The Numbers Say Recession, But the Bureaucrats Say "Relax" The November jobs report should have been a wake-up call. Instead, it was spun into just another technical anomaly. According to the Bureau of Labor Statistics, unemployment rose to 4.6%, the highest it’s been since 2021. We lost a net 105,000 jobs in October, and only gained 64,000 in November. But don’t worry, say the economists — it’s just a quirk in the data. We’re being told that the job losses were due almost entirely to federal government cutbacks at the end of the fiscal year. On paper, 162,000 federal jobs disappeared in October, thanks to a buyout program known as DOGE. That’s the excuse. And while that may account for…
Continue reading as a Citizen
Dedollarize News is free to read for signed-up members. Become a Citizen to finish this article, save what matters, and get the daily “While You Were Distracted” briefing.
No credit card required.
