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Transcript
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SPEAKER 1
Welcome to the All Facts Matter podcast, where we push back against corporate media propaganda with facts, evidence, and data. I'm Peter, the author of All Facts Matter. Let's begin. It is the start of a new month, and so, once again, it is time to deconstruct the Bureau of Labor Statistics Employment Situation Summary Report.
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Time to peel back the many layers and scrutinize the good, the bad, and the ugly of America's labor markets. The jobs report itself reminds us yet again why we must delve into the detail, as the lead paragraph does an excellent job of suggesting America's labor markets are in good shape.
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It reports that total non-farm payroll employment rose by 151,000 jobs in February, and the unemployment rate itself changed little at 4.1%. But after last month's exercise in massive amounts of Lou Costello labor math, we are well advised to take that first paragraph with several grains of salt. Alas, when we do peel back the layers of data,

No Joy In Employment Data (Video)

The Jobs Recession Gets Deeper

The jobs recession in the US economy is undeniably getting progressively deeper. This country is continuing to shed jobs, and not just DOGE-derived layoffs of DC Swamp Rats.

Corporate media prefers propaganda and spin, and cannot resist anti-Trump cynicism, but the jobs recession remains the sober reality of the Employment Situation Summary Report.

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