The Serial Liar

Biden second-quarter job numbers off by 1 million, Philadelphia Federal Reserve Bank says

The Biden administration vastly overstated its estimate that employers created more than 1 million jobs in the second quarter of this year, claiming historic job growth when in fact hiring had stalled, according to a new estimate.

Job growth was “essentially flat” in the second quarter with only 10,500 jobs added, the Federal Reserve Bank of Philadelphia said.

Biden continually lies about everything and he always gets a pass from the main stream media.

The Philadelphia Fed’s new assessment shows that employment numbers in 29 states and the District of Columbia were significantly lower than the Bureau of Labor Statistics reported for the March-through-June period.

The BLS, a division of the Department of Labor, estimated net job growth of 1,047,000 jobs in the second quarter. The Philadelphia Fed now says its data shows that 10,500 net jobs were created in that period.

• Biden said, "“In the second quarter of this year, we created more jobs than in any quarter under any of my predecessors in the nearly 40 years before the pandemic. This was his lying attempt to better Donald J. Trump

• Republican Sen. Rick Scott of Florida called the development “outrageous.”

• Mark R. Levin @marklevinshow said the "SOB is a serial liar."

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