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re: U.S. economy added 353,000 jobs in January
Posted on 2/2/24 at 9:29 am to Pettifogger
Posted on 2/2/24 at 9:29 am to Pettifogger
quote:
People taking on second jobs to avoid going bankrupt from buying eggs and bread
Yeah lots of that, but also as much or more is people having to take second jobs to pay for their stupid arse wasteful spending habits.
1
Posted on 2/2/24 at 9:31 am to notiger1997
quote:
but also as much or more is people having to take second jobs to pay for their stupid arse wasteful spending habits.
SO their spending was only stupid and wasteful recently? Why didn't they need second jobs prior to this "great" economy?
Posted on 2/2/24 at 9:35 am to RLDSC FAN
Posted on 2/2/24 at 9:36 am to CuseTiger
quote:
. All I've read about and experienced with friends and family is layoffs within the last few months.
Anecdotal evidence is anecdotal. news at 11.
Posted on 2/2/24 at 9:39 am to RLDSC FAN
Govt job growth is debt growth and not a good thing.
Posted on 2/2/24 at 9:41 am to kywildcatfanone
quote:
Govt job growth is debt growth and not a good thing.
Most of this is state and local governments and fed gov headcount is mostly flat over the past 3 years, which is amazing.
Posted on 2/2/24 at 9:46 am to RLDSC FAN
Biden IMHO will be re-elected.
Posted on 2/2/24 at 10:03 am to RLDSC FAN
You've created so much melting in this thread. 
Look at em all melt. Melt away little snowflakes.
I've never made more money than I did in 2023.
Look at em all melt. Melt away little snowflakes.
I've never made more money than I did in 2023.
Posted on 2/2/24 at 10:11 am to moon
quote:me either
I've never made more money than I did in 2023.
I don’t remember ever having interest rates high AND the stock market at all time highs
If you aren’t making money now you are probably never going to
Posted on 2/2/24 at 10:13 am to moon
quote:
I've never made more money than I did in 2023.
How about your cost of living?
Posted on 2/2/24 at 10:23 am to LNCHBOX
CNN is laying it on thick.
Posted on 2/2/24 at 10:26 am to crewdepoo
quote:
Lots of people crying fake news at any positive economy news.
Because they've learned to see through propaganda or lies, whichever you chose to call it.
Posted on 2/2/24 at 10:37 am to crewdepoo
Not had an opportunity to look at the report but it depends on how many of the private sector jobs are a result of the BLS birth/death model. This model is an estimate of how many net jobs the government thinks has been created via new business start ups and closures. There has been a historically wide divergence between this survey and the household survey which is showing much lower job grow. Indeed there were revisions in December that showed the BLS had overstated jobs estimates via the BD model by over 440,00 for the year of 2023..which was 40% of the job “growth” for the year. So essentially the monthly jobs reports were juiced by 40% via fake government estimates of jobs created via new business formations. Note that January in particular typically has a much larger % of jobs reported via this model due to seasonality. But again I have not had time to look to confirm this. Just answering your question.
Posted on 2/2/24 at 10:38 am to OLDBEACHCOMBER
quote:
Lots of people crying fake news at any positive economy news.
Because they've learned to see through propaganda or lies, whichever you chose to call it.
This 100%. They are strait up telling you to not believe your eyes or ears but to trust what the MSM is spewing. The economy for most is a disaster. It has not had the downward effect on me but most have been negatively effected.
Posted on 2/2/24 at 10:42 am to OLDBEACHCOMBER
quote:
Because they've learned to see through propaganda or lies, whichever you chose to call it.
Unless their guy is in office. Then all the positive numbers are pure truth.
Posted on 2/2/24 at 10:43 am to RLDSC FAN
quote:
U.S. economy added 353,000 jobs in January
No one actually believes this shite anymore.
Posted on 2/2/24 at 10:44 am to fjlee90
Explain to me why I know five people that have gotten laid off in the last two weeks?
Posted on 2/2/24 at 10:45 am to waiting4saturday
quote:
U.S. economy added 353,000 jobs in January
No one actually believes this shite anymore.
Its funny how the states numbers and the feds numbers differ so much. I wonder why that could be?
Posted on 2/2/24 at 10:48 am to RLDSC FAN
Posted on 2/2/24 at 10:51 am to JohnnyKilroy
quote:
Who said they were seasonal or part time?
1.4mil full time jobs lost last 3mnths
985k part time jobs added the last 3mnths
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