- 5 days ago
CTP (S3E133) Unemployment Versus Labor Participation Rate (Left Fudges Numbers)
Exploring more of the fascinating intersection of Activism, Community Engagement, Faith / Religion, Human Nature, Politics, Social Issues, and beyond
We pull apart the jobs headlines to show why the unemployment rate can mislead and why labor force participation tells the real story. We also walk through inflation basics, why prices rarely fall back, and how factory timelines shape job growth.
• why labor force participation matters more than the unemployment headline
• how dropouts from job searches distort unemployment
• why unemployment can rise during a healthier job market
• inflation measurement versus lived prices
• investment cycles, factory buildouts, and hiring timelines
• consistent baskets and long-run tracking for clearer inflation signals
• practical markers to watch beyond one-month data
https://tinyurl.com/SubscribeToCTP
CTP Audios: https://tinyurl.com/CTPonBuzzsprout
CTP Videos: https://tinyurl.com/JLDonBITCHUTE
https://tinyurl.com/CTPgear
Exploring more of the fascinating intersection of Activism, Community Engagement, Faith / Religion, Human Nature, Politics, Social Issues, and beyond
We pull apart the jobs headlines to show why the unemployment rate can mislead and why labor force participation tells the real story. We also walk through inflation basics, why prices rarely fall back, and how factory timelines shape job growth.
• why labor force participation matters more than the unemployment headline
• how dropouts from job searches distort unemployment
• why unemployment can rise during a healthier job market
• inflation measurement versus lived prices
• investment cycles, factory buildouts, and hiring timelines
• consistent baskets and long-run tracking for clearer inflation signals
• practical markers to watch beyond one-month data
https://tinyurl.com/SubscribeToCTP
CTP Audios: https://tinyurl.com/CTPonBuzzsprout
CTP Videos: https://tinyurl.com/JLDonBITCHUTE
https://tinyurl.com/CTPgear
Category
🗞
NewsTranscript
00:00Hello, welcome to another episode of First Institutionalist Podcast.
00:06I am your host, Joseph M. Leonard.
00:10That's L-E-N-A-R-D at the French.
00:13It's not, it's Leonard without an O.
00:17Thank you for tuning in, as Graham Norton used to say, on his show.
00:24Let's get on with the show!
00:26Hello! Hello, gang! How are you doing?
00:30This is a cheat segment.
00:34I am recording this as a lead-in to a standard Saturday show
00:43that is going to now air through the audio platforms,
00:5125-plus, of First Institutionalist Podcast.
00:56What was formerly a CTP video exclusive
01:01that I feel needs to go out as a regular show.
01:07So, bear that in mind, when recorded, it was a video exclusive.
01:12So, the dates, it could be from a month ago,
01:20it could be from a couple months ago.
01:22So, bear that in mind.
01:25When you hear things regarding time frames,
01:28it may be from a while ago.
01:32So, particular references may be a little dated.
01:38And this segment of cheat, right?
01:41I'm recording it.
01:43I'll be using it with several video exclusives
01:48turned Saturday episodes.
01:50Without further ado, let's get on with the show!
01:56Unemployment.
01:58Jobs numbers.
02:00We just got more jobs numbers today.
02:02I wanted to explain something
02:05because there's a whole lot of people that don't know.
02:08And, of course, with the left,
02:10they don't know.
02:12They don't want to know.
02:13They don't care to know.
02:15They just want to take numbers,
02:18regurgitated by CNN and the MSN Basils,
02:23and twist and warp them to be applied,
02:27in this case TDS style, against Trump,
02:30or previously to make Biden or Obama look better
02:37or to previously attack G.W. Bush
02:40or, you know, going all the way back to Carter and Reagan, right?
02:45Prop up the Democrat, try to tear down the Republican.
02:49So, it's time we had a serious discussion about that.
02:54How is un...
02:56The bottom line of what I'm getting to here is
03:00what matters is the labor workforce participation rate.
03:07How that is measured.
03:10Are more people working than previously or less?
03:16More Americans actually have jobs
03:19and being productive parts of society?
