The U.S. created 911,000 fewer jobs than previously thought in the 12 months through March

15 comments

1. That feeling, ealizing that 51% of the jobs reported during the last year of the Biden administration never actually existed…

2. Why is this bad news for gold?

3. Cheaper eggs confirmed. /s

4. Funny how they targeted 2024, Biden’s last year, when the new BLS guy is in, the one put in by trump. Hmmmm

5. There were virtually no jobs created under Biden in his last year as president. All of the economic success he touted during the election was completely manufactured. This is the biggest scandal in the history of the BLS, and there’s no close second.

   No question, the Fed should have cut in February, probably even sooner.

6. 

7. 1) No one can trust this admin

   2) Trying to make Biden look bad

   3) Trying to convince the Feds to lower rates

8. Aren’t you 2 days early to post numbers like that?

   

9. Bogus jobs reports in 2024. Just seems like so much manipulation before election. So much politics. Even the fed cuts rates by 500 basis points in September 2024 to support election. Bond traders didn’t buy the hype and the long term rate rose. Now long term rate is at 4% for 10 years, overnight rate is at 4.5% because fed governors don’t like trump. Just get the data and do the best for all Americans, no politics.

10. People complain when prices rise, people complain when they fall.

    I’ve been tracking my estimated home value via Zillow and Redfin the past five months, and it has been falling for five months straight.

    The reason is, there has been a huge spike in inventory since spring. Demand is still high, there’s just a lot more sellers.

    Lower house prices are a good thing for a lot of people. It’s only bad for someone who is selling with no plans to buy. For someone selling with plans to buy, it’s a wash.

    Also, who the fuck wants to live in Oakland? Most likely people are selling to get out of that crime ridden city.

11. LOL another jobs reporter is going to get fired for the 2nd time

12. I just want to point out that when we are assessing economic performance, it’s important to factor in several indicators – not just one:

    Inflation

    Employment

    Interest rates

    Currency value

    Trade surplus/defecit

    National debt

    Government spending

    Cost of living

    Healthcare access

    Housing costs

    Education

13. What is the purpose of monthly job report numbers if they’re revised up or down by a lot almost every single time. I know the new head of the BLS is talking about quarterly job reports. Heck maybe we should do it every 6 months.

14. The Free People of the United States of America will pay a lott more caused by the indirect consequences on the community health bill and international punishment of carbon release calculations incorperated into their import taxes. This is just the tip of the Trump family fraud. Feeling great again MAGA fascists?

15. Hit the fucking streets. This is bullshit. Clog up every major artery supplying the assholes. This shit is done. If we don’t mass they will launch us into pure fascism. Stop sitting on your hands. It’s time to gather in the fucking streets and hold every block we occupy. 

    Occupy!

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