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Not a single thread about the jobs report?
TheKobeStopper
Member Posts: 5,959
in Tug Tavern
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Of course, there's always the possibility that the lazy asses that have been sitting at home collecting gov't cheese have finally been forced back to work.
Great thread, and thanks!
Kudos for the effort
#BidenBoom
It looks like Kobe and his lazy family went back to work. Let’s celebrate!! Now he doesn’t need grandpa Joe and the US tax payer buying his meals for him.
You realize we’ve been in a labor shortage for the last year right? Glad you’re caught up, dumbass.
In Oregon, you only need a high school degree or a GED to be a substitute teacher. They’ve dumbed down the employment requirements to a point where Kobe might even qualify for a mail route.
Leading up to the release of the report, all messaging out of the White House was laying preemptive cover for a shitty report blaming it on COVID
There’s a massive disconnect between what we’re observing daily and the numbers …
And for anybody that understands this stuff the disconnect very likely lies in people not active in the workforce (it’s how the unemployment rate is so low) creating labor shortages
I respect that you guys recognize how important consumer confidence is and your willingness to lie to try and keep it low. I don’t respect that you’ll gladly harm the country and the workers to do it though.
Where I work we had our best year ever last year and this year is off to a better start. Anecdotal evidence is valuable, just ask the guy that makes your foot longs.
Understand how the metrics are calculated and defined
For the unemployment rate to increase given the job growth, the only way for that to happen is for the growth of people re-entering the job market to outpace the actual job growth
Additionally, all of these numbers are subject to revisions in the coming months and we’ll see how the adjustments work out … COVID has increased the volatility of those adjustments
Congrats to your company but you’re comments aren’t defining what success looks like. If you talk to people that are tied into hiring activity they would tell you that it’s a really tight supply market … but what would I know
Finally, since you brought up consumer confidence, it’s one of the more important leading indicators for me. It’s important to note a couple of things IMO:
1) There appears to be a strong correlation between confidence and perception of the COVID outlook
2) Despite recent upticks at the end of 2021 levels are still lower than pre-COVID levels
3) Killers of confidence tend to occur during periods of inflation and recessions … the inflationary concerns are real and will become more pronounced as the effects stretch out throughout the year
There are almost 5 million people who aren't working now that were working in 2019. We are employing 5 million fewer people today. Is it nice that the jobs report shows 400K? Yes. Is that something to crow about? Absolutely not. This administration has kept more people out of work than any administration in memory.
That is 100,000 people per state that were employed 3 years ago and are unemployed today. A medium sized city in every state where the entire population is without a job.
We are nowhere near normal, the 4% unemployment figure is totally false and comprised of billion dollar bullshit. I read an article not long ago that proved this admin was counting dual part time job individuals as two people employed. Rat pols will lie cheat and steal to get their desired result. When rats are in charge the populace is the least aware with zero transparency and all messages and data are manipulated. You just can't trust these assholes.