Good day. It's Saturday, September 6th. I'm Ali Valshi. This week's economic news was a good reminder of that

JZ lyric. Men lie, women lie, numbers don't. That's because a month after President Donald Trump claimed a

lackluster July jobs report was all caps rigged to make him look

bad and fired the head of the Bureau of Labor Statistics. August's job report, which we got

yesterday, was even worse. The labor market added just 22,000 jobs in August. Forecasters were

expecting about 75,000 jobs, which also wouldn't have been

great, and the unemployment rate rose slightly to 4.3%, which is the highest it's been since 2021.

Revision to previous months reports also meant the labor market actually lost 13,000 jobs in June.

That's the first time this has happened since the pandemic. In fact, because

Trump lies about the economy so much, here's an actual verified look at job growth by month for

the past five years. Take a look at this. On the left, that big gain in jobs was right after the

pandemic.

It was, we saw all these jobs coming back.

In December of 2020, you see a loss in jobs, one of the only losses we've had in several years.

Then look at what's going on through 2021, through 2022, through 2023, and 2024.

Now things start to slow down in 2025. Take a look at this.

You got May, where we've got a very small gain in jobs. Then you got June, which is negative.

You got July, and you've got another small gain in jobs in August. Now, here's the thing about the monthly job numbers

compiled by the Bureau of Labor Statistics. You, you, if you don't study them, probably just

see a few headline numbers. But if you look under the hood where our now paltry and possibly

negative job growth is coming from, that's not pretty either. I'll give you an example. The health care sector has

consistently added the most jobs to the economy, but it's almost always the case, even when the

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