by Michael Snyder, The Economic Collapse Blog:

This is my rebuttal to those in the federal government and elsewhere that are attempting to claim that the job market is in good shape.  No matter how many workers get laid off, the Bureau of Labor Statistics always seems to find a way to post a positive jobs number each month.  We were told that the U.S. economy somehow added 256,000 jobs in November even though Challenger, Gray & Christmas determined that the number of layoffs in November 2022 was actually 417 percent higher than it was during the same month a year earlier.  And even though the tsunami of layoffs continued in December, the Bureau of Labor Statistics is telling us that the U.S. economy somehow added 223,000 jobs last month.  It is almost as if there is a certain number that the BLS refuses to go below.  For each of the last five months, the number of jobs that the U.S. has “added” has miraculously come in between 200,000 and 300,000 each time.  But meanwhile large companies all over America have been laying off workers at a staggering rate.