The latest revisions to payroll data show the U.S. economy added just 44,000 private-sector jobs in October

The latest revisions to payroll data show the U.S. economy added just 44,000 private-sector jobs in October

The three-month average for private sector hiring was 115,000 in December, matching the lowest level since the economy reopened in 2020 pic.twitter.com/SehwZ0HAf2

— Nick Timiraos (@NickTimiraos) January 5, 2024

This bolsters the point made by Peter St. Onge that the productive sectors of the economy are shrinking. 

OLD COOKBOOKS: Post WWII when they cooked real food and nothing was wasted

I collect old cookbooks. This one is ©️ 1947 called "Let's Cook It Right: good health comes from good cooking" by Adele Davis. Post WWII when they cooked real food and nothing was wasted. pic.twitter.com/qCB3B7H8t5

— Gina Bobbolina 🇺🇲 💪🏼 (@BruceLabsYanks) January 5, 2024

Let's Cook It Right: Good Health Comes from Good Cooking, Adelle Davis, 1947.  Archived here.

Real ingredients. Except instant coffee, tea, cocoa, pie, biscuit, cake, pudding "mixes." Worst thing I could find is called "process American Cheddar cheese" ..maybe precursor of Velveeta? Drawings like this for beef, pork, lamb. Chapter on how to carve. Big chapter on canning pic.twitter.com/Fy73DwzNp3

— Gina Bobbolina 🇺🇲 💪🏼 (@BruceLabsYanks) January 5, 2024

These builders are absolute scabs.

These builders are absolute scabs.
And don’t give me guff about them just doing a day’s work. They’re doing the devil’s work. https://t.co/jK0OGgeOSO

— Molly B 🐝 Unhackable Human (@OldNormality) January 4, 2024

Meanwhile in Paris.

It’s coming…. https://t.co/l53XSuJKzF

— 🇺🇸Sheri (@SheriCarter18) January 5, 2024

BREAKING: Massive FBI raid conducted on the compound of an Epstein client. Just kidding. This was a manhunt to find a January 6th protestor in NJ.

Enemy of the people. https://t.co/6infPOnjV5

— Catturd ™ (@catturd2) January 5, 2024

The November 2023 jobs number was revised lower, from 199,000 to 173,000. The October jobs report was also revised lower from 150,000 to 105,000.

The finest statisticians government money can buy ✌️ https://t.co/fD2JFCiHy4

— Peter St Onge, Ph.D. (@profstonge) January 5, 2024

JUST IN: 10 of the last 11 months have seen downward revisions in their jobs number, according to Zerohedge. The November 2023 jobs number was revised lower, from 199,000 to 173,000. This means that the November jobs report actually missed expectations of 180,000. The October jobs report was also revised lower from 150,000 to 105,000. This means that the October jobs report was an even bigger miss than expected. For September, the jobs number was revised lower by 74,000 jobs.

What is happening here?