Anonymous wrote:

Anonymous wrote:Not sure I believe this, but...

US labor market adds 147,000 jobs in June while unemployment falls to 4.1%

How is this possible when the private sector reported a loss and the government has frozen hiring in both states and federal agencies. It’s a fix.

the ICE hires

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

Futures are up because the markets think there will be an interest rate cut in the offing.

It doesn’t make sense that there would be a 70k increase in state and local government education jobs in June. I suspect there is a glitch with the seasonal adjustment that DOL uses that is based on historical data and projected a larger drop in education employment in June. Could be that more schools that used to end the school year in May now end it in June.

Health care services and social assistance jobs increased by 58k, so with the education jobs, 87% of the job growth in the report was in public and professional services sectors that Republicans are trying to kill.

Anonymous wrote:Don’t worry, the government jobs report will
come out shortly and paint a completely different, rosy picture. Nothing to see here, folks.

Quoting my own post from yesterday. As expected, everything’s great!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

What does that even mean? Are they counting the unfired employees because of lawsuits and reversed layoffs? Or activation of the NG? Or just made up numbers?

They are claiming state and local governments have been on such a hiring spree that it overcomes the mass layoffs in private sector and federal government.

Anonymous wrote:What an odd jobs report.

Up 147k. Govt 73k, health 39k, social assistance 19k. Other sectors little changed.

Everything the admin is cutting is actually adding jobs, while the more productive sectors that they want to increase are flat.

I know the Fed layoffs haven’t hit yet, since employees are on severance, but why are states still spending with the threat of funding cuts looming?

Are social assistance jobs kind of "government" and/or "health" as well? At least in the same family. That means 131K of the 147K fall within a category I thought Trump was cutting?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

It is more of an indicator of a bubble. I am not saying it is a bubble, because I am inside the bubble and cannot see the needle coming to pop it.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

I'm in the stock market as well...so yeah. But if you genuinely believe the job market is actually good out there, well...

They fired the people who collect this data and now just make up random things to improve their personal investments.

Anonymous wrote:What an odd jobs report.

Up 147k. Govt 73k, health 39k, social assistance 19k. Other sectors little changed.

Everything the admin is cutting is actually adding jobs, while the more productive sectors that they want to increase are flat.

I know the Fed layoffs haven’t hit yet, since employees are on severance, but why are states still spending with the threat of funding cuts looming?

Because it’s a lie.

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

What does that even mean? Are they counting the unfired employees because of lawsuits and reversed layoffs? Or activation of the NG? Or just made up numbers?

Anonymous wrote:Not sure I believe this, but...

US labor market adds 147,000 jobs in June while unemployment falls to 4.1%

How is this possible when the private sector reported a loss and the government has frozen hiring in both states and federal agencies. It’s a fix.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

I'm in the stock market as well...so yeah. But if you genuinely believe the job market is actually good out there, well...

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

It's a meme stock market now, totally uncoupled from anything. Just like our government.

Anonymous wrote:

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?

S&P futures are at 6,285 right now, so they’re pretty fine with it. Historic highs and a bull market are not indicators of a recession.

Anonymous wrote:What an "awful" jobs report.

Government jobs accounted for half of this report (read into that juicing however you wish...), while private sector jobs have decreased. How Republican, right?