Today's jobs report: shows 517,000 net new jobs added in January which more than double what was expected. Previous months revised higher as well. The unemployment rate now stands at a low of 3.4%.

Since Biden has moved into the White House two years ago 12.1 million jobs were added to the U.S. economy. 5 million created in the past year.

The economy seems to be growing around 2.9% and inflation fell for the 6th month in a row.

Why are the Republicans bitching about the bad economy?

It's better than it ever was under Trump.

Sure it is.

You doubt it Craig. Then put forth your evidence or shut the fuck up, Bucketmouth.

The unemployment rate is.

Too bad so many have opted out of the workforce.

1/2 the story.
Not any mention how many quit their jobs over the same period.
What is the net gain??
Current work force changes jobs every 2-3yrs. Revolving door these days.
Would be nice to hear the net gain.

Sales pitch!
I take this data with a grain of salt.

quote:

Originally posted by eezridr:
1/2 the story.
Not any mention how many quit their jobs over the same period.
What is the net gain??
Current work force changes jobs every 2-3yrs.
Would be nice to hear the net gain.

Sales pitch!
I take this data with a grain of salt.

If they where to report the net gain.....well.....that wouldn't looks good.

If they reported how many said " screw ot"_well...that wouldnt look so good either....

.

Rather than speculate about net gain and people out the work force, give us some valid numbers.

Just more goofy and vague conspiracies by nut jobs. Numbers folks, not hot wind. Come on gasbags.

Ever read how many are being laid off in tech?
That iS available on line now.
I work in a company with 15,000 employees. 25% turn over
How big is your organization? I do have data open turn over.
Shit for brains!
Do you have a job?

quote:

Originally posted by Schrodinger:
Rather than speculate about net gain and people out the work force, give us some valid numbers.

Just more goofy and vague conspiracies by nut jobs. Numbers folks, not hot wind. Come on gasbags.

yes-
he is a Shit for brains
lawyer

at —
least HE can —
respond in a Real
Sentence

poor jines

born with a silver(plate) demitasse spoon in his mouth

- would you —
like for ME to send you —
a primer on Grammar and Sentence

construction

maybe YOU could —
find someONE to read it to
YOU

I know of two law firms (friends and relative).
Both struggle with turn over.
It is not in a few fields.
It is just part of our current employment culture. Bounce around.
I will find it difficult to measure a competent SME in the current Z generation.

quote:

Originally posted by MJines:
- would you —
like for ME to send you —
a primer on Grammar and Sentence

construction

maybe YOU could —
find someONE to read it to
YOU

careful-
if you keep working yourself up over such minor things in life,

you might suffer a SMALL stroke in your Liputian brain

When trump was 6 months in he was claiming credit for all the gains made because of Obama. You loons were all up for that.

https://youtu.be/Eots29-wBZQ

The real world, Tex

quote:

Originally posted by DuggaBoye:

quote:

Originally posted by MJines:
- would you —
like for ME to send you —
a primer on Grammar and Sentence

construction

maybe YOU could —
find someONE to read it to
YOU

careful-
if you keep working yourself up over such minor things in life,

you might suffer a SMALL stroke in your Liputian brain

Pettiness is the midgets only strong suit.

Well once again we prove that the republicans who for years touted job gains under the former guy are just hypocrits.

When Biden reports on jobs created these same posters say it's all bullshit.

Market goes up under Trump good. When it goes up under Biden it's smoke and mirrors.

When people dropped out of the workforce under Trump the excuse were people were getting older.

Well, guess what, there are now more old people, some have long covid (a Trump era disease), others got handouts under Covid programs and stopped working (passed under Trump's rule) etc.

You guys don't even try to mask your bullshit anymore.

Bottom line, the economy is growing and more jobs have been created under Biden than any other president.

Why some people here can't accept the numbers shows just one thing.

If the economy is growing that's great!

Please President Biden, if that so, use this opportunity to cut debt.

Hope that is ok DRG.

517,000

517,000

Register that number pinheads.

That’s in one month

It’s not the number that have left the workforce. It’s the number of new jobs.

We know you khunts don’t like it, but there’s your fact.

