February jobs report: Payrolls rise by 678,000 as unemployment rate falls to 3.8%

Pretty good. Too bad the Ukraine situation is making things worse in other ways.



February jobs report: Payrolls rise by 678,000 as unemployment rate falls to 3.8%
https://finance.yahoo.com/news/febr...or-department-unemployment-usa-200943212.html

• Non-farm payrolls: +678,000 vs. +423,000 expected and an upwardly revised +481,000 in January
  
  
• Unemployment rate: 3.8% vs. 3.9% expected, 4.0% in January
  
  
• Average hourly earnings, month-over-month: 0.0% vs. 0.5% expected and a downwardly revised 0.6% in January
  
  
• Average hourly earnings, year-over-year: 5.1% vs. 5.8% expected and a downwardly revised 5.5% in January
  

 

Current price for a barrel of oil $111.
Last inflation marker 7.5% up from 1.4 same time last year next report 3/10/22

People exhausting UE benefits and returning to work.

2008 $140 dollar a barrel fueled economic crash.

Yup the DNC is in charge again, and the feel good propaganda their party love so is large and in charge..

 

And yet we're still a couple million short on people with jobs compared to 2019. Unfortunately, it's going to take a while to get back to the 2019 full employment, unemployment numbers don't mean squat because they don't account for those that aren't recently unemployed.

 

They rarely do the partisan mind, unless you can credit your own party.

The numbers are what they are regardless of party. 678,000 gain is good news no matter how you spin it.

 

We have over 11 MILLION jobs waiting to be filled and no applicants.

 

Well they are adding half a million or so every month, so the jobs are filled.

 

While the Worst President Ever Donnie inherited the Obama economic recovery, Good Ole Joe Biden inherited the economic disasters of the corporate welfare queen and grifter, Donnie Trump.
Donald Trump's many failures
1. Trump Airlines
2. Trump beverages
3. Trump: The Game
4. Trump casinos
5. Trump magazine
7. Trump Steaks
8. Trump’s travel site
9. Trump’s comms company
10. Trump Tower Tampa
11. Trump University
12. Trump Vodka

And now we can add his presidency. Crooked Donnie's presidency ended leaving the country in worst economic shape than the one he inherited. Thanks to Biden, the economic shape of the country has improved. Now the country is waiting for the private sector to get its act together to finally meet the increased demands for goods and services in order to control inflation.

 

Thanks to Biden? What did he do, how did he do it?

 

So all of a sudden 11 million people vanished It takes a real true believer to accept that 11 million new jobs were created under ByDumb

 

Where? What sort of jobs? Surely you should be able to list all this NEW JOB, come on strut your Presidents accomplishments!

 

They weren’t in the oil and gas industry.

 

Some must have been since they are ramping up domestic production as fast as they can. Its very profitable right now, and it DOES revolve around profitability.

 

Well, this needs to translate into EITHER lower gas prices or a more stable Stock Market, or both.... soon...

But any positive economic news welcome....

It certainly won't matter to the book burning set...

 

Some good news. Entrepreneurs are kicking some butt. Its too bad that the increasing in earnings is still a net loss for workers. Maybe inflation is forcing people to get back to work.

 

Most are just fake facts

1. People getting their jobs back, is not new job creation. Its just people going back to work after Democrats destroyed the economy for a virus
2. When you remove the millions who quit looking for jobs because they aren't looking for jobs, it amazing how you can spin an unemployment number.
Which is why thats only sellable to the left. Obama did it and Joe fell right into the mix. Fake numbers.
3. When you throw on the price of oil, and the inflation numbers, it all collapses under its own weight.

Democrats dumb idea about their green new deal, shut down our own oil production, so we could claim to be environment friendly, just to buy foreign oil was about the dumbest thing we have all seen yet. But leave it to Biden to keep those Russian oil contracts coming while we help Russia finance their war on Ukraine.
The hypocrisy is staggering.

 

Thats a lot of it, that and no stimmy checks

 

This is good news.

 

Hell no they aint But we have our Presidents BFF to provide us with blood red crude

 

And sugar frosted bran flakes are good for you too lololol

 

It is pretty good, though we are still not back to February 2020 employment stats, although getting close. The overall employment was a mixed bag with some things not improving over the past couple of months, but the differences are not great. I appreciate your accuracy and detail in reporting.

 

Yep, Uncle Joe is going to handle the economy, squeeze Putin's ****s and the FED will have to deal with the COVID driven supply chain inflation issues. Is the Trump party still blocking the FED appointments?

 

One can start the ball rolling with Biden's American Rescue Plan Act and taking the COVID-19 crisis seriously unlike the worst president ever, Donnie Trump. Unlike the plutocratic socialist, Crooked Donnie, Biden understands that an economy is built from the bottom up, not the top down. Biden's plan is geared more towards working people and consumers, rather than just making the rich richer, which does little to move an economy forward.

 

You're not kidding. I have had a lot of trouble hiring here in Los Angeles. In addition to not being able to fill positions, current employees are given free time off for saying they were exposed to Covid. "So I stood next to someone who pet a dog of someone who had a friend with Covid."

It is getting better!

 

In the industrial sector of jobs, the wages are FINALLY starting to increase. I've been watching this for a long time, just in the last year they are starting to rise due to lack of workers. Industry is short on every level of worker, from floor sweepers to technicians. I'm doing what I can to improve it, but not enough young people are applying themselves. Hopefully enough will see the light soon. Shortage of workers is making the prices go up, as wage increases and production loss are costing the manufacturers more to make the goods.

 

You say this all the time even when proven wrong over and over. There's a definition for that.

And yet you will say Trump's numbers were all on the up and up

One thing has nothing to do with the other

Did it not ever occur to you that Green energy leaves us more oil produced here to be used here? Obviously not. You dodn't know what you're talking about.
There is no hypocrisy, only ignorance.