Showing posts with label March 2024 illegal immigrants added another 112K jobs. Show all posts
Showing posts with label March 2024 illegal immigrants added another 112K jobs. Show all posts

Sunday, April 7, 2024

Another 'Sketchy' Jobs Report to Make You Think All is Well But It's Literally ALL Part-Time Jobs And Illegals

Article Title: Behind Today's Stellar Jobs Print: It Was Literally ALL Part-Time Jobs (And Illegals)
Snippet of Article: "unlike the last two months when both the January and February jobs prints were beyond ridiculously manipulated and goalseeked to pass a terrible number as a strong one...superficially the March report was another artificially goalseeked blowout that guaranteed it would have zero credibility: with 303K payrolls added...when it comes to the qualitative aspect, it was another disaster for one simple reason: all the job gains were part time jobs! Here is exhibit A: in March, the number of part-time jobs soared by 691K to 28.632 million, up from 27.941 million while full-time jobs dropped by 6,000, to 132.940 million from 132.946 million. ... last month's record increase in foreign-born workers, in March illegal immigrants added another 112K jobs, pushing the total number of foreign-born workers to a new record high of 31.114 million. "


Source: www.zerohedge.com

[tag] March 2024 illegal immigrants added another 112K jobs, full-time jobs dropped by 6,000, Manipulated Jobs Report,The Biden Years, [/tag]