March Job reports crushes ecpectations!!!
303,000k jobs created, 62.7 labor participation rate, wages growing faster than inflation!!! Let’s go America!!
(Insert RaceBannons counter statistic of a guy at a local 7-11 losing his job)
Comments
-
-
Huskycuck believes the demonrat talking points and cooked books!
Yeah he's the smart one….
-
691,000 part time jobs were created in March??? Holy shit!!!!
-
I am well aware that you don't care about all the layoffs across America buck. Or the carnage in California thanks to Newsom
As long as you got yours
-
A few small manufacturing companies I consult are hiring college graduates for $17/hr warehouse and shipping/receiving positions in my area. The upside is the STEM grads actually know how to implement process upgrades and want to make these old school Made in the USA companies efficient and more profitable. That is, until the Democrats finally sell them all out to Asia.
Decent Liberal Arts graduates almost always go to the circular file.
-
Race believes we live in a command economy.
-
You don’t even know what that means, Spaz.
-
Guys when are you going to learn…"Some guy I know got laid off" is a dumber than dirt argument. There's always going to be movement in the job market. Usually I'd let that slide and let you continue to be dumb, but now I feel obligated to correct it and make this world a better place.
-
inflation is still as high as Snoopy Dog
-
part time work up
Full time work down
LS numbers are cyclical and March is a historically heavy month in that sector
Most gains in government and HC
MFG added ZERO
Read past the headlines you fucking child.
-
Clown car busy this morning
-
At this rate, Buck is going to cause an upgrade to a clown van or clown semi.
-
Both the unemployment rate, at 3.8 percent, and the number of unemployed people, at 6.4 million, changed little in March.
Both the labor force participation rate, at 62.7 percent, and the employment-population ratio, at 60.3 percent, were little changed in March. These measures showed little change over the year.
In March, the number of people not in the labor force who currently want a job, at 5.4 million, was little changed.
KOmo Buttfuck.
-
When new government employees is your best performing job growth category I'd stop the horn blowing. Imagine 71,000 new government employees doing god's work like mello. No value added employees being paid with debt. A sure fire recipe for long-term economic growth.
-
One of the US's competitive advantage was property security. Well, when you freeze and confiscate assets for political purposes, then foreign countries will use other countries to secure their property. Once again we have the US deep state refusing to disclose some pretty basic stuff, like how much foreign gold that was held by the Federal Reserve has fled the country. And dems love to talk about "transparency".
Federal Reserve Refuses To Provide Records Of Foreign Gold HoldingsBY TYLER DURDENFRIDAY, APR 05, 2024 - 03:30 AM
Authored by Ken Silva via Money Metals,
Weeks after Federal Reserve Chairman Jerome Powell evaded a sitting congressman’s questions about the central bank’s foreign gold holdings, the Fed has also declined to comply with a Freedom of Information Act request for records about such holdings.
The Federal Reserve’s lack of transparency comes amidst reports that countries are removing their gold and other assets from the U.S. in the wake of the unprecedented Western sanctions imposed on Russia over its invasion of Ukraine. According to a 2023 Invesco survey, a “substantial percentage” of central banks expressed concern about how the U.S. and its allies froze nearly half of Russia’s $650 billion gold and forex reserves.
Rep. Alex Mooney, R-W.Va., asked Powell about the matter in a December letter, only to have the Fed chair respond last month with evasive non-answers, telling him that the Federal Reserve does not own gold but holds it as a custodian for other entities—a fact that the congressman presumably already knew.
Following Powell’s evasive response, Headline USA filed a FOIA request with the Fed for records reflecting how much gold the Federal Reserve Bank of New York currently holds in its vault, as well as records reflecting the ownership stake that each of FRBNY’s central bank/government clients have in that gold. The FOIA request also sought records about the Fed’s gold holdings prior to Russia’s February 2022 invasion of Ukraine.
However, the Federal Reserve denied the FOIA request on Wednesday.