03:22or more needing to potentially be put on in the cart
03:27and pulled given handouts
03:29because they're not employed,
03:32not currently employable,
03:34the Obama and Biden destruction of the economy,
03:39jobs contracting.
03:41All right?
03:42So, labor workforce participation rate
03:45is what really matters.
03:47And that's rising again.
03:49As generally happens during GOP administrations
03:54and usually goes down under Democrat administrations.
03:59But the left wants to use unemployment numbers.
04:05So, let's explain how that is a farce much of the time.
04:11How they are measured.
04:12If I'm working and the economy during Biden
04:18takes a downturn with runaway inflation
04:22and a lot of people...
04:24And, excuse me,
04:26I explained in the other video
04:28I had a rally burger and fries
04:31and, ooh, coming back to haunt me there.
04:33Apologies.
04:34All right?
04:35Uh, bad economy.
04:37People lose their job.
04:38The labor workforce participation rate goes down.
04:43The unemployment rate...
04:46Obviously, people lose their jobs.
04:48If they are going to the unemployment office
04:52where we think and expect they go to,
04:56the unemployment rate goes up
04:59because they're measured.
05:01However, the reality is...
05:04And here's where the numbers get fudged
05:08by the left when there's a Democrat administration.
05:11They did it during Obama now.
05:14They did it during Biden.
05:16Right after the whatever weeks
05:18they qualify for the unemployment check,
05:21if they stop going to the unemployment office
05:25or reporting online looking for a job,
05:31they go off the unemployment stat.
05:36The unemployment number artificially goes down.
05:41It's not that they are...
05:43aren't unemployed anymore.
05:46They didn't find a new job.
05:49It's that they stopped looking.
05:52They gave up.
05:53Your economy under Joseph Robinett by dumb
05:57was so bad people couldn't find jobs
06:00they temporarily gave up looking for a job.
06:05The unemployment rate,
06:07incorrectly, artificially,
06:10the way the morons measure it on purpose,
06:15goes down.
06:16Falsely.
06:17False indicator.
06:19Unemployment really didn't go down.
06:21The labor participation rate
06:24is lower and lower and lower
06:27under the Democrats.
06:30More and more people are actually out of work.
06:32They're just not measured.
06:35Now, conversely,
06:38you may hear soon,
06:41despite the jobs report,
06:44up.
06:45Labor participation rate,
06:47up because
06:49all kinds of new jobs
06:51are being created
06:52in this better
06:53Trump economy.
06:55Jobs are coming back
06:57and, yes,
06:57it will take
06:58inflation way down.
07:00Right?
07:01You had to slow it
07:02before you can work on
07:04reversing it
07:04and lowering prices
07:06and prices never go back
07:07to where they were before.
07:09Right?
07:09You're never going to see
07:10a 15-cent
07:12McDonald's hamburger.
07:13Right?
07:14Once something inflates,
07:15it generally doesn't come back down
07:18except for, yeah,
07:19like microwaves
07:20when they first came out,
07:22a couple thousand dollars,
07:24innovation,
07:26technology,
07:27they shrunk,
07:27they got better,
07:28prices came down.
07:29That's market forces
07:31and innovation.
07:33That's different
07:34than a regular commodity
07:36like a McDonald's burger.
07:39Used to be 15 cents.
07:41A&W mug of root beer
07:44used to be a nickel.
07:46I can remember
07:4649 cents a gallon gas.
07:49Guess what?
07:50It's never going back to that.
07:52Yes,
07:53good energy policy
07:54is starting to bring
07:56the price of gas down,
07:58but it's never,
08:00ever likely
08:01to go back
08:02to pre-Biden levels.
08:05That's just not
08:06how things work.
08:08There is normally
08:09a 2.2%-ish
08:12rate of inflation.
08:14That is the
08:15economically
08:16accepted,
08:18I'm not happy with it,
08:20but it's the
08:21basic accepted
08:22regular average
08:24rate of inflation.
08:25Things will always
08:26go up by this
08:27with some exceptions.
08:30Some go up
08:30less than that.
08:31Some go up
08:32way more than that.
08:34And especially
08:35if government
08:36subsidizes it
08:37because then
08:38there's an
08:38artificial bubble
08:39made and prices
08:40go way up
08:41like in education,
08:43like in healthcare
08:44because of Obama
08:45out there,
08:46right?
