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How Have the Jobs Numbers Have Been Fake All Along - An Explainer

Eric Blair Sep 10, 25

🚨 The Biggest Job Revision Since the Great Recession

Earlier this week, the Bureau of Labor Statistics (BLS) quietly admitted something big: it overstated job growth by 911,000 jobs for the 12 months ending in March 2025. That’s not a typo. It’s the largest downward revision on record — even worse than anything reported during the 2008–09 financial crisis.

What does that mean? It means that throughout 2024, when the media and politicians were bragging about six-figure job growth every month, half those jobs didn’t actually exist.

Here’s what they told us:

“We added 149,000 jobs per month!”

Here’s what really happened:

We added about 75,000.

📉 This Isn’t a One-Time Mistake — It’s a Pattern

This is not an isolated error. It’s the third major revision in as many years:

2023 revision: -818,000 jobs
2022 revision: -306,000 jobs
2025 revision: -911,000 jobs

That’s nearly 3 million phantom jobs that were reported as real, only to vanish months later.

These numbers weren’t just background noise. They were used to shape the entire economic narrative:

The Fed pointed to “strong job growth” to justify interest rate decisions
The media told Americans they were wrong to feel financially squeezed
The Biden administration claimed it created “6 million jobs” — based on now-debunked numbers
Even Trump’s Labor Secretary praised fake March 2025 numbers as “blowing it out of the water”

The narrative? “The economy is booming.”
The reality? It was limping.

📺 Why the Media Pushed the Lie

This entire fiction was sold to the public through a coordinated cheerleading effort by so-called “experts” and legacy media outlets.

Economist Mark Zandi called the 2024 economy “picture perfect.”
Washington Post’s Heather Long gushed about “blockbuster” jobs reports.
Newsweek insisted the U.S. economy was “better than you think.”

But these “blowout” job gains turned out to be statistical ghosts. And when ordinary Americans said, “It doesn’t feel like a recovery” — they were gaslit.

“Why don’t these dumb Americans appreciate how good they have it?” asked the pundits.
Maybe because those jobs never existed.

💼 “Low” Unemployment? That’s a Mirage Too

You might be thinking, “Well, at least the unemployment rate is low, right?” Think again.

That figure is based on a different survey — the household survey, which looks at people instead of jobs. But it has problems too:

It doesn’t count 6.3 million discouraged workers who've stopped looking for work
It’s blind to the 8 million multiple job holders now scraping by with side gigs
It had a massive population adjustment in January 2025 that artificially boosted employment figures
The labor force participation rate is falling, which hides how many people are actually out of work

Even using the household survey, the number of employed Americans has dropped by 500,000 since January. And yet — the unemployment rate hasn’t budged. Why? Because fewer people are even counted as “in the workforce.”

In other words, the unemployment rate is only low on paper.

🧮 Two Broken Surveys = One Big Lie

There are two official job surveys:

The Establishment Survey – counts jobs (even part-time and second jobs).
The Household Survey – counts people (whether they’re working or not).

Both are subject to huge revisions, and both have been used to build a completely fictional picture of economic strength.

Worse yet, these deeply flawed numbers are used to:

Guide interest rate decisions
Justify deficit spending
Shape government narratives
Move markets on Wall Street

That’s not just bad data — it’s weaponized economics.

🏗 Central Planning Built on Sand

The core problem here isn’t just that the numbers are wrong — it’s that our entire economic system relies on these wrong numbers to make critical decisions.

Each month, the BLS releases a headline number — say, “200,000 new jobs.” Wall Street rallies. The Fed sets interest rates. Politicians claim victory.

But two or three months later, we find out the real number was 90,000. Or worse. And by then, the damage is done.

This is why central planning doesn’t work — not because the people running it are dumb, but because the data they're using is always outdated, always wrong, and always revised too late.

As Austrian economist Ludwig von Mises explained decades ago: no government can efficiently run an economy from the top down. Price signals and voluntary exchange work. Fake stats and political manipulation don’t.

🛡 How to Protect Yourself in a Rigged System

You can’t fix this broken system — but you can protect yourself from it.

Start by downloading Bill Brocius’ free guide: “7 Steps to Protect Your Account from Bank Failure”. It’s a practical, no-nonsense breakdown of how to guard your wealth from crumbling institutions.

Then, if you’re serious about staying ahead of the next lie, the next crash, and the next “unexpected” revision — join Bill’s Inner Circle for just $19.95/month. You’ll get uncensored insights, actionable strategies, and early warnings straight from the most trusted voice in independent finance.

And if you haven’t already, read his book:
📘 End of Banking As You Know It — it’s not a prediction; it’s a roadmap for the future we’re already living in.