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    All Forums | Politics

    Another shockingly good jobs report shows America’s economy under Biden admin is booming

    «First Previous 234 ... 131415 Next Last»
    fubah2
    cdog8043
    ABooksNightmare
    KellyM_1964
    Zeus4par
    ...
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    «First Previous 234 ... 131415 Next Last»
     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54105
    Posted: Feb. 2, 2024 - 3:31 PM ET #26

    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

    Reply

    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

     
    cdog8043
    cdog8043
    Captain
    Participation Meter
    Joined: Feb, 2007
    Posts: 9655
    Posted: Feb. 2, 2024 - 3:40 PM ET #27

    @THEMUGG

     No where do I see manufacturing :

    Private education and health services continued to drive job growth with 112,000 job gains. Health care and social assistance accounted for 100,400 of those, followed by professional and business services at 74,000 and retail trade at 45,200.

    The leisure and hospitality industry added a mere 11,000 jobs in January but registered its 36th consecutive month of job gains, BLS data shows. As of January, this critical service industry that was bludgeoned at the outset of the pandemic is a mere 0.4% (75,000 jobs) from reaching its February 2020 employment levels.

    During the recovery from the pandemic, leisure and hospitality and other services businesses have benefited from Americans’ strong desires to spend money on experiences.

    (FLUFF JOB HIRING)

    I can only imagine when that day will come
    Reply

    @THEMUGG

     No where do I see manufacturing :

    Private education and health services continued to drive job growth with 112,000 job gains. Health care and social assistance accounted for 100,400 of those, followed by professional and business services at 74,000 and retail trade at 45,200.

    The leisure and hospitality industry added a mere 11,000 jobs in January but registered its 36th consecutive month of job gains, BLS data shows. As of January, this critical service industry that was bludgeoned at the outset of the pandemic is a mere 0.4% (75,000 jobs) from reaching its February 2020 employment levels.

    During the recovery from the pandemic, leisure and hospitality and other services businesses have benefited from Americans’ strong desires to spend money on experiences.

    (FLUFF JOB HIRING)

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54105
    Posted: Feb. 2, 2024 - 3:46 PM ET #28

    Quote Originally Posted by fubah2:


    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

    Non-farm payrolls expanded by 353,000 for the month,
    much better than the Dow Jones estimate for 185,000, t
    he Labor Department’s Bureau of Labor Statistics reported Friday.

    an_light The unemployment rate held again at 3.7%,
    against the estimated rise to 3.8%.

    Reply

    Quote Originally Posted by fubah2:


    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

    Non-farm payrolls expanded by 353,000 for the month,
    much better than the Dow Jones estimate for 185,000, t
    he Labor Department’s Bureau of Labor Statistics reported Friday.

    an_light The unemployment rate held again at 3.7%,
    against the estimated rise to 3.8%.

     
    ABooksNightmare
    ABooksNightmare
    Hall of Fame
    Participation Meter
    Joined: Jul, 2004
    Posts: 26651
    Posted: Feb. 2, 2024 - 4:01 PM ET #29

    Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...

     

    So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages...

    COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
    Reply

    Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...

     

    So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages...

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54105
    Posted: Feb. 2, 2024 - 4:06 PM ET #30

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2:             February 2  NEW REPORTpoints to blockbuster U.S. job growth    as 2024 begins Biden's 4th year   MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         Expectations heading into this morning showed projections of about 185,000 new jobs having been added in the United States in January. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market managed to do much better than that! Job growth posted a surprise increase in January, demonstrating *AGAIN* that the U.S. labor market issolid and poised to support broader economic growth! Non-farm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held again at 3.7%, against the estimated rise to 3.8%.

    What’s more, while January’s jobs report showed
    employers adding 353,000 positions last month,
    we also learned that wage growth continued
    to outpace inflation!

                          an_cheers


    an_light And the jobless rate under the Biden administration
    has been below 4% for 24 consecutive months —
    a streak unseen in the US since the late 1960s!

    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2:             February 2  NEW REPORTpoints to blockbuster U.S. job growth    as 2024 begins Biden's 4th year   MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         Expectations heading into this morning showed projections of about 185,000 new jobs having been added in the United States in January. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market managed to do much better than that! Job growth posted a surprise increase in January, demonstrating *AGAIN* that the U.S. labor market issolid and poised to support broader economic growth! Non-farm payrolls expanded by 353,000 for the month, much better than the Dow Jones estimate for 185,000, the Labor Department’s Bureau of Labor Statistics reported Friday. The unemployment rate held again at 3.7%, against the estimated rise to 3.8%.

