December jobs report misses expectations by more than 50%

[otto105]

"The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estimated by economists surveyed by Bloomberg."

US stocks slip after the December jobs report badly misses expectations

The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median estimate. Hiring faltered in December as Omicron cases surged.

markets.businessinsider.com

Afghanistan withdrawal: fail
Securing the border: fail
Covid19 reduction: fail
Economy: fail


Let's go Brandon!

Afganistan withdrawal: Done

Securing the Birder: Done with sanity ruling again.

COVID 19 reduction: Less deaths in total, less misery for the fully vaccinated.

Economy: 3.9% unemployment
5.8% real wage growth
6.0% GDP growth
6.4 million more jobs in 2021


Let’ Go Darwin!

 

[otto105]

MO

is this where we post revisions to the December number going forward?

 

[HereWeGoAgain]

Afganistan withdrawal: Done

Securing the Birder: Done with sanity ruling again.

COVID 19 reduction: Less deaths in total, less misery for the fully vaccinated.

Economy: 3.9% unemployment
5.8% real wage growth
6.0% GDP growth
6.4 million more jobs in 2021


Let’ Go Darwin!

You didnt address inflation or the Americans left in Afghanistan.

 

[otto105]

You didnt address inflation or the Americans left in Afghanistan.

Sure, inflation is currently at 7.0% because people are buying shit like crazy.

What Americans?

 

[HereWeGoAgain]

Sure, inflation is currently at 7.0% because people are buying shit like crazy.

What Americans?

Inflation is the worst it's ever been in the last forty years and any increase in pay,if there actually is an increase,is wiped out by that inflation.

 

[otto105]

Inflation is the worst it's ever been in the last forty years and any increase in pay,if there actually is an increase,is wiped out by that inflation.

So, how are Americans spending like crazy?

 

[otto105]

How can it be that supply isn’t meeting demand?

Where the fuck is Adam smith?

 

[Indeependent]

So, how are Americans spending like crazy?

Loans from banks to unqualified people such as yourself.
Are you really so stupid you had to ask that question?

 

[AzogtheDefiler]

Omicron.

Megatron

 

[AzogtheDefiler]

So, how are Americans spending like crazy?

They are buying in bulk as they aren’t sure how long the supply chain crisis will last

 

[otto105]

Loans from banks to unqualified people such as yourself.
Are you really so stupid you had to ask that question?

Bank loans are causing inflation?

Dude, this ain’t your game is it.

 

[Indeependent]

Bank loans are causing inflation?

Dude, this ain’t your game is it.

Yes, moron.
It's obvious you know nothing about loose money.
Ever hear of the DOT COM crash and the Housing Bubble crash?
Damn, you're a moron.

 

[otto105]

Yes, moron.
It's obvious you know nothing about loose money.
Ever hear of the DOT COM crash and the Housing Bubble crash?
Damn, you're a moron.

And this situation is the same in your mind Groucho?

How so? This will be fun.

 

[AzogtheDefiler]

And this situation is the same in your mind Groucho?

How so? This will be fun.

I explained it. Why are you still arguing?

 

[HereWeGoAgain]

So, how are Americans spending like crazy?

Prove it.

 

[otto105]

Loans from banks to unqualified people such as yourself.
Are you really so stupid you had to ask that question?

I have loans from a bank to spend money on consumables?

WTF is you point.

 

[San Souci]

I have too much pride to go that route.

The unpersons who prefer staying unemployed sure have no pride.

 

[Lesh]

"The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estimated by economists surveyed by Bloomberg."

US stocks slip after the December jobs report badly misses expectations

The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median estimate. Hiring faltered in December as Omicron cases surged.

markets.businessinsider.com

Afghanistan withdrawal: fail
Securing the border: fail
Covid19 reduction: fail
Economy: fail


Let's go Brandon!

December jobs report revised upward by more than 200,00. November by 400,000

Jan jobs report almost 500,000

Economy doing well in spite of omicron...which hass probably peaked.

 

[westwall]

Not sure it is a good thing.

If folks don't work...they don't make money.

Without money, less is bought.

Less bought, less demand, more people lose their jobs.

If folks don't work...they don't make money.

Without money, less is bought.

Less bought, less demand, more people lose their jobs.

If folks don't work...they don't make money.

Without money, less is bought.

Less bought, less demand, more people lose their jobs.

Recognise the cycle?

It could result in an economic death spiral.

Leftists recognize nothing.

 

[otto105]

"The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median forecast estimated by economists surveyed by Bloomberg."

US stocks slip after the December jobs report badly misses expectations

The US added 199,000 nonfarm payrolls last month, far lower than the 450,000 median estimate. Hiring faltered in December as Omicron cases surged.

markets.businessinsider.com

Afghanistan withdrawal: fail
Securing the border: fail
Covid19 reduction: fail
Economy: fail


Let's go Brandon!

With today's revision the 2021 December jobs gains now stand at 510,000. The revision reflected an upward adjustment of 320,000 jobs.

The final revision for November 2021 was 647,000 instead of the 249,000 estimate.



Thanks President Biden.