08:46But other things.
08:50Sometimes
08:51the price
08:51might come down
08:52because of
08:53a myriad of factors,
08:54but again,
08:55the likelihood
08:56they'll ever
08:56go back to
08:57where they really
08:58were
08:59is down
09:00near impossible.
09:01But what am I saying?
09:04Job numbers
09:04are great.
09:05Jobs are coming
09:06back.
09:08Investments
09:09are coming
09:09back.
09:10It's going
09:10to take time
09:11for factories
09:12to be expanding,
09:14for new factories
09:14to be built,
09:16for new jobs
09:17to come online
09:18and continue
09:19to raise
09:19the labor
09:23participation rate,
09:25the labor
09:25workforce
09:26participation rate
09:27will continue
09:28to go up
09:29as those other
09:30new jobs
09:31come online
09:32and more
09:32people
09:33have jobs.
09:36The point
09:36here
09:37is
09:37converse
09:38to
09:39unemployment
09:40could be
09:41artificially
09:42disguised
09:43lower
09:44because people
09:45are no longer
09:46looking for work.
09:47They can
09:48temporarily
09:48go up.
09:51How does
09:52that happen?
09:53And I expect
09:54there will be
09:55a period
09:55during Trump's
09:56second term
09:57it does
09:57and you will
09:58hear
09:59endlessly.
10:00The unemployment
10:01rate is up.
10:02Nothing about
10:03all the new
10:04jobs created.
10:05Nothing about
10:06the labor
10:07participation rate
10:08meaning more
10:09Americans are
10:10working.
10:11No.
10:12Unemployment
10:13went up.
10:14That's because
10:15some of those
10:16people who
10:17were taken
10:18from the
10:19unemployment
10:20rate before
10:21no longer
10:23looking
10:23show back
10:24up at the
10:25unemployment
10:25office and
10:26say oh
10:27hey
10:27the job
10:28market is
10:29better.
10:30I could
10:31probably find
10:32a job
10:33again now
10:33and become
10:34a productive
10:35member of
10:36society again.
10:37So guess
10:37what?
10:38They get
10:38added back
10:39onto the
10:39unemployment
10:40rate.
10:41Even though
10:41they've been
10:42unemployed
10:42for maybe
10:43three years
10:45they were
10:47on the
10:47unemployment
10:48rate.
10:50They were
10:51dropped off
10:52because they
10:53no longer
10:53were reporting
10:54they were
10:54looking for
10:55work but
10:56now that they
10:56show up
10:57again and
10:57say hey
10:58remember me
10:59I'm looking
11:00for a job
11:00again.
11:01Oh now
11:02you're part
11:03of the
11:03unemployment
11:04again.
11:04So the
11:05unemployment
11:05rate percentage
11:07supposed
11:08fake fraud
11:10misleadingly
11:11created
11:12way they
11:13measure it
11:14number goes
11:15up.
11:16I have no
11:17doubt you'll
11:18hear that
11:18during this
11:19second.
11:20You won't
11:20hear the
11:21explanation
11:21why.
11:22You will
11:23hear CNN
11:24and the
11:24MSNB
11:25sales.
11:26Oh
11:26unemployment
11:27rate is
11:28up again.
11:30They won't
11:31explain why.
11:32They know
11:33the numbers
11:34are fudged.
11:35They know
11:35the BS
11:36in the
11:36calculation
11:37but they
11:38want to
11:38mislead
11:40you.
11:40But now
11:41as Paul
11:41Harvey
11:42would say
11:42right now
11:43you know
11:44the rest
11:45of the
11:46story.
11:47You know
11:48the reality.
11:49Watch the
11:50labor
11:51workforce
11:52participation
11:53rate.
11:54That's the
11:55number that
11:56matters.
11:57That's the
11:57number that
11:58isn't fudged,
12:00hasn't changed,
12:01isn't manipulated.
12:03The numbers
12:04are the numbers.
12:05It's not well
12:06these people
12:07kind of sort
12:08of count but
12:09not really.
12:10No.
