Economy in crapper with record high employment.

[SavannahMann]

The economy is awful. Record high employment shows that people are working. And that is awful.

Front Page Featured | MRCTV

www.cnsnews.com

Sure we have never had this many people working before. But that just shows how awful the economy is. Or something.

 

[SassyIrishLass]

Unemployment went up this week. Dumbass

 

[1srelluc]

Just goes to show how the dems can even fuck-up the way a recession works.

 

[SassyIrishLass]

50 percent of CEOs planning layoffs. Did MSNBC inform the sheep?

 

[Billy_Bob]

The economy is awful. Record high employment shows that people are working. And that is awful.

Front Page Featured | MRCTV

www.cnsnews.com

Sure we have never had this many people working before. But that just shows how awful the economy is. Or something.

You are aware that labor participation rate dropped almost 3 percent under Biden, don't you? this means there are far fewer people gainfully employed.

 

[JoeB131]

Unemployment went up this week. Dumbass

Actually, it didn't. It went from 3.7 to 3.5.

 

[Meister]

Actually it can be taken as bad news as it shows inflation is still a real issue.
The fed reserve will continue to raise rates.

 

[SassyIrishLass]

Actually it can be taken as bad news as it shows inflation is still a real issue.
The fed reserve will continue to raise rates.

And if it continues we're fckd

 

[JoeB131]

You are aware that labor participation rate dropped almost 3 percent under Biden, don't you? this means there are far fewer people gainfully employed.

Uh, no.. Actually, the Labor Participation rate before the TRUMP RECESSION hit was 63.4%. At the worst point it hit 60.8% It currently stands at 62.3.

Now, the Labor Participation Rate (Because you don't seem clear on the concept) is the percent of the population that is gainfully employed or seeking work. It hit a high of 67% in 2001 and has been declining slowly ever since, with a sharp drop in 2011 when the baby boomers started retiring.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

During the prosperous times of the 1960's, the LPR was only 58%. It started rising in the 1970's when Boomers started entering the workforce AND when women were more likely to pursue careers rather than just be homemakers!

Now, there are some other factors to consider here. One is that Covid made people really reconsider their relationship with work. Some people found it was better to economize and have one parent stay home than to have both work and pay for daycare.

 

[JoeB131]

Actually it can be taken as bad news as it shows inflation is still a real issue.
The fed reserve will continue to raise rates.

You have a point... the old ideas about beating inflation by screwing the working class with a recession may not fly anymore with an aging workforce.

 

[Indeependent]

Uh, no.. Actually, the Labor Participation rate before the TRUMP RECESSION hit was 63.4%. At the worst point it hit 60.8% It currently stands at 62.3.

Now, the Labor Participation Rate (Because you don't seem clear on the concept) is the percent of the population that is gainfully employed or seeking work. It hit a high of 67% in 2001 and has been declining slowly ever since, with a sharp drop in 2011 when the baby boomers started retiring.

Labor Force Participation Rate

View data of the percentage of the total U.S. population that is neither employed nor actively seeking work.

fred.stlouisfed.org

During the prosperous times of the 1960's, the LPR was only 58%. It started rising in the 1970's when Boomers started entering the workforce AND when women were more likely to pursue careers rather than just be homemakers!

Now, there are some other factors to consider here. One is that Covid made people really reconsider their relationship with work. Some people found it was better to economize and have one parent stay home than to have both work and pay for daycare.

It's called COVID and it struck the GLOBE.

 

[SassyIrishLass]

It's called COVID and it struck the GLOBE.

No no no it was Orange Man

 

[struth]

Yes we have a horrible economy, since screwing up the Trump Covid Recovery, and putting their Demafasicst agenda in place we have had three straighjt qtrs of NEGATIVE growth, record inflation, skyrocketing interest rates, the Xiden recession has been one of the worst on record, jobs are one fo the last things to go, and CEOs are predicting record levels of lay offs in the coming months.

Over 50% of CEOs Say They’re Considering Cutting Jobs

Remote workers may be the first to go. Microsoft researchers recently warned of "productivity paranoia" among managers about their hybrid workforce.

www.barrons.com

 

[Winco]

50 percent of CEOs planning layoffs. Did MSNBC inform the sheep?

Record # of people employed, and you are REQUIRED to make up some kind of negative.

Actually it can be taken as bad news as it shows inflation is still a real issue.
The fed reserve will continue to raise rates.

Missy just can't bring himself to acknowledge a POSITIVE.
C'mon applaud the RECORD employment numbers.
I dare ya.

It's called COVID and it struck the GLOBE.

Still stuck on stupid.
So did inflation, but whatever.

 

[struth]

Record # of people employed, and you are REQUIRED to make up some kind of negative.

Missy just can't bring himself to acknowledge a POSITIVE.
C'mon applaud the RECORD employment numbers.
I dare ya.

Still stuck on stupid.
So did inflation, but whatever.

positives? haha no,....we have had three straight qtrs of NEGATIVE growth thanks to the Xiden demafacist policies and war on the working class

 

[Superbadbrutha]

50 percent of CEOs planning layoffs. Did MSNBC inform the sheep?

Data from the U.S. Commerce Department shows that corporate profit margins are the largest they've been in 70 years,

 

[initforme]

Workers are getting smarter. Avoiding rotten employers. Emoyers are you g to need to up their game to attract people. This is a positive trend

 

[Toddsterpatriot]

The economy is awful. Record high employment shows that people are working. And that is awful.

Front Page Featured | MRCTV

www.cnsnews.com

Sure we have never had this many people working before. But that just shows how awful the economy is. Or something.

Increased employment and GDP is still shrinking.

Biden can't get anything right.

 

[Indeependent]

positives? haha no,....we have had three straight qtrs of NEGATIVE growth thanks to the Xiden demafacist policies and war on the working class

WINCO is a public school teacher...nuff said.

 

[Superbadbrutha]

positives? haha no,....we have had three straight qtrs of NEGATIVE growth thanks to the Xiden demafacist policies and war on the working class

Data from the U.S. Commerce Department shows that corporate profit margins are the largest they've been in 70 years,