Biden Admin Lied: Jan. Lost 2.5M Jobs, Didn’t Gain 500K

For those of us living in reality, it will not be a shock to find out that the Biden regime’s boasted January job gains are as fake as Biden’s election “win.” The economy didn’t gain over 517,000 jobs, it lost 2.5 million jobs. Seems the Biden regime conveniently left out the seasonal adjustment in its figuring.

Economic advisor Rich Dvorak explained on Twitter:

Rich Dvorak @RichDvorakFX

The Not Seasonally Adjusted print for monthly change in Nonfarm Payrolls was -2.5 million jobs. That means the headline +517K employment gain reported in January was driven entirely by a +3 million seasonal adjustment.

As MRCTV explained, Dvorak’s screenshot is from the “Federal Reserve Economic Data (FRED), which is run by the Federal Reserve Bank of St. Louis.” And “‘Everyone knows that holiday workers are always laid‐ off in January, sometimes less than usual’…If the Biden regime had bothered to include the jobs number without the ‘seasonal adjustment,’ our economy actually lost over 2.5 million jobs in January.”

Many of us working multiple jobs or struggling to buy food were probably suspicious of the touted job numbers (unlike most of the media, sadly), and we were right. The Biden regime is just lying to cover another epic fail.