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Originally posted by wymple:
272,000 new jobs, after a prediction of 165-180,000. Terrible isn't it?

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Originally posted by TomP:

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Originally posted by wymple:
272,000 new jobs, after a prediction of 165-180,000. Terrible isn't it?

I idly wonder what goods those jobs produce?

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Originally posted by Aspen Hill Adventures:
https://www.zerohedge.com/econ...il&utm_campaign=2777

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Zero Hedge (or ZeroHedge)[a] is a far-right[13] libertarian[18] financial blog and news aggregator.[14][15][19] Zero Hedge is bearish in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economics and credit cycles.[20] It has been described as a financial "permabear".[21][22]

Over time, Zero Hedge expanded into non-financial political content,[b] including conspiracy theories and fringe rhetoric[3][24] advancing radical right,[15][25] alt-right,[26][27][28] and pro-Russia positions.

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Originally posted by TomP:

quote:

Originally posted by wymple:
272,000 new jobs, after a prediction of 165-180,000. Terrible isn't it?

I idly wonder what goods those jobs produce?

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Job gains were widespread across industry sectors, with health care, government, leisure and hospitality, and professional, scientific, and technical services registering the largest increases.

Health care added 68,000 jobs, followed by government at 43,000, leisure and hospitality with 42,000, and professional and other services adding 32,000.

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Originally posted by Aspen Hill Adventures:
https://www.fairus.org/issue/i...liens-taking-us-jobs

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The Southern Poverty Law Center (SPLC) currently classifies FAIR as a hate group, citing among other things the organization's anti-Latino and anti-Catholic attitudes, its acceptance of $1.2 million from a racist foundation, the Pioneer Fund, its hiring as key officials men who also joined white supremacist groups, having board members who also write regularly for hate publications, its promotion of racist conspiracy theories, and the white supremacist beliefs of its founder. In 1982, John Tanton wrote "As Whites see their power and control over their lives declining, will they simply go quietly into the night? Or will there be an explosion."[8][51] The SPLC issued an intelligence report in 2007, after which they added FAIR to its list of hate groups.[51]

quote:

Originally posted by Jefffive:

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Originally posted by TomP:

quote:

Originally posted by wymple:
272,000 new jobs, after a prediction of 165-180,000. Terrible isn't it?

I idly wonder what goods those jobs produce?

quote:

Job gains were widespread across industry sectors, with health care, government, leisure and hospitality, and professional, scientific, and technical services registering the largest increases.

Health care added 68,000 jobs, followed by government at 43,000, leisure and hospitality with 42,000, and professional and other services adding 32,000.

Link

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Originally posted by LongDistanceOperator:

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Originally posted by Jefffive:

quote:

Originally posted by TomP:

quote:

Originally posted by wymple:
272,000 new jobs, after a prediction of 165-180,000. Terrible isn't it?

I idly wonder what goods those jobs produce?

quote:

Job gains were widespread across industry sectors, with health care, government, leisure and hospitality, and professional, scientific, and technical services registering the largest increases.

Health care added 68,000 jobs, followed by government at 43,000, leisure and hospitality with 42,000, and professional and other services adding 32,000.

Link

But what if I **WANT** the sky to fall???

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quote:
Job gains were widespread across industry sectors, with health care, government, leisure and hospitality, and professional, scientific, and technical services registering the largest increases.

Health care added 68,000 jobs, followed by government at 43,000, leisure and hospitality with 42,000, and professional and other services adding 32,000.

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Originally posted by wymple:
I have NEVER heard a republican dissect & complain about job increases under any GOP president. NEVER.

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Job gains were widespread across industry sectors, with health care, government, leisure and hospitality, and professional, scientific, and technical services registering the largest increases.

Health care added 68,000 jobs, followed by government at 43,000, leisure and hospitality with 42,000, and professional and other services adding 32,000.

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Originally posted by Jefffive:

quote:

Originally posted by wymple:
I have NEVER heard a republican dissect & complain about job increases under any GOP president. NEVER.

It rarely comes up, they mostly lose jobs and increase deficits.

Look at job creation by Presidency since Reagan:

Reagan- +2.06% The Republican high point since 1980.

Bush the Elder- +.61%

Clinton- +2.4%

Bush the Lesser- +.13%

Obama- +1.04%

Trump- -.51% Like losing money running a casino, the only President since 1939 to lose jobs.

Biden- Not a complete term yet, but on pace for 3.25%+

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Originally posted by wymple:
Wrong. Those are NEW jobs, after the pandemic recovery.

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...Bloomberg's chief economist Anna Wong agreed, and not only that, but she also agreed with our recurring contention that the Household Survey is far more accurate...

“May’s jobs report presented contradictory views of the labor market, as we expected. The establishment survey shows robust gains in nonfarm payrolls — yet the unemployment rate rose to 4.0%. We believe the latter currently offers a closer approximation of reality than payrolls, as BLS’ model for estimating business births and deaths – which added 231,000 jobs to the nonfarm-payrolls print in May – is lagging the reality of surging establishment closures and falling business formation. We think the underlying pace of current job gains is likely less than 100,000 per month.”

