California Reveals All Job Gains In 2023 Were Fake

In a shocking revelation, the California Employment Development Department (EDD) announced yesterday that all job gains reported in the state for 2023 were entirely fictional. The stunning admission has sent shockwaves throughout the economic community, leaving many to wonder about the accuracy of previous job reports and the true state of the California economy.

According to the EDD, a “coding error” was responsible for the false job gains, which were reported in monthly employment surveys throughout the year. The error, which was discovered during a routine audit, resulted in the artificial inflation of job numbers, making it appear as though California’s economy was thriving.

“We apologize for any confusion or misinformation our previous reports may have caused,” said EDD Director, Nancy Farias. “We take full responsibility for the mistake and are taking immediate action to correct our systems and ensure the accuracy of future reports.”

The news is particularly devastating for California’s residents, who were led to believe that the state’s economy was experiencing a robust recovery. In reality, the job market has been stagnant, with many industries struggling to create new opportunities.

“This is a huge blow to the people of California,” said Dr. Christopher Thornberg, a leading economist at the University of California, Los Angeles. “The fact that the EDD was reporting fake job gains means that policymakers and business leaders were making decisions based on faulty data. It’s a serious breach of trust and has significant implications for the state’s economic future.”

The revelation has also raised questions about the integrity of the EDD and its ability to accurately track employment data. The agency has faced criticism in the past for its handling of unemployment benefits and its response to the COVID-19 pandemic.

“This is not the first time the EDD has been caught making mistakes,” said Assemblyman Jim Patterson, a Republican from Fresno. “It’s time for a thorough investigation into the agency’s practices and procedures to ensure that this kind of error never happens again.”

The EDD has promised to release revised job reports for 2023, which are expected to show a more accurate picture of the state’s employment landscape. In the meantime, economists and policymakers are scrambling to reassess the state’s economic outlook and develop strategies to address the stagnant job market.

As the dust settles on this bombshell revelation, one thing is clear: the people of California deserve better from their government agencies. The EDD’s mistake is a stark reminder of the importance of transparency and accountability in government, and the need for rigorous oversight to ensure that the data we rely on is accurate and trustworthy.