The October non-farm payroll report is out, and it’s not looking good for the “strong labor market” narrative. Fed Chair Powell and President Biden keep pushing this narrative, but the numbers tell a different story. Only 99,000 private sector jobs created, while 34% were government hires. That’s not strength, that’s weakness. And let’s not forget, government hires are funded by borrowing, leading to higher interest rates and inflation. This clip is from Episode 929 of The Peter Schiff Show. To listen to the full episode, visit SchiffRadio.com #nonfarm #payroll #report #government #jobs #numbers #economy #powell #biden #weak #strong #labor #market