The Jobs Reports are not Real Anymore

The Heresy Financial Podcast - A podcast by Joseph Brown

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Is anything even real anymore? Well, it turns out that increasingly the answer is no if it is an official statistic or number published by any government organization, and that is especially true of the recent jobs report. In this video, we are going to look through a few key metrics that the government and the Federal Reserve are looking at in terms of jobs and where unemployment is currently at in the United States of America. We're going to show how the situation is actually a lot worse than they think and this is especially dangerous because they're using these job numbers to continue to tighten. So, they're saying the jobs market is strong so we can still combat inflation and continue to tight when in reality, the jobs market is probably pretty weak.