517,000 new jobs in one month.

quote:

Originally posted by DuggaBoye:

quote:

Originally posted by MJines:
- would you —
like for ME to send you —
a primer on Grammar and Sentence

construction

maybe YOU could —
find someONE to read it to
YOU

careful-
if you keep working yourself up over such minor things in life,

you might suffer a SMALL stroke in your Liputian brain

thank you for the concern —

I am fine actually
just a LOW tolerance
for —
STUPIDITY
which you and SCOTT seem to evidence
— so clearly

Hey look! jines in motion!

https://www.instagram.com/reel...?igshid=YmMyMTA2M2Y=

From the BLS:
Both the unemployment rate, at 3.4 percent, and the number of unemployed persons, at 5.7 million, changed little in January. The unemployment rate has shown little net movement since early 2022.

3/22 3.6%
4/22 3.6%
5/22 3.6%
6/22 3.6%
7/22 3.7%
8/22 3.7%
9/22 3.5%
10/22 3.7%
11/22 3.6%
12/22 3.5%
1/23 3.4%

Note in then text from the Bureau of Labor Statistics.
"Little Net Movement".

Hey the Z's have to go to work a few months to pay their Christmas credit card charges that just arrived in the mail.
"If you believe the media" Most of the new jobs are in the food services (Dining out). Not exactly a career.. I am not certain the definition any longer exists.

EZ

quote:

Originally posted by crbutler:
The unemployment rate is.

Too bad so many have opted out of the workforce.

Exactly! The keyword is rate!

quote:

Originally posted by DuggaBoye:
poor jines

born with a silver(plate) demitasse spoon in his mouth

Not many today would even no what a demitasse spoon is.

Its great news - it is so low that wages will need to go up, which should lead to great workforce participation.

Took 2 years, but finally beat trump's numbers

yay USA

The truth is we are back to 2019.

There were ~158M employed in 2019 and now we are back to ~158M.

They are already up close to 25% over the past two years in the lower scale positions. Most positions are starting at $20-$22 /hr. for unskilled labor in our geographic market.
Probably 10-15% in medium income jobs and many no longer commute to and from an office 40 hrs a week. Working a hybrid schedule which saves the work force time and money.

quote:

Originally posted by jeffeosso:
It's great news - it is so low that wages will need to go up, which should lead to great workforce participation.

Took 2 years, but finally beat trump's numbers

yay USA

The truth is, the positive claims made under Trump were mostly bullshit. The claims made under Joe Biden? More bullshit. Appealing to their respective blind followers, but bullshit nonetheless.
The economy is growing because the dollar is losing value. Inflation is declining because people have reached the point they cannot, or will not, pay the price for many of the goods and services being offered. However, to the left, all is well and good and we are on the verge of Utopia, providing we can do something about that pesky democracy thing. To the right, the status quo is OK, providing we can be sure the money is going into the right pockets. The future looks so bright, I gotta wear shades! Regards, Bill.

quote:

Originally posted by Bill Leeper:
The truth is, the positive claims made under Trump were mostly bullshit. The claims made under Joe Biden? More bullshit. Appealing to their respective blind followers, but bullshit nonetheless.
The economy is growing because the dollar is losing value. Inflation is declining because people have reached the point they cannot, or will not, pay the price for many of the goods and services being offered. However, to the left, all is well and good and we are on the verge of Utopia, providing we can do something about that pesky democracy thing. To the right, the status quo is OK, providing we can be sure the money is going into the right pockets. The future looks so bright, I gotta wear shades! Regards, Bill.

Funny thing is, I do quite a bit of international business where the value of the dollar is pertinent, I find the dollar to be remarkably strong in a historical context. Inflation has been a world wide issue since Covid and the Russia/Ukraine war. Inflation and the value of the dollar are not the same.

I can only speak to my future but I feel it is plenty bright. Of course certain segments of the media are happy to tell you the best days are behind us.

Been happening for at least four decades, at least Merle could sing though.

https://youtu.be/sIKUkcNeZfQ

My businesses are strong as well…can’t argue that.

But America climbing back to 2019 was in despite of Biden…not because of him.

quote:

Originally posted by ledvm:
My businesses are strong as well…can’t argue that.

But America climbing back to 2019 was in despite of Biden…not because of him.

Credit where credit is due. Like him or not, Biden is the captain of the ship currently and it seems to be sailing quite strongly.

I hardly approve of everything Biden is doing but he has done remarkably well in some areas, the economy and foreign policy surrounding the Ukraine war being two. Additionally, the fact that ANY administration was able to pass an infrastructure bill is nothing short of amazing, that has been talked about since I was a small child and Biden got it done.

