by Michael Snyder,The Economic Collapse Blog:
I feel quite exasperated right now. Everyone knows that the economic numbers that federal bureaucrats in Washington are feeding us each month are fraudulent. It has been that way for a very long time. The employment numbers are a perfect example of this. Every month they give us a headline number that looks pretty good, and then months later they revise it much lower when nobody is paying attention. That is the game they want to play, and many of us understand that. But this latest stunt that they have pulled is absolutely astounding. More than a million U.S. jobs suddenly disappeared from the numbers, and they would like us to believe that this is perfectly normal.
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How are we supposed to have any faith in the numbers that the BLS releases each month if they are off by this much?
As Zero Hedgehas reported, nonfarm employment in the United States as of December 31st, 2025 was revised down from 159.546 million to 158.497 million…
Starting at the top, total US payrolls were revised dramatically lower starting with the Jan 2021 data and every month since, and net of the cumulative changesDecember 31, 2025 total nonfarm employment was revised lower by 1.029 million from 159.546 million to 158.497 million.
As expected, the bulk of the negative revisions took place in 2025,with negative revisions to 2024 amounting to -413K, 2023 was just -73K while 2021 and 2021 were revised modestly higher.
Focusing on 2025, the negative revisions to both the year and previous years, meant thatthe change in total jobs for 2025 was revised from an already low +584,000 to a shockingly low +181,000.
How can over a million jobs suddenly disappear?
Well, the truth is that they never actually existed in the first place.
Source: SGT Report