August job numbers SUCK big time

[westwall]

The funny part is that Trump would have won if he only got the vote of Republicans who voted for other Republicans but not him

Trump did win. The Establishment stole the vote from We The People.

 

[edthecynic]

Trump did win. The Establishment stole the vote from We The People.

BULLSHIT!

 

[Deplorable Yankee]

Total nonfarm payroll employment rose by 235,000 in August

Employment Situation Summary - 2024 Q01 Results

www.bls.gov

For sure the Fed won't be addressing inflation any time soon based on this pathetic job growth.
So far the market is taking it better than I would expect.

Unemployment is over ...major financial journals are reporting American small businesses raising wages ...need help desperately but expect to be hiring bigly over the next couple months .....

I'm sure the government will step in and monkey wrench it

 

[Colin norris]

Total nonfarm payroll employment rose by 235,000 in August

Employment Situation Summary - 2024 Q01 Results

www.bls.gov

For sure the Fed won't be addressing inflation any time soon based on this pathetic job growth.
So far the market is taking it better than I would expect.

You're being a little recalcitrant. Some if those figures are quite embarrassing when all the repubs say the economy and jobs etc are tanking. That is simply not the case. Yet you are focusing on inflation which was started by trump handing out money to the poor people and blacks. Oooooooooh that must have hurt at the time. Didn't he know you didn't like it? You said nothing about that.
How coincidental?

 

[wamose]

Biden can't be worrying about the American worker because he's totally preoccupied with passing the voter fraud act and the freebies for votes act. But Biden isn't the idiot here. He's just the puppet who is being controlled by idiots.

 

[MisterBeale]

The funny part is that Trump would have won if he only got the vote of Republicans who voted for other Republicans but not him

Here's What Was Discovered About Dominion Machines Used in a Swing State​

Here's What Was Discovered About Dominion Machines Used in a Swing State

Wow.

townhall.com

 

[rightwinger]

Here's What Was Discovered About Dominion Machines Used in a Swing State​

Here's What Was Discovered About Dominion Machines Used in a Swing State

Wow.

townhall.com

Dominion is about to sue your asses for your misinformation

 

[skews13]

Total nonfarm payroll employment rose by 235,000 in August

Employment Situation Summary - 2024 Q01 Results

www.bls.gov

For sure the Fed won't be addressing inflation any time soon based on this pathetic job growth.
So far the market is taking it better than I would expect.

4.5 million jobs created in 7 months of Biden, and oh yeah...

 

[my2¢]

So, we just decide something is so based on uneducated guesses then?

These forecasts aren't anything more than guesses. For me I am using the jobs lost during the pandemic and seeking a monthly average that will bring those jobs back within a reasonable time span. I then compared that to the so-called "expert" forecasts to have some comfort to how reasonable are my expectations. .

A week before the numbers came out, this is what I posted towards my attitude of the August number. It also represents my thoughts towards a monthly average. A day before the numbers came out I looked at the "experts" forecast for August and saw they had it pegged at something like 756,000. That's an educated guess for you. On this, nobody should be initimidated by the thought of what do they know more than we know?

My Post of August 28th:

For August's new jobs number I'll set my grading scale as -

• at least 800,000: delighted
• 700,000 -799,999: pleased
• 600,000 - 699,999: indifferent
• 500,000 - 599,999: disappointed
• under 500,000: ticked

Jobless Claims Rising

Companies are STILL firing people and laying off people, and it has NOTHING to do with COVID! They continue to fire and lay off people BECAUSE JOBS ARE STILL BEING SHIPPED OVERSEAS TO INDIA, CHINA, AND SOUTH AMERICA!!! By the year 2050, there will be NO JOBS LEFT in the USA!!! What are people...

www.usmessageboard.com

 

[frigidweirdo]

These forecasts aren't anything more than guesses. For me I am using the jobs lost during the pandemic and seeking a monthly average that will bring those jobs back within a reasonable time span. I then compared that to the so-called "expert" forecasts to have some comfort to how reasonable are my expectations. .