... not least of all because it accounts for the grotesque data manipulation by the BLS in the form of the ridiculous monthly Birth/ Death adjustments, which even Bloomberg now admits are artificially inflating the monthly jobs print by about 100K. To get a sense of just how unprecedented this statistically manipulation is, consider that the birth-death model has added 1.9 million jobs since last April, or a whopping 56% of all payrolls added during this period. This means that more than half of all "job gains" in the past year are from an excel spreadsheet which assumes that 1.9 million new jobs were created from new businesses.

~Ann

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Originally posted by Aspen Hill Adventures:
I can't make you read the links I posted but go ahead and refute the data. If you can. 'New' jobs have all gone to illegals. The data, charts and info is concise here.

Another one: https://www.zerohedge.com/mark...il&utm_campaign=2784


Excerpt:

quote:

...Bloomberg's chief economist Anna Wong agreed, and not only that, but she also agreed with our recurring contention that the Household Survey is far more accurate...

“May’s jobs report presented contradictory views of the labor market, as we expected. The establishment survey shows robust gains in nonfarm payrolls — yet the unemployment rate rose to 4.0%. We believe the latter currently offers a closer approximation of reality than payrolls, as BLS’ model for estimating business births and deaths – which added 231,000 jobs to the nonfarm-payrolls print in May – is lagging the reality of surging establishment closures and falling business formation. We think the underlying pace of current job gains is likely less than 100,000 per month.”

... not least of all because it accounts for the grotesque data manipulation by the BLS in the form of the ridiculous monthly Birth/ Death adjustments, which even Bloomberg now admits are artificially inflating the monthly jobs print by about 100K. To get a sense of just how unprecedented this statistically manipulation is, consider that the birth-death model has added 1.9 million jobs since last April, or a whopping 56% of all payrolls added during this period. This means that more than half of all "job gains" in the past year are from an excel spreadsheet which assumes that 1.9 million new jobs were created from new businesses.

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Originally posted by ledvm:
Those positioned well are thriving…but that is the case in most economies. This is a strong rich get richer — poor get poorer economy. And, why it will hurt Biden in the election.

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Originally posted by Jefffive:

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Originally posted by Aspen Hill Adventures:
I can't make you read the links I posted but go ahead and refute the data. If you can. 'New' jobs have all gone to illegals. The data, charts and info is concise here.

Another one: https://www.zerohedge.com/mark...il&utm_campaign=2784


Excerpt:

quote:

...Bloomberg's chief economist Anna Wong agreed, and not only that, but she also agreed with our recurring contention that the Household Survey is far more accurate...

“May’s jobs report presented contradictory views of the labor market, as we expected. The establishment survey shows robust gains in nonfarm payrolls — yet the unemployment rate rose to 4.0%. We believe the latter currently offers a closer approximation of reality than payrolls, as BLS’ model for estimating business births and deaths – which added 231,000 jobs to the nonfarm-payrolls print in May – is lagging the reality of surging establishment closures and falling business formation. We think the underlying pace of current job gains is likely less than 100,000 per month.”

... not least of all because it accounts for the grotesque data manipulation by the BLS in the form of the ridiculous monthly Birth/ Death adjustments, which even Bloomberg now admits are artificially inflating the monthly jobs print by about 100K. To get a sense of just how unprecedented this statistically manipulation is, consider that the birth-death model has added 1.9 million jobs since last April, or a whopping 56% of all payrolls added during this period. This means that more than half of all "job gains" in the past year are from an excel spreadsheet which assumes that 1.9 million new jobs were created from new businesses.

Ann, the problem with establishing a clear track record as a liar, and posting links to known fabricators and ideologues, is that nothing you say or post can be relied on at face value; every assertion, every detail has to be exhaustively researched and fact-checked to identify the inevitable lies and pure fabrications. Knowing that the lies and fabrications form the basis for whatever conclusions you or your conspiracist sources draw from the mishmash of half-truths presented, the logical assumption is that anything you say or refer to is mostly bullshit.

To any thinking person you have forfeited all credibility; you lie as habitually as Trump does.

~Ann

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Originally posted by wymple:
Ann, do you EVER check anything out before shooting off? I doesn't appear that you do....

"Zero Hedge is a far-right libertarian financial blog and news aggregator1. It was founded by Daniel Ivandjiiski, a Bulgarian-born, U.S.-based former investment banker and capital-markets trader2. The blog's reputation is controversial due to its spread of financial theories considered conspiratorial or incorrect by most economists."

~Ann

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Pymple, are the graphs and charts wrong on the article? Please post YOUR data that says otherwise. Just because you don't like the messenger doesn't mean it is wrong.

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Originally posted by Aspen Hill Adventures:

quote:

Originally posted by wymple:
Ann, do you EVER check anything out before shooting off? I doesn't appear that you do....

"Zero Hedge is a far-right libertarian financial blog and news aggregator1. It was founded by Daniel Ivandjiiski, a Bulgarian-born, U.S.-based former investment banker and capital-markets trader2. The blog's reputation is controversial due to its spread of financial theories considered conspiratorial or incorrect by most economists."

Pymple, are the graphs and charts wrong on the article? Please post YOUR data that says otherwise. Just because you don't like the messenger doesn't mean it is wrong.