October Jobs Report

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.
All caused by Bush crashing our economy with Republican economic ideas

Link to your source of numbers
 
Bookmark this page and get back to me in one year.
Well, Trump might win...and economic disaster may come. But I am supposing that Kamala Harris will win...and that your prediction will be horse shit.

If you want to bookmarke the page, do so. You can get back to me in a year. If I've made it another year, we can talk.
 




The US economy continued to expand at a robust pace in the third quarter as household purchases accelerated and the federal government ramped up defense spending. Hiring jumped by the most in more than a year. The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday. Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023. The uptick was led by broad increases across goods—including autos, household furnishings and recreational items. At the same time, a closely watched measure of underlying inflation rose 2.2%, roughly in line with the Federal Reserve’s target, figures from the Bureau of Economic Analysis showed. “There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate pace is what the economy needs, nothing more.” Here’s your markets wrap.
Good morning
 
The US economy continued to expand at a robust pace in the third quarter as household purchases accelerated and the federal government ramped up defense spending. Hiring jumped by the most in more than a year. The numbers are so good that some are saying the magic “soft landing” has been achieved. Inflation-adjusted gross domestic product increased at a 2.8% annualized pace after rising 3% in the previous quarter, according to the government’s initial estimate published Wednesday. Consumer spending, which comprises the largest share of economic activity, advanced 3.7%, the most since early 2023. The uptick was led by broad increases across goods—including autos, household furnishings and recreational items. At the same time, a closely watched measure of underlying inflation rose 2.2%, roughly in line with the Federal Reserve’s target, figures from the Bureau of Economic Analysis showed. “There is almost nothing wrong with this picture,” Carl Weinberg and Rubeela Farooqi, economists at High Frequency Economics, said in a note. “Steady normalization of rates at a moderate pace is what the economy needs, nothing more.” Here’s your markets wrap.



Along will come a gaggle of bot holes to try and bury this information with lame assed personal insults
 
They exceeded expectations all year. Of course this is the one MAGA posts about.

I guess you missed this story shit-for-brains:

Government: US economy added 818,000 fewer jobs than first reported in year that ended in March

 
Dear fucking idiot
Massive historical hurricanes will wreak jobs reports
Big strikes do that too
Fuck you very much

But it was mostly due to business after business laying off workers, going bankrupt, and cutting stores. The restaurant industry is in collapse coast-to-coast.



 
As a Harris supporter, .....I should be embarrassed[/color

Alas, because you're IQ is below room temperature, you're too stupid to be embarrassed by that confession.

:lolup: Brainless wonder likes the massively higher cost of everything, millions of uneducated undocumented illegals flooding into the country and being lied to and gaslighted.
 
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