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Message

re: BLS Jobs report +73k well below estimates. UE rises to 4.2

Posted on 8/1/25 at 9:14 am to
Posted by udtiger
Over your left shoulder
Member since Nov 2006
112877 posts
Posted on 8/1/25 at 9:14 am to
I don't trust anything the government tells me
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/1/25 at 9:14 am to
quote:

It's worth noting digging into the numbers that government and "public" jobs are taking big hits.


And foreign born employment is taking a hit too.
Posted by Figgy
CenCal
Member since May 2020
9801 posts
Posted on 8/1/25 at 9:16 am to
quote:

Is the economy good or bad? Take a stance.


We’re in a transitional phase. Gutting federal jobs and illegals makes an impact. Tariffs and the uncertainty around them has an impact too. Once we get the tariff situation stabilized, which is going to happen, small business owners will be able to move forward. The Fed will also play a role too. People have to be patient right now.
Posted by AU86
Member since Aug 2009
26257 posts
Posted on 8/1/25 at 9:16 am to
H1-B boy. You love those H1-B visa's.

You made plans for self deportation yet? How many illegals in your family?
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/1/25 at 9:17 am to
quote:

To build all of these data centers he has gotten trillions in commitments for is going to require a lot more electricians, HVAC, engineers and so on than we have in the workforce.


Plans are in the works and the energy will be coming out of West Texas. Electricity from NG is still a lot cheaper than nuclear. Nuclear is a long term solution but does not become viable until we get out of this NG glut.
Posted by The Maj
Member since Sep 2016
30546 posts
Posted on 8/1/25 at 9:22 am to
quote:

Like ppl arent in Vegas? I was there 30 days ago and it was packed


I have been there twice this year.... Once was for a huge equipment show, so tons of people there for that but the casinos were not packed either time... I was in there Saturday to Saturday both times...

Talked to some people in the industry in Vegas and each one said they thought there was a big shift to more entertainment and dining and away from gambling...

For a long time Vegas "visitor" it seemed strange but based on the pool parties and lines at the clubs, I could see their point...
Posted by trinidadtiger
Member since Jun 2017
18901 posts
Posted on 8/1/25 at 9:23 am to
Numbers jan through june

Biden added a million American jobs and a million foreign born jobs.

Trump added two million American jobs and lost 543K foreign born jobs.

He is absolutely nailing it for Americans, 300K a month. Does it surprise anyone that illegals going home is affecting overall job hires?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94203 posts
Posted on 8/1/25 at 9:26 am to
quote:

Talked to some people in the industry in Vegas and each one said they thought there was a big shift to more entertainment and dining and away from gambling


Yup it seems to be the play

Posted by GeauxBurrow312
Member since Nov 2024
5459 posts
Posted on 8/1/25 at 9:32 am to
quote:

Plans are in the works


Im just worried how long its going to take. HVAC has a big labor shortage already, and thats before all that money starts getting poured into new projects.

quote:

The HVAC industry is facing a significant and growing labor shortage, with a projected need for 400,000 technicians and installers but only employing around 300,000, and predictions suggesting that half of all field technician positions could be unfilled by 2027


Need to pump those numbers up. I recently got my HVAC replaced, those guys make a good living
This post was edited on 8/1/25 at 9:33 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94203 posts
Posted on 8/1/25 at 9:34 am to
Your melt is one of the best ever
Posted by LSURussian
Member since Feb 2005
133718 posts
Posted on 8/1/25 at 9:34 am to
quote:

There is a certain poster who relies on the accuracy of the BLS to make his argument
And yet YOU relied upon BLS stats to make your argument for this thread's topic.

Have you ever been diagnosed as being bi-polar?
Posted by PaperTiger
Ruston, LA
Member since Feb 2015
26349 posts
Posted on 8/1/25 at 9:35 am to
quote:

Manufacturing is cratering too. -11k jobs in July. -15k in June. -11k in May.


Trump has a shite ton of manufacturing lined up to come here. Just need it to actually get here.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94203 posts
Posted on 8/1/25 at 9:37 am to
quote:

And yet YOU relied upon BLS stats to make your argument for this thread's topic.


What the frick?

Have you been checked for dementia?
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 8/1/25 at 9:39 am to
quote:

Need to pump those numbers up. I recently got my HVAC replaced, those guys make a good living


You are right. It's a high demand field. Many millionaires can be made in this sector but have to be willing to work and work hard.
Posted by FLTech
Member since Sep 2017
25352 posts
Posted on 8/1/25 at 9:43 am to
Tourists haven’t dropped because of the economy lol Las Vegas tourism has dropped because people were sick and tired of getting ripped off, nickel and dimed every 2 seconds.. shitty service.. etc etc etc
Posted by KCT
Psalm 23:5
Member since Feb 2010
46593 posts
Posted on 8/1/25 at 9:44 am to
quote:

Lot's of "empty" Vegas reports on X.


No reason to go anymore. John Davidson retired.
Posted by LSURussian
Member since Feb 2005
133718 posts
Posted on 8/1/25 at 9:54 am to
quote:

And yet YOU relied upon BLS stats to make your argument for this thread's topic.

quote:

What the frick?

Have you been checked for dementia?


Are you claiming you did not use BLS stats for your thread's topic when the image you posted in you OP says this?:
quote:

BLS-Labor Statistics
@BLS_gov


So.....have you ever been tested for dementia??
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94203 posts
Posted on 8/1/25 at 9:55 am to
You have to be a retard. Something isnt right with you
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94203 posts
Posted on 8/1/25 at 9:58 am to
quote:

The ISM Manufacturing Index, which measures the health of the manufacturing industry in the US, decreased to 48 in the month of July, which was below expectations of 49.5, and marks 5 consecutive months of contraction in the manufacturing sector.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25102 posts
Posted on 8/1/25 at 10:05 am to
Everyone pointing out the price of Vegas is the real cause of the decline, not the economy.

Vegas basically has gone down the same path of Stellantis, where they are pricing out their bread and butter for better margins. Now they are on the same path that destroyed Jeep and Ram.

A rule was passed where they had to include the "resort fee" in the room price now, this caused every published room to basically increase $50/night. The resort fees have gone wild post Covid. Table minimums are up to $15 at least on Strip, with most being $25 at your better casinos. Gone are the days of $5/$10 tables. Almost every casino has switched to 6/5 blackjack from 3/2, which is a major rip-off. Then to finish it off, your player cards earn you essentially nothing.

You can go to Oklahoma and gamble with $1000 and probably get a free cruise in a comp. Do the same in Vegas, you might get a buffet.

Vegas will suffer until they bring back the bargains and kill off the resort fees.
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