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Posted on 2/2/24 at 8:22 am to crewdepoo
quote:
Lots of people crying fake news at any positive economy news.
When the whole word is a giant conspiracy, reality gets suspended including good news.
In fairness “doom wishing” is common on both sides of the political spectrum. That is, hoping for economic crashes so the guy with your tribe’s letter next to his name can win.
Posted on 2/2/24 at 8:22 am to 225Tyga
quote:
I have a few different business’s.
quote:
business’s.
quote:
s’s.
Come on, guy.
Posted on 2/2/24 at 8:23 am to RLDSC FAN
353000 border crossers enlisted in the military
Posted on 2/2/24 at 8:27 am to RLDSC FAN
Yay more assholes moving to Texas to ruin things even more!
Posted on 2/2/24 at 8:28 am to crewdepoo
Because the month of Jan (just like last year when they claimed 800k jobs) uses crazy stats to create that. Seasonal adjustments, population control and new benchmarks the numbers are not legit. ADP doesnt match this, inital jobless claims rose this week
Everday we hear of big layoffs. Its crazy how easily manipulated libs are
Everday we hear of big layoffs. Its crazy how easily manipulated libs are
Posted on 2/2/24 at 8:30 am to crewdepoo
quote:
Please explain how it's a lie
How out of touch are you? Every month they release these rosy looking job numbers. Every month the media trumpets these numbers in big bold headlines. Then quiet, months later, the number is revised downward dramatically. They’re lying to us over and over and you’re still falling for it.
quote:
Between the downward adjustments for the monthly data and the semiannual benchmark, the number of jobs has been revised down by almost 700,000.
quote:
The revised estimate for gross domestic product in the second quarter of the year removed an eighth of the previously estimated growth, falling from 2.4% to 2.1%.
quote:
Perhaps the most notorious example this year has been the jobs numbers published by the Biden administration. Consider the newly released August jobs report. While the economy added 187,000 jobs last month, previous months were revised down by 110,000 jobs. That means 59% of the employment growth last month was jobs we thought we already had. In fact, every monthly employment report this year has been revised down, meaning the economy has been adding fewer jobs than initially believed. Worse, the Bureau of Labor Statistics published its semiannual benchmark revisions showing jobs were overestimated by more than 300,000.
quote:
Between the downward adjustments for the monthly data and the semiannual benchmark, the number of jobs has been revised down by almost 700,000. That’s 30% of the jobs initially estimated to have been added this year.
If Economic Growth Seems Too Good To Be True, That’s Because It Is
Posted on 2/2/24 at 8:30 am to SidetrackSilvera
Fixed! 
damn autocorrect brings out the grammar nazis
damn autocorrect brings out the grammar nazis Posted on 2/2/24 at 8:33 am to RLDSC FAN
Yeah. Now look at the nation debt. USA economy is a house of cards propped up by trillion dollar government deficit spending.
One day it will all come crashing down.
One day it will all come crashing down.
Posted on 2/2/24 at 8:34 am to Darth_Vader
quote:
How out of touch are you?
I guess I see it from other views for the most part. Corporate profits continue to rise. Many sectors are still desperate to find employees. Unemployment is still pretty damn now in most areas of the country.
With all that being said, yes most of these jobs are low end and government so I admit it's not a completely rosy picture. And yes, things are going to trend down in the not too distant future.
I just have fun being contrarian to those who have been predicting a crash, fall off the cliff, doomsday crap, etc any day now for almost two years.
Posted on 2/2/24 at 8:35 am to RLDSC FAN
I’m curious how many “jobs” are actually low paying part time jobs that people are picking up to make ends meet.
Posted on 2/2/24 at 8:37 am to 225Tyga
quote:
I have a few different businesses. All in all our operations added close to 2500 employees in January.
Impossible!!!!
Posted on 2/2/24 at 8:39 am to Darth_Vader
quote:
Perhaps it’s because we see headlines like this constantly then quietly a few months down the road there will be a “revised” much smaller number released that shows the original story was full of shite.
Don't look at the December revision baw.
Posted on 2/2/24 at 8:40 am to RLDSC FAN
Yeh... I dont trust anything from the government anymore.
These are bogus numbers just like the polls suggesting Mr. Potato head is leading in the poolls.
These are bogus numbers just like the polls suggesting Mr. Potato head is leading in the poolls.
Posted on 2/2/24 at 8:42 am to JohnnyKilroy
quote:
Don't look at the December revision baw
You mean the revised up 126k seasonal/part time jobs
How many second jobs do ppl need in this best of all time economy
Posted on 2/2/24 at 8:49 am to SDVTiger
quote:
You mean the revised up 126k seasonal/part time jobs
Who said they were seasonal or part time?
Did you just make that up?
Posted on 2/2/24 at 9:07 am to crewdepoo
quote:
Please explain how it's a lie
Because historically big jobs generators like tech and finance are laying people off. Companies amongst numerous industries are cutting headcount so that they can maintain profitability targets set by Wall Street.
Posted on 2/2/24 at 9:16 am to RLDSC FAN
From an article last week.
But I'm sure the jobs report for January 2024 is legit and the economy is strong.
quote:
"The government quietly erased 439,000 jobs through November 2023, a closer look at the numbers from the Bureau of Labor Statistics shows."
"Today, U.S. labor force participation is at a historically low 62.5%."
"A record high 8.69 million people now hold multiple jobs to make ends meet. The economy lost 1.5 million full-time workers since June of last year, while adding 796,000 part-time workers."
But I'm sure the jobs report for January 2024 is legit and the economy is strong.
Posted on 2/2/24 at 9:18 am to RLDSC FAN
People taking on second jobs to avoid going bankrupt from buying eggs and bread
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