Biden Brags About September Jobs Report As Nearly 900K Full-Time Jobs Have Been Lost

President Joe Biden gloated about the September jobs report Friday, saying the total was “better than expected” as many full time jobs were lost.

“The U.S. economy added 336,000 jobs in September, the Labor Department said. Economists polled by Dow Jones expected 170,000 jobs. To be sure, wages rose less than expected last month.” CNBC reported.

The actual jobs report shows many of those added were seasonal and part-time work.

“Take Leisure & Hospitality. Official adjusted data shows this add +96k jobs. But unadjusted data shows sector shed 466k jobs in Sep. Unadjusted private sector payrolls was -399k,” Vanda Research FX trader Viraj Patel said.

⚠️ I wonder how much of the payrolls upside is to do with seasonal quirks more than anything. Take Leisure & Hospitality. Official adjusted data shows this add +96k jobs. But unadjusted data shows sector shed 466k jobs in Sep. Unadjusted private sector payrolls was -399k 🤷‍♂️ $USD pic.twitter.com/ME1VFf4RHp

— Viraj Patel (@VPatelFX) October 6, 2023

BIDEN: "Inflation's coming down!"

When Biden took office, inflation was 1.4% and gas was $2.39/gal. Today, inflation is 3.7% and gas is $3.75/gal. pic.twitter.com/o7TS4mAaG7

— RNC Research (@RNCResearch) October 6, 2023

From The Gateway Pundit:

After last month’s stunning payrolls report, when in our post-mortem we revealed not only a year full of monthly downward data revisions, but also collapse in tull-time jobs and surge in part-time jobs, as well asalso the worst unadjusted August payrolls since the great recession, we thought that nothing could shock us any more. And then we got the September jobs report.