Are you aware it is a temporary hiatus because of hurricanes and strikes?
And where were you during all the other months when job growth was well above average or exceptional?
October Jobs Report
- Thread starter ExpressLane
- Start date
And where were you during all the other months when job growth was well above average or exceptional?
Excuses, excuses, excuses...... it's Trump's fault right?
evince
Truthmatters
You are aware idiots actually tried to claim Biden caused them with nukes right?
So who’s the crazy party?
Right now we need regime change. Like Kammy has said; “unburdened by what has been,”
evince
Truthmatters
Yes you Russians should take Putin out
Luxury items haven't been selling since covid. Ford can't sell its trucks, Volkswagen is closing factories, and there are many areas in the US where Housing prices are down 30%.The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic produc t increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday
Jobs are already contracting at the rate of 2009 with nowhere to go but down. Chain restaurants are being decimated cutting 300,000 jobs in 2024 alone with more to come in 2025. 54 million workers between 18 and 64 are unemployed. Once you include all workers, real unemployment is at 30%. No one can deny we are headed for a greater depression than 1929.
ExpressLane
Verified User
Turn the page.
ExpressLane
Verified User
You do realize the job loss during the Trump administration was due to Covid. And Trump's job growth prior to Covid was exceptional.
ExpressLane
Verified User
Dear moron ,Biden should have prevented the strikes. Help the Unions reach a deal.
Anything is possible, but the people who study these sorts of things are saying the opposite. Hurricanes and strikes always end up having numbers that are revised upwards. The other element that usually has numbers revised upwards is a more rushed collection schedule.
Hurricanes cause people to work away from home, or in other ways to be hard to contact. Those workers are assumed to be not working, but are later found to be working.
The strike leads people to say they are not working, even when many go out and find temporary jobs.
And this month the BLS only had 10 days to collect data, rather than the 16 days they usually have.
The real question is how much this number will be revised up, and how much the numbers will bounce back
Manufacturing has been increasing over the last few years, for the first time in decades. We did lose 48k manufacturing jobs in this report, but that includes 100k lost due to the Boeing strike. So there was a 52k increase excluding the Boeing strike....
Or so simple math would calculate. Some of those are Boeing strikers finding other jobs. Whatever, it does mean that manufacturing will snap back when the strike ends.
Jobs added by the Biden administration are government jobs and illegal immigrant jobs. The spreadsheets are all on the net for anyone to Google and see for themself.
ExpressLane
Verified User
Dear stupid person.Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023.
Is this bad news?
The inflation rate in the United States in 2020 was 1.2%.
The average 30-year fixed mortgage rate in 2020 was 3.10%.
inflation rose 2.2%, roughly in line with the Federal Reserve’s target
November 02, 2024, the national average 30-year fixed mortgage APR is 6.96%.
evince
Truthmatters
Link
evince
Truthmatters
How asshole?
My guess is that a huge majority of all the economists in America WOULD deny it.
You are really a jackass.
Bookmark this page and get back to me in one year.