    What’s more, while January’s jobs report showed
    employers adding 353,000 positions last month,
    we also learned that wage growth continued
    to outpace inflation!

                          an_cheers


    an_light And the jobless rate under the Biden administration
    has been below 4% for 24 consecutive months —
    a streak unseen in the US since the late 1960s!

     
    KellyM_1964
    KellyM_1964
    MVP
    Participation Meter
    Joined: May, 2009
    Posts: 16793
    Posted: Feb. 2, 2024 - 5:03 PM ET #31

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2:             February 2  NEW REPORT points to blockbuster U.S. job growth as 2024 begins Biden's 4th year  

    MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         

               And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

          bidenomics !

    an_worship  

     

     

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2:             February 2  NEW REPORT points to blockbuster U.S. job growth as 2024 begins Biden's 4th year  

    MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         

               And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

          bidenomics !

    an_worship  

     

     

     
    Zeus4par
    Zeus4par
    Captain
    Participation Meter
    Joined: Jul, 2021
    Posts: 6070
    Posted: Feb. 2, 2024 - 7:14 PM ET #32

    While the leisure and hospitality industry added a mere 11,000 jobs in January, the critical service sector registered its 36th consecutive month of job gains. Post-pandemic, services businesses have benefited from Americans’ strong desires to spend money on experiences.

     

    Spending is the major driver of the economy!

    Reply

    While the leisure and hospitality industry added a mere 11,000 jobs in January, the critical service sector registered its 36th consecutive month of job gains. Post-pandemic, services businesses have benefited from Americans’ strong desires to spend money on experiences.

     

    Spending is the major driver of the economy!

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54105
    Posted: Feb. 2, 2024 - 9:27 PM ET #33

    Quote Originally Posted by fubah2:

    February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                     

        And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

    More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista)

     

    Reply

    Quote Originally Posted by fubah2:

    February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                     

        And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

    More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista)

     

     
    cdog8043
    cdog8043
    Captain
    Participation Meter
    Joined: Feb, 2007
    Posts: 9655
    Posted: Feb. 2, 2024 - 9:38 PM ET #34

    @Zeus4par

     Yeah, credit card spending - As households struggle to cope with higher costs on gas, groceries and everything in between, it’s no surprise that credit card balances have soared,

    I can only imagine when that day will come
    Reply

    @Zeus4par

     Yeah, credit card spending - As households struggle to cope with higher costs on gas, groceries and everything in between, it’s no surprise that credit card balances have soared,

     
    KellyM_1964
    KellyM_1964
    MVP
    Participation Meter
    Joined: May, 2009
    Posts: 16793
    Posted: Feb. 2, 2024 - 9:41 PM ET #35

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                          And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista)
      totally unprecedented !  best numbers in the history of the USA  an_cheers

     

     

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                          And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista)
      totally unprecedented !  best numbers in the history of the USA  an_cheers

     

     

     
    Barbarossa
    Barbarossa
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    Joined: Aug, 2009
    Posts: 279999
    Posted: Feb. 2, 2024 - 9:58 PM ET #36

    Welcome to the First Friday of the Month....and time for the Monthly Jobs Report nonsense

     

    Headlines: "US Adds a Staggering 353,000 Jobs in January!" "Bidenomics is working!"

     

     

    Just a quick swing through the report.... 353k New Jobs...fact check = true.

     

    However :

     

    36k are Govt Jobs. Yep about 10% 30k are Social Assistance Jobs,(Govt Funded). 8%

    So 18% are Taxpayer funded jobs.

     

    211k are Part Time Jobs for "Economic Reasons". 60% of the total jobs added were People getting PT Jobs

    Just the first swing through the report shows 277,000 of the jobs added were Govt Paid for and/or people getting PT Jobs.

     They can spin the numbers however they want, but we all see the economy every day and can see these numbers they keep sending us are misleading.

     

    Daily Job Cuts , constantly updated , here 

     

    www.dailyjobcuts.com

     

    #Bidenomics lie

     

     

     

     

     

     

     

     

    The Pastor of Disaster
    Reply

    Welcome to the First Friday of the Month....and time for the Monthly Jobs Report nonsense

     

    Headlines: "US Adds a Staggering 353,000 Jobs in January!" "Bidenomics is working!"

     

     

    Just a quick swing through the report.... 353k New Jobs...fact check = true.

     

    However :

     

    36k are Govt Jobs. Yep about 10% 30k are Social Assistance Jobs,(Govt Funded). 8%

    So 18% are Taxpayer funded jobs.

