Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Biden’s BLS Claims Economy Added 263,000 Jobs Last Month While ADP Reported a Gain of Only 127,000 – Another Big Discrepancy

by December 2, 2022
December 2, 2022
Biden’s BLS Claims Economy Added 263,000 Jobs Last Month While ADP Reported a Gain of Only 127,000 – Another Big Discrepancy

At the beginning of every month, we have two jobs reports that traditionally come out.  On the first we get the “official” numbers told to us by the Federal Government.  The day before that we get numbers from the ADP.  Typically, the numbers are very similar with variations between the two reports almost always below a 50k job difference.

In January 2022, the ADP originally claimed we lost 301,000 jobs.  Other institutions, such as Goldman Sachs, predicted similar losses in that month at 250,000 jobs lost.  Some experts, according to CNN, had predicted perhaps 150,000 jobs added.

It was beyond shocking when the next day CNN reported a gain of 467,000 jobs, defying every single known prediction by a landslide, and completely contradicting their own publication from the day before.  They swallowed that news like a spoonful of sugar, never once questioning anything.  Both articles can still be found here and here.

 

Fast forward to this month and we have yet another discrepancy, although this time not nearly as dramatic.

Yesterday, the Gateway Pundit reported on ADP’s published report that showed we lost 100,000 manufacturing jobs but gained, overall, 127,000 jobs.

Today, the Bureau of Labor Statistics published numbers that were, once again, significantly off from the ADP numbers reported and higher than expected.  Yet, these numbers were the lowest since December 2020 and tied with March 2021, according to Zerohedge:

It was supposed to be the lowest payrolls report since December 2020 and… it was, but not how the market expected. With consensus expecting a 200K print (and whisper predicting much lower amid the mass tech layoffs), virtually nobody – not even Goldman – expected anything resembling a beat. And while we did in fact get the weakest print since Dec 2020 (and tied with March 2021), the report was a completely unexpected beat to expectations, coming in at +263K, this was a huge beat to expectations of 200K (the 7th consecutive beat) and just barely a drop compared to the upward revised 284K last month.

As ADP reported, the biggest gains for November were in hospitality, healthcare, and government.

This was the 7th consecutive month that the “official” jobs report beat the predicted numbers.

The post Biden’s BLS Claims Economy Added 263,000 Jobs Last Month While ADP Reported a Gain of Only 127,000 – Another Big Discrepancy appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
HE JUST CAN’T LET GO! Groper Joe Biden Gets His Groove On with Macron’s Wife – Embarrassing America Once Again (VIDEO)
next post
Nurse Sentenced to 6 Mos. in Prison After Injecting 10,000 Patients with Saline Rather than COVID Vaccine – Still Unclear How Many Came Down with COVID after Saline Shot

You may also like

Alleged Chinese scheme to influence 2020 election for...

June 17, 2025

CALL TO ACTION: DC Mayor Muriel Bowser Refuses...

December 8, 2022

Here We Go… CDC is Sounding the Alarm...

September 20, 2022

GOP senators rally behind Hegseth after Signal chat...

March 28, 2025

Paul Pelosi Exercised $1 Million to $5 Million...

October 18, 2022

Mark Levin Blasts Mitch McConnell for Ignoring and...

October 24, 2022

Comer to create DOGE subcommittee chaired by Marjorie...

November 21, 2024

International Criminal Court: 20 years, billions spent, limited...

May 24, 2024

Mississippi State Football Coach Mike Leach in Critical...

December 13, 2022

Border Patrol union head says reported Biden plan...

September 10, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump turns to Supreme Court in fight to oust Biden-era consumer safety officials

      July 3, 2025
    • Bush teams up with notorious Trump foes to trash ‘colossal mistake’ shuttering USAID

      July 2, 2025
    • Trump’s ‘big, beautiful bill’ stalls in House amid conservative mutiny threats

      July 2, 2025
    • Democratic doctors’ protest against Trump’s ‘beautiful bill’ derailed by flood of US Capitol tourists

      July 2, 2025
    • Missed Disney’s Rally? Grab This Defined-Risk Put Spread for a Second Chance

      July 2, 2025
    • Market Signals Align – Is a Bigger Move Ahead?

      July 2, 2025

    Categories

    • Business (8,365)
    • Investing (2,094)
    • Politics (15,921)
    • Stocks (3,187)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved