BIDEN ECONOMY: US Loses 288,000 Full Time Jobs Over the Past 10 Months

Oh, look.

Hereā€™s what Cheryl Casone from Fox Business said:

ā€œI went through and looked at revisions and they are stunningā€¦ Thereā€™s 149,000 jobs that disappeared between February and March. Those revisionsā€¦thatā€™s why the market is jumping. ā€¦We went from 326k to 248k in February, 236k down to 165k in March.ā€

Tom Elliott sums up whatā€™s going on this way: ā€œSame routine every month: Media report headline jobs numbers are strong. More careful reporters dig into the numbers & see full-time jobs are being lost to part time, real wages are down, & earlier ā€œstrongā€ months are revised down. Yet the media fall for it every time.ā€


It's all a shell game. We're bleeding full time jobs, and gaining part time ones.

And by June/July - today's jobs report will again be revised well downwards with the same inherent trend.

Cue the cries of: "THIS ALWAYS HAPPENS!"

No, it is not normal for revised jobs numbers to convey the preponderance of growth in the part time sector.

Sorry, no dice.

This economy is distinctly bad.

And you Lefty idiots voted for it.
 
Oh, look.








It's all a shell game. We're bleeding full time jobs, and gaining part time ones.

And by June/July - today's jobs report will again be revised well downwards with the same inherent trend.

Cue the cries of: "THIS ALWAYS HAPPENS!"

No, it is not normal for revised jobs numbers to convey the preponderance of growth in the part time sector.

Sorry, no dice.

This economy is distinctly bad.

And you Lefty idiots voted for it.
And, when it finally becomes inescapable to all but the terminally uninformed that the economy is in the toilet, they will say it's TRUMP!'s fault.
 
We're bleeding full time jobs, and gaining part time ones.
Many people don't realize that wages are a very small part of the overall employment picture. While $15/hr minimums certainly don't help small employers out, worse yet are gov't mandated fees. SS, Disability insurance, sick leave, vacation, FMLA, maternity and paternity leaves, health and dental insurance... Rule of thumb is that benefits double the wage of an employee.
Employers are doing the only thing they can---shed full time jobs in favor of part timers. Part timers do not get benefits. The banks have been doing this for decades. So while it looks good on paper for the democrats to say "wages have doubled" -- real wages have actually decreased. One high point is that many of these lower wage earners are no longer on public assistance which also digs into their standard of living. A big vicious circle. The bottom line is there is no free lunch. If you don't produce a profit, there is not going to be an increase in your standard of living.
 
UE 3.0 in San Francisco City/County Unemployment Rate in San Francisco County/City, CA

UE 3.2 in Portland, Oregon Unemployment Rate in Seattle-Tacoma-Bellevue, WA (MSA)

