job report continues to be excellent

pjmret

Well-Known Member
Joined
Apr 7, 2022
Messages
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that stupid bidennomics. lol.
unemployment rate falls, job growth far exceeds forecast.


overall,
The United States economy grew faster than any other large advanced economy last year — by a wide margin — and is on track to do so again in 2024.
State of play: All countries were dealing with the same problems of post-pandemic inflation and high interest rates meant to combat it. But the U.S. managed to achieve solid growth in spite of those headwinds.

  • Strong growth in the U.S. labor force was one factor — both due to more Americans choosing to enter the workforce and a surge in immigration.
  • The U.S. also experienced strong productivity growth fueled by an innovative corporate sector and, Biden administration officials argue, big federal investments in infrastructure and manufacturing capacity.
What they're saying: Adam Posen, president of the Peterson Institute for International Economics, argues that an important part of the story is a U.S. pandemic response that led to more Americans shifting toward higher-productivity work.

  • "The enormous labor market churn of COVID in 2020-21 had the unintended benefit of moving millions of lower income workers to better jobs, more income security, and/or running their own businesses," Posen tells Axios.

thank you joe and bidenomics :)
 
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The same statistics that Trump said made a part of his term successful are identical to those that Biden has made successful for all four years of his. Low unemployment, a rising stock market. The rate of inflation was also reduced without throwing anyone out of work, which always happened when Republicans tried to lower inflation.
 
"Friday morning the Bureau of Labor Statistics issued the August jobs report, which found that employment in the United States “has shown little change since April.” The U.S. economy has averaged just 27,000 jobs added per month over the past four months, a sharp drop from previous years, amid a clear and dramatic slowdown caused by Presidunce Spanky’s chaotic and destructive tariff regime. The economy actually lost 13,000 jobs in June, and despite Spankys supposed focus on strengthening U.S. manufacturing as a primary goal of his trade wars, that sector has now lost 78,000 jobs this year.
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Rather than acknowledge and address these realities, however,
Spanky responded with bewildering commentary that ranged from ridiculously dishonest to shockingly out of touch."
"By now, the Trump White House has a simple strategy for dealing with what it considers bad news: Attack the messenger. They have pressured TV networks to cancel comedy programs, filed lawsuits against major media outlets, and of course even fired the head of the Bureau of Labor Statistics (BLS) for releasing jobs data they didnt like.
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Spankys abrupt decision to remove BLS Commissioner Erika McEnterfar was unsurprising, but the absurd reasoning – and the further damage he could still do – deserve a closer look.
The back story is pretty straight-forward: On August 1, the BLS released its July jobs report, which found
weaker than expected job creation and a slight increase in the unemployment rate. The report also revised job creation numbers from the prior two months. This didnt sit well with Spanky, who claimed the numbers were RIGGED in order to make the Republicans, and ME, look bad.”
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Maybe the Brits could offer an evaluation even MAGATS could understand!!
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"Friday morning the Bureau of Labor Statistics issued the August jobs report, which found that employment in the United States “has shown little change since April.” The U.S. economy has averaged just 27,000 jobs added per month over the past four months, a sharp drop from previous years, amid a clear and dramatic slowdown caused by Presidunce Spanky’s chaotic and destructive tariff regime. The economy actually lost 13,000 jobs in June, and despite Spankys supposed focus on strengthening U.S. manufacturing as a primary goal of his trade wars, that sector has now lost 78,000 jobs this year.
.
Rather than acknowledge and address these realities, however,
Spanky responded with bewildering commentary that ranged from ridiculously dishonest to shockingly out of touch."
"By now, the Trump White House has a simple strategy for dealing with what it considers bad news: Attack the messenger. They have pressured TV networks to cancel comedy programs, filed lawsuits against major media outlets, and of course even fired the head of the Bureau of Labor Statistics (BLS) for releasing jobs data they didnt like.
.

Spankys abrupt decision to remove BLS Commissioner Erika McEnterfar was unsurprising, but the absurd reasoning – and the further damage he could still do – deserve a closer look.
The back story is pretty straight-forward: On August 1, the BLS released its July jobs report, which found
weaker than expected job creation and a slight increase in the unemployment rate. The report also revised job creation numbers from the prior two months. This didnt sit well with Spanky, who claimed the numbers were RIGGED in order to make the Republicans, and ME, look bad.”
.
.

Maybe the Brits could offer an evaluation even MAGATS could understand!!
.
Democrats: Run for your lives, Americans! Trump is destroying the economy, building concentration camps for his enemies, snatching babies out of their homes with goons dressed to look like federal law enforcement officers, destroying the environment by deregulating cap and trade policies, making billions under the table while Americans can barely afford child care in foreign learing centers, putting blacks back in chains, destroying election securities, and so much more!
 
Biden was a much better president than Shitshizpants, who is a thieving, rapey incompetent ignoramus that belongs in prison.
 
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All the leftist polls, like all the fake 2020 ballots, continue to favor Biden by astoundingly high numbers.
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sleeping-in-hammock[1].gif
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....For good reason!!!!
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