That said, there is plenty I do not agree with but this is true of every POTUS of my lifetime.

Just because the currencies of the rest of the world are doing poorly too, that does not mean the US dollar is doing well. When the can of soup which was 89 cents is selling for 1.69, or the gallon of fuel which was 2 dollars is going for 5, this does not mean the economy is growing, it means the dollar is losing value. It means the model on which the world economy is based, is flawed. The fact that all other currencies buy less as well is not a positive sign for anyone. Economic growth is smoke and mirrors. Now, many of us have benefitted, at least in the short term, from this. I paid off debt using devalued dollars and have been living debt free for years because of manipulation of currency, more than anything else. Interestingly, I make more money providing a service which has no tangible value than I ever did when I did real work for value-based compensation. Still, I benefit, but maybe not in the long term. Of course, at this stage, I have no long term, so there is that! Regards, Bill

Good that there are so many of them, it takes two of them to make enough to eat under a roof...

Employment numbers may be up somewhat, but inflation and COL are up even more.

in Q1 of 2000, the average earner made $568/wk, Q4 of 2022 it was $1084/wk

One may think, "WOW, thats almost double!", but that increase doesn't even come close to keeping pace with cost of living increases and inflation.

In 2002, the Consumer Price Index was at 2.6%, now its closer to 7%

More jobs hasn't equated to more productivity either:

https://www.bls.gov/charts/pro...-recent-quarter.htm#

quote:

Originally posted by skb:

quote:

Originally posted by ledvm:
My businesses are strong as well…can’t argue that.

But America climbing back to 2019 was in despite of Biden…not because of him.

Credit where credit is due. Like him or not, Biden is the captain of the ship currently and it seems to be sailing quite strongly.

I hardly approve of everything Biden is doing but he has done remarkably well in some areas, the economy and foreign policy surrounding the Ukraine war being two. Additionally, the fact that ANY administration was able to pass an infrastructure bill is nothing short of amazing, that has been talked about since I was a small child and Biden got it done.

That said, there is plenty I do not agree with but this is true of every POTUS of my lifetime.

All one had to do for the economy to ‘come back’…is stay the hell out of the way. Difficult for most democrats…so he does a tiny bit of credit.

quote:

Originally posted by ledvm:

quote:

Originally posted by skb:

quote:

Originally posted by ledvm:
My businesses are strong as well…can’t argue that.

But America climbing back to 2019 was in despite of Biden…not because of him.

Credit where credit is due. Like him or not, Biden is the captain of the ship currently and it seems to be sailing quite strongly.

I hardly approve of everything Biden is doing but he has done remarkably well in some areas, the economy and foreign policy surrounding the Ukraine war being two. Additionally, the fact that ANY administration was able to pass an infrastructure bill is nothing short of amazing, that has been talked about since I was a small child and Biden got it done.

That said, there is plenty I do not agree with but this is true of every POTUS of my lifetime.

All one had to do for the economy to ‘come back’…is stay the hell out of the way. Difficult for most democrats…so he does a tiny bit of credit.

We're not knee deep in blood in Asia, Africa or Europe. I'm thankful for Biden for that.

Although if we were to invade New Zealand of Argentina I'd certainly advocate and volunteer to go along as a cook or dishwasher. Heck, I can drive truck and heavy equipment and probably be taught to fix a gun!

quote:

We're not knee deep in blood in Asia, Africa or Europe. I'm thankful for Biden for that.

Ever hear of a place called Ukraine?

quote:

Originally posted by Huvius:

quote:

We're not knee deep in blood in Asia, Africa or Europe. I'm thankful for Biden for that.

Ever hear of a place called Ukraine?

"We" are not knee deep.
Dipshits will be dipshits and I have no say. Tribalism in Africa, evil in Europe will go on no matter what I think or how I vote.

I get a say in where America fights.

quote:

Originally posted by Scott King:

quote:

Originally posted by Huvius:

quote:

We're not knee deep in blood in Asia, Africa or Europe. I'm thankful for Biden for that.

Ever hear of a place called Ukraine?

"We" are not knee deep.
Dipshits will be dipshits and I have no say. Tribalism in Africa, evil in Europe will go on no matter what I think or how I vote.

I get a say in where America fights.

So, your vote for Biden is an indicator that you're OK with getting more involved in Ukraine?
That's where we are headed under this administration.