     

    211k are Part Time Jobs for "Economic Reasons". 60% of the total jobs added were People getting PT Jobs

    Just the first swing through the report shows 277,000 of the jobs added were Govt Paid for and/or people getting PT Jobs.

     They can spin the numbers however they want, but we all see the economy every day and can see these numbers they keep sending us are misleading.

     

    Daily Job Cuts , constantly updated , here 

     

    www.dailyjobcuts.com

     

    #Bidenomics lie

     

     

     

     

     

     

     

     

     
    fubah2
    fubah2
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    Posted: Feb. 2, 2024 - 10:02 PM ET #37

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                          And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista) 

    totally unprecedented !  best numbers in the history of the USA

    Undeniably!  thumbs_up

    Reply

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                          And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! More specifically, between a low of 3.4% and high of just 3.8% for 2 full years (seasonally adjusted, according to Statista) 

    totally unprecedented !  best numbers in the history of the USA

    Undeniably!  thumbs_up

     
    spockgato
    spockgato
    Banned
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    Posts: 15326
    Posted: Feb. 2, 2024 - 10:12 PM ET #38

    Do the correct thing and show yourself that you are truly not partisan , and that it’s not all just talk , by putting your money where your mouth is , and getting into some of those same spirited conversations and discussions that you’re famous for with the people here in this thread that deserve it .

    It’s there to be had . My goodness . Just once . You’ll feel better peace_5

     

     

     

     

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Do the correct thing and show yourself that you are truly not partisan , and that it’s not all just talk , by putting your money where your mouth is , and getting into some of those same spirited conversations and discussions that you’re famous for with the people here in this thread that deserve it .

    It’s there to be had . My goodness . Just once . You’ll feel better peace_5

     

     

     

     

     
    fubah2
    fubah2
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    Posted: Feb. 2, 2024 - 10:20 PM ET #39

    Quote Originally Posted by fubah2:

    February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                     

     

        And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

    cont . . .

    Also note, the jobs report that comes every year
    in early February is especially notable because it
    includes revisions for all of the previous year.
    With this in mind, we now know that 3.05 million jobs
    were created in 2023 — well above the previous 2.7 million estimate.an_2drinks

    Reply

    Quote Originally Posted by fubah2:

    February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                     

     

        And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s!

    cont . . .

    Also note, the jobs report that comes every year
    in early February is especially notable because it
    includes revisions for all of the previous year.
    With this in mind, we now know that 3.05 million jobs
    were created in 2023 — well above the previous 2.7 million estimate.an_2drinks

     
    cdog8043
    cdog8043
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    Joined: Feb, 2007
    Posts: 9655
    Posted: Feb. 2, 2024 - 10:43 PM ET #40

    @spockgato

     Bold Bold Bold numbers and letters and LARGE LARGE FONTS

    I can only imagine when that day will come
    Reply

    @spockgato

     Bold Bold Bold numbers and letters and LARGE LARGE FONTS

     
    cdog8043
    cdog8043
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    Posts: 9655
    Posted: Feb. 2, 2024 - 10:47 PM ET #41

    @cdog8043

     The U.S. national debt is climbing at an astronomical pace and has shown no signs of slowing down despite the heightened scrutiny on government spending.

    The national debt — which measures what the U.S. owes its creditors — dropped to $34,155,015,629,668.67 trillion as of Thursday afternoon, according to the latest numbers published by the Treasury Department. That is down about $36 billion from the $34,191,150,402,393.64 figure reported the previous day.

    "America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next generation," said Michael Peterson, the CEO of the Peter G. Peterson Foundation that advocates for reducing the federal deficit. "This is not the future any of us want, and it’s no way to run a great nation like ours."

    The spike in the national debt follows a burst of spending by  and Democratic lawmakers. 

    As of September 2022, Biden had already approved roughly $4.8 trillion in borrowing, including $1.85 trillion for a COVID relief measure dubbed the American Rescue Plan and $370 billion for the bipartisan infrastructure bill, according to the Committee for a Responsible Federal Budget (CRFB), a group that advocates for reducing the deficit.

    I can only imagine when that day will come
    Reply

    @cdog8043

     The U.S. national debt is climbing at an astronomical pace and has shown no signs of slowing down despite the heightened scrutiny on government spending.

    The national debt — which measures what the U.S. owes its creditors — dropped to $34,155,015,629,668.67 trillion as of Thursday afternoon, according to the latest numbers published by the Treasury Department. That is down about $36 billion from the $34,191,150,402,393.64 figure reported the previous day.