Current Unemployment Rates for States and Historical Highs/Lows​

Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted
StateMarch 2023(P)
rate
Historical HighHistorical Low
DateRateDateRate
Alabama2.3Jan. 198314.9Mar. 20232.3
Alaska3.7May 202011.9Aug. 20223.6
Arizona3.5Apr. 202013.8Mar. 20233.5
Arkansas3.0Apr. 202010.1Mar. 20233.0
California4.4Apr. 202016.1Aug. 20223.8
Colorado2.8May 202011.6May 20172.4
Connecticut4.0May 202011.7Aug. 20002.0
Delaware4.4May 202013.4May 19882.8
District of Columbia4.8Mar. 198311.3Aug. 20223.9
Florida2.6May 202014.1June 20062.4
Georgia3.1Apr. 202012.4May 20222.9
Hawaii3.5Apr. 202022.6Dec. 20171.9
Idaho2.6Apr. 202011.7May 20222.5
Illinois4.4Apr. 202018.0Dec. 20193.6
Indiana3.1Apr. 202016.8Apr. 20222.8
Iowa2.8Apr. 202010.9Apr. 20222.3
Kansas2.9Apr. 202012.4Apr. 20222.4
Kentucky3.8Apr. 202016.7Mar. 20233.8
Louisiana3.6Apr. 202013.5Jan. 20233.5
Maine2.6May 20209.4Mar. 20232.6
Maryland2.7Apr. 20209.0Mar. 20232.7
Massachusetts3.5Apr. 202016.9Nov. 20002.7
Michigan4.1Apr. 202022.6Feb. 20003.2
Minnesota2.8May 202011.1Apr. 20222.3
Mississippi3.5Apr. 202015.6Mar. 20233.5
Missouri2.5Apr. 202011.4June 20222.1
Montana2.3Apr. 202011.9Mar. 20232.3
Nebraska2.1Apr. 20208.1Apr. 20222.0
Nevada5.5Apr. 202030.6Feb. 19993.8
New Hampshire2.4Apr. 202016.0Apr. 20222.1
New Jersey3.5May 202015.3Aug. 20223.0
New Mexico3.5Mar. 198310.5Aug. 20223.4
New York4.1May 202016.6June 20193.7
North Carolina3.5Apr. 202014.2Mar. 19993.1
North Dakota2.1Apr. 20208.7Aug. 20222.0
Ohio3.8Apr. 202016.4Mar. 20233.8
Oklahoma3.0Apr. 202012.5Apr. 20222.8
Oregon4.4Apr. 202013.7Dec. 20193.4
Pennsylvania4.2Apr. 202016.2Apr. 20004.1
Rhode Island3.1Apr. 202018.0May 19882.7
South Carolina3.2Dec. 200912.1Sept. 20192.4
South Dakota1.9Apr. 20208.8Mar. 20231.9
Tennessee3.4Apr. 202015.8June 20223.2
Texas4.0Apr. 202012.8June 20193.4
Utah2.4Apr. 202010.0May 20222.2
Vermont2.7Apr. 202014.0June 20191.9
Virginia3.2Apr. 202012.0Nov. 20002.1
Washington4.5Apr. 202016.6Feb. 20203.8
West Virginia3.4Mar. 198318.4Mar. 20233.4
Wisconsin2.5Apr. 202014.1Mar. 20232.5
Wyoming3.7Jan. 19879.1May 19792.3
Footnotes
 
hadit is uninformed about politics and history as much or more than religious practice.
I do know how democrats work, having observed them for a long time. Mark this, when the economy fails again, they will NOT blame Quid Pro Joe or any democrat, no matter how long they have dominated Washington.
 
Check the economic data for the last hundred years and explain why the economy does poorly under the GOP.

And "biden-economy-us-loses-288-000-full-time-jobs-over-the-past-10-months." is countered with 3,000,000 new jobs. How about that?
 
Check the economic data for the last hundred years and explain why the economy does poorly under the GOP.

And "biden-economy-us-loses-288-000-full-time-jobs-over-the-past-10-months." is countered with 3,000,000 new jobs. How about that?
Were they new jobs or just replacements for the ones lost in the pandemic shutdowns?
 
Many people don't realize that wages are a very small part of the overall employment picture. While $15/hr minimums certainly don't help small employers out, worse yet are gov't mandated fees. SS, Disability insurance, sick leave, vacation, FMLA, maternity and paternity leaves, health and dental insurance... Rule of thumb is that benefits double the wage of an employee.
Employers are doing the only thing they can---shed full time jobs in favor of part timers. Part timers do not get benefits. The banks have been doing this for decades. So while it looks good on paper for the democrats to say "wages have doubled" -- real wages have actually decreased. One high point is that many of these lower wage earners are no longer on public assistance which also digs into their standard of living. A big vicious circle. The bottom line is there is no free lunch. If you don't produce a profit, there is not going to be an increase in your standard of living.

Mic drop.
 
hadit is uninformed about politics and history as much or more than religious practice.

John Edgar Slow Horses is as dumb as an ox and knows as much about politics as your average bedwetting toddler.

Oh look, I can make baseless assertions with no facts to back them up also.
 
