Unfortunately, the above chart underscores how the jobs recovery has been spearheaded by cheap labor since 2009, with job gains going disproportionately to the least educated and, of course the lowest-paid workers, many of whom have to work multiple jobs to simply make ends meet. And, you know those 255,000 jobs that were added in July. Guess what? 112,000 of those jobs were a guess by the Bureau of Labor Statistics (BLS), based on its Birth/ Death estimate of new jobs. That is, the BLS believes that of the 255,000 new July jobs that were created, 112,000 is believed created by new business startups versus businesses that have closed. In other words, 112,000 supposed new jobs are simply a fabrication by the BLS. Then again, who really cares. The majority of individuals (sheep) are simply too ignorant to do basic research, or call out the lies spurring from the BLS.
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