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Started By
Message
re: March Jobs Report - Best since August of last year
Posted on 4/14/21 at 9:31 am to Bass Tiger
Posted on 4/14/21 at 9:31 am to Bass Tiger
Any future stimulus at this point should only be direct payments to the citizens
0
Posted on 4/14/21 at 9:31 am to Powerman
Burger flippers are making bank.
Posted on 4/14/21 at 9:33 am to Powerman
I am shocked that you've done a 180 on your thinking. Do you still have the autographed picture of Faucci on your nightstand? Idiot!
Posted on 4/14/21 at 9:37 am to Powerman
quote:
Feel free to find whatever source you want for those that will say "OMG NOT CLICKING IT'S CNBC"
Econintersect.com
-The Bureau of Labor Statistics (BLS) systemically overstates the number of jobs created, especially during the last economic cycle.
-The BLS has failed to account for the rise in part-time and contractual work arrangements, while all evidence points to a significant and rapid increase in the so-called contingent workforce.
-Full-time jobs are being replaced by part-time positions, resulting in double and triple counting of jobs via the Establishment Survey. (Examples: Uber, Lyft, GrubHub, FedEx, Amazon)
-A full 93% of the new jobs added since 2008 came through the business birth and death model - a highly controversial model not supported by the data. On the contrary, all data on establishment births and deaths point to an ongoing decrease in entrepreneurship.
Most importantly, the jobs added to the roles are not “new" entrants into an expanding labor force but rather furloughed workers returning to work post-pandemic shutdown.
In other words, jobs are not truly being “created" due to rising demand but rather “refilling" roles as businesses reopen.
Posted on 4/14/21 at 9:38 am to tommy2tone1999
quote:
In other words, jobs are not truly being “created" due to rising demand but rather “refilling" roles as businesses reopen.
Same thing was said last year as things reopened and all the Trumpsters cried about it
Posted on 4/14/21 at 9:41 am to tommy2tone1999
This is correct. The only jobs that my company is adding are less than 30 hours a week.
Who knew that Powerbottom would bring specious information to the rant?
Shocking!
Who knew that Powerbottom would bring specious information to the rant?
Shocking!
Posted on 4/14/21 at 9:43 am to Houag80
You do realize the economy exists outside the small bubble of your employer I hope
Posted on 4/14/21 at 9:44 am to Powerman
A microcosm of the bigger picture, sonny. Run along now.
Posted on 4/14/21 at 9:45 am to Houag80
quote:
A microcosm of the bigger picture
Not likely
It's an isolated microcosm of whatever dumb company you work for that only hires people part time
Posted on 4/14/21 at 9:45 am to Powerman
Obama use to do this, then revise everything down later.
Posted on 4/14/21 at 9:46 am to Smokeyone
quote:
Obama use to do this, then revise everything down later.
The numbers for January and February were revised upward
There goes that dumb theory out the window immediately
Posted on 4/14/21 at 9:48 am to Powerman
Look at you white knighting for JB
Posted on 4/14/21 at 9:48 am to Powerman
You are not qualified to make that assessment. You just keep being you.
Posted on 4/14/21 at 9:49 am to Houag80
Why isn’t power bottom qualified? Shim is super smart. Just ask shim.
Posted on 4/14/21 at 9:52 am to SDVTiger
quote:
Look at you white knighting for JB
I really don't joke when I say you're the dumbest person here
Let me help you out
Posted on 4/14/21 at 9:52 am to Powerman
quote:
Let me help you out
Posted on 4/14/21 at 9:53 am to Powerman
This is like people blaming Bush for deficits in his last year in office because the spending included the bank bailouts of $700 billion.
COVID fricked Trump and set a low bar for the dementia patient.
COVID fricked Trump and set a low bar for the dementia patient.
Posted on 4/14/21 at 9:54 am to Jbird
Who does he think hes fooling
Posted on 4/14/21 at 9:54 am to BiteMe2020
quote:
This is like people blaming Bush for deficits in his last year in office because the spending included the bank bailouts of $700 billion.
And were all repaid eventually
quote:
COVID fricked Trump and set a low bar for the dementia patient.
Agreed
Posted on 4/14/21 at 10:45 am to Powerman
But what about steel prices?
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