Jobs. Jobs everywhere! - Jan Jobs increases by 350k due to Bidenomics

[progressive hunter]

The train has left the station folks. We are on the greatest economic rise of our generation. Jobs everywhere, wages rising faster than prices, consumer confidence on a rocket ship to the moon. My thoughts and prayer go out to right wing doomsday hopefuls everywhere.

• The January jobs report showed that the US economy added a stunning 353,000 jobs last month, confounding market expectations Friday morning and pushing up Treasury yields.
• The unemployment rate stayed at 3.7%.
• Job gains were mostly focused in health care and social assistance, according to the Bureau of Labor Statistics.
• A new CNN poll shows the public’s long-held pessimism about the economy is easing.

In addition to Jobs everywhere the consumer confidence levels are higher than they’ve been in 3 years.

US Uni Of Mich. Sentiment Jan F: 79.0 (est 78.9; prev 78.8)- Sentiment Jan F: 81.9 (est 83.5; prev 83.3)- Sentiment Jan F: 77.1 (est 76.0; prev 75.9)- 1 Yr Inflation Jan F: 2.9% (est 2.9%; prev 2.9%)- 5-10 Yr Inflation Jan F: 2.9% (est 2.8%; prev 2.8%)

Live updates: Another shockingly good jobs report shows America's economy is booming

The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It's yet another data point that underlines the country's economic strength, even in the face of 11 rate hikes from the Federal Reserve.

cnn.it

 

[citygator]

Whoa. A tick tok! Sell that shit elsewhere. This economy is rolling!

 

[JohnDB]

Measured the same way as always. This economy is running circles around the Trump economy. If you aren’t doing well you need to look in the mirror not in the swamp.

No, they aren't the same and they are saying they aren't calculated same and not comparable to December's numbers....read something sometime.

 

[citygator]

No, they aren't the same and they are saying they aren't calculated same and not comparable to December's numbers....read something sometime.

That is just not true John.

 

[JohnDB]

That is just not true John.

Don't take my word for it...

I'm not just making crap up...unlike they are. That's what they said.

 

[JohnDB]

That is just not true John.

 

[JohnDB]

 

[citygator]

That doesn’t impact how they count jobs. They are simply updating how many people live in in the US with better data. Has no effect on number of employed. And in table B they show the old data and new data so you can see the population difference. Job counting didn’t change.

Employment Situation Summary - 2024 M04 Results

www.bls.gov

 

[JohnDB]

 

[citygator]

Work from home will pull value out of commercial real estate for the next decade. Most companies have long term leases so it wont be all at once. That fact is a market shift not an economic indicator. I'd suggest not investing in commercial real estate unless you have a good idea how to make money with it.

 

[gipper]

Work from home will pull value out of commercial real estate for the next decade. Most companies have long term leases so it wont be all at once. That fact is a market shift not an economic indicator. I'd suggest not investing in commercial real estate unless you have a good idea how to make money with it.

It’s not all peaches and cream.
The bottom fifty percent of Americans make less than $30,000 annually, and have less than one percent of the collective wealth. That’s a figure that should astonish all Americans. It’s a glaring indictment of our chrony capitalist system. What kind of marketplace can’t provide virtually any wealth for half of the people? If you throw in the untold millions of illegal immigrants, which probably aren’t included in the statistics, the figure might be closer to fifty five or even sixty percent. That’s not representative of a First World economy.
Indentured Taxpayers and the Casino Economy - LewRockwell

 

[Markle]

The train has left the station folks. We are on the greatest economic rise of our generation. Jobs everywhere, wages rising faster than prices, consumer confidence on a rocket ship to the moon. My thoughts and prayer go out to right wing doomsday hopefuls everywhere.

• The January jobs report showed that the US economy added a stunning 353,000 jobs last month, confounding market expectations Friday morning and pushing up Treasury yields.
• The unemployment rate stayed at 3.7%.
• Job gains were mostly focused in health care and social assistance, according to the Bureau of Labor Statistics.
• A new CNN poll shows the public’s long-held pessimism about the economy is easing.

In addition to Jobs everywhere the consumer confidence levels are higher than they’ve been in 3 years.

