Strongest economy ever! Lowest employment ever. Everything us smashing good under Democrat control. Seriously tho, why are liberals so gullible. We've been telling you the job reports were ****.
Businesses did use Covid as an excuse to raise prices and hope they stick. Covid stimulus wasn’t indefinite
note to @Space Ghost, factoring in the downward adjustment of 1 , means that Bidenomics, thus far, has gained 15 million jobs instead of 16 million, in its first 3.5 years in office https://www.barrons.com/articles/payroll-revisions-jobs-growth-72a40611 JPMorgan ’s expectation the Bureau will revise down net payroll gains by 360,000 Goldman Sachs estimateis 1 million.
1mm is the high end of expectations. Revisions are routine Edit: The December 23 rate was 3.7% whatever revision
Unemployment will continue to rise from its historic lows. I'm expecting a higher number this month. Not the best signs of a booming economy if the debt ridden government is your biggest vehicle for full time job growth. Gotta push numbers to that finish line! Tech is undergoing low-key restructurings toward expected gains from the energy and money intensive blackhole called AI. The severance packages range from three months to one full year but it's definitely a bottleneck for junior members starting out their careers.
I think most people understand and feel it. Covid jobs came back. Not much more under this president. 818K is a big revision.
replace “I’m” with “the sources from which Invisible cut n paste”, as bluntly put, the only thing that he knows about economics is that he doesn’t understand it.
Right...You're so cool repeating the same stuff without adding anything of worth. What are you squawking about this time?
unlike the pretentious Invisible, i give credit to my sources. In the wake of the downward adjustment of employment data, based upon the research done by her econometric team, Schwab's Chief Equity Strategist expects the Fed to cut rate by 25 basis point in the Sep 2024 Fed meeting if only the pretentious one understand "soft landing"; he doesn't, the best he can do to parrot conveninet spins. just like his previous parroting of the false narrative of Fed wrecking its balance sheet. it's deja vu all over again.
found the bears (GOP voters) buying PUTS wishing for American to fail, so unAmerican, go away and let us real Americans enjoy our gains
Okay, you can win gold for the pretentious prize, and I'll settle for silver. I still think unemployment will be higher than last months report. I forgot word choice triggered you like a little girl. And if you want to know why, how about you pull up your big boy pants and ask nicely? Weird
based on what ? you don't have access to employment data and, most of all, you don't understand economics
In the context of Bidenomomics the IRA, Infrastructure, and CHIP bill is doing what it's supposed to do.
The overhiring of tech also reversed in the last few years. That would have happened regardless of the white house. Even the energy boom isn't the same as pre Covid, despite the record production, as O&G have gotten so lean and efficient producing. The shale boom pre Covid was pretty disastrous from a profit perspective.
