March JOBS REPORT: Biden threads needle, job growth healthy but not too hot

[citygator]

I’ll be damned. That crafty Joe Biden just threaded the economic needle turning in a stellar jobs report. It reflects a healthy economy but one that isn’t too hot.

Thanks Joe!

Abundant jobs. More people working. Inflationary pressure fading. That represents the dream scenario for the U.S. labor market.

• It is also the picture painted by the March jobs numbers out Friday morning.

Why it matters: If America's labor market were to remain healthy while coming into a less inflationary balance, it would look an awful lot like what we see in March's payrolls data.

• Employers are adding jobs at a healthy but more moderate pace. New workers are reentering the labor force in strong numbers, helping meet the demand for staff. As a result, wage gains are normalizing in a way that's consistent with the Federal Reserve's inflation target.
• If sustained, this "not-too-hot, not-too-cold" labor market could lead to an economy that resembles more the environment of 2019 (healthy job market with steady job growth and low inflation) than the strange hothouse of 2021 and 2022.

By the numbers: Payrolls rose by 236,000 last month, more than needed to keep up with labor force growth but well below the breakneck pace of hiring.

• Jobs growth averaged 345,000 a month in the first quarter of 2023, compared to 561,000 in the same period last year.

March jobs numbers point to healthy but not-too-hot economy

If America's labor market remains healthy while coming into a less inflationary balance, it'll look a lot like March's payrolls data.

www.axios.com

 

[Rambunctious]

Biden still can't reach the employment numbers we had under Trump... still over 3% unemployment...

 

[jotathought]

I’ll be damned. That crafty Joe Biden just threaded the economic needle turning in a stellar jobs report. It reflects a healthy economy but one that isn’t too hot.

Thanks Joe!

Abundant jobs. More people working. Inflationary pressure fading. That represents the dream scenario for the U.S. labor market.

• It is also the picture painted by the March jobs numbers out Friday morning.

Why it matters: If America's labor market were to remain healthy while coming into a less inflationary balance, it would look an awful lot like what we see in March's payrolls data.

• Employers are adding jobs at a healthy but more moderate pace. New workers are reentering the labor force in strong numbers, helping meet the demand for staff. As a result, wage gains are normalizing in a way that's consistent with the Federal Reserve's inflation target.
• If sustained, this "not-too-hot, not-too-cold" labor market could lead to an economy that resembles more the environment of 2019 (healthy job market with steady job growth and low inflation) than the strange hothouse of 2021 and 2022.

By the numbers: Payrolls rose by 236,000 last month, more than needed to keep up with labor force growth but well below the breakneck pace of hiring.

• Jobs growth averaged 345,000 a month in the first quarter of 2023, compared to 561,000 in the same period last year.

March jobs numbers point to healthy but not-too-hot economy

If America's labor market remains healthy while coming into a less inflationary balance, it'll look a lot like March's payrolls data.

www.axios.com

Unfortunately .. looks like there are many indications that job creation is slowing down and weakening ... can't wait to see that threading of the needle in the upcoming months, especially with the banking crash recently, the feds tightening down and high inflation: signs of a pending recession.

 

[citygator]

Even Fox News loves it. You can tell cuz this story is buried. Not even on Fox itself but in Fox business only.


Employers added 236,000 jobs in March, the Labor Department said in its monthly payroll report released Friday, mostly in line with the 239,000 jobs forecast by Refinitiv economists. The unemployment rate, meanwhile, ticked lower to 3.5% as the labor force increased to the highest level since before the pandemic began.

While monthly jobs data is always important, the Federal Reserve is closely watching this particular report for signs the labor market is finally cooling as policymakers try to tame inflation with a series of interest-rate hikes.

There was some welcoming news on that front, with monthly wages rising at the slowest pace since June 2021. Average hourly earnings grew 4.2% from a year ago, below the estimate of 4.3%.

"Employment growth has not yet collapsed, though there are visible signs of continued moderation," said Kathy Bostjancic, Nationwide chief economist. "In all the Federal Reserve will be pleased by the details of the employment report, but still is supportive of another rate hike in May – which we think could be the last for the tightening cycle, followed by a long pause."

US job growth slows in March as economy adds 236,000 new positions

 

[citygator]

Biden still can't reach the employment numbers we had under Trump... still over 3% unemployment...

More people are employed and more jobs are available. But guess what? MORE people are in the job market too.

