How Unemployment AND Employment Are Rising... At The Same Time

Video Description

Get Proton Mail & Proton Drive together for FREE! Keep your emails and cloud storage secure with end-to-end encryption: https://proton.me/howmoneyworks ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #jobs #career #money * Sources * https://www.bls.gov/news.release/pdf/empsit.pdf https://www.sca.isr.umich.edu/ https://www.conference-board.org/topics/employment-trends-index/index.cfm https://www.hiringlab.org/2026/04/03/march-2026-jobs-report-a-bumpy-road-and-a-moving-finish-line/ https://www.challengergray.com/wp-content/uploads/2026/04/Challenger-Report-March-2026-1.pdf https://www.federalreserve.gov/monetarypolicy/beigebook202602-summary.htm https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20260596.pdf https://fred.stlouisfed.org/series/PAYEMS https://www.wsj.com/economy/jobs/march-jobs-report-unemployment-dfd5d52f https://fred.stlouisfed.org/series/LNS12026619 https://www.piie.com/blogs/realtime-economics/2025/bls-investigation-challenges-yes-rigged-data-no https://www.bls.gov/bls/empsitquickguide.htm ----- Late last week, the Bureau of Labor Statistics released its monthly jobs report with some really good news… We had added an extra 178,000 jobs in the month before and unemployment had fallen by a modest .1%... But uhhh… this raised the obvious question… of how could that possibly be true? Consumer sentiment has hit its lowest level since the data was first collected (beating out the Height of Covid, the Global Financial Crisis and even the oil shock of the late 70s) The conference board survey found that the highest number of consumers ever considered jobs “hard to get” and Indeed's data team found that overall hiring was in an extremely defensive posture amongst the companies they service. Now perhaps all of these “sentiments” could be written off as bad vibes amongst people who don’t truly appreciate how hot this Economy is… except that, on top of all of this, there is the mountain of data that just straight up contradicts this number. In March alone (when we apparently “added” 178,000 new jobs) Companies announced over 60,000 job cuts, The Fed's internal data showed low hiring Weekly unemployment claims increased to 219,000 And in the exact same report from the BLS themselves they noted that the labor force had shrunk by 396,000. So just to make things clear, unemployment claims rose, companies cut jobs, the labor force shrunk… and yet the official jobs figure went… up… The overall trust in these figures has been waning for some time now as massive revisions become commonplace and we swing between massive gains and massive losses every single month. Even here on this channel I have spent more time than I would like to admit methodically reverse engineering the statistical technicalities that these government departments use to produce their numbers… because well… it’s really important to our everyday lives… But in this case, just basic arithmetic should prove that… something is going wrong here… either some combination of these numbers are just plain wrong, or they are so un-intuative or unreliable that they may as well be disregarded entirely…