Typical for Donald Trump bull shit fronting….
President Trump spurred confusion Friday after he tweeted about a “blowout” 303,000 jobs figure — minutes after an official government report said the economy added 128,000 jobs in October.
The estimate by the Bureau of Labor Statistics (BLS) was good news for the administration, as its report on last month’s job gains was far greater than the gain of roughly 85,000 jobs projected by economists.
“Wow, a blowout JOBS number just out, adjusted for revisions and the General Motors strike, 303,000. This is far greater than expectations. USA ROCKS!” Trump tweeted
BLS revised the August and September job gains up by 95,000 workers, and most of the 42,000 auto manufacturing jobs frozen during the GM strike are likely resume in time for the November jobs report to be calculated.
White House spokesman Judd Deere told The Hill in an email that Trump’s figure also included an additional 18,000 GM workers not reflected in the BLS report, and 20,000 temporary Census workers who completed their work in October.
Economists say Trump’s calculations do not paint an accurate picture of an already-strong labor market.
“Those were wildly inaccurate,” said Joseph Brusuelas, chief U.S. economist at audit and accounting firm RSM. “This is what we’d call ‘fake data.’”….