The Great Labor Market Lie

Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In today's episode, Joe explores the latest candidates for "worst data manipulation of all time" as he breaks down the lies and damned lies from the statisticians tasked with reporting on the US labor market.

New YouTube videos M/W/F — New Substack posts T/R/S

The Bitcoin Layer is brought to you by River and Foundation Devices.

Visit https://river.com and start buying today, or visit https://river.com/TBL for $5 free when you sign up and buy $100 in Bitcoin.

Go to https://thebitcoinlayer.com/foundation to receive $10 off your purchase of a Passport by Foundation Devices, the most intuitive bitcoin wallet on the market today.

Subscribe to TBL on Substack: https://TheBitcoinLayer.substack.com
Follow TBL on Twitter: https://twitter.com/TheBitcoinLayer
Follow TBL on LinkedIn: https://linkedin.com/company/TheBitco...
Follow TBL on Instagram: https://instagram.com/TheBitcoinLayer
Follow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayer
Subscribe to The Bitcoin Layer on your favorite podcast platform.
Subscribe and turn on notifications for TBL on YouTube.
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merch
Sign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistory

Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg

Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
Creative Director Matthew Ball's Twitter: https://twitter.com/matthewrball

Block Height 810952

#TheBitcoinLayer #NikBhatia #JoeConsorti #Labor #LaborMarket #Reports #Reporter #Lies #Banks #Bank #CentralBanks #LegalTender #CBDC #Economics #Payments #Educator #Teacher #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Blockchain #BitcoinMining #Macro

The Bitcoin Layer and its guests do not provide investment advice.

Chapters:
00:00:00 - The Misleading US Job Market Growth
00:01:45 - Bitcoin and River.com TBL
00:03:22 - Rising number of people holding two full-time jobs
00:04:58 - The Wage Cage
00:06:40 - Unemployment Rates and Missing Workers
00:08:17 - Misleading Headline Data
00:09:54 - Job Addition in the US Government
00:11:42 - Manipulation of Data in US Job Market
00:13:19 - The Impact of Inflation on Earnings and Job GrowthSubscribe to The Bitcoin Layer on Soundwise