The Biden/Harris administration is making a bogus upswing shortly before the elections cost a fortune. Respectively: They are really letting the taxpayers have it if You watch government debt spiraling out of control to finance the fiesta! The labor market data reported today suggest a robust labor market and strong economic growth. The unemployment rate has officially fallen to 4.1%.
However, an analysis by Zerohedge has shown that without the artificial creation of fake jobs by the launch shortly before the elections, the unemployment rate would now have risen sharply to 4.5%. So we continue to live in a world of illusion, in which debt creation provides short-term relief. It's the fantasy land of the highest time preference possible.
You can find more details here: https://www.zerohedge.com/economics/behind-todays-stunning-jobs-report-record-surge-government-workers