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re: September jobs numbers best since Reagan-era

Posted on 10/4/20 at 9:26 am to
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:26 am to
How do you seasonally adjust in a 2020 year? And why do you hate farmers?
Posted by jrodLSUke
Premium
Member since Jan 2011
26251 posts
Posted on 10/4/20 at 9:35 am to
quote:

So, any more stupid chit that you'd like to share with the class?



Dems: You can’t give Trump credit for job growth after an economic recession!

Also Dems: Obama had great job growth following the 2009 recession!!
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138801 posts
Posted on 10/4/20 at 9:50 am to
quote:

How do you seasonally adjust in a 2020 year?
I don't. I let Bullard's folks do it.

quote:

And why do you hate farmers?
Nonfarm payroll reports are considered much more accurate employment indicators than household surveys. Most analysts believe payroll jobs more closely reflect labor market conditions.

File that under things you'd know if you were invested in the markets .... as you imply.

This post was edited on 10/4/20 at 9:52 am
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:56 am to
quote:

File that under things you'd know if you were invested in the markets .... as you imply.


I have people for that.

And my major investment sectors correlate only loosely to US employment.

You dodged the point. Seasonal adjustment and excluding farm may be normalizing in prior years. Does it really apply to this year?
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 9:57 am to
I don’t think either of them get credit in either instance.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
97947 posts
Posted on 10/4/20 at 9:57 am to
quote:

I have people for that.


Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138801 posts
Posted on 10/4/20 at 10:13 am to
quote:

Seasonal adjustment and excluding farm may be normalizing in prior years. Does it really apply to this year?
Seasonal adjustment barely moves the needle. Shifts peak employment back to Dec'19, and reduces overall Trump job losses to 1.5 million -- 143.3M (Jan'17) - 141.8M(Sept'20)
Posted by JudgeHolden
Gila River
Member since Jan 2008
18566 posts
Posted on 10/4/20 at 10:22 am to
Why are you ignoring Feb 2020?
Posted by catnip
Member since Sep 2003
16378 posts
Posted on 10/4/20 at 10:32 am to
quote:

Record setting jobs growth. Laughable, if it wasn't so pathetic.



Maybe to make you happy was for Trump to discard those who lost their job during the democrat shutdown and declare a 4% unemployment because those who lost their jobs simply aren;t trying to find a job. Then he could have said that we need to get used to that because this country will never be the same and said it proudly as it is to be his legacy.
Posted by jimmy the leg
Member since Aug 2007
44214 posts
Posted on 10/4/20 at 10:50 am to
quote:

Wait a minute, even if it is just re-employment of those individuals, how is this not amazing news? To have issues with this because you oppose someone politically is pretty bad, sister.


I would imagine that Tex wants the job losses to be permanent. He has a terminal case of TDS.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138801 posts
Posted on 10/4/20 at 11:21 am to
quote:

Why are you ignoring Feb 2020?


Posted by Gus007
TN
Member since Jul 2018
14693 posts
Posted on 10/4/20 at 2:07 pm to
quote:

What percentage of voters do you think will be fooled by those numbers and not recognize that those numbers are simply the re-employment of people who lost their jobs in the preceding months.


Tell us why Obama and Biden couldn't match those numbers after inheriting the low economy, forced on us by the democrats and the Real Estate bubble collapse.
The opportunity was there.
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14944 posts
Posted on 10/5/20 at 4:49 pm to
quote:

Do you hate to see people getting back to work?

Nope.

I hate that almost everything that comes out of this administration is, at best, distorted, and at worst, an outright fabrication.
Posted by TigerCoon
Member since Nov 2005
22469 posts
Posted on 10/5/20 at 4:53 pm to
I guess you're one of the downvoters, commie.
Posted by OverseasBengal
Member since Dec 2018
1107 posts
Posted on 10/5/20 at 4:57 pm to
quote:

texridder



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