    "America’s fiscal outlook is more dangerous and daunting than ever, threatening our economy and the next generation," said Michael Peterson, the CEO of the Peter G. Peterson Foundation that advocates for reducing the federal deficit. "This is not the future any of us want, and it’s no way to run a great nation like ours."

    The spike in the national debt follows a burst of spending by  and Democratic lawmakers. 

    As of September 2022, Biden had already approved roughly $4.8 trillion in borrowing, including $1.85 trillion for a COVID relief measure dubbed the American Rescue Plan and $370 billion for the bipartisan infrastructure bill, according to the Committee for a Responsible Federal Budget (CRFB), a group that advocates for reducing the deficit.

     
    cdog8043
    cdog8043
    Captain
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    Joined: Feb, 2007
    Posts: 9655
    Posted: Feb. 2, 2024 - 10:50 PM ET #42

    @cdog8043

     Home equity borrowing is at an all-time high. Borrowing from 401ks are at an all-time high. Because of Democrats insane spending interest rates are at a 25-year high and have added 80% to mortgage payments. The average credit card interest rate is 28%. Car loans are in an all-time high.

    I can only imagine when that day will come
    Reply

    @cdog8043

     Home equity borrowing is at an all-time high. Borrowing from 401ks are at an all-time high. Because of Democrats insane spending interest rates are at a 25-year high and have added 80% to mortgage payments. The average credit card interest rate is 28%. Car loans are in an all-time high.

     
    Sidehatch
    Sidehatch
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    Participation Meter
    Joined: Jan, 2010
    Posts: 3247
    Posted: Feb. 2, 2024 - 10:51 PM ET #43

    Quote Originally Posted by ABooksNightmare:

    Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...   So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages...

    Dude, staffing agencies do not employ a majority of American workers. 

    Not all staffing/temp agencies are trash, some are great! But so so many are fly by night operations, with some run by organized crime rings who intentionally run them into the ground every 2-3 years only to resurface elsewhere. 

    To pretend staffing agencies are representative of the entire labor market is ludicrous. 

    Reply

    Quote Originally Posted by ABooksNightmare:

    Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...   So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages...

    Dude, staffing agencies do not employ a majority of American workers. 

    Not all staffing/temp agencies are trash, some are great! But so so many are fly by night operations, with some run by organized crime rings who intentionally run them into the ground every 2-3 years only to resurface elsewhere. 

    To pretend staffing agencies are representative of the entire labor market is ludicrous. 

     
    Sidehatch
    Sidehatch
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    Participation Meter
    Joined: Jan, 2010
    Posts: 3247
    Posted: Feb. 2, 2024 - 10:54 PM ET #44

    Quote Originally Posted by cdog8043:

    @cdog8043  Home equity borrowing is at an all-time high. Borrowing from 401ks are at an all-time high. Because of Democrats insane spending interest rates are at a 25-year high and have added 80% to mortgage payments. The average credit card interest rate is 28%. Car loans are in an all-time high.

    Lol, no it isn’t. Go here and look at the five year chart.

    https://ycharts.com/indicators/us_home_equity_loan_debt#:~:text=Basic%20Info-,US%20Home%20Equity%20Loan%20Debt%20is%20at%20a%20current%20level,8.39%25%20from%20one%20year%20ago.

     

    Home equity loans were far higher years ago before Biden was president. 

    Reply

    Quote Originally Posted by cdog8043:

    @cdog8043  Home equity borrowing is at an all-time high. Borrowing from 401ks are at an all-time high. Because of Democrats insane spending interest rates are at a 25-year high and have added 80% to mortgage payments. The average credit card interest rate is 28%. Car loans are in an all-time high.

    Lol, no it isn’t. Go here and look at the five year chart.

    https://ycharts.com/indicators/us_home_equity_loan_debt#:~:text=Basic%20Info-,US%20Home%20Equity%20Loan%20Debt%20is%20at%20a%20current%20level,8.39%25%20from%20one%20year%20ago.

     

    Home equity loans were far higher years ago before Biden was president. 