US Uni Of Mich. Sentiment Jan F: 79.0 (est 78.9; prev 78.8)- Sentiment Jan F: 81.9 (est 83.5; prev 83.3)- Sentiment Jan F: 77.1 (est 76.0; prev 75.9)- 1 Yr Inflation Jan F: 2.9% (est 2.9%; prev 2.9%)- 5-10 Yr Inflation Jan F: 2.9% (est 2.8%; prev 2.8%)

Live updates: Another shockingly good jobs report shows America's economy is booming

The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It's yet another data point that underlines the country's economic strength, even in the face of 11 rate hikes from the Federal Reserve.

cnn.it

Yeah, right, right, right!

ECONOMICS

The Bankruptcy of Bidenomics​

Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.​

PETER SUDERMAN | FROM THE MARCH 2024 ISSUE

The bankruptcy of Bidenomics

Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

reason.com

 

[Markle]

Thank you Joe Biden, the greatest administration in world history!

 

[Markle]

The train has left the station folks. We are on the greatest economic rise of our generation. Jobs everywhere, wages rising faster than prices, consumer confidence on aYea rocket ship to the moon. My thoughts and prayer go out to right wing doomsday hopefuls everywhere.

• The January jobs report showed that the US economy added a stunning 353,000 jobs last month, confounding market expectations Friday morning and pushing up Treasury yields.
• The unemployment rate stayed at 3.7%.
• Job gains were mostly focused in health care and social assistance, according to the Bureau of Labor Statistics.
• A new CNN poll shows the public’s long-held pessimism about the economy is easing.

In addition to Jobs everywhere the consumer confidence levels are higher than they’ve been in 3 years.

US Uni Of Mich. Sentiment Jan F: 79.0 (est 78.9; prev 78.8)- Sentiment Jan F: 81.9 (est 83.5; prev 83.3)- Sentiment Jan F: 77.1 (est 76.0; prev 75.9)- 1 Yr Inflation Jan F: 2.9% (est 2.9%; prev 2.9%)- 5-10 Yr Inflation Jan F: 2.9% (est 2.8%; prev 2.8%)

Live updates: Another shockingly good jobs report shows America's economy is booming

The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It's yet another data point that underlines the country's economic strength, even in the face of 11 rate hikes from the Federal Reserve.

cnn.it

Yeah, right, right, right.

 

[citygator]

It’s not all peaches and cream.
The bottom fifty percent of Americans make less than $30,000 annually, and have less than one percent of the collective wealth. That’s a figure that should astonish all Americans. It’s a glaring indictment of our chrony capitalist system. What kind of marketplace can’t provide virtually any wealth for half of the people? If you throw in the untold millions of illegal immigrants, which probably aren’t included in the statistics, the figure might be closer to fifty five or even sixty percent. That’s not representative of a First World economy.
Indentured Taxpayers and the Casino Economy - LewRockwell

Lots of opportunity in the US to improve equity and optimize outcomes. You wont find any suggestions from the GOP to address it though.

 

[citygator]

Yeah, right, right, right.

Wages grew faster:

 

[gipper]

Lots of opportunity in the US to improve equity and optimize outcomes. You wont find any suggestions from the GOP to address it though.

Nor the D Party.

 

[Markle]

Wages grew faster:

View attachment 897491

Thank you! You scorn MAGA (Make America Great Again), but you boast of a 2.8% increase in wages while groceries increased THIRTY PERCENT! Are you serious?

I don't care that other countries are doing worse than America. That's a major difference between you Democrats and President Trump. Trump looks to make AMERICA GREAT; Democrats hope to be better than others.

Thanks for your help!

 

[citygator]

Thank you! You scorn MAGA (Make America Great Again), but you boast of a 2.8% increase in wages while groceries increased THIRTY PERCENT! Are you serious?

I don't care that other countries are doing worse than America. That's a major difference between you Democrats and President Trump. Trump looks to make AMERICA GREAT; Democrats hope to be better than others.

Thanks for your help!

I scorn MAGA because they are dumb. Like your post which shows you don’t know that ‘real wage’ growth is already adjusted for inflation. Wages are up 2.8% more than inflation.

 

[Lastamender]

Whoa. A tick tok! Sell that shit elsewhere. This economy is rolling!