12:10You're either
12:11working or
12:12you're not.
12:13You're in that
12:14number or
12:14you're not.
12:15Because you're
12:16working or
12:17you're not
12:17working.
12:19The real
12:19number.
12:20It's like
12:21inflation rate
12:22under Biden.
12:24They changed
12:25the way it
12:25was calculated
12:26again.
12:28So inflation
12:29according to
12:30them was
12:319%.
12:32No.
12:33It was
12:33Jimmy
12:34Currier
12:34double-digit
12:36stagflation
12:37again.
12:38And how
12:39do you know
12:39that?
12:40Again,
12:41they fudge
12:42the inflation
12:44rate number.
12:45Well,
12:45we will
12:46count this
12:47towards prices
12:48going up and
12:49down.
12:49We'll count
12:49that towards
12:50prices.
12:51But that,
12:51no,
12:52we're not
12:52going to
12:52count that.
12:53No,
12:54we're not
12:54going to
12:54count that.
12:55And they
12:55change what
12:56they do or
12:57they don't
12:58count in
12:59the calculation.
13:01Fudge the
13:01numbers.
13:03The inflation,
13:04Bidenflation,
13:05was double-digit
13:06stagflation
13:07again,
13:08just like the
13:09Carter years.
13:11The number
13:12to watch,
13:13same with
13:15every president,
13:16Democrat or
13:18Republican,
13:19Republican Congress
13:21or Democrat
13:21Congress,
13:22since World War
13:24II,
13:25the bushel
13:25basket
13:27index.
13:28The same
13:30items
13:31every year,
13:33what are the
13:33prices?
13:34Here's what it
13:35costs for
13:36that bushel
13:37basket of
13:39items.
13:39Hasn't changed
13:41since World War
13:41II.
13:42It was
13:43B,
13:44then it
13:45became C,
13:46then D,
13:46then E,
13:47then F.
13:49It's like
13:49the left
13:50doesn't want
13:51you hearing
13:51Walmart
13:52turkey packages,
13:55right?
13:55They put
13:56together a
13:57bundle of
13:58Thanksgiving-related
14:00items.
14:01Biden years,
14:02it costs
14:03more than
14:04ever before
14:05in the history
14:06of that
14:08measurement.
14:09Now,
14:10under Trump,
14:11with good
14:12policy,
14:13some,
14:14not all
14:15prices,
14:15some prices
14:16coming down,
14:17not as far
14:18as we'd like
14:19them,
14:19but again,
14:20they're never
14:20going back
14:21to McDonald's
14:2115 cents,
14:23or a mug of
14:24Rubeira at
14:25A&W for a
14:25nickel.
14:26You're never
14:27going to find
14:27gas for 49
14:28cents a gallon
14:29again.
14:30Perspective,
14:31reality,
14:33versus left
14:33delusion and
14:35fantasy,
14:36communomics.
14:37the Walmart
14:41turkey stuff
14:43package.
14:44This
14:44Thanksgiving,
14:45it's down.
14:47It's not
14:48down to where
14:48it was during
14:49Trump's first
14:50term,
14:50because again,
14:51inflation,
14:52once it's
14:53factored in,
14:54never goes
14:55away completely.
14:57At least
14:57some of that
14:58inflation is
14:59going to
14:59remain in
15:01the upward
15:02pushed prices.
15:03This is
15:05Economics 101.
15:07This is
15:08exactly why
15:09the left
15:10took economics
15:12as well as
15:13civics and
15:14history out
15:15of the
15:16schools.
15:17They want
15:18dumbed-down
15:19Americans that
15:20they can
15:21lie to.
15:23You've heard
15:24the lies,
15:26damn lies,
15:26and statistics,
15:28right?
15:29Fudged the
15:30numbers.
15:31The crime
15:32stats.
15:33They
15:33redefine
15:34what is
15:35or isn't
15:36this or
15:37that a
15:37crime.
15:38The DA
15:39sorrows,
15:40DAs and
15:42prosecutors
15:42pleading away
15:44felonies to
15:45misdemeanors.
15:47Oh,
15:47felonies are
15:49down.
15:49No,
15:49they're not.