A week before the numbers came out, this is what I posted towards my attitude of the August number. It also represents my thoughts towards a monthly average. A day before the numbers came out I looked at the "experts" forecast for August and saw they had it pegged at something like 756,000. That's an educated guess for you. On this, nobody should be initimidated by the thought of what do they know more than we know?

My Post of August 28th:

For August's new jobs number I'll set my grading scale as -

• at least 800,000: delighted
• 700,000 -799,999: pleased
• 600,000 - 699,999: indifferent
• 500,000 - 599,999: disappointed
• under 500,000: ticked

Jobless Claims Rising

Companies are STILL firing people and laying off people, and it has NOTHING to do with COVID! They continue to fire and lay off people BECAUSE JOBS ARE STILL BEING SHIPPED OVERSEAS TO INDIA, CHINA, AND SOUTH AMERICA!!! By the year 2050, there will be NO JOBS LEFT in the USA!!! What are people...

www.usmessageboard.com

It's not the forecasts that are the problem. It's the using the data without understanding all the other data and the situation that's the problem.

 

[my2¢]

It's not the forecasts that are the problem. It's the using the data without understanding all the other data and the situation that's the problem.

The so called 'experts' with all sorts of data at their fingertips were off by ½ million for August. So what's your point?

 

[frigidweirdo]

The so called 'experts' with all sorts of data at their fingertips were off by ½ million for August. So what's your point?

My point is you've come on here and said something, but you haven't been able to make a clear argument.

 

[Colin norris]

edthecynic
The economy was superb until the China Kung flu and the dead corpse has only made it worse

You need to check the current figures under Joe. You are wrong.

 

[my2¢]

My point is you've come on here and said something, but you haven't been able to make a clear argument.

The August number encourages further Fed's stimulus of the economy as opposed to attacking inflation. For anybody with the slightest understanding of the data and situation that should be self-evident. If you want to argue otherwise, have at it.

 

[frigidweirdo]

The August number encourages further Fed's stimulus of the economy as opposed to attacking inflation. For anybody with the slightest understanding of the data and situation that should be self-evident. If you want to argue otherwise, have at it.

View attachment 536092

Again, data needs to be in context. You talk about people who understand the data, I'm just not sure that's you.

 

[my2¢]

Again, data needs to be in context. You talk about people who understand the data, I'm just not sure that's you.

It's not the forecasts that are the problem. It's the using the data without understanding all the other data and the situation that's the problem.

How does that differ from Augusts in other years. Some months just suck every year.

The point about understanding data and putting it in context rings hollow coming from somebody that wonders about August job situation for 2021 compared to other years. It's as if you fail to accept that for the past 18 months the pandemic has been part of the economic situation. Put that in context.

 

[Flash]

Joe Potatohead inherited an improving economy coming off the Pandemic with Trump's Operation Warpspeed's vaccines.

Then he fucked it up just like he has always fucked things up. Just liked Obama warned us all that he would do.

Anybody that voted for him and then ignored the fact he stole the election is a friggin idiot. We all knew he was a incompetent dud.

 

[harmonica]

Biden policy is crushing the economy....

especially allowing in thousands of uneducated people .....

 

[harmonica]

Joe Potatohead inherited an improving economy coming off the Pandemic with Trump's Operation Warpspeed's vaccines.

Then he fucked it up just like he has always fucked things up. Just liked Obama warned us all that he would do.

Anybody that voted for him and then ignored the fact he stole the election is a friggin idiot. We all knew he was a incompetent dud.

good call with Mr Potatohead---he is non gender also

 

[frigidweirdo]

The point about understanding data and putting it in context rings hollow coming from somebody that wonders about August job situation for 2021 compared to other years. It's as if you fail to accept that for the past 18 months the pandemic has been part of the economic situation. Put that in context.

Such a detailed reply..... laughable.