Hey, good morning to you.

It's Saturday, September the 6th.

I'm Ali Velshi, and this week's economic news was a good reminder of the 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 he fired the head of the Bureau of

Labor Statistics, August's job report was even worse. The labor market added just 22,000 net new

jobs in August. Forecasters were expecting 75,000, which also would have been low,

and the unemployment rate rose slightly to 4.3%. That's the highest since 2021. Revision's to previous

months reports also meant that the labor market actually lost jobs, 13,000 jobs in June. That's the first time that's happened since the pandemic.

In fact, because Donald Trump lies so much about the economy, here's an actual verified look at job growth by month for the past five years.

Let's go back to 2020. We saw lots of job growth in 2020. This, of course,

is just after the recovery of the beginning of the COVID-19 shutdown. So a lot of job growth

in the beginning. Then that's December of 2020, where you see the last significant set of job

losses in a given month. Then this is 2021, 2022.

You can see there's generally job growth all around 2023, all the way over here to 2024,

and come all the way over here.

This is May of 2024, a little job gain, and then June of 2024, a job lost. Now we're in, we're just finishing

August and let's see where this goes. But you can, you can very clearly tell there's a down swing

in job creation. Now, the huge gains, as I said, at the start of the market were when we recovered

from a COVID-19 pandemic. And here's the thing about the monthly jobs numbers

that are compiled by the Bureau of Labor Statistics. You usually see, if you're not an economist,

...