The federal government released official job data for October on Friday – and President Donald Trump more than doubled it in subsequent praise on Twitter.
Experts scratched their heads at the president's creative calculations and Trump was quickly blasted online for his "fuzzy math" and "Trump University economics." An economist said the figures prepared "are not related to any empirical reality."
The Trump administration's Department of Labor reports that 1
But the numbers weren't good enough for Trump. He thus touted that the nation had added 303,000 jobs. (Daughter Ivanka Trump is left with the official 128,000 figure in her own tweet.)
Later, the White House explained its bloated math. He arbitrarily filled the numbers with 60,000 jobs that employees say were lost directly or indirectly in the General Motors strike. Then, for good measure, she added in adjustments to jobs from previous months (though she did not subtract adjustments from previous months). It also adds to the 20,000 temporary census workers who no longer work.
"The statement makes little sense and is not tied to any empirical reality," Joseph Brussuelas, chief economist at RSM's international accounting conglomerate, told Politico.
"The financial media must prepare for much more gas coverage of employment data next year when the Census Bureau will hire more than 500,000 to conduct decades of census," warned Brucewell. "Economists like me will always interpret the change in employment at the top of the line excluding the census, but given what I have observed today, I do not expect this from the White House."
Trump received some major blast. on Twitter, including by Chris Lou, Deputy Secretary of Labor for former President Barack Obama.
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