User Panel
Posted: 12/8/2023 10:01:04 AM EDT
Jobs to the moon.
Hope no one was banking on rate cuts in March. |
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I believe the last two revisions revised reports down 60k and 40k. So, likely this will be less jobs than reported.
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Quoted: Jobs to the moon.
Hope no one was banking on rate cuts in March. View Quote Corrupt lying government is lying again. If anything, people are working 2-3 jobs and still in the hole. The people that didn't want to work before covid, mixed with the people that stopped working during covid, are not coming back to work. Those that are left are doing twice the work. |
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Yeah, I was feeling the warm and fuzzy rebound. Bidenomics showing it's unstoppable results.
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This shit is pretty much meaningless now. Help wanted signs everywhere and hordes of people wandering around who don't work.
I think even the most head in the sand folks are starting to wake up to how much we are all being played |
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1. More people retiring than “officially” entering the workforce.
2. More people needing 2 jobs. 3. Illegal immigrants getting green cards at record pace. Look at labor participation rates, not job numbers. This whole smoke and mirrors game is dumb. But hey that’s the government we got. People love lies. Edit: 62.8% labor participation rate for November 2023. 37.2% of our population doesn’t work. Over 1 in 3 employable people isn’t employed. Think about that number. Out of that 62.8%, over half of that number works for some level or is funded by some level of the government as well. |
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Quoted: 1. More people retiring than “officially” entering the workforce. 2. More people needing 2 jobs. 3. Illegal immigrants getting green cards at record pace. Look at labor participation rates, not job numbers. This whole smoke and mirrors game is dumb. But hey that’s the government we got. People love lies. Edit: 62.8% labor participation rate for November 2023. 37.2% of our population doesn’t work. Over 1 in 3 employable people isn’t employed. Think about that number. Out of that 62.8%, over half of that number works for some level or is funded by some level of the government as well. View Quote Agreed, the labor participation rate is the key. |
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Quoted: If only we got the real numbers when available instead of the guesses which become the talking points. The system, she's a broke. View Quote View All Quotes View All Quotes Quoted: Quoted: I believe the last two revisions revised reports down 60k and 40k. So, likely this will be less jobs than reported. If only we got the real numbers when available instead of the guesses which become the talking points. The system, she's a broke. Fed meeting is next week. So this is what JPow gets to work with. Attached File |
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Quoted: 1. More people retiring than “officially” entering the workforce. 2. More people needing 2 jobs. 3. Illegal immigrants getting green cards at record pace. Look at labor participation rates, not job numbers. This whole smoke and mirrors game is dumb. But hey that’s the government we got. People love lies. Edit: 62.8% labor participation rate for November 2023. 37.2% of our population doesn’t work. Over 1 in 3 employable people isn’t employed. Think about that number. Out of that 62.8%, over half of that number works for some level or is funded by some level of the government as well. View Quote Quoted: Seasonal jobs that will be gone by the 2nd week in January. View Quote These guys nail it. It’s all bullshit at this point. |
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Quoted: Bidenomics baby America is so back! https://media.gq-magazine.co.uk/photos/5fa56a03ab4311e33c32f5c2/master/w_1600%2Cc_limit/GettyImages-1205678026.jpg View Quote Labor participation has been going down for 20 years. It’s just inflation is making it really hurt. (I have to go to a meeting or else I’d expand on that.) |
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The balloon will be made to go wheeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeewwwwww. Stagflation is better than a depression I suppose.
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Quoted: Fed meeting is next week. So this is what JPow gets to work with. https://www.ar15.com/media/mediaFiles/200878/IMG_4073_png-3053174.JPG View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: I believe the last two revisions revised reports down 60k and 40k. So, likely this will be less jobs than reported. If only we got the real numbers when available instead of the guesses which become the talking points. The system, she's a broke. Fed meeting is next week. So this is what JPow gets to work with. https://www.ar15.com/media/mediaFiles/200878/IMG_4073_png-3053174.JPG LoL Accurate meme is accurate |
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How do they get away with lying their asses off every month and revising them back down a few weeks later? And the media never calls out the bullshit.
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The only time you will see the Labor Participation Rate mentioned is if they can do enough number fudging to claim a rise.
Otherwise, nobody ever reports THAT number, and most people have no idea that the unemployment rate has no bearing on the number of people actually working. Honestly, I am surprised to even see the supposed uptick reported. |
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Quoted: Jobs to the moon.
Hope no one was banking on rate cuts in March. View Quote Bullshit. They'll revise it down after Christmas and it'll be way worse they hoped for. |
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Quoted: Fed meeting is next week. So this is what JPow gets to work with. https://www.ar15.com/media/mediaFiles/200878/IMG_4073_png-3053174.JPG View Quote |
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Kamala giving blow jobs shouldn't be counted as employment numbers, even though she gets paid to do that.
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will be adjusted downward later and never shared with the public.
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You need, and this is an old figure from around 2016, but you need to around 200k-225k new hires per month just to replace retiring, sick, and dead workers. That number isn't enough to drop the unemployment rate. You need 250k-275k new hires each month to move it 1/10 of 1 percentage point.
This is not enough to replace jobs we've lost, the number did not drop. Look up the different U numbers, and use the old method, pre Obama, which used U-6 and not U-3 like we started using during Obama's term to fake the numbers. U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate). This is the current official method. It shows November's number as 3.7% Now, the traditional method U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force. It currently stands at 7.0% This is the method that was used by economists since the 1950s to tell the true story. It includes all people that can work, but aren't. Actual unemployed and underemployed. It is generally double the U-3 number. The U-3 doesn't count workers no longer looking for a job, the U-6 does. The U-3 simply pretends they disappeared. |
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Wait for the jobs breakdown the last one I looked at had the service sector first then government followed by healthcare and a minuscule construction growth
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During inflationary times, it is unfortunate that the people must feel the pain. If they cannot afford stuff, the companies need to lower costs. If you pump up jobs and wages during inflationary times, then more people CAN afford the new reset higher price.
This will only add to inflation worries which will probably lead to continued high interest rates. |
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Quoted: You need, and this is an old figure from around 2016, but you need to around 200k-225k new hires per month just to replace retiring, sick, and dead workers. That number isn't enough to drop the unemployment rate. You need 250k-275k new hires each month to move it 1/10 of 1 percentage point. This is not enough to replace jobs we've lost, the number did not drop. Look up the different U numbers, and use the old method, pre Obama, which used U-6 and not U-3 like we started using during Obama's term to fake the numbers. U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate). This is the current official method. It shows November's number as 3.7% Now, the traditional method U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force. It currently stands at 7.0% This is the method that was used by economists since the 1950s to tell the true story. It includes all people that can work, but aren't. Actual unemployed and underemployed. It is generally double the U-3 number. The U-3 doesn't count workers no longer looking for a job, the U-6 does. The U-3 simply pretends they disappeared. View Quote |
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How am I getting back the 30% increase in groceries I'm paying every month?
I see the oil companies got the order to reduce $/gal, though. I'm sure it's not a manipulation. |
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All bullshit anyway, how the fuck could they know who's employed or not?
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Never seen so many 70+ year old employees working in my life. Some Walmart employees may even be pushing their 80’s.
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Is heavily manipulated job numbers beating heavily manipulated goal numbers supposed to mean something?
Then they'll downgrade the results in two or three months after the propaganda bureaus have plastered that wonderful news across every media source proclaiming how well FJB is doing. Any numbers that come from the feds are bullshit. |
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