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Massive jobs surprise: US economy added 528,000 jobs in July

Discussion in 'Current Events' started by bx4, Aug 5, 2022.

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  1. Zorro

    Zorro Well-Known Member

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    Well, the Establishment Survey, which counts JOBS says that we have gained 1,680 thousand jobs since March, BUT, the Household survey which counts employed persons says we have LOST 168 thousand jobs since March:

    [​IMG]​

    Something snapped in the job market in March.

    [​IMG]
    ​
    These lines will eventually converge. Voters know the truth of their circumstances.
     
    Zorro, Aug 5, 2022
    #26
  2. ShadowX

    ShadowX Well-Known Member

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    Except the participation rate went DOWN.
     
    ShadowX, Aug 5, 2022
    #27
  3. bx4

    bx4 Well-Known Member

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    Always looking to criticize America. Nice.
     
    Last edited: Aug 5, 2022
    bx4, Aug 5, 2022
    #28
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  4. dixon76710

    dixon76710 Well-Known Member

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    Well, only because it includes the adding back of all the jobs lost from COVID government shutdowns. We are almost back to the # of jobs before COVID. AND EVEN WITH this unprecedented adding back of jobs lost, Real GDP growth is still negative for 2 quarters.
     
    dixon76710, Aug 5, 2022
    #29
  5. dixon76710

    dixon76710 Well-Known Member

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    Well, the downturn in real GDP is in its 6 month.
     
    dixon76710, Aug 5, 2022
    #30
  6. doombug

    doombug Well-Known Member

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    Yeah, now everyone can get two or three jobs in order to buy gas.....hahaha!

    Biden and the democrats have wrecked the economy. A fluke month of jobs numbers is meaningless when a recession is beginning.
     
    doombug, Aug 5, 2022
    #31
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  7. doombug

    doombug Well-Known Member

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    Sure the recession will be 4 months then full fledged depression will kick in. The Democrat's cooked jobs numbers are meaningless.
     
    doombug, Aug 5, 2022
    #32
  8. Irrational thinker

    Irrational thinker Well-Known Member

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    If Biden said he has nothing to do with unemployment and inflation, why should he deserve credit? Should he credit Putin instead?
     
    Irrational thinker, Aug 5, 2022
    #33
  9. Irrational thinker

    Irrational thinker Well-Known Member

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    They will go back and blame Trump and Putin.
     
    Irrational thinker, Aug 5, 2022
    #34
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  10. Zorro

    Zorro Well-Known Member

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    Americans $25B deeper in consumer debt just since January.

    [​IMG]​

    The tax refunds helped briefly, but then the pain instantly returned.
     
    Last edited: Aug 5, 2022
    Zorro, Aug 5, 2022
    #35
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  11. doombug

    doombug Well-Known Member

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    Great find! How long before folks get tired of working 2 jobs?
     
    doombug, Aug 5, 2022
    #36
  12. Zorro

    Zorro Well-Known Member

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    I'm sure they are tired of it now. Biden and the Dems inflation costs the average family $500/mo more for the same things they were buying before, if you don't want to run up the credit cards, you have to get more work.
     
    Zorro, Aug 5, 2022
    #37
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  13. mudman

    mudman Well-Known Member

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    Last edited: Aug 5, 2022
    mudman, Aug 5, 2022
    #38
  14. Arkanis

    Arkanis Well-Known Member

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    I'm glad to see you on this thread.

    You who claimed that the unemployment rate would rise.

    512.000 jobs in one month, that must not fit with your economic theories.
     
    Arkanis, Aug 5, 2022
    #39
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  15. The Ant

    The Ant Well-Known Member

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    “Many lefties on video” was your boast…….you’ve produced ONE! And look at the one you’ve produced….a dope-crazed, so-called comic who is laughed AT more than WITH…by both sides of politics…!

    Failed argument….
     
    The Ant, Aug 5, 2022
    #40
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  16. Surfer Joe

    Surfer Joe Well-Known Member Past Donor

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    Lol… better than carrying water for an orange seditious traitor.
     
    Surfer Joe, Aug 6, 2022
    #41
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  17. The Ant

    The Ant Well-Known Member

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    Oh dear….someone’s lack of evidence has them peeved I think…
     
    The Ant, Aug 6, 2022
    #42
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  18. doombug

    doombug Well-Known Member

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    Meh, the fat lady has not sang yet. She will. But right now Americans can get 2 jobs in order to buy groceries and gas.
     
    doombug, Aug 6, 2022
    #43
  19. flyboy56

    flyboy56 Well-Known Member Past Donor

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    Think it's great people are finding work but it's a two edge sword meaning more money being spent will only add to inflation. What causes inflation is not rocket science.
     
    flyboy56, Aug 6, 2022
    #44
  20. bx4

    bx4 Well-Known Member

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    It’s amazing how many people take this good news and try to find a way to make it seem bad.
     
    bx4, Aug 6, 2022
    #45
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  21. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Yep, they are quite sore when ANY positive economic news is revealed. They've literally bought into the MAGA propaganda that Trump is the ONLY one who can make their lives better. It's quite interesting, considering that the traditional conservative attitude was that if you want to improve your life, you have to better yourself by working harder. Instead, Trump has convinced them that he can make them rich without them lifting a finger. Something for nothing, as if that has ever worked.
     
    Quantum Nerd, Aug 6, 2022
    #46
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  22. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    That's a good jobs report, and yes fuel prices are falling. Now, if we could curb the inflation we might just get out of thus recession.
     
    jcarlilesiu, Aug 6, 2022
    #47
  23. WalterSobchak

    WalterSobchak Well-Known Member

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    Not being a Trump supporting rightist puts that posters knowledge far superior to a trumpist.
     
    WalterSobchak, Aug 6, 2022
    #48
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  24. WalterSobchak

    WalterSobchak Well-Known Member

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    It's called personal responsibility. You know, something cons used to support. Now yall want big government to make your lives easier for you.
     
    WalterSobchak, Aug 6, 2022
    #49
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  25. Quantum Nerd

    Quantum Nerd Well-Known Member

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    How are you going to curb inflation? You know, the money that has been printed in the last decades under EVERY president can't be unprinted. The ONLY tool is for the Fed to raise interest rates. Doing this without causing a recession is the trick. If they can pull it off is anyone's guess.
     
    Quantum Nerd, Aug 6, 2022
    #50
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