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Posted on 5/8/26 at 10:00 am to BCvol
Loading Twitter/X Embed...
If tweet fails to load, click here. Wage growth below inflation is the headline here.
Posted on 5/8/26 at 10:41 am to Ten Bears
quote:
But pretty neutral when you consider that we need to create 130-150k jobs a month just to replace those workers that leave the workforce via retirement, death, etc.
I guess you don’t understand automation, AI or efficiencies? You may want to rethink your post buddy!
Posted on 5/8/26 at 10:43 am to Powerman
quote:
Look at how many jobs were being created per month in 2023 and 2024
Did you forget that they had to revise those numbers down to the tune of 1.2M and that most of those jobs were government?
Posted on 5/8/26 at 11:10 am to stout
Transitory inflation
Posted on 5/8/26 at 11:16 am to BCvol
There you go, get another job to pay more for everything, including the war and it's impact.
Posted on 5/8/26 at 11:36 am to ABearsFanNMS
quote:
Did you forget that they had to revise those numbers down
he didn't forget. He's purposely being a clown.
Posted on 5/8/26 at 12:11 pm to jammajin
more winning
Posted on 5/8/26 at 2:47 pm to Powerman
quote:
Look at how many jobs were being created per month in 2023 and 2024
You mean the ones that were revised down by nearly a million when biden left, yeah I saw those.
Posted on 5/8/26 at 3:09 pm to stout
You are correct, when real wage growth goes negative it usually means employers dont have to raise wages to hire workers and a softer market. Which makes one wonder, Trump has nailed real wage growth for over a year now, yet the job market looks soft.
Could it be that illegals with SS numbers, and thus in the BLS numbers, nearly 3 million of them, have gone home and employers are bumping the wages to hire Americans?
That would be the only explanation for the lower job growth and higher wages.
This post was edited on 5/8/26 at 3:18 pm
Posted on 5/8/26 at 5:05 pm to trinidadtiger
“You mean the ones that were revised down by nearly a million when biden left, yeah I saw those”
Do you think Powerpissy saw that last months numbers were revised UPWARD as well
Probably not. Powerpissy is only impressed by bullshite job numbers filled with government positions and illegals which gets revised downward by hundreds of thousands.
None of theses realistic private sector native born additions do much for him.
Do you think Powerpissy saw that last months numbers were revised UPWARD as well
Probably not. Powerpissy is only impressed by bullshite job numbers filled with government positions and illegals which gets revised downward by hundreds of thousands.
None of theses realistic private sector native born additions do much for him.
Posted on 5/9/26 at 9:40 am to jammajin
facts
Posted on 5/9/26 at 10:14 am to jammajin
What growth?
Private sector net growth is near stagnant
During a news conference Wednesday, Powell said members of the Federal Open Market Committee were troubled by those findings.
“The thing that I think a good number of people on the committee are concerned about is just the very, very low level of job creation,” Powell said Wednesday.
“If you adjust what has been the trend in job creation over the past, let’s say, six months, for what we think is the overstatement due to overcounting, effectively there’s zero net job creation in the private sector,” he added.
Powell flagged tighter immigration policy under the Trump administration as a key driver of labor force contraction, resulting in a cooling job market.
He said the job numbers look like “what the economy needs in terms of dealing with the non-existent growth in the labor force,” but warned that this sort of situation is unprecedented.
“So you’ve got a sort of zero employment growth equilibrium,” he said. “Now that’s that’s balance, okay. But I would say it does have a feel of downside risk and it’s not kind of a really comfortable balance.”
Following the latest jobs report, Jeffrey Roach, chief economist at LPL Financial, told Fox Business that, “After lackluster job gains in 2025, the labor market is coming to a standstill.”
“The three-month average is 6,000 and the six-month average is negative for the fourth time in five months,” he said. “Looking ahead, we should expect the unemployment rate to rise.”
Democrats seized on the latest jobs report as evidence the economy was sliding toward recession, blaming Trump’s focus on foreign policy over domestic concerns and his tariff agenda.
Private sector net growth is near stagnant
Loading Twitter/X Embed...
If tweet fails to load, click here. During a news conference Wednesday, Powell said members of the Federal Open Market Committee were troubled by those findings.
“The thing that I think a good number of people on the committee are concerned about is just the very, very low level of job creation,” Powell said Wednesday.
“If you adjust what has been the trend in job creation over the past, let’s say, six months, for what we think is the overstatement due to overcounting, effectively there’s zero net job creation in the private sector,” he added.
Powell flagged tighter immigration policy under the Trump administration as a key driver of labor force contraction, resulting in a cooling job market.
He said the job numbers look like “what the economy needs in terms of dealing with the non-existent growth in the labor force,” but warned that this sort of situation is unprecedented.
“So you’ve got a sort of zero employment growth equilibrium,” he said. “Now that’s that’s balance, okay. But I would say it does have a feel of downside risk and it’s not kind of a really comfortable balance.”
Following the latest jobs report, Jeffrey Roach, chief economist at LPL Financial, told Fox Business that, “After lackluster job gains in 2025, the labor market is coming to a standstill.”
“The three-month average is 6,000 and the six-month average is negative for the fourth time in five months,” he said. “Looking ahead, we should expect the unemployment rate to rise.”
Democrats seized on the latest jobs report as evidence the economy was sliding toward recession, blaming Trump’s focus on foreign policy over domestic concerns and his tariff agenda.
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