WinSomeLuzSome
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fake news
Of course both prior months were revised sharply lower: July revised lower by 25K from 114K to 89K
June revised lower by 61K from 179K to 118K
The Economy
- Thread starter MajorRewrite
- Start date
Of course both prior months were revised sharply lower: July revised lower by 25K from 114K to 89K
June revised lower by 61K from 179K to 118K
MajorRewrite
Iffy
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As long as the economy continues to add jobs, I’m good.
WinSomeLuzSome
Virgin
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its not adding
its below replacement level
its below replacement level
Rightguide
Prof Triggernometry
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Job Scare: ADP Says Businesses Added Just 99,000 Jobs In August, Manufacturing Jobs Shrank
John Carney5 Sep 2024The private sector’s payrolls grew by just 99,000 in August, paycheck processor ADP said Thursday. That’s the smallest increase since 2021 and a signal that the labor market may be softening more than expected.
“The job market’s downward drift brought us to slower-than-normal hiring after two years of outsized growth,” Nela Richardson, chief economist of ADP, said in a statement.
Economists had forecast a gain of 140,000. The prior month’s estimate was revised down from 122,000 to 111,000.
While natural resources and construction continued to add jobs, manufacturing shed 8,000 workers, according to ADP.
https://www.breitbart.com/economy/2...000-jobs-in-august-manufacturing-jobs-shrank/
MajorRewrite
Iffy
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The number of jobs continues to grow, and you continue to be economically illiterate.
Why do you keep changing your screen name?
Fact
You know as much about economics as Obama's and Biden's.And now harris's economic adviser who is in reality a music major and a social worker major in other words you both know shit
https://en.m.wikipedia.org/wiki/Jared_Bernstein
Rightguide
Prof Triggernometry
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Foreign Automaker Lays Off Thousands of Michigan Workers after Pocketing Hundreds of Millions in Biden EV Subsidies
By James Lynch
September 5, 2024 8:19 AM
A multinational automaker prepared to lay off more than 2,000 American workers in August after benefiting handsomely from the Biden administration's subsidies for electric-vehicle production.
Stellantis, the parent company to famous brands like Ram and Jeep, has been awarded hundreds of millions in grants from the federal government to promote its EV manufacturing. But the Biden administration's largesse has not prevented the company from laying off American workers.
In July, the Department of Energy awarded Stellantis subsidiary Chrysler a $334.8 million grant to convert a shuttered Illinois plant into a facility for building EVs and another $250 million grant to make a ...
https://www.nationalreview.com/news...g-hundreds-of-millions-in-biden-ev-subsidies/
MajorRewrite
Iffy
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Why did you reply to yourself? That’s a sure sign of lunacy.
Employment in the US continues to grow. You obviously struggle to understand words and numbers, so here’s a graph. Do you understand pictures?
https://fred.stlouisfed.org/series/PAYEMS
Why do you keep repeating yourself? A sign of lunacy.Why did you reply to yourself? That’s a sure sign of lunacy.
Employment in the US continues to grow. You obviously struggle to understand words and numbers, so here’s a graph. Do you understand pictures?
https://fred.stlouisfed.org/series/PAYEMS
ll74
Your Best Friend
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You say this without any self awareness
WinSomeLuzSome
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Two stats are everything you need to know about the August jobs report:
Jobs for native born Americans over the last year: -1.3 million
Jobs for foreign-born workers over the last year: +2 million
Full time jobs: -438,000
Part times jobs: +527,000
Jobs for native born Americans over the last year: -1.3 million
Jobs for foreign-born workers over the last year: +2 million
Full time jobs: -438,000
Part times jobs: +527,000
RobDownSouth
We Know Wat's Wrong!
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Agreed. Instant ignore.
Rightguide
Prof Triggernometry
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Always best to ignore the truth when it slaps you on your double chin, right Rob.
MajorRewrite
Iffy
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ll74
Your Best Friend
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He has four other alts. Ignoring one doesn't stop seeing his bullshit.