“Board staff consulted with staff at the Federal Reserve Bank of New York (‘Reserve Bank’) and have been advised that such records, if they exist, would be Reserve Bank records, and consequently, not subject to the Board’s Rules Regarding Availability of Information,” the Fed said.
The Federal Reserve said that this publication could take its request to the New York Fed. However, that institution isn’t subject to FOIA.
Headline USA is working on an appeal.
Meanwhile, sound-money advocates are blasting the Fed’s lack of transparency.
“They’re just passing the buck to the New York Fed. The FRB could obtain the data from the New York Fed if it wanted to, and then could share it with you if it wanted to. The Fed chairman has already essentially told Representative Mooney that the Fed doesn’t want to disclose the information,” said Chris Powell, secretary-treasurer of the Gold Anti-Trust Action Committee.
“If only other news organizations dared to ask such relevant questions about the secret operations of the Federal Reserve System,” he said.
According to Stefan Gleason, CEO of Money Metals Exchange, a large online precious metals dealer and depository based in Idaho, "The Fed doesn't want anyone to know that foreign governments and other central banks are yanking their gold from America's shores because it would reveal the folly of U.S. monetary and foreign policy."
-
Wait the labor participation rate at 62.7 was little change? It jumped from .2 which historically is a big change on a monthly basis.
Dang Doog_Bot you should know better, don’t make me put you in the dumb as dirt category like EverettChris and theClapp
-
Tell me what the negative is here again?!? Utilities is the only area that took a loss. I'll wait while you dunderbrains try to spin the widespread job growth!!
And remember….this growth is occurring while interest rates are as high as they are. Trump begged for interest rates to be lowered back to near zero rates to generate this type of growth!!!!
-
Government and healthcare (which relies heavily on government spend) were the big winners.
-
So let’s remove government completely out of the equation. That means everything else generated 230,000 jobs which by itself exceeded the 200,000 expectations by itself!!!!
Next lame argument??? -
What should be running high is manufacturing and mining related to oil and gas production, gas refining, pipeline construction and LNG export facilities. Toss in nuclear plants and you have some clear winners, not more government blood sucking parasites.
-
Which would show a large full time position negative.
I'm for taking out all government spend/jobs from economic data by the way, or at least a with and without leading number on indicators.
-
Boy I have to jump through a ton of hoops to reach your conclusions that the jobs report was awful lol.
I cant wait to see how you guys react when the economy loses jobs overall rather than gains it across the board.
-
Almost all of those new government jobs are Net Negative to the deficit, too. The part-time private sector workers can look forward to having taxes raised one way or another, though.
-
Husky loves a part time economy.
like I’ve said. He’s a child. -
I always knew Amazon employed a large number of idiots whose biggest contributions to the economy are as consumers because of their inflated salaries.. They sure aren’t learning much about how businesses operate, let alone a macro-economy.
Hope to see a resume come across with Amazon experience on it so I can pick their brain about what they learned at that job.
-
I'm a cross tab guy, you are not. To each their own.
-
Here's what's really happened on this thread.
You guys have already reached the conclusion that the economy is awful. You're just now trying to nitpick the report and find evidence that what you've already concluded is true. I have to jump through like 20 hoops to reach your guys' conclusion. Cmon guys, dont deny it.
This is the reason im here at the tug. To call you out on your BS methods and teach you the proper way to analyze. See my NVDA pick below as a demonstration of that skillset and also a demonstration on how not to be a dipshit. EverettChris already concluded I must have colluded with NVDA insiders with ZERO evidence to support his dumb statement. Hey Chris, how's your investigation into me going? lolololol
-
I don’t think it’s awful, but it could be much better with new leadership like it was prior to Democrats in Dem states trying to destroy small businesses by declaring them as non-essential as the large corporations that donate massively to the UniParty stayed open and quickly grew.
-
all in all it’s not a terrible report but there’s a lot of warts on those numbers which I’ve outlined.
get ready for at least 1 more IR hike…. -
There you go now you're talking. It's a good report. See we can find common ground when we put our minds to it.
