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Yes, It’s Another Fake Jobs Report

Yes, It’s Another Fake Jobs Report
President Joe Biden delivers remarks at the White House in Washington on Oct. 6, 2023. Kevin Dietsch/Getty Images
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Commentary

Every month, the problem seems to get worse. The Bureau of Labor Statistics (BLS) comes out with a big headline number of utter joy, and the news media repeats it like parrots. Wall Street, consumed by traders desperate to be first, buys like mad in light of the news, even though the smart people know it’s likely fake news.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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