July Wage And Job Growth Much Stronger Than Expected

[g5000]

Our economy is doing so well, the stock market is worried the Fed will increase interest rates even more.

S&P 500, Nasdaq fall Friday, but notch weekly gains after blowout July jobs report

Investors looked to Friday's jobs report for further clues about the Federal Reserve's path of rate hikes.

www.cnbc.com

The labor market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.

Rapid growth contributes to inflation.

3.5% unemployment. That ties Trump's lowest unemployment rate.

Inflation in the UK is expected to hit 13 percent, which is Biden's fault, amiright?

Bank of England warns the UK will fall into recession this year

The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession.

www.bbc.com

 

[Devils_Advocate]

Ok, now with that economic good news can we please lower the price of diesel and produce more before we have that damn shortage we all see coming?

 

[22lcidw]

Our economy is doing so well, the stock market is worried the Fed will increase interest rates even more.

S&P 500, Nasdaq fall Friday, but notch weekly gains after blowout July jobs report

Investors looked to Friday's jobs report for further clues about the Federal Reserve's path of rate hikes.

www.cnbc.com

The labor market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.

Rapid growth contributes to inflation.

3.5% unemployment. That ties Trump's lowest unemployment rate.

Inflation in the UK is expected to hit 13 percent, which is Biden's fault, amiright?

Bank of England warns the UK will fall into recession this year

The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession.

www.bbc.com

We are supposed to be living in nirvana. Ask Seth Mayers among the rest.

 

[Dekster]

The dow down on this good news......makes you wonder what they know that you don't.....

 

[Dekster]

Ok, now with that economic good news can we please lower the price of diesel and produce more before we have that damn shortage we all see coming?

There is already a shortage. US diesel consumption is way down. Problem is world consumption is way up because of Russian embargoes so you are paying more for what should be dirt cheap because of them damn foreigners. Expect prices to really start to climb once fall harvest season gets here.

 

[Delldude]

Our economy is doing so well, the stock market is worried the Fed will increase interest rates even more.

S&P 500, Nasdaq fall Friday, but notch weekly gains after blowout July jobs report

Investors looked to Friday's jobs report for further clues about the Federal Reserve's path of rate hikes.

www.cnbc.com

The labor market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.

Rapid growth contributes to inflation.

3.5% unemployment. That ties Trump's lowest unemployment rate.

Inflation in the UK is expected to hit 13 percent, which is Biden's fault, amiright?

Bank of England warns the UK will fall into recession this year

The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession.

www.bbc.com

Stunning.....

Barack sent over a can to his old Veep buddy:

 

[Devils_Advocate]

There is already a shortage. US diesel consumption is way down. Problem is world consumption is way up because of Russian embargoes so you are paying more for what should be dirt cheap because of them damn foreigners. Expect prices to really start to climb once fall harvest season gets here.

That is the issue is when fall harvest starts the pinch is going to be felt!

 

[Dekster]

That is the issue is when fall harvest starts the pinch is going to be felt!

And it will knock onto us as consumers over winter. I mean obviously if companies in the US are hiring hundreds of thousands more than expected, the material shortages aren't really a real thing as they don't hire new people to stand around and do nothing. It will be the cost of competing for materials with the global demand that will keep this inflation spiraling for years.

 

[MarathonMike]

Our economy is doing so well, the stock market is worried the Fed will increase interest rates even more.

S&P 500, Nasdaq fall Friday, but notch weekly gains after blowout July jobs report

Investors looked to Friday's jobs report for further clues about the Federal Reserve's path of rate hikes.

www.cnbc.com

The labor market added 528,000 jobs in July, easily beating a Dow Jones estimate of a 258,000 increase. The unemployment rate ticked down to 3.5%, below the 3.6% estimate. Wage growth also ticked up more than estimated, up 0.5% for the month and 5.2% higher than a year ago, signaling that high inflation is likely still a problem.

Rapid growth contributes to inflation.

3.5% unemployment. That ties Trump's lowest unemployment rate.

Inflation in the UK is expected to hit 13 percent, which is Biden's fault, amiright?

Bank of England warns the UK will fall into recession this year

The Bank of England raises rates as it warns inflation will rise over 13% and the UK faces a long recession.

www.bbc.com

Cool! I'm sure all the Americans struggling to pay for food, gas and rent are just dancing in the streets!

 

[g5000]

Cool! I'm sure all the Americans struggling to pay for food, gas and rent are just dancing in the streets!

Yes, they all have jobs. Anyone who wants a job can get one.

And their wages are rising.

 

[jbrownson0831]

Ok, now with that economic good news can we please lower the price of diesel and produce more before we have that damn shortage we all see coming?