 

[citygator]

Unfortunately .. looks like there are many indications that job creation is slowing down and weakening ... can't wait to see that threading of the needle in the upcoming months, especially with the banking crash recently, the feds tightening down and high inflation: signs of a pending recession.

It’ll crash when the next Republican is elected. That my friend, as usual, is guaranteed.

 

[Rambunctious]

More people are employed and more jobs are available. But guess what? MORE people are in the job market too.

View attachment 774175

Still not as good as Trump..... I bet Joe hates that... if he even knows...

 

[citygator]

Still not as good as Trump..... I bet Joe hates that... if he even knows...

You’re the one who hates it. Lol. You can’t even see the good happening cuz libs

 

[Rambunctious]

You’re the one who hates it. Lol. You can’t even see the good happening cuz libs

There isn't any good out there now... even some illegal immigrants are going back home...

 

[Winco]

Biden still can't reach the employment numbers we had under Trump

Still not as good as Trump

You ^^^^ a a special type of liar. The trump type.
Lie, lie, lie, lie, and LIE.

Lowest under trump 3.5%. FACT
Rose to 15% because of poor handling of the COVID, you blame (D) governors, I blame poor POTUS leadership.

Lowest under biden 3.4%. FACT
Current 3.5%


Math is very difficult for Rambunctious as 3.4% < 3.5%.

 

[jotathought]

It’ll crash when the next Republican is elected. That my friend, as usual, is guaranteed.

Wish I could agree with you .. and so do the economists / financial experts providing their forecasts.

 

[1srelluc]

All I see is a continued weakening in manufacturing.

 

[citygator]

All I see is a continued weakening in manufacturing.

Then open them eyes. It was a really good report. You can tell since no one ran to post a doom and gloom thread. They waited for me to brag about my boy Biden.

 

[1srelluc]

Then open them eyes. It was a really good report. You can tell since no one ran to post a doom and gloom thread. They waited for me to brag about my boy Biden.

Blah, given that they make the shit up as they go along nobody really cares anymore.

 

[Doc7505]

I’ll be damned. That crafty Joe Biden just threaded the economic needle turning in a stellar jobs report. It reflects a healthy economy but one that isn’t too hot.

Thanks Joe!

Abundant jobs. More people working. Inflationary pressure fading. That represents the dream scenario for the U.S. labor market.

• It is also the picture painted by the March jobs numbers out Friday morning.

Why it matters: If America's labor market were to remain healthy while coming into a less inflationary balance, it would look an awful lot like what we see in March's payrolls data.

• Employers are adding jobs at a healthy but more moderate pace. New workers are reentering the labor force in strong numbers, helping meet the demand for staff. As a result, wage gains are normalizing in a way that's consistent with the Federal Reserve's inflation target.
• If sustained, this "not-too-hot, not-too-cold" labor market could lead to an economy that resembles more the environment of 2019 (healthy job market with steady job growth and low inflation) than the strange hothouse of 2021 and 2022.

By the numbers: Payrolls rose by 236,000 last month, more than needed to keep up with labor force growth but well below the breakneck pace of hiring.

• Jobs growth averaged 345,000 a month in the first quarter of 2023, compared to 561,000 in the same period last year.

March jobs numbers point to healthy but not-too-hot economy

If America's labor market remains healthy while coming into a less inflationary balance, it'll look a lot like March's payrolls data.

www.axios.com

~~~~~~

Biden’s March #JobsReport is much, much WORSE than they’re telling us and here’s WHY​

Biden's March #JobsReport is much much WORSE than they're telling us and here's WHY (screenshot)

twitchy.com

7 Apr 2023 ~~ By Sam Janney

They released Biden’s March Jobs Report today … Good Friday.
A holiday.
As anyone who doesn’t have their head completely buried in the sand would have guessed, jobs are down, except for in the public sector. Oh goodie, more people working for the government. And of course, things are even worse than they’re actually reporting in the media. Take a look at this:

​

Yay! Unemployment is down … but it’s because people are working two jobs to survive in this economy. Did we mention that wages were down again? So not only are we all paying more for our basic needs but we’re making less.
Go Biden go.

​

~Snip~
Oh yeah, and all of those layoffs …
Sadly, this is only the beginning of what is to come with Biden’s disastrous policies and Democrats focusing on supporting men who think they’re women.
Good times.

Commentary:
Bai Dung has done Nothing to improve the economy of the nation or increase employment.
The fact is that America is no longer a country based upon manufacturing. We rely upon China to produce our goods.
We can thank Bill Clinton for two important facts that affect America today.
Bubba signed off on NAFTA and then sold missile technology to China.
We can thank Maoist Democrats for the most part for the circumstances we find ourselves today.

Clinton signs NAFTA into law, Dec. 8, 1993

The U.S. Chamber of Commerce said in 2017 that exiting NAFTA without a new deal in place could devastate American agriculture, cost hundreds of thousands of jobs and “be an economic, political and national security disaster.

www.politico.com

**********​

Red Face Over China - June 1, 1998

**********​

Flashback: Bill Clinton Gave China Missile Technology | BWCentral

Flashback: Bill Clinton Gave China Missile Technology With all this talk of Russians allegedly interfering in U.S. elections, it is worth recalling that it

bwcentral.org

 

[citygator]

