Trump 47 Economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is anybody else interested in seeing the job #s BLS releases tomorrow?

Nah. They have already started cooking those numbers. I think the private sector ADP numbers and company earnings reports are better indicators of the market than Trump’s BLS numbers

They have not started cooking the numbers! Private sector cannot replicate the depth and breath of BLS and other statistical agencies. You don’t know what you’re talking about!

DP. After Trump fired the commissioner when he didn’t like the numbers, it’s hard to trust anything coming out of there. People don’t want to get fired. I don’t blame them. There are no jobs!

[Anonymous]

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is anybody else interested in seeing the job #s BLS releases tomorrow?

Nah. They have already started cooking those numbers. I think the private sector ADP numbers and company earnings reports are better indicators of the market than Trump’s BLS numbers

They have not started cooking the numbers! Private sector cannot replicate the depth and breath of BLS and other statistical agencies. You don’t know what you’re talking about!

DP. After Trump fired the commissioner when he didn’t like the numbers, it’s hard to trust anything coming out of there. People don’t want to get fired. I don’t blame them. There are no jobs!

If you were aware of how many people are involved in data collection and processing, you would not think this. Additionally, the acting head is not a political appointee. He would not cave to WH pressure; he would quit! He doesn’t have to find a job; he can retire. The numbers are not manipulated…yet. If that dimwit douchebag with his diploma-mill education and J6 participant that Trump nominated take leadership then yes, BLS is a partisan operation. It isn’t right now.

[Anonymous]

The August jobs report released Friday by the the Bureau of Labor Statistics (BLS) showed there were just 22,000 new jobs added to the economy last month, far fewer than forecast and the latest sign that the US labor market slowed down through the summer.

[Anonymous]

August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is anybody else interested in seeing the job #s BLS releases tomorrow?

Nah. They have already started cooking those numbers. I think the private sector ADP numbers and company earnings reports are better indicators of the market than Trump’s BLS numbers

They have not started cooking the numbers! Private sector cannot replicate the depth and breath of BLS and other statistical agencies. You don’t know what you’re talking about!

DP. After Trump fired the commissioner when he didn’t like the numbers, it’s hard to trust anything coming out of there. People don’t want to get fired. I don’t blame them. There are no jobs!

If you were aware of how many people are involved in data collection and processing, you would not think this. Additionally, the acting head is not a political appointee. He would not cave to WH pressure; he would quit! He doesn’t have to find a job; he can retire. The numbers are not manipulated…yet. If that dimwit douchebag with his diploma-mill education and J6 participant that Trump nominated take leadership then yes, BLS is a partisan operation. It isn’t right now.

The acting head isn't the issue, it is the nominee that is the issue.

[Anonymous]

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

Given Trump conceded that Xi has brought the rest of the world behind China and that China and Russia are "lost" to the US, I would say we are definitely not winning.

[Anonymous]

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

And btw, equities went up on the news that people are not working. Apparently, it is a positive sign that the interest rates will definitely be cut, maybe three cuts this year. Great for businesses wanting to borrow money, not so great for the under and unemployed people.

[Anonymous]

August jobs growth was only +22k. July revised up +6k to +79k. June was revised down by -27k to -13k. Average jobs growth over the three months = +29k.

Unemployment rose a tick to 4.3%

This is like 1/10th of the average job growth under Obama or Biden. It is so effing sad.

[Anonymous]

Anonymous wrote:

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

And btw, equities went up on the news that people are not working. Apparently, it is a positive sign that the interest rates will definitely be cut, maybe three cuts this year. Great for businesses wanting to borrow money, not so great for the under and unemployed people.

This is why "the markets" are not "the economy" no matter how much the right bleats on about it. Ironic that "the markets" do well under democratic presidents who also foster significant job growth while the GOP gets market growth while destroying GDP.

[Anonymous]

June job change was negative after revisions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:August Non-Farm Jobs Report
22k vs expected 75k
4.3%unemploymnet

Revised July Report
79k from originally reported 73k
Underemployment rate. 8.6% up from last month

We are not winning

And btw, equities went up on the news that people are not working. Apparently, it is a positive sign that the interest rates will definitely be cut, maybe three cuts this year. Great for businesses wanting to borrow money, not so great for the under and unemployed people.

This is why "the markets" are not "the economy" no matter how much the right bleats on about it. Ironic that "the markets" do well under democratic presidents who also foster significant job growth while the GOP gets market growth while destroying GDP.

I love when wealthy, elitist Dems pretend to care about the poors so they can bleat like sheep against all things GOP.

????

The Dems are responsible for about 95% of the job creation that has happened since 1988. The GOP leave office with an economy in tatters and the Dems are the ones who fix it every time. Please show where the GOP does ANYTHING for "the poors"

[Anonymous]

22k jobs, offset by -21k in revisions. Basically Trump quickly killed an economy that was regularly creating 200k jobs/mo in just a quick few months.

So much winning, the only growth is in healthcare and social services, not very productive parts of the economy. Manufacturing, business services, finance, oil/mining, continue to bleed. Good chance of recession starting late this year or early next.

[Anonymous]

Anonymous wrote:The Dems are responsible for about 95% of the job creation that has happened since 1988. The GOP leave office with an economy in tatters and the Dems are the ones who fix it every time. Please show where the GOP does ANYTHING for "the poors"

I never claimed the GOP did anything for the poors. Yet the poors now back the GOP. That’s how bad things are for Democrats now.