised from 150,000 to 105,000. November revised from 199 to 173 in total. These revisions, unemployment in October, that's nearly 100,000 lower than initially reported. And government employee -- employment continues to be the major contributor to any job growth. Government employment increased by 52,000 in December. Wow. That's a pretty big number.