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Employment Report Blues

Employment Report Blues

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Turns out that instead of adding a decent 291,000 jobs in May and June according to BLS estimates, corrected figures show the US added only 19,000 in those two months combined. Even with July's initial estimate of 73,000 more jobs ( which stands a good chance of being revised downward), the US job market is anemic.https://www.nbcnews.com/business/economy/us-jobs-report-july-downward-revisions-worse-than-thought-rcna222442

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Honestly the July number also looks too high and will probably be revised down. Everybody knows who pays any attention to this sort of stuff that no one is hiring right now.

Of course right on time, trump says that the lady who compiled the jobs report is fired.


@wildgrass said
Honestly the July number also looks too high and will probably be revised down. Everybody knows who pays any attention to this sort of stuff that no one is hiring right now.

Of course right on time, trump says that the lady who compiled the jobs report is fired.
A pathetic, temperamental child.


@no1marauder said
A pathetic, temperamental child.
And that is his GOOD side.


@no1marauder said
Turns out that instead of adding a decent 291,000 jobs in May and June according to BLS estimates, corrected figures show the US added only 19,000 in those two months combined. Even with July's initial estimate of 73,000 more jobs ( which stands a good chance of being revised downward), the US job market is anemic.https://www.nbcnews.com/business/economy/us-jobs-report-july-downward-revisions-worse-than-thought-rcna222442
Turns out another liberal appointed by biden is caught abusing their job due to TDS…nothing to see here.

How many times are you gullible folks gonna fall for this?

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@Mott-The-Hoople said
Turns out another liberal appointed by biden is caught abusing their job due to TDS…nothing to see here.

How many times are you gullible folks gonna fall for this?
She wasn't "caught" abusing anything. The BLS numbers aren't created by one person but by survey data compiled by thousands. Here's some information for the stupid. https://www.investopedia.com/articles/04/092204.asp

Here's why there are revisions, which are a normal part of the process. https://www.newsnationnow.com/politics/job-numbers-change-revisions/

Talk about "gullible"; Trump throws a fit because the numbers aren't what he wants, invents a rather obvious lie and you swallow it hook, line and sinker.

Last year, there were also significant negative revisions but because we had a president who didn't act like a petulant little boy nobody got fired for giving him the bad news. https://www.forbes.com/sites/dereksaul/2024/08/21/us-added-818000-fewer-jobs-than-previously-thought-from-march-2023-to-march-2024-government-says/


@no1marauder
Did Trump really fire the Labour Stats chief over this?

Just so he can cook the books. That's some authoritarian BS right there.

Trump is as a macroeconomic illiterate as mentioned many times. He took over a comparably decent economy (again) and is driving it to the ground (again).

Is America great again?

(For non-US posters remember: BABA = Buy Anything But American).

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@no1marauder said
She wasn't "caught" abusing anything. The BLS numbers aren't created by one person but by survey data compiled by thousands. Here's some information for the stupid. https://www.investopedia.com/articles/04/092204.asp

Here's why there are revisions, which are a normal part of the process. https://www.newsnationnow.com/politics/job-numbers-change-revisions/

Talk abou ...[text shortened]... 21/us-added-818000-fewer-jobs-than-previously-thought-from-march-2023-to-march-2024-government-says/
Oh, but the numbers are going to get so much better, tremendous numbers, tremendouser than anyone ever imagined even mathematically possible, a BILKION PERCENT better! By Easter.


@no1marauder said
She wasn't "caught" abusing anything. The BLS numbers aren't created by one person but by survey data compiled by thousands. Here's some information for the stupid. https://www.investopedia.com/articles/04/092204.asp

Here's why there are revisions, which are a normal part of the process. https://www.newsnationnow.com/politics/job-numbers-change-revisions/

Talk abou ...[text shortened]... 21/us-added-818000-fewer-jobs-than-previously-thought-from-march-2023-to-march-2024-government-says/
Besides firing Erika he has canned a BUNCH of people whose job it is to report stuff like cancer stats or earthquake data and medical data on who is getting what diseases and such and dozens more like that, like climate change monitoring, FIRED. Don't need that nasty BS about climate change, and now the EPA has stopped ALL work monitoring air quality, drug quality testing ALL the stuff that keeps us safe. GONE. This is the tactics of a THUGOCRAT. Trump is a LITERAL traitor and should be AT LEAST impeached for real. Then we get that REALLY good guy Vance. Think of THAT. PRESIDENT VANCE. The only good side to that is maybe the Eunuchs in the house and senate will find they actually have balls after all and stop HIS fantasies of what America should look like.


@sonhouse said
Besides firing Erika he has canned a BUNCH of people whose job it is to report stuff like cancer stats or earthquake data and medical data on who is getting what diseases and such and dozens more like that, like climate change monitoring, FIRED. Don't need that nasty BS about climate change, and now the EPA has stopped ALL work monitoring air quality, drug quality testing AL ...[text shortened]... ill find they actually have balls after all and stop HIS fantasies of what America should look like.
Regulation bad; rampage capitalism good. That’s MAGA in a nutshell.


@Lundos said
@no1marauder
Did Trump really fire the Labour Stats chief over this?

Just so he can cook the books. That's some authoritarian BS right there.

Trump is as a macroeconomic illiterate as mentioned many times. He took over a comparably decent economy (again) and is driving it to the ground (again).

Is America great again?

(For non-US posters remember: BABA = Buy Anything But American).
Yes, he fired her. Because the Donald doesn’t LIKE people telling truth to power.

https://apnews.com/article/trump-jobs-firing-f00e9bf96d0110519be9bf4f3ec89195


@moonbus said
Yes, he fired her. Because the Donald doesn’t LIKE people telling truth to power.

https://apnews.com/article/trump-jobs-firing-f00e9bf96d0110519be9bf4f3ec89195
Banana republic style "leadership" is how Trump makes America great again? This is what MAGA wanted?

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”


@sonhouse said
Besides firing Erika he has canned a BUNCH of people whose job it is to report stuff like cancer stats or earthquake data and medical data on who is getting what diseases and such and dozens more like that, like climate change monitoring, FIRED. Don't need that nasty BS about climate change, and now the EPA has stopped ALL work monitoring air quality, drug quality testing AL ...[text shortened]... ill find they actually have balls after all and stop HIS fantasies of what America should look like.
You mean like during covid the number of deaths attributed to covid was extremely high, the number of deaths from heart attacks, regular flu (etc) plummeted.

Dont play the fool


@no1marauder said
She wasn't "caught" abusing anything. The BLS numbers aren't created by one person but by survey data compiled by thousands. Here's some information for the stupid. https://www.investopedia.com/articles/04/092204.asp

Here's why there are revisions, which are a normal part of the process. https://www.newsnationnow.com/politics/job-numbers-change-revisions/

Talk abou ...[text shortened]... 21/us-added-818000-fewer-jobs-than-previously-thought-from-march-2023-to-march-2024-government-says/
Every dept has a HEAD person that calls the final shots.

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