Unemployment Craters
Great MAGAnomic payroll numbers were released the other day. ADP/Moody’s private payroll analysis shows 227,000 jobs gained in October, and September’s revised actual payroll numbers increased from 218k to 230k.
It is interesting to note that during this economic expansion under PDJT payroll numbers are consistently underreported. Almost every month numbers are revised upward from the previous month. In some cases the numbers were more than 40% off. This contrasts strongly with the Obama administration where numbers were often revised downward.