Jobs report looks pretty scary

Crepitus

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July far lower than expected and May and June lowered by over 250,000 between them.

So now
May = 19,000
June = 14,000
July = 74,000

But I'll bet that gets significantly downgraded as well in the coming months.

This is what we who have common sense have been telling you is coming, but nobody wants to hear it.

 
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July far lower than expected and May and June lowered by over 250,000 between them.

So now
May = 19,000
June = 14,000
July = 74,000

But I'll bet that gets significantly downgraded as well in the coming months.

This is what we who have common sense have been telling you is coming, but nobody wants to hear it.

Were you hiding under your bed while posting this? It's like how experts told you months ago that tariffs would wipe us out, right?
 
Kinda explains a few things..........I argued that rates shouldn't drop but that was based upon what the government has been telling us.

Now that you look at how bad things really are......well, one has to reconsider.

I have to think Trump knew how bad things really were and was hoping a rate drop might mitigate things some.

Those are absolutely horrible job numbers.
 
Kinda explains a few things..........I argued that rates shouldn't drop but that was based upon what the government has been telling us.

Now that you look at how bad things really are......well, one has to reconsider.

I have to think Trump knew how bad things really were and was hoping a rate drop might mitigate things some.

Those are absolutely horrible job numbers.
An argument I have seen goes that the Fed was relying on good job numbers in order to hold off cutting rates and may have reduced room now.

Has Chump alone made a problem that Chump alone can fix, again?

Anyway, that's not enough to spoil my joy in watching Chump tax American consumers in order to 'punish' other countries.
 
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An argument I have seen goes that the Fed was relying on good job numbers in order to hold off cutting rates and may have reduced room now.

Has Chump alone made a problem that Chump alone can fix, again?

Trump doesn't have the temperament to fix anything.
 
Hmmm. I'd suggest he fixed the USSC.

So you liked when they agreed with the lower court that Trump needed to bring Garcia back?
 
Meh, anyone who wants a job in my AO has plenty to choose from.

The contractor doing my renovations has full crews for a change without using Hispanic labor.

Lots of young white men. I see that as a very good sign. :)
 
Meh, anyone who wants a job in my AO has plenty to choose from.

The contractor doing my renovations has full crews for a change without using Hispanic labor.

Lots of young white men. I see that as a very good sign. :)

If they are starting out as 2x the wages the previous workers were making. Anything less means dont show up.
 
So you liked when they agreed with the lower court that Trump needed to bring Garcia back?
Nah, that was nothing. What I really liked was when they made him king.

Now that was a fix.
 
Don't believe anything from Congress, lawyers, courts or GOVT until it is all cleaned up. If she cooked the stats to help Biden no doubt she is cooking the books against Trump.//

“I was just informed that our Country’s “Jobs Numbers” are being produced by a Biden Appointee, Dr. Erika McEntarfer, the Commissioner of Labor Statistics, who faked the Jobs Numbers before the Election to try and boost Kamala’s chances of Victory. This is the same Bureau of Labor Statistics that overstated the Jobs Growth in March 2024 by approximately 818,000 and, then again, right before the 2024 Presidential Election, in August and September, by 112,000. These were Records — No one can be that wrong? We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY. She will be replaced with someone much more competent and qualified. Important numbers like this must be fair and accurate, they can’t be manipulated for political purposes. McEntarfer said there were only 73,000 Jobs added (a shock!) but, more importantly, that a major mistake was made by them, 258,000 Jobs downward, in the prior two months. Similar things happened in the first part of the year, always to the negative. The Economy is BOOMING under “TRUMP” despite a Fed that also plays games, this time with Interest Rates, where they lowered them twice, and substantially, just before the Presidential Election, I assume in the hopes of getting “Kamala” elected – How did that work out? Jerome “Too Late” Powell should also be put “out to pasture.” Thank you for your attention to this matter!” Trump said on Truth Social on Friday.
 
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As I said earlier, if the numbers are Always revised downwards since the muslim in 09' then someone needs to look into why that is or quit posting the number? What good is a phony number every month? I always say, "I'll wait on the real stuff".
 
Don't believe anything from Congress, lawyers, courts or GOVT until it is all cleaned up. If she cooked the stats to help Biden no doubt she is cooking the books against Trump.//

“I was just informed that our Country’s “Jobs Numbers” are being produced by a Biden Appointee, Dr. Erika McEntarfer, the Commissioner of Labor Statistics, who faked the Jobs Numbers before the Election to try and boost Kamala’s chances of Victory. This is the same Bureau of Labor Statistics that overstated the Jobs Growth in March 2024 by approximately 818,000 and, then again, right before the 2024 Presidential Election, in August and September, by 112,000. These were Records — No one can be that wrong? We need accurate Jobs Numbers. I have directed my Team to fire this Biden Political Appointee, IMMEDIATELY. She will be replaced with someone much more competent and qualified. Important numbers like this must be fair and accurate, they can’t be manipulated for political purposes. McEntarfer said there were only 73,000 Jobs added (a shock!) but, more importantly, that a major mistake was made by them, 258,000 Jobs downward, in the prior two months. Similar things happened in the first part of the year, always to the negative. The Economy is BOOMING under “TRUMP” despite a Fed that also plays games, this time with Interest Rates, where they lowered them twice, and substantially, just before the Presidential Election, I assume in the hopes of getting “Kamala” elected – How did that work out? Jerome “Too Late” Powell should also be put “out to pasture.” Thank you for your attention to this matter!” Trump said on Truth Social on Friday.

Right. The dying gasp of TDS.

My hubby was in the job market last fall-early Spring and it was HORRIBLE. He started getting good offers long about May (but already had something else lined up).
 
As I said earlier, if the numbers are Always revised downwards since the muslim in 09' then someone needs to look into why that is or quit posting the number? What good is a phony number every month? I always say, "I'll wait on the real stuff".

They aren't always revised downward.

 
They aren't always revised downward.



Stain much?

Yes, that's generally accurate. There have been significant downward revisions to US job numbers since 2009, particularly in recent years. These revisions mean that the initial reports from the Bureau of Labor Statistics (BLS) tend to overstate the actual number of jobs created. The most recent large revision, in 2024, was the biggest since 2009.
 
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