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Comment by HarHarVeryFunny

These jobs lost/gained and unemployment statistics, especially on a monthly basis, and when the numbers are so small, are just noise. Seasonal adjustments alone (baseline assumptions on how many people should be employed) make them meaningless, as does the government definition of being unemployed or looking for work.

As far as the government is concerned if you have been looking for a job for so long and/or are so discouraged that you stop looking, then you are no longer "unemployed" since you are not looking for a job.

If you are software engineer who has not been able find a software job, and are now flipping burgers to at least have some income, then you have also dropped off the government stats since you now have a job.

And then you have the current president's habit of just lying about everything, and threatening anyone who doesn't support his lies, and it seems we have truly entered a post-truth world where "alternate facts" rule the day.

When you read headlines of companies laying off thousands of employees, that's real. When the government says they've retroactively adjusted their seasonally adjusted fake news, then not so much.

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