15:50You're not
15:51prosecuting
15:52them.
15:53You're
15:53fudging
15:54the numbers.
15:56Crime
15:57wasn't
15:57down
15:58until
15:59now
16:00our
16:00rule of
16:01law
16:02party is
16:02back in
16:03charge
16:03again and
16:04trying to
16:05enforce laws
16:06and go
16:07past your
16:08leftist DAs
16:09and prosecutors
16:10putting these
16:11criminals back
16:12out on the
16:13streets.
16:13Because guess
16:14what?
16:14Rudy Giuliani
16:16broken windows
16:17policy works.
16:18You arrest
16:19people for the
16:20small crimes.
16:21You lock
16:22them up.
16:23Some of them
16:23can be
16:24reformed and
16:24come back
16:25out and be
16:26law-abiding,
16:27productive members
16:28of societies.
16:30But criminals,
16:31most crimes
16:32are committed
16:32by the
16:33same criminals.
16:34So if
16:35they're locked
16:36up for one
16:37thing,
16:37they can't
16:38be out to
16:38commit another
16:39crime or a
16:40different crime.
16:41It's the same
16:42crime over and
16:43over.
16:43You lock
16:44them up for
16:45X,
16:46they can't
16:47be there
16:47to commit
16:48Y and Z.
16:50This is not
16:51difficult to
16:52understand.
16:53It is not.
16:55The left
16:55don't know.
16:56They don't
16:57want to
16:58know.
16:58They don't
16:59care to
16:59know.
17:00They purposely,
17:01willfully,
17:02and malice
17:02aforethought
17:03lie,
17:05cheeked,
17:07fudged
17:07the numbers,
17:10dismiss crimes,
17:12and pretend
17:12crime is
17:13general.
17:13No, look at
17:14the arrest
17:15reports.
17:16And even
17:17those are
17:17being falsified.
17:18We know
17:19from whistleblowers
17:20in Chicago and
17:21other blue
17:22enclaves, the
17:23police are being
17:24ordered to
17:25not file
17:26a crime
17:28incident
17:28report.
17:29If they
17:30go to a
17:31scene and
17:32someone is
17:34injured in
17:35an assault,
17:36if they can
17:37get them to
17:38the hospital,
17:39they can file
17:40an injury
17:42incident rather
17:43than a crime
17:45incident report
17:46and ignore the
17:48crime,
17:49fudging the
17:50numbers.
17:51And police
17:51have come out
17:53and said,
17:53we're tired of
17:54this.
17:54They're
17:55fudging the
17:56numbers.
17:56They want to
17:57keep the
17:58criminals out
17:58there on the
17:59street.
17:59If we lock
18:00them up,
18:01if we prosecuted
18:02them, if we
18:03put them behind
18:04bars, as we're
18:06starting to do
18:07now, federally
18:08charged with
18:09felonies because
18:10locally they will
18:12not charge them
18:13and put them
18:14away with
18:15crimes.
18:15So if the
18:16federal government
18:17can step in
18:18and lock them
18:19away, crime
18:20really comes
18:22down because
18:23idiot A isn't
18:26out there to
18:26create, to do
18:28crime B and
18:29C after having
18:31done crime A.
18:32He or she is
18:34locked up.
18:36You're safer.
18:37Crime numbers
18:39actually, really,
18:41truly come down
18:42like the
18:43crackdown in
18:44D.C.
18:46The people in
18:47D.C. are
18:47loving it.
18:50Assaults, murders,
18:52rapes, I
18:53said assaults,
18:54carjackings, way
18:56down because they
18:57know what there's
18:58actually people out
19:00there to enforce
19:01the laws and if
19:02you break the law
19:03we're going to
19:04catch you and we're
19:04going to prosecute
19:05you, not just
19:06say, oh, don't do
19:07that again.
19:08Go ahead and do it
19:09again.
19:09We'll look the
19:10other way and
19:11pretend it ain't
19:11happening.
19:12Like the
19:12Democrats were
19:13doing.
19:15All of this is
19:16easy to understand.
19:18Now, explain it
19:19to a left
19:19hard.
19:20They don't know.
19:22They don't want
19:24to know.
