Jump to content

U.S job numbers disappoint again: 500k projected but only 194k added


Recommended Posts

  • 4 weeks later...
On 2021-10-08 at 9:58 AM, Twinblade said:

 

No update from you this month, what happened? :umad:

 

 

The labor market is back on track after 531,000 jobs were added in October

 

Nonfarm payrolls increased by 531,000 in October, beating the estimate of 450,000.

 

The unemployment rate fell to 4.6%, a new pandemic low and better than expectations.

 

Wages rose 0.4% for the month and were up 4.9% from a year ago.

 

 

Not only that, the stock market is at a record high :salute:

 

The Dow Jones Industrial Average rose 203.72 points, or nearly 0.6%, to 36,327.95. The S&P 500 gained 0.4% to 4,697.53 for its seventh straight positive day. The tech-heavy Nasdaq Composite edged up 0.2% to 15,971.59. All three major averages reached their respective record closing highs.

 

Edited by Goukosan
Link to post
Share on other sites
1 hour ago, Goukosan said:

 

No update from you this month, what happened? :umad:

 

 

The labor market is back on track after 531,000 jobs were added in October

 

Nonfarm payrolls increased by 531,000 in October, beating the estimate of 450,000.

 

The unemployment rate fell to 4.6%, a new pandemic low and better than expectations.

 

Wages rose 0.4% for the month and were up 4.9% from a year ago.

 

 

Not only that, the stock market is at a record high :salute:

 

The Dow Jones Industrial Average rose 203.72 points, or nearly 0.6%, to 36,327.95. The S&P 500 gained 0.4% to 4,697.53 for its seventh straight positive day. The tech-heavy Nasdaq Composite edged up 0.2% to 15,971.59. All three major averages reached their respective record closing highs.

 

 

oh wow, 1 good month. I guess that somehow makes up for the last 9 months being terrible in terms of economic development

 

Let me know when inflation is back to normal, gas prices aren't ridiculously high, and store shelves aren't empty. Until then, the Brandon Administration will continue to be a complete failure.

Link to post
Share on other sites
18 minutes ago, Twinblade said:

 

oh wow, 1 good month. I guess that somehow makes up for the last 9 months being terrible in terms of economic development

 

Let me know when inflation is back to normal, gas prices aren't ridiculously high, and store shelves aren't empty. Until then, the Brandon Administration will continue to be a complete failure.

 

One good month? ..... Awww you're so triggered that you resort to lying now huh? 

 

:umad:

Link to post
Share on other sites

@Twinblade

 

One good month he said

 

On 2021-07-02 at 8:51 PM, Goukosan said:

Twinblade is to the point that he is misquoting his own articles. 

 

From your own link. 

 

US beat expectations by adding 850,000 jobs in June in report that sent the S&P to a record high

"The increase in Americans on nonfarm payrolls beat expectations of 706,000" 

 

"There are a record 9.3 million job openings" 

 

"Hiring has accelerated as the country returns to normal and more are vaccinated" 

 

 

:lebron:

 

On 2021-08-06 at 11:51 PM, Goukosan said:

 

How come you did not post the July job numbers? 

 

 

Oh Yea... Because just like May and June it improved yet again :umad:

 


 

"payrolls rose by 943,000 in July, better than the 845,000 Dow Jones estimate." 

 

"The unemployment rate slid to 5.4%, compared with the 5.7% expectation." 

 

"Average hourly earnings also increased more than expected, rising 0.4% for the month and are up 4% from the same period a year ago, at a time when concerns are increasing about persistent inflationary pressures." 

 

 

 

On 2021-08-19 at 11:32 AM, Goukosan said:

 

The number of Americans filing new claims for unemployment benefits fell to a 17-month low last week, pointing to another month of robust job growth

 

The last time claims were this low was March 14, 2020, just as the Covid-19 pandemic declaration hit

 

4 additional straight weeks of improving unemployment numbers, it's the lowest its been since when the pandemic :juggle:

 

Thanks President Biden :salute:

 

 

Just a few reminders from when you started cheery picking around June :umad:

Edited by Goukosan
Link to post
Share on other sites
4 minutes ago, Goukosan said:

@Twinblade

 

One good month he said

 

 

 

 

 

 

Are you really that dense? The economy is in shambles, I don't care how much you try to sugarcoat the numbers. There are still millions of jobs that won't be filled anytime soon, and the middle class is being destroyed by high inflation and gas prices. Theres a reason republicans are already cleaning house across the country (Lmao @ a republican winning in Virginia, a state Biden won by TEN points last year :lul: ) And it'll only get worse for democrats in the mid terms.

