Mind-blowing jobs numbers means inflation may not be done

[Fort Fun Indiana]

Employment Situation Summary - 2024 Q01 Results

www.bls.gov

Oops, you did it again. You're so steeped in your delusions, you can't even discern what people are mocking you for.

 

[Lastamender]

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

I've seen a lot of people saying that inflation has been beaten, and I don't think I'd make that assumption.

This economy is on fire, and we're not yet removed enough from inflationary forces to declare anything. The market, particulary QQQ, will be worried by this.

These jobs numbers will provide more grist for the Fed to increase rates again. We'll see.

Your pants are on fire and your little brain is fried. The economy is the worst it has been since the Depression.

 

[Mac1958]

Oops, you did it again. You're so steeped in your delusions, you can't even discern what people are mocking you for.

This is a madness. A true, literal group pathology. Look at post 22.

 

[Harpy Eagle]

Employment Situation Summary - 2024 Q01 Results

www.bls.gov

I cannot find the part about them being low paying government jobs created to assist the illegals.

 

[Lastamender]

This is a madness. A true, literal group pathology. Look at post 22.

Calling you a lying hack is madness? I don't think so. Deal with it.

 

[Harpy Eagle]

52,000 jobs, by far the highest number of any sector.

only 7000 were Fed, the rest were state level, so we are talking like 900 per state. Does not really seem worthy of being triggered over.

 

[bigrebnc1775]

Damn.

Are you a democrat now?

Sarcasm

 

[Faun]

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

I've seen a lot of people saying that inflation has been beaten, and I don't think I'd make that assumption.

This economy is on fire, and we're not yet removed enough from inflationary forces to declare anything. The market, particulary QQQ, will be worried by this.

These jobs numbers will provide more grist for the Fed to increase rates again. We'll see.

I don't know. Other bad news with December's numbers was a drop of 1.5 million full time jobs.

 

[Deplorable Yankee]

December jobs report: US economy adds 216,000 jobs, shocking Wall Street

Investors' soft landing narrative is once again put to the test with the release of the December jobs report.

finance.yahoo.com

I've seen a lot of people saying that inflation has been beaten, and I don't think I'd make that assumption.

This economy is on fire, and we're not yet removed enough from inflationary forces to declare anything. The market, particulary QQQ, will be worried by this.

These jobs numbers will provide more grist for the Fed to increase rates again. We'll see.

You don't have a mind to blow ...ya establishment boot lickin monkey

 

[Orangecat]

Mind-blowing jobs numbers means inflation may not be done​

Considering the fact that small minds are easily blown, this isn't unexpected.

 

[Mac1958]

I don't know. Other bad news with December's numbers was a drop of 1.5 million full time jobs.

This data never goes in one direction. GDP is still very hot. Which, by the way, means more inflationary pressure.

Too many government jobs too, but their money is green and they're spending it. Lots of conflicting currents, as usual.

I see that Yellen is saying we've achieved the "soft landing", and I'm not buying that at all, yet. Overall it's still too hot and renewed inflation could feed on itself VERY quickly again.

 

[Mac1958]

The standard personal insults from the regular folks. Over economic news.



Always a good sign.

 

[Meister]

I cannot find the part about them being low paying government jobs created to assist the illegals.

Just use some common sense, okay? Why would there be a need for 21,000 new jobs for social services?

 

[Lastamender]

This data never goes in one direction. GDP is still very hot. Which, by the way, means more inflationary pressure.

Too many government jobs too, but their money is green and they're spending it. Lots of conflicting currents, as usual.

I see that Yellen is saying we've achieved the "soft landing", and I'm not buying that at all, yet. Overall it's still too hot and renewed inflation could feed on itself VERY quickly again.

And none of this has anything to do with the illegitimate administration's policies? It is because of those policies.

 

[Harpy Eagle]

You don't have a mind to blow ...ya establishment boot lickin monkey


View attachment 883812

and yet, even with those revisions 3,203,306 jobs were added and there are 2,884,000 more people working than there was at the start of 2023.

Those are good numbers for anyone that is not wishing pain on the country to win a few more votes in Nov for their beloved party.

 

[Deplorable Yankee]

The standard personal insults from the regular folks. Over economic news.



Always a good sign.

Your state approved propaganda is not news it's just misinformation....

Some bullies say misinformation is a bad thing

Your banana ration will be reduced

 

[Harpy Eagle]

Just use some common sense, okay? Why would there be a need for 21,000 new jobs for social services?

you need to make up your mind, are the Govt jobs or social assistance jobs?

 

[Harpy Eagle]

Just use some common sense, okay? Why would there be a need for 21,000 new jobs for social services?

These are the jobs that make up the Social Assistance industry...

 

[Faun]

This data never goes in one direction. GDP is still very hot. Which, by the way, means more inflationary pressure.

Too many government jobs too, but their money is green and they're spending it. Lots of conflicting currents, as usual.

I see that Yellen is saying we've achieved the "soft landing", and I'm not buying that at all, yet. Overall it's still too hot and renewed inflation could feed on itself VERY quickly again.

Expect 4th GDP to be big too. I was at the Sawgrass mall in Florida on Dec 31 and it was a sea of people. It's one of the biggest malls in the country. I've never seen it so crowded. Took about 20 minutes just to find a parking spot. Plus Black Friday and Cyber Monday were both huge.

 

[Mac1958]

Expect 4th GDP to be big too. I was at the Sawgrass mall in Florida on Dec 31 and it was a sea of people. It's one of the biggest malls in the country. I've never seen it so crowded. Took about 20 minutes just to find a parking spot. Plus Black Friday and Cyber Monday were both huge.

Yeah, I always ask people what crowds look like in different places. Obviously that's anecdotal, but it actually has been a decent indicator over the years.

It would be nice if they'd redirect some of those dollars they're spending into IRA's. That would both cool things down and help them in the future. On the other end, household debt is up (that includes mortgages and student loans).