Disaster: The Economy Added Just 12,000 Jobs In October

[struth]

your link is 17 months old.

Holy **** dude, could you get any more dishonest?

and UE has gone up since then.

 

[Harpy Eagle]

The fed will probably stick to their 25 basis point cut sometime this month.

I am hoping this will get them to pump it to 50

 

[Harpy Eagle]

oh the 48 hour "strike" hahah

I accept your surrender.

 

[22lcidw]

Sorry but you can’t absolve Trump of any responsibility for COVID while you blame Biden for COVID related inflation.

Progs printed trillions more than they had to. Most of the inflation is from that. Progs paid a lot of people off with all of those fancy Commie named passed legislation acts. Covid played a role though.

 

[struth]

I accept your surrender.

you are the one blaming a 48 hour strike for Xiden and Harris losing jobs....gotcha. hahah

 

[rightwinger]

There is no Covid related inflation

Fact Check: Biden Misleads on Job “Creation” Statistics | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

• Recovery versus “Creation.” Nearly 72 percent of all job gains since 2021 were simply jobs that were being recovered from the pandemic, not new job creation. In fact, when looking at today’s economy compared to pre-pandemic levels, employment is up only by 3.7 million.
  • On the other hand, prior to the pandemic, job creation under President Trump was 6.7 million—3 million more jobs than the current President.
• Labor Force Participation Was Stronger Under Trump. The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office. When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.
• Wages Are Not Keeping up with Biden’s Inflation Crisis. Real wages are down over 5 percent since President Biden entered the Oval Office.
• Inflation Still Shows No Signs of Slowing Down. Americans are still feeling the sting of this inflation crisis—prices are up 15.3 percent under Biden. Inflation remains over three times higher than just a couple years ago.

There was plenty of COVID related inflation as supply chains were interrupted

 

[Harpy Eagle]

Progs printed trillions more than they had to.

It was not the progs, it was the duopoly. Hell your god Trump was pushing for more money than even the Dems wanted.

 

[Harpy Eagle]

you are the one blaming a 48 hour strike for Xiden and Harris losing jobs....gotcha. hahah

I did? can you show me that post please?

I will be happy to wait.

Did you shit your pants like this when Trump only added 5k in Feb of 2019?

 

[struth]

I did? can you show me that post please?

I will be happy to wait.

Did you shit your pants like this when Trump only added 5k in Feb of 2019?

sorry that was Zinc poster

 

[Harpy Eagle]

sorry that was Zinc poster

Did you shit your pants like this when Trump only added 5k in Feb of 2019?

 

[Zincwarrior]

Market is up 550 points.

https://www.cnn.com/markets

 

[Zincwarrior]

sorry that was Zinc poster

Two strikes.

 

[struth]

Did you shit your pants like this when Trump only added 5k in Feb of 2019?

no, because in Feb of 2019 UE rate was 3.8 percent

 

[Care4all]

Sorry to disappoint you Trumpers!


1 hr 48 min ago

Markets open higher, investors unbothered by jobs report​

People walk outside of the New York Stock Exchange (NYSE) on October 16, 2024 in New York City.
Spencer Platt/Getty Images
US markets opened higher Friday morning following the weakest jobs report since December 2020.
Investors, say analysts, are simply focused on other things.
“Markets can likely park the October jobs report to the side,” wrote Seema Shah, chief global strategist at Principal Asset Management, in a note Friday. “Quite clearly, the hurricane has taken a heavy toll on the numbers, clouding the picture of labor market strength, and so should not impact the Fed’s policy rate path.”
Big tech, meanwhile, sent major indexes higher after Amazon and Intel delivered-better than-expected third-quarter earnings reports.
The S&P 500 opened 0.4% higher; the Dow was up 191 points, or 0.5%; and the Nasdaq gained 0.5%.

https://www.cnn.com/business/live-news/us-jobs-report-october-11-01-24/index.html

 

[Harpy Eagle]

no, because in Feb of 2019 UE rate was 3.8 percent

and now it is a whooping 4.1

I just love you cult members, you are so much fun

 

[struth]

and now it is a whooping 4.1

I just love you cult members, you are so much fun

Yes, from Feb 2019 it was going downward, down to I think about 3.5 percent by years end.

It's been on a climb since December of 2023. The Xiden/Harris policies are really taking hold, and people simply aren't returning to the Trump jobs prior to Covid

 

[Harpy Eagle]

Yes, from Feb 2019 it was going downward, down to I think about 3.5 percent by years end.

It's been on a climb since December of 2023. The Xiden/Harris policies are really taking hold, and people simply aren't returning to the Trump jobs prior to Covid

It has been going down since July.

 

[Care4all]

Update!

Dow rises by 500 points as investors shrug off mixed jobs report​

 

[struth]

It has been going down since July.

it's been going up, floating around 4.0-4.1 percent from the low

 

[Harpy Eagle]

it's been going up, floating around 4.0-4.1 percent from the low

It has been going down since July.