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March Job reports crushes ecpectations!!!
HuskyBuck
Member Posts: 2,527
in Tug Tavern
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".
https://www.zerohedge.com/commodities/federal-reserve-refuses-provide-records-foreign-gold-holdings
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.