PeakMetrics / Fact Checks
Economy & business fact checks
Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.
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Search by text or image7,096 published reviews in this topic
"1.1 million people in Scotland are taxed more for doing the same job than the rest of the UK"
Publisher’s rating: This is correct but needs context.
"A disproportionate number of people that earn over [£150,000] actually work in our public sector anyway, so they aren't going anywhere."
Publisher’s rating: Based on the figures, a "disproportionate" number would imply more than 3,150 people earning more than £150,000 worked in the public sector. But we cannot find a breakdown of how many top earners work in the public or private sector.
“EN CODELCO SE PAGA UN SUELDO PROMEDIO DE 5 MILLONES 500 MIL PESOS”
Publisher’s rating: Incompleto
الاحتياطي الالزامي لتمويل الدعم: "مخالفة للقانون"
Publisher’s rating: صحيح
MUJERES RETROCEDEN MÁS DE DIEZ AÑOS SU PARTICIPACIÓN EN EL MERCADO LABORAL
Publisher’s rating: Real
Worth of mobile handsets produced (Then 18,992 crore, Now 1.32 lakh crore).
Publisher’s rating: PARTLY TRUE
FACTLY checked a government infographic’s claim that the value of mobile handsets produced rose from 18,992 crore to 1.32 lakh crore. The review focused on the value attributed to production in 2013–14 and 2017–18, and cited the Ministry of Electronics and Information Technology’s 2017–18 annual report for the later figure. That report put handset production at approximately 1,32,000 crore in 2017–18. FACTLY found the earlier comparison figure was not supported: it reported the value for 2013–14 as 26,650 crore, rather than approximately 18,990 crore. Thus, the review accepted the stated 2017–18 value but identified an incorrect baseline in the infographic. The review’s conclusion turns on comparing the two endpoints, not disputing that production value increased. Because the “then” value was wrong while the “now” value was supported by the cited ministry report, FACTLY concluded that the overall comparison was only partly accurate.
“In fact, the pay gap between CEOs and their workers is now among the largest in history. According to one study, CEOs make 320 times what their average workers make.”
Publisher’s rating: Needs context
I "inherited a nation, we all did, that was in crisis. ... The worst economic crisis since the Great Depression."
Publisher’s rating: Not the Whole Story
Under President Donald Trump, "wages were growing faster for the bottom 25% than the top 25%."
Publisher’s rating: Needs context
"No one working 40 hours a week should live below the poverty line."
Publisher’s rating: Lacks context
"Thanks to the American Rescue Plan, we are on track to cut child poverty in America in half this year."
Publisher’s rating: Experts say concept is sound
"The economy created more than 1.3 million new jobs in 100 days, more new jobs in the first 100 days than any president on record."
Publisher’s rating: That's part of the story
"Nearly 90% of the infrastructure jobs created in the American Jobs Plan don’t require a college degree. 75% don’t require an associate’s degree."
Publisher’s rating: Academic study backs it up
"A recent study shows that 55 of the nation’s biggest corporations paid zero in federal income tax last year."
Publisher’s rating: Study backs it up
The recession caused by the coronavirus pandemic was "the worst economic crisis since the Great Depression."
Publisher’s rating: Key metrics back it up
Un estudio reciente muestra que 55 de las mayores empresas del país no pagaron ningún impuesto federal sobre la renta el año pasado
Publisher’s rating: Verdad