Link to post
Share on other sites
14 minutes ago, Twinblade said:

 

Are you really that dense? The economy is in shambles, I don't care how much you try to sugarcoat the numbers. There are still millions of jobs that won't be filled anytime soon, and the middle class is being destroyed by high inflation and gas prices. Theres a reason republicans are already cleaning house across the country (Lmao @ a republican winning in Virginia, a state Biden won by TEN points last year :lul: ) And it'll only get worse for democrats in the mid terms.

 

Didn't Republicans just lose in Cali and Jersey? :umad:

 

 

Virginia was Republican first major win in almost two years.   They've been on a losing streak they had to win something eventually.  It's funny that Trump and retards like you were claiming voter fraud and funny business in the voting in Virginia... But as soon as a republican won that same race..... The "fraud" claims magically disappeared.. Lol

 

 

But back to the topic. 

 

Ohhh so when the Job numbers are good for the majority of the year.... That's called sugar coating.... But when it's so so for a month... You claim doom and gloom.. Lmfao. 

 

You may have missed it but this is a thread YOU CREATED ABOUT THE JOB NUMBERS. :drake:

 

Edited by Goukosan
Link to post
Share on other sites
10 hours ago, Twinblade said:

 

oh wow, 1 good month. I guess that somehow makes up for the last 9 months being terrible in terms of economic development

 

Let me know when inflation is back to normal, gas prices aren't ridiculously high, and store shelves aren't empty. Until then, the Brandon Administration will continue to be a complete failure.

 

Ohh look at that... While you were typing this BS.   The largest single infrastructure investment in American HISTORY  passed.

 

 

The bill, which provides funding for physical infrastructure projects such as roads, bridges, water pipes and broadband internet. 

 

This bill will provide millions of Jobs and will also bring America's infrastructure to the 21st century. 

 

After 4 years (48 months) of empty talk and meaningless "infrastructure weeks"   where Trump couldn't even get the ball rolling to even develop a framework for a proposed bill...... Biden and his administration got all this done in under 10 months of being president :salute:

Edited by Goukosan
Link to post
Share on other sites
On 2021-11-06 at 10:42 AM, Goukosan said:

 

Ohh look at that... While you were typing this BS.   The largest single infrastructure investment in American HISTORY  passed.

 

 

The bill, which provides funding for physical infrastructure projects such as roads, bridges, water pipes and broadband internet. 

 

This bill will provide millions of Jobs and will also bring America's infrastructure to the 21st century. 

 

After 4 years (48 months) of empty talk and meaningless "infrastructure weeks"   where Trump couldn't even get the ball rolling to even develop a framework for a proposed bill...... Biden and his administration got all this done in under 10 months of being president :salute:

 

Yeah sorry but I don't have any faith in Biden's plans for the future when it comes to getting the country's economy back on track. Its been less than a year and not only is his approval rating in the dumpster but 7 out of 10 Americans think the country is heading in the wrong direction. I guess you might be proud of being in the 3 out of 10, but nobody realistically thinks things are going to improve anytime soon. Keep clinging to those hopes and dreams though.

Link to post
Share on other sites
1 hour ago, Twinblade said:

 

Yeah sorry but I don't have any faith in Biden's plans for the future when it comes to getting the country's economy back on track. Its been less than a year and not only is his approval rating in the dumpster but 7 out of 10 Americans think the country is heading in the wrong direction. I guess you might be proud of being in the 3 out of 10, but nobody realistically thinks things are going to improve anytime soon. Keep clinging to those hopes and dreams though.

 

In case you missed it, we're currently in midst of a pandemic RECOVERY and since Biden took office almost each month has been the best month for the economy SINCE THE PANDEMIC STARTED. 

 

You really have no idea how big of a deal that infrastructure bill is do you? 

 

This is something that will see decades upon decades of improvements for the entire country.  This will outlast the next 5 admistrastions easily.  That's what real president's do.  :salute:

Link to post
Share on other sites
On 2021-11-08 at 5:48 PM, Goukosan said:

 

In case you missed it, we're currently in midst of a pandemic RECOVERY and since Biden took office almost each month has been the best month for the economy SINCE THE PANDEMIC STARTED. 

 

You really have no idea how big of a deal that infrastructure bill is do you? 

 

This is something that will see decades upon decades of improvements for the entire country.  This will outlast the next 5 admistrastions easily.  That's what real president's do.  :salute:

How are you actually stanning this president lol... Yikes.. 

Link to post
Share on other sites
14 minutes ago, DynamiteCop said:

How are you actually stanning this president lol... Yikes.. 

 

What happened to the health care bill from Trump? - All empty talk, no bill put forth. 

 

What happened to the border wall that Mexico would pay for? - All Empty talk, nothing was done. 

