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I guess the republican dream of a recession is officially over! Look at those awesome upward revisions as well, July and August ended up being strong on the jobs front. 2024 continues the strong hiring and wage growth from 2023. With rapidly declining inflation, now running 2.5% and wage growth up 4.1%, these are boom times. This wasn’t a soft landing, it’s a boom. The stock market and net worth numbers reflect it as well. The best part is wage and net worth numbers have been stronger for lower income households than higher income households, a complete reversal from the last 40 years! |
Wow, you guys are brainwashed. Out of the 250k jobs, 140k were govt jobs. These are jobs the govt is paying for from tax dollars. Not money going into the system like you get when private employers create a job and pay taxes. We don’t need more govt jobs, you need more private sector jobs. |
The data disagrees. Private sector job growth has been robust and continues to be robust:
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Great jobs report today!
Economy looks strong. |
LOL, almost all of those are teachers, you know, school starting and all. The assumption they are all soulless bureaucrats is the tell how partisan and uncritical the thought process is. |
That’s a private sector gain of 1.45 million just in 2024 so far! Over 160k a month private sector only this year! |
It's morning in America! Keep crying those MAGA tears, hoping for bad things to happen. |
+1000 We're doing OK. It's not doomsday Donald. Stop trying to brainwash your supporters. They are the only ones that believe you. The few that attend your rallies, that is. |
| cue the ketchup tantrum |
And if you’re rooting for a bad economy so that Trump has a better chance of winning, ask yourself why you’re rooting against America and your compatriots. |
And this is the second to the last major economic update before the election. Harris can now run with this as part of her economic message. |