US Economy adds 272,000 jobs

[airplanemechanic]

Is this thread about JOBS?

or is this thread about you attempts at deflection?
Take your Bull Shit somewhere else.

This thread is about the economy. Jobs are one aspect.

 

[Maxdeath]

This is false.

Yes it is false in all the far left publications like third reich news

 

[Maxdeath]

Estimates will be adjusted up.

Funny that they are always adjusted down and this one will be ”special” and will be adjusted up.

 

[22lcidw]

I would think that anything social services and government hiring would be in salaries and benefits more than hospitality. And we have the taxpayer footing the bill on a lot of it.

 

[John Edgar Slow Horses]

The economy is doing well.

 

[airplanemechanic]

The economy is doing well.

It is? Why is GDP so low, inflation so high, interest rates so high, and personal debt at a record high? Doesn't sound good to me. Sounds like a snowball rolling downhill.

 

[John Edgar Slow Horses]

GDP has been generally higher with Biden than Trump. Look it up. If won't, you know I am right.

 

[luiza]

The economy is doing well.

Inside The Most Ridiculous Jobs Report In Years​

See Zero Hedge commentary for the truth .

You can find the meaning word of the word Truth by a general search , Horsey Horse .

Any new news of the UAF, Horsey ? Have they captured any more six building abandoned villages ?

 

[Moonglow]

Well, that's good news. In Joe Bidens inflationary economy, people need more than one job to pay the bills.

But yet, still have record debt:

Household Debt and Credit Report

Unique data and insight into the credit conditions and activity of U.S. households

www.newyorkfed.org

Now a record number of mortgages and car loans are falling delinquent. I thought all these people had such wonderful jobs:



If they've all got such wonderful jobs, why can't they pay off their debts? And wouldn't all these wonderful jobs mean Biden can stop using taxpayer dollars for "student debt forgiveness"?

Credit card debt is 13.1% higher than a year ago. Where are all these wonderful jobs?

And if all these wonderful jobs are being created, why is the unemployment rate STILL higher than it was under Trump? 4%? And going UP?

When did you start working at McDonald's?

 

[Markle]

Great news for all Americans


Today's jobs report: US economy added booming 272,000 jobs in May, unemployment at 4%

Today's jobs report: US economy added booming 272,000 jobs in May, unemployment at 4%

Employers added a booming 272,000 jobs in May despite growing household financial strains. Unemployment rose to 4%.

www.usatoday.com

Latest jobs report shows accelerating job growth despite high interest rates

The US economy added 272,000 jobs in May, according to Labor Department data released Friday. The unemployment rate rose to 4% from 3.9%.

www.cnn.com

Unless you look a bit closer.

I'll explain if you need.

 

[John Edgar Slow Horses]

none of it matters, squyid

 

[John Edgar Slow Horses]

Yeah, the economy added almost 275,000 jobs. Yes.

 

[Markle]

Actually, Hourly pay increased 4.1% in the last year….outpacing inflation

Let us know when those wages have made up for this crushing inflation.

 

[Markle]

the amount has being going up at a steady rate since 2014, why did you not whine about it during the previous Admin?

 

[rightwinger]

Let us know when those wages have made up for this crushing inflation.

I am retired and my pension and social security have increased 17.8 percent in the last three years

That is from Biden

 

[Winco]

Let us know when those wages have made up for this crushing inflation.

Can you, better yet, WILL You, post a LINK for these FAKE Claims.

Post a LINK.

 

[Markle]

Can you, better yet, WILL You, post a LINK for these FAKE Claims.

Post a LINK.

I posted the facts; if you believe they are fake, that's your problem.

 

[Harpy Eagle]

It went down during COVID and savings rates went up.

 

[Harpy Eagle]

I posted the facts; if you believe they are fake, that's your problem.

Since they are facts, you can provide the data that backs them up, correct?

 

[Harpy Eagle]

Show me otherwise

$34 an hour is $68,000 a year

In 2023, the median annual wage for all U.S. workers was $48,060, according to the Bureau of Labor Statistics, which means Americans in around half the states earned less than that benchmark, while workers in the other half earned more.