 

What happened to that infustructure bill from Trump - all empty talk and four years of infustructure weeks, he couldn't even get the ball rolling for crying out loud. 

 

In less than 11 months Joe Biden was able to get this bill passed and signed into law. 

 

This bill benefits all Americans for decades upon decades to come no matter your political affiliation. 

 

 

I stan America :salute:.  You stan personalities and cults. :umad:

 

 

Edited by Goukosan
Link to post
Share on other sites
  • 3 months later...
On 2021-10-08 at 9:58 AM, Twinblade said:

 

Hey what happened to your monthly updates on the numbers? :umad:

 

 

Unemployment rate down to 3.8% and 678,000 jobs were added  when only 423,000 were expected. 

 

 

February's jobs report presented yet another upside surprise to investors, and marked a fourteenth consecutive month of payroll growth. Last month, January's jobs report also showed many more jobs returned than expected, with payrolls rising by 400,000 versus the 125,000 expected at the time. In Friday's report, January's job gains were also upwardly revised even further to show 481,000, compared to the 467,000 previously reported. And December's payrolls were upwardly revised again to 588,000, compared to the 510,000 posted in last month's revision.

 

 

Yes you read that right,  14th consecutive month of Growth :salute:

Edited by Goukosan
Link to post
Share on other sites
On 2021-11-16 at 5:22 AM, Goukosan said:

 

What happened to the health care bill from Trump? - All empty talk, no bill put forth. 

 

What happened to the border wall that Mexico would pay for? - All Empty talk, nothing was done. 

 

What happened to that infustructure bill from Trump - all empty talk and four years of infustructure weeks, he couldn't even get the ball rolling for crying out loud. 

 

In less than 11 months Joe Biden was able to get this bill passed and signed into law. 

 

This bill benefits all Americans for decades upon decades to come no matter your political affiliation. 

 

 

I stan America :salute:.  You stan personalities and cults. :umad:

 

 

 

 

Come on Gouk... Everyone knows McCain killed that one and then ol Cocaine Mitch said that they would not bring another health care bill up to vote. 

You can look at the whole Mexico paying for it two ways. It's not cheap keeping hundreds of thousands of people in your country and it's definitely not cheap to keep 25k troops at both of their borders to stop the caravans, so technically they did pay for it. Just not the way a lot of people were hoping for. 

Hard to get bills passed when Reps and Dems are fighting like two fat people over a donut.  (Joe Biden has control of all three branches as well, so not hard to get stuff passed...well maybe it is now. Machin and Senema are yea....)

The bill adds more to the national debt. At 31 trillion and counting, we are all fucked. We all have front row seats to the end of the US and world. :smoke:

I for one look forward to being able to get rich as fuck when the second great depression happens. 

Link to post
Share on other sites
On 2022-03-04 at 10:45 AM, Goukosan said:

 

Hey what happened to your monthly updates on the numbers? :umad:

 

 

Unemployment rate down to 3.8% and 678,000 jobs were added  when only 423,000 were expected. 

 

 

February's jobs report presented yet another upside surprise to investors, and marked a fourteenth consecutive month of payroll growth. Last month, January's jobs report also showed many more jobs returned than expected, with payrolls rising by 400,000 versus the 125,000 expected at the time. In Friday's report, January's job gains were also upwardly revised even further to show 481,000, compared to the 467,000 previously reported. And December's payrolls were upwardly revised again to 588,000, compared to the 510,000 posted in last month's revision.

 

 

Yes you read that right,  14th consecutive month of Growth :salute:

 

 

This again is a misnomer. These are nothing more than jobs that were lost during the pandemic and are now coming back. Companies that were forced to shut down during the pandemic are now opening back up and hiring. People are falling off of unemployment as well. Macroeconomics has a word for people that were unemployed and fell off of it. I believe it's displaced workers, it's been so fucking long since I took macroeconomics. Might be dislocated workers too. 

This truly isn't something to brag about. Let's also not forget that recently we had the whole great resignation. Those jobs had to be filled too. Thus the inflated numbers. Again, macroeconomics. 

Link to post
Share on other sites
3 hours ago, Sublyminal said:

 

 

Come on Gouk... Everyone knows McCain killed that one and then ol Cocaine Mitch said that they would not bring another health care bill up to vote. 

You can look at the whole Mexico paying for it two ways. It's not cheap keeping hundreds of thousands of people in your country and it's definitely not cheap to keep 25k troops at both of their borders to stop the caravans, so technically they did pay for it. Just not the way a lot of people were hoping for. 

Yeah, I'm sure it's not costing them billions of dollars. 

Link to post
Share on other sites
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...