davel , 4 months ago (edited 4 months ago)

Did these ~350K jobs just suddenly get filled in the span of a month?
Forbes, Dec. 2023: Over 305,000 Laid Off In Major U.S. Cuts This Year—Here Are The Biggest

Or are these numbers BS to prop up the Bidenomics plank of the re-election platform?
CNN, Nov. 2022: Unemployment Statistics Are Misleading. Economic Hardship Is Much Worse

When analysts at the Ludwig Institute for Shared Economic Prosperity, a nonprofit research center focused on lower- and middle-income families, measured what they call the “true rate of unemployment” in October, it was 23.6%, more than six times higher than the official number.