~~~~~~

Biden’s March #JobsReport is much, much WORSE than they’re telling us and here’s WHY​

Biden's March #JobsReport is much much WORSE than they're telling us and here's WHY (screenshot)

twitchy.com

7 Apr 2023 ~~ By Sam Janney

They released Biden’s March Jobs Report today … Good Friday.
A holiday.
As anyone who doesn’t have their head completely buried in the sand would have guessed, jobs are down, except for in the public sector. Oh goodie, more people working for the government. And of course, things are even worse than they’re actually reporting in the media. Take a look at this:

​

Yay! Unemployment is down … but it’s because people are working two jobs to survive in this economy. Did we mention that wages were down again? So not only are we all paying more for our basic needs but we’re making less.
Go Biden go.

​

~Snip~
Oh yeah, and all of those layoffs …
Sadly, this is only the beginning of what is to come with Biden’s disastrous policies and Democrats focusing on supporting men who think they’re women.
Good times.

Commentary:
Bai Dung has done Nothing to improve the economy of the nation or increase employment.
The fact is that America is no longer a country based upon manufacturing. We rely upon China to produce our goods.
We can thank Bill Clinton for two important facts that affect America today.
Bubba signed off on NAFTA and then sold missile technology to China.
We can thank Maoist Democrats for the most part for the circumstances we find ourselves today.

Clinton signs NAFTA into law, Dec. 8, 1993

The U.S. Chamber of Commerce said in 2017 that exiting NAFTA without a new deal in place could devastate American agriculture, cost hundreds of thousands of jobs and “be an economic, political and national security disaster.

www.politico.com

**********​

Red Face Over China - June 1, 1998

**********​

Flashback: Bill Clinton Gave China Missile Technology | BWCentral

Flashback: Bill Clinton Gave China Missile Technology With all this talk of Russians allegedly interfering in U.S. elections, it is worth recalling that it

bwcentral.org

Too bad you are led around by the nose by your masters. Here... no article just the facts. Here are multiple job holders over time. As you can see... the number is lower than Trump's amazing economy pre pandemic. We arent even to that level yet. There are still more full time jobs in this country compared to back then.. yet you dont know that... why? Why would you allow youself to be lied to by the esteemed "twitchy" website?

 

[Doc7505]

Too bad you are led around by the nose by your masters. Here... no article just the facts. Here are multiple job holders over time. As you can see... the number is lower than Trump's amazing economy pre pandemic. We arent even to that level yet. There are still more full time jobs in this country compared to back then.. yet you dont know that... why? Why would you allow youself to be lied to by the esteemed "twitchy" website?

View attachment 774208

~~~~~~
Indeed, you blame Covid crisis policies flaunted by Democrats, Fauci and Bai Dung. BTW unlike you. I have no masters telling me what to say, do or write.

 

[citygator]

~~~~~~
Indeed, you blame Covid crisis policies flaunted by Democrats, Fauci and Bai Dung. BTW unlike you. I have no masters telling me what to say, do or write.

Doc... you clicked "fake news" and then typed this unintelligible collection of letters and words. How about you simply note the good economic news and rethink your world view that any splinter you get must be Biden's fault and every piece of good fortune you ever got was thanks to Trump. It's tired.

 

[Rambunctious]

You’re the one who hates it. Lol. You can’t even see the good happening cuz libs

I know over the last three days some big corporations have had huge layoffs....

 

[Harpy Eagle]

Biden still can't reach the employment numbers we had under Trump... still over 3% unemployment...

Trump never got under 3%.