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Jobs Report Comes In at 199k — Majority of Jobs in Government and Government Funded Jobs

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The media will applaud *Bidenomics* for the jobs report but the reality is the majority of the jobs are government jobs and strikers returning to work. Employment in retail trade declined during holiday season are second and 3rd jobs and seniors coming out of retirement because people can’t afford Bidenomics’ astronomical inflation.

Government, healthcare, and education jobs are all funded by the government. Private sector jobs abysmally low.  This is unsustainable. The government has its fat finger on the scales.

Labor force participation is 62%.

Strip out strike snapbacks and government and healthcare  hiring – jobs added private sector 26,000. Take away 35K downward revisions to Sept – no job growth.


Source: https://gellerreport.com/2023/12/jobs-report-comes-in-at-199k-majority-of-jobs-in-government-and-government-funded-jobs.html/


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