19:24They won't care
19:26once you explain
19:27it to them.
19:28They'll still
19:29lie.
19:31But that's the
19:32name of the
19:33left game.
19:34Lie, cheat,
19:35steal.
19:36Fudge numbers.
19:38Lie, lie,
19:41lie.
19:41They're delusion
19:43versus reality.
19:45And people know
19:46and can see the
19:47reality if they
19:49actually look.
19:51And the
19:51unemployment number
19:53is a way for the
19:54left to lie.
19:56Look at the
19:57labor participation
19:58rate.
19:59The inflation
20:01numbers are a way
20:02for the left to
20:04lie.
20:05Look at the
20:05bushel basket
20:06index.
20:08Look it up.
20:09Don't.
20:09Reagan trust
20:10but verify.
20:11Don't take my
20:12word for these
20:14things.
20:14Look it up.
20:15And I mean from
20:16legitimate sources.
20:18Not Google
20:18sending you to
20:19CNN,
20:21MSNBC,
20:22or Mother
20:23Jones,
20:24or political,
20:26or the
20:26Huffington
20:26poo-poo
20:27post,
20:28where you get
20:29leftist,
20:30communist,
20:31communomics,
20:32and communist
20:34theory rather
20:36than dealing
20:37in facts,
20:38evidence,
20:38and reality.
20:39Okay, I've
20:40babbled on
20:42enough, right?
20:44Thank you all.
20:45Take care.
20:46God bless.
20:47And again,
20:48now you know.
20:50They can't fool
20:51you anymore.
20:53When you hear
20:53them talk about
20:54unemployment,
20:55oh, it's up
20:57under Trump,
20:58you know why
20:59that number is
21:00full of shit.
21:02And the number
21:03that matters is
21:04the labor
21:04participation rate.
21:07And trillions
21:07of investment
21:08coming back
21:09to the U.S.,
21:10and it will
21:11take time
21:11for the new
21:12factories to
21:13be built
21:14and open up
21:15for more people
21:16to get back
21:17to work.
21:18And unemployment
21:19will go up
21:20as some people
21:21come back
21:21to looking
21:22for work
21:23that previously
21:24gave up.
21:25You know how
21:26this game
21:27is played
21:27now.
21:28The D.C.
21:29swamp doesn't
21:30want you to
21:30know that,
21:31especially
21:32the
21:32commie,
21:32fashy,
21:33sociosocrats,
21:34they don't
21:35want you
21:35to know
21:36these things.
21:37That's why
21:37there is no
21:38economic,
21:39civics,
21:40or history
21:40in schools.
21:42And all that
21:43there is
21:44in universities
21:45is communomics,
21:48communist
21:48theory,
21:50not real business.
21:51Remember the
21:52Rodney Dangerfield
21:53movie,
21:54Back to School,
21:55right?
21:55is like
21:56Sam
21:58Kenison,
21:59but more so
22:00the business
22:01guy.
22:01We're going
22:02to create
22:02a fantasy
22:03widget.
22:05Yeah,
22:05and Rodney
22:05said,
22:06where are you
22:06going to
22:06build it?
22:07Disneyland,
22:08right?
22:08Yeah,
22:09he wanted
22:10to deal
22:10in the
22:11reality
22:12of things
22:13of real
22:13economics
22:14in the
22:15real world,
22:15and the
22:16professors
22:16are talking
22:17economic
22:18commie
22:19theory.
22:20Thank you
22:21all.
22:22Take care.
22:22God bless.
22:23Love y'all.
22:23Like and
22:25subscribe to
22:26Christitutionalist
22:27Politics Podcast
22:28and share
22:30episodes.
22:31We need
22:32your help.
22:33Thank you
22:34for having
22:34tuned into
22:35another
22:36Christitutionalist
22:38Podcast
22:39show.
22:40I really
22:41appreciate
22:41that you
22:42stopped by.
22:44Again,
22:44please like,
22:46share,
22:46subscribe.
22:47We need
22:48you to
22:49help spread
22:50the
22:51Christitutionalist
22:52movement.
22:53Thank you
22:53again.
22:54Take care.
22:55God bless.
22:57Love you
22:57all.
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