The Bureau of Labor and Statistics (BLS) released the August Jobs Report [DATA HERE].
The topline is a net gain of 315,000 jobs with an increase in unemployment to 3.7%. However, the June and July jobs reports were revised down by 107,000 lower than previously reported, and if you look carefully at the data, you can see a serious problem.
Keep in mind, in the background is a release yesterday showing productivity within the economy dropping in the second quarter by 4.1%. [DATA] Combine the drop in productivity with higher wages of 5.7% and total wage costs per unit of business output are up 10.1%. Now we turn back to today’s employment release, and look at these three points of data:
(1) Unemployment for adult men and unemployment for Latinos increased in August. Adult men and specifically adult Latino men are losing their jobs. (2) The average number of hours worked in August dropped 0.1 hour to 34.5 hours. (3) Total employment amid those aged 16 to 19-years of age increased by 363, 000 in August:

The graphic is modified Table A-1 to focus on ‘age’
•Total economic productivity drops [biggest quarterly drop since 1948]. •Men and Latinos are losing jobs. •Average hours worked drops. •Teenage employment increases. What do these four facts tell you?
A total of 363,000 more teenagers started working in August, yet the total net gain in employment overall was 315,000 jobs. That should be the headline of the August 2022 jobs report.
After the initial shock wore off, I started thinking about what this means to the working-class people in my community.


One of the more challenging facets to awakening the general public on the scale of corruption within Washington DC is the need for people to drop party designations.
David Laufman was the former head of the DOJ-NSD and he specialized in the targeting process. Laufman was a primary player in the defense of Hillary Clinton against accusations of ‘national security violations’ as a result of her classified personal email use. Laufman sat in on, guided and shaped the FBI interview Hillary Clinton. Additionally, David Laufman is one of Christine Blasey-Ford’s Rehoboth “beach friends,” as outlined in the Judge Brett Kavanaugh confirmation hearings.