Dayyyyum. 517,000 jobs created in January, crushing estimates, as unemployment rate hit 53-year low

[rightwinger]

BTW, eople returning to the jobs they were locked out of during covidiocy isn't "creating jobs", dickless.

Guess what Skippy?

Biden unemployment rate is lower than under Trump

 

[Harpy Eagle]

BTW, people returning to the jobs they were locked out of, and/or returning to work because their layabout loot is running out, isn't "creating jobs", dickless.

There are 2.7 million more people with jobs now than before COVID.

 

[JGalt]

Some highlights:

• After revisions, America gained 4.8 million jobs last year. That's 300,000 more than previously reported.
• Job gains were widespread, in just about every sector. Leading the way: Leisure and hospitality added 128,000 jobs as America continued to rebound from the Covid pandemic.
• The unemployment rate was 3.4%, the lowest since May 1969 — as in, before Neil Armstrong landed on the moon.
• Wages grew 4.4% over the past year in January, higher than expected.

Your information is bogus. Wage and salary growth rose in 2021 because of the wane of the pandemic and people going back to work. But it's currently stagnating because of the continuing high rate of inflation.

United States Wages and Salaries Growth - January 2023 Data - 1960-2022 Historical

 

[odanny]

What's the participation rate?

One less.

 

[Missourian]

The Biden Administration always releases high numbers... then later the truth comes out.

Biden second-quarter job numbers off by 1 million, Philadelphia Federal Reserve Bank says

The Biden administration vastly overstated its estimate that employers created more than 1 million jobs in the second quarter of this year, claiming historic job growth when in fact hiring had stalled, according to a new estimate.

www.washingtontimes.com

 

[rightwinger]

The Biden Administration always releases high numbers... then later the truth comes out.

Biden second-quarter job numbers off by 1 million, Philadelphia Federal Reserve Bank says

The Biden administration vastly overstated its estimate that employers created more than 1 million jobs in the second quarter of this year, claiming historic job growth when in fact hiring had stalled, according to a new estimate.

www.washingtontimes.com

• After revisions, America gained 4.8 million jobs last year. That's 300,000 more than previously reported.

 

[airplanemechanic]

People taking 2 jobs because they can't pay their bills with one.

Nearly 70% of Americans are looking for extra work to combat inflation

Americans are taking extra hours or re-thinking their jobs entirely as daily costs surge.

www.cnbc.com

More American workers are taking on second jobs as inflation rages

Number of people working two full-time jobs is at a record high, according to government labor numbers.

www.cbsnews.com

 

[CarlinAnnArbor]

Tissue?

There's that Democrat compassion for the poor again

 

[airplanemechanic]

Real wages have gone down every month for almost 2 years due to inflation outpacing wage growth, but don't let the facts spoil your celebration.

 

[Harpy Eagle]

People taking 2 jobs because they can't pay their bills with one.

Nearly 70% of Americans are looking for extra work to combat inflation

Americans are taking extra hours or re-thinking their jobs entirely as daily costs surge.

www.cnbc.com

More American workers are taking on second jobs as inflation rages

Number of people working two full-time jobs is at a record high, according to government labor numbers.

www.cbsnews.com

And yet the percent of people doing that is below what it was much of the 4 years prior to COVID.

 

[airplanemechanic]

And yet the percent of people doing that is below what it was much of the 4 years prior to COVID.

By a miniscule amount.

Sorry, Biden's inflation is killing wages.

It's really bad out there.

âIâm selling my bloodâ: millions in US canât make ends meet with two jobs

More Americans have been working two or more jobs over the past few decades, census data shows

www.theguardian.com

 

[shockedcanadian]

Debt and inflation need to be reigned in. This gives GOP a golden opportunity if they so choose to go for it and take credit for prudent economic decisions before 2024. They will certainly lose anyway.

 

[JGalt]

Guess what Skippy?

Biden unemployment rate is lower than under Trump

Lower by 0.1%, than the time right before the pandemic hit.

Of course, the inflation rate was what back then? 1.5% in 2019.

United States Inflation Rate - January 2023 Data - 1914-2022 Historical

 

[Rocko]

How does a second job impact the unemployment rate?

It measures who is working and who is not. How much you work above 32 hours is not a factor

Ocasio-Cortez Wrong on Cause of Low Unemployment - FactCheck.org

Alexandria Ocasio-Cortez, the Democratic nominee for New York's 14th Congressional District, wrongly claimed that the low U.S. unemployment rate was "because everyone has two jobs." The number of people holding more than one job has no bearing on the unemployment rate.

www.factcheck.org

 

[Oddball]

Winner, winner, Chicken Dinner!

Republicans whined about the Labor Participation Rate under Obama but were strangely silent under Trump

But under Biden……It’s BACK

It's important in all cases, and I'm still not a republican, assclown.

 

[Missourian]

• After revisions, America gained 4.8 million jobs last year. That's 300,000 more than previously reported.

Lower by 0.1%, than the time right before the pandemic hit.

Of course, the inflation rate was what back then? 1.5% in 2019.

View attachment 753320

United States Inflation Rate - January 2023 Data - 1914-2022 Historical

View attachment 753324

^^^This.

Biden's fake job growth.

 

[JGalt]

What's the participation rate?

BTW, people returning to the jobs they were locked out of, and/or returning to work because their layabout loot is running out, isn't "creating jobs", dickless.

The labor participation rate hasn't reached the pre-pandemic Trump era.

United States Labor Force Participation Rate - January 2023 Data

 

[JGalt]

^^^This.

Biden's fake job growth.

Biden's "job growth" is like a retarded child sitting in a mud puddle making mud pies, and saying "Look what I did!"

 

[mak2]

Biden's "job growth" is like a retarded child sitting in a mud puddle making mud pies, and saying "Look what I did!"

Did this child have orange hair?

 

[Harpy Eagle]

By a miniscule amount.

Why was it so high in 2018 and 19?