Not a single thread about the jobs report?
Comments
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The unadjusted number of jobs recorded went down, dropping from 150.35 million in Dec to 147.53 million in January, a 2.82 million drop in jobs. Through a record seasonal adjustment (there always is a seasonal adjustment this month…just happens that this years was magically way larger than ever), long-term (10 Year) population “adjustments”, and some other changes the bright, nonpartisan folks in the govt somehow get an over 3 million job positive adjustment applied to a measured 2.8 million job loss to create a “great” jobs report (that will be revised downwards in a few months because they will need the count then…)TheKobeStopper said:So we’ve got fake numbers, the numbers are actually bad and should be better, charts and graphs, sandwich shops and joobs. Got it.
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.
Believe it if you want, but realize you are gargling garbage. Should also note it also removed a bunch of “jobs” that were already reported to have been generated last year, but who’s counting…
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So Kobe’s a dumbass?Tequilla said:
Dude … you really don’t get itTheKobeStopper said:So we’ve got fake numbers, the numbers are actually bad and should be better, charts and graphs, sandwich shops and joobs. Got it.
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 -
Did all these jobs numbers come WITH Covid or FROM Covid?
How many of the jobs had one or more co-morbidities?
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The least of what massages Kobe's throat.HoustonHusky said:
The unadjusted number of jobs recorded went down, dropping from 150.35 million in Dec to 147.53 million in January, a 2.82 million drop in jobs. Through a record seasonal adjustment (there always is a seasonal adjustment this month…just happens that this years was magically way larger than ever), long-term (10 Year) population “adjustments”, and some other changes the bright, nonpartisan folks in the govt somehow get an over 3 million job positive adjustment applied to a measured 2.8 million job loss to create a “great” jobs report (that will be revised downwards in a few months because they will need the count then…)TheKobeStopper said:So we’ve got fake numbers, the numbers are actually bad and should be better, charts and graphs, sandwich shops and joobs. Got it.
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.
Believe it if you want, but realize you are gargling garbage. Should also note it also removed a bunch of “jobs” that were already reported to have been generated last year, but who’s counting…
Poast moar.
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Oh, we're doing that deflection thing?TheKobeStopper said:
Oh we’re doing that thing where we pretend 2008 was Obama’s fault, now this is Biden’s fault. Gotcha. The buck stops to left to the left.hardhat said:
No, the numbers are not fake, you just haven't looked at the data that shows we're still in a deep hole from the jobs lost from the massively stupid policies implemented by Biden. You can use your bias any way you like, but the numbers don't lie.TheKobeStopper said:So we’ve got fake numbers, the numbers are actually bad and should be better, charts and graphs, sandwich shops and joobs. Got it.
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.
No, we're focusing on Biden's terrible policies that have gutted entire sectors of the economy. Multiple members of his cabinet supposedly focused on getting the economy back on track have sounded like idiots when talking about inflation, the price of gas, and the supply chain crisis. Small businesses are fucked and mask and vaccine mandates are killing the economy.
If we really do want to bring up other presidents, if Trump or some other republican were president now, you'd point out the same thing, that the economy cratered and that stupid rules and incompetence are not helping it. There are always going to be some 'new jobs'. We should be able to call out incompetence when it's obvious. I thought you were better than @HHusky or other people that want to make it a Dem vs Republican thing. -
Kobe thinks it’s completely cool when businesses put out reminder signs asking customers to “be patient, kind, courteous” to those showing up to serve them.
You’re an idiot Kobe. -
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Kobe can you explain this article too much financial jargon for me to comprehend.
https://www.zerohedge.com/markets/here-whats-behind-todays-stunning-payrolls-beat -
When all you can manage to read is the headlines at Hufpo you miss a lot of info.
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Does anyone think these dumb motherfuckers will finally see the light when a gallon of milk hits $10, then they'll quit working Biden's shaft?RaceBannon said:
But cow farts hurt the carbon footprint......