WinSomeLuzSome
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Rightguide
Prof Triggernometry
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Bidenomics Led To Over 1.3 Million Native-Born Americans Losing Their Jobs In August
1 Comment / By Shay Bottomley / September 6, 2024More than 1.3 million native-born Americans lost a job in August as all net job growth continues going to non-citizens.
Data from the Bureau of Labor Statistics was charted by the financial publication Zero Hedge showing a loss of 1.325 million jobs for native-born Americans in August alone. By contrast, the number of foreign-born workers increased by 635,000 during the same period.
https://wokespy.com/bidenomics-led-...e-born-americans-losing-their-jobs-in-august/
MajorRewrite
Iffy
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The unemployment rate for native born workers dropped from 4.5% in July to 4.4% in August.
The unemployment rate non-native born workers dropped from 4.7% in July to 4.3% in August.
That seems like both groups had a good month.
https://www.bls.gov/news.release/empsit.t07.htm
On a related note, the labor force participation rate for native born people dropped from 62.3% to 61.7%. This is caused by the aging population and all those Boomers retiring from the labor force. The number of native born people employed in the US is going to slowly decline because of demographics.
Also: you used the term “non-citizens”. That’s incorrect. The data is about people not born in the US. It doesn’t distinguish if they are citizens or not. Many are obviously citizens now.
MajorRewrite
Iffy
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Forgot your tinfoil cap again?
If you post something stupid about Dollar General, maybe you’ll feel better.
Note: the BLS is the source of the data used in Comrade RightGuide’s comment and the comment you made (under your WinSomeLuzSome alt).
RobDownSouth
We Know Wat's Wrong!
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The economy continues to grow under the Biden administration, albeit the rate of growth has slowed in manufacturing.
Does this portend the End Of The World As We Know It, chicken little?
The reason I'm asking is because I Feel Fine.
Pad_Foot
H.Potter's Godfather
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On Tuesday will someone ask ‘rump “Who pays tariffs?”9 He is basing his whole economic plan on the idea that other countries will pay 10% to sell their goods in the US.
Does his clan know the answer???
Of course manufacturers here like it. It’s not free trade. It makes it easier for the US manufacturers to sell their goods in the US, but not over seas! Tariffs don’t get them to lower prices here! Why would they? They can charge 5% more easily! They will have to if any part of their product has tariffs they have to pay.
We need a “School House Rocks” cartoon to explain this to Americans
Conservatives used to be all about Free Trade. Yes, other countries use tariffs, but our manufacturers don’t pay them. It makes it harder to sell our goods.
Shove ‘rump’s feet in the fire. Make him explain “Who pays a tarif?” Does he know?
You like inflation? Tariffs will raise your prices immediately? What is that extra money earmarked for? Is it guaranteed income for the government?? Did Trump use the extra income pay down the deficit??? Nope… he decided to take less money from the wealthy and hoped it would trickle down. US Companies bought back their own stock instead of all the things they could have done. CEO’s got to recoup the money
Does his clan know the answer???
Of course manufacturers here like it. It’s not free trade. It makes it easier for the US manufacturers to sell their goods in the US, but not over seas! Tariffs don’t get them to lower prices here! Why would they? They can charge 5% more easily! They will have to if any part of their product has tariffs they have to pay.
We need a “School House Rocks” cartoon to explain this to Americans
Conservatives used to be all about Free Trade. Yes, other countries use tariffs, but our manufacturers don’t pay them. It makes it harder to sell our goods.
Shove ‘rump’s feet in the fire. Make him explain “Who pays a tarif?” Does he know?
You like inflation? Tariffs will raise your prices immediately? What is that extra money earmarked for? Is it guaranteed income for the government?? Did Trump use the extra income pay down the deficit??? Nope… he decided to take less money from the wealthy and hoped it would trickle down. US Companies bought back their own stock instead of all the things they could have done. CEO’s got to recoup the money
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