UE 3.0 in San Francisco City/County Unemployment Rate in San Francisco County/City, CA

UE 3.2 in Portland, Oregon Unemployment Rate in Seattle-Tacoma-Bellevue, WA (MSA)

Current Unemployment Rates for States and Historical Highs/Lows​

Current Unemployment Rates for States and Historical Highs/Lows, Seasonally Adjusted
DateRateDateRate
StateMarch 2023(P)
rate
Historical HighHistorical Low
Alabama2.3Jan. 198314.9Mar. 20232.3
Alaska3.7May 202011.9Aug. 20223.6
Arizona3.5Apr. 202013.8Mar. 20233.5
Arkansas3.0Apr. 202010.1Mar. 20233.0
California4.4Apr. 202016.1Aug. 20223.8
Colorado2.8May 202011.6May 20172.4
Connecticut4.0May 202011.7Aug. 20002.0
Delaware4.4May 202013.4May 19882.8
District of Columbia4.8Mar. 198311.3Aug. 20223.9
Florida2.6May 202014.1June 20062.4
Georgia3.1Apr. 202012.4May 20222.9
Hawaii3.5Apr. 202022.6Dec. 20171.9
Idaho2.6Apr. 202011.7May 20222.5
Illinois4.4Apr. 202018.0Dec. 20193.6
Indiana3.1Apr. 202016.8Apr. 20222.8
Iowa2.8Apr. 202010.9Apr. 20222.3
Kansas2.9Apr. 202012.4Apr. 20222.4
Kentucky3.8Apr. 202016.7Mar. 20233.8
Louisiana3.6Apr. 202013.5Jan. 20233.5
Maine2.6May 20209.4Mar. 20232.6
Maryland2.7Apr. 20209.0Mar. 20232.7
Massachusetts3.5Apr. 202016.9Nov. 20002.7
Michigan4.1Apr. 202022.6Feb. 20003.2
Minnesota2.8May 202011.1Apr. 20222.3
Mississippi3.5Apr. 202015.6Mar. 20233.5
Missouri2.5Apr. 202011.4June 20222.1
Montana2.3Apr. 202011.9Mar. 20232.3
Nebraska2.1Apr. 20208.1Apr. 20222.0
Nevada5.5Apr. 202030.6Feb. 19993.8
New Hampshire2.4Apr. 202016.0Apr. 20222.1
New Jersey3.5May 202015.3Aug. 20223.0
New Mexico3.5Mar. 198310.5Aug. 20223.4
New York4.1May 202016.6June 20193.7
North Carolina3.5Apr. 202014.2Mar. 19993.1
North Dakota2.1Apr. 20208.7Aug. 20222.0
Ohio3.8Apr. 202016.4Mar. 20233.8
Oklahoma3.0Apr. 202012.5Apr. 20222.8
Oregon4.4Apr. 202013.7Dec. 20193.4
Pennsylvania4.2Apr. 202016.2Apr. 20004.1
Rhode Island3.1Apr. 202018.0May 19882.7
South Carolina3.2Dec. 200912.1Sept. 20192.4
South Dakota1.9Apr. 20208.8Mar. 20231.9
Tennessee3.4Apr. 202015.8June 20223.2
Texas4.0Apr. 202012.8June 20193.4
Utah2.4Apr. 202010.0May 20222.2
Vermont2.7Apr. 202014.0June 20191.9
Virginia3.2Apr. 202012.0Nov. 20002.1
Washington4.5Apr. 202016.6Feb. 20203.8
West Virginia3.4Mar. 198318.4Mar. 20233.4
Wisconsin2.5Apr. 202014.1Mar. 20232.5
Wyoming3.7Jan. 19879.1May 19792.3
Footnotes

Way to turn out generic topline data that completely ignores the original thesis of this entire thread that completely debunks....wait for it.....the superficial topline data.

You definitely earned the "Slow" in your name, horsey.
 
I love how cult members in here cheered a 3.5% unemployment rate under the former 1-term fuckup while cry babying and pouting over our current 3.4% rate.
 

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