And what is the employment participation rate for July with all this good news?? What, it declined yet again???

 

[Rye Catcher]

Ok, now with that economic good news can we please lower the price of diesel and produce more before we have that damn shortage we all see coming?

As the normal American family suffers from the inflation, the Oil Companies are loving it:

Empowering People in Oil and Gas

RIGZONE News - leading source for the latest news and information for the oil and gas industry

www.rigzone.com

Oil giant's bumper $8.45 billion profits spark cost-of-living crisis backlash

Here's a breakdown of BP's key numbers causing an uproar.

fortune.com

Exxon and Chevron Report Record Profits on High Oil and Gas Prices (Published 2022)

The energy industry’s windfall followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine and the global economic rebound from the coronavirus pandemic.

www.nytimes.com

Don't blame President Biden, blame the oil companies and buy an electric car.

 

[g5000]

And what is the employment participation rate for July with all this good news?? What, it declined yet again???

It's funny how this is always the default of the tard herd when there is great economic news.

It so happens that the LFPR remained flat during Trump's entire term. I bet you never even noticed, did you, hack.

It plunged to the lowest since the 70s during the pandemic but has been rising steadily since Biden took office.

The line moves up and down in little increments, but the trend has been upward for over two years now. I'm sorry if this upsets you.

Nice try.

 

[g5000]

As the normal American family suffers from the inflation, the Oil Companies are loving it:

Empowering People in Oil and Gas

RIGZONE News - leading source for the latest news and information for the oil and gas industry

www.rigzone.com

Oil giant's bumper $8.45 billion profits spark cost-of-living crisis backlash

Here's a breakdown of BP's key numbers causing an uproar.

fortune.com

Exxon and Chevron Report Record Profits on High Oil and Gas Prices (Published 2022)

The energy industry’s windfall followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine and the global economic rebound from the coronavirus pandemic.

www.nytimes.com

Don't blame President Biden, blame the oil companies and buy an electric car.

Only someone who has money to throw away should buy an EV.

A hybrid may be your best bet.

 

[C_Clayton_Jones]

As the normal American family suffers from the inflation, the Oil Companies are loving it:

Empowering People in Oil and Gas

RIGZONE News - leading source for the latest news and information for the oil and gas industry

www.rigzone.com

Oil giant's bumper $8.45 billion profits spark cost-of-living crisis backlash

Here's a breakdown of BP's key numbers causing an uproar.

fortune.com

Exxon and Chevron Report Record Profits on High Oil and Gas Prices (Published 2022)

The energy industry’s windfall followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine and the global economic rebound from the coronavirus pandemic.

www.nytimes.com

Don't blame President Biden, blame the oil companies and buy an electric car.

Conservatives will lie and blame President Biden regardless.

 

[jbrownson0831]

Conservatives will lie and blame President Biden regardless.

I think the part of your Dimmer brains that allows reasoning got sucked out by aliens. The oil companies are reacting to Poopeypants threat to eliminate them and not allow them to produce our own product here in the US. You sheeple are perfect drones of the Reich.

 

[Delldude]

Conservatives will lie and blame President Biden regardless.

A few reasons and yes, Biden is one of them.

 

[Devils_Advocate]

As the normal American family suffers from the inflation, the Oil Companies are loving it:

Empowering People in Oil and Gas

RIGZONE News - leading source for the latest news and information for the oil and gas industry

www.rigzone.com

Oil giant's bumper $8.45 billion profits spark cost-of-living crisis backlash

Here's a breakdown of BP's key numbers causing an uproar.

fortune.com

Exxon and Chevron Report Record Profits on High Oil and Gas Prices (Published 2022)

The energy industry’s windfall followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine and the global economic rebound from the coronavirus pandemic.

www.nytimes.com

Don't blame President Biden, blame the oil companies and buy an electric car.

Didn’t make any comment about Biden on this issue and stated Diesel must come down.

America is the number one producer of diesel and exporter of diesel and because of Sanctions, OPEC and Countries that Nationalized their oil fields we are feeling the pinch.

We have limited amount of capacity to refine diesel and it is needed by many nations around the world because of the Sanctions against Russia and before you start I do not want the sanctions lifted either until Russia stop it illegal invasion of the Ukraine!

So do not accuse me of blaming Biden for what Putin caused!

 

[Devils_Advocate]

Conservatives will lie and blame President Biden regardless.

I just didn’t so that disproves your comment!

 

[Lastamender]

Yes, they all have jobs. Anyone who wants a job can get one.

And their wages are rising.

Not nearly as fast as inflation. The economy sucks and manipulating the numbers will not change that.