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September 05, 2024

Do we need to say he lied/lies.......

Trump falsely claims that 1.3 million workers have "become unemployed" in the past 12 months

From CNN's Alicia Wallace

In a speech Thursday, former President Donald Trump greatly overstated the number of people who lost their job in the past year.

Trump falsely claimed that “1.3 million workers have become unemployed in the past 12 months” when speaking at the Economic Club of New York.

Trump appears to be citing data from the Bureau of Labor Statistics’ survey of households, which is one of two surveys that feeds into the monthly jobs report. As of July 2024, the estimates from the household survey show there were 7.163 million “unemployed persons,” an increase of 1.259 million from July 2023.

People are classified as “unemployed” if they do not have a job, were available for work and have actively tried to find work. In addition to permanent and temporary job losers, the BLS’ definition of unemployed includes people who have newly entered the labor force, as well as those who have re-entered the workforce.

Through the 12 months that ended in July, that 1.259 million increase was broken down as follows:
  • Temporary layoffs +339,000
  • Permanent job losers +284,000
  • Completed temp jobs +164,000
  • Job leavers +1,000
  • Reentrants +292,000
  • New entrants +116,000

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