This latest jobs report is a disaster for the Biden-Harris Administration.
It’s the lightest jobs report since December of 2020.
Inflation continues.
Unemployment high.
Americans struggling.That’s Bidenomics! pic.twitter.com/jM0SC3H1jH
— Rep. Wesley Hunt Press Office (@RepWPH) November 1, 2024
- The U.S. economy added only 12,000 non-farm payroll jobs in October 2024, significantly below the 113,000 jobs economists had predicted.
- This marks the lowest monthly job growth since December 2020, nine months into the COVID-19 pandemic.
- Private sector payrolls declined by 28,000 jobs, contrasting with the anticipated 90,000 increase.
- Job growth figures for August and September were revised downward by a combined 112,000, indicating a sluggish labor market.
- Alfredo Ortiz, President of the Job Creators Network, described the report as the “worst jobs report since the COVID-19 pandemic.”
- Despite the significance of these figures, NBC Nightly News did not cover the story in its broadcast.
- In contrast, ABC World News Tonight and CBS Evening News provided coverage, though they cited factors like hurricanes and the recent Boeing strike as contributors to the low job numbers.
- NBC’s omission has led to accusations of shielding Vice President Kamala Harris and the Biden administration from negative economic news ahead of the election.
- Charles Payne of Fox Business highlighted the administration’s habit of touting job growth only to revise those numbers lower months later, suggesting that October likely saw a net loss of jobs.
- Payne also noted that experts’ estimates should have accounted for factors like hurricanes and strikes, questioning the accuracy of the initial predictions.
- Instead of addressing the BLS data, NBC focused on a separate story involving former President Donald Trump, raising questions about the network’s editorial priorities.
- Conservative groups have urged viewers to call NBC News and demand accountability for the omission.
- The lack of coverage has sparked a broader debate about media bias and the responsibility of news organizations to report significant economic data.
- Critics argue that failing to report on such important information undermines public trust in media outlets.
- The controversy continues to unfold as viewers and media watchdogs scrutinize NBC’s editorial decisions.
Jobs Report is a disaster and its disingenuous to assume “experts” that contributed to consensus didn’t factor into their estimates hurricanes and strikes.
Moreover, huge negative revisions continue to reveal a much weaker labor market than the media and economists portray. pic.twitter.com/bf8RKJ6gMa
— Charles V Payne (@cvpayne) November 1, 2024
Stolen Liberties & Echoes of Freedom. 2nd American Revolution Begins – A short story by CK Sheldon, for Whatfinger News….