     
    KellyM_1964
    KellyM_1964
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    Joined: May, 2009
    Posts: 16793
    Posted: Feb. 2, 2024 - 11:35 PM ET #45

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                            And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! cont . . . Also note, the jobs report that comes every year in early February is especially notable because it includes revisions for all of the previous year. With this in mind, we now know that 3.05 million jobs were created in 2023 — well above the previous 2.7 million estimate.

    exceeding expectations !  

    an_cheers

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                            And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! cont . . . Also note, the jobs report that comes every year in early February is especially notable because it includes revisions for all of the previous year. With this in mind, we now know that 3.05 million jobs were created in 2023 — well above the previous 2.7 million estimate.

    exceeding expectations !  

    an_cheers

     
    Rush51
    Rush51
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    Joined: Jan, 2005
    Posts: 8841
    Posted: Feb. 3, 2024 - 12:28 AM ET #46

    Talk to us about those grocery prices,  that are up an astonishing 25% since the pandemic  ! an_speechless

    Reply

    Talk to us about those grocery prices,  that are up an astonishing 25% since the pandemic  ! an_speechless

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54105
    Posted: Feb. 3, 2024 - 12:57 AM ET #47

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                            And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! cont . . . Also note, the jobs report that comes every year in early February is especially notable because it includes revisions for all of the previous year. With this in mind, we now know that 3.05 million jobs were created in 2023 — well above the previous 2.7 million estimate. exceeding expectations !
    And by quite a bit too!   This will never sit well with the RICO mob boss though.  He wants America to fail!

    Reply

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: February 2  NEW REPORTpoints to blockbuster U.S. job growth as 2024 begins Biden's 4th year                            And the jobless rate under the Biden administration has been below 4% for 24 consecutive months — a streak unseen in the US since the late 1960s! cont . . . Also note, the jobs report that comes every year in early February is especially notable because it includes revisions for all of the previous year. With this in mind, we now know that 3.05 million jobs were created in 2023 — well above the previous 2.7 million estimate. exceeding expectations !
    And by quite a bit too!   This will never sit well with the RICO mob boss though.  He wants America to fail!

     
    fubah2
    fubah2
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    Posts: 54105
    Posted: Feb. 3, 2024 - 4:40 PM ET #48

    Quote Originally Posted by fubah2:


    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

    Let’s put the data in perspective.
    Over the course of the first three years of Trump’s
    failed presidency — when the Republican said the
    US’ economy was the greatest in the history of the planet
    — the economy created roughly 6.35 million jobs,
    spanning all of 2017, 2018 and 2019.

    According to the latest tally, the U.S. economy has
    created roughly 15.1 million jobs since January 2021
    — more than double Trump’s first 3 years.

    Reply

    Quote Originally Posted by fubah2:


    an_police            February 2  NEW REPORT
    points to blockbuster U.S. job growth
       as 2024 begins Biden's 4th year

     

     

    MSNBC -

    By every metric, the latest jobs report points to
    an incredibly strong U.S. job market!

                         win                  

    Expectations heading into this morning showed
    projections of about 185,000 new jobs having
    been added in the United States in January.

    As it turns out, according to the new report from
    the Bureau of Labor Statistics, the job market
    managed to do much better than that!

    an_light Job growth posted a surprise increase in January,
    demonstrating *AGAIN* that the U.S. labor market is
    solid and poised to support broader economic growth!

    Let’s put the data in perspective.
    Over the course of the first three years of Trump’s
    failed presidency — when the Republican said the
    US’ economy was the greatest in the history of the planet
    — the economy created roughly 6.35 million jobs,
    spanning all of 2017, 2018 and 2019.

    According to the latest tally, the U.S. economy has
    created roughly 15.1 million jobs since January 2021
    — more than double Trump’s first 3 years.

     
    Rush51
    Rush51
    Captain
    Participation Meter
    Joined: Jan, 2005
    Posts: 8841
    Posted: Feb. 3, 2024 - 5:01 PM ET #49

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2:             February 2  NEW REPORTpoints to blockbuster U.S. job growth    as 2024 begins Biden's 4th year     MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         Expectations heading into this morning showed projections of about 185,000 new jobs having been added in the United States in January. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market managed to do much better than that! Job growth posted a surprise increase in January, demonstrating *AGAIN* that the U.S. labor market issolid and poised to support broader economic growth! Let’s put the data in perspective. Over the course of the first three years of Trump’s failed presidency — when the Republican said the US’ economy was the greatest in the history of the planet — the economy created roughly 6.35 million jobs, spanning all of 2017, 2018 and 2019. According to the latest tally, the U.S. economy has created roughly 15.1 million jobs since January 2021 — more than double Trump’s first 3 years.

    How many of those ""created jobs"" were jobs earlier lost due to the pandemic. 

    Nothing like skewing the data, eh FUBAH ? 

    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2:             February 2  NEW REPORTpoints to blockbuster U.S. job growth    as 2024 begins Biden's 4th year     MSNBC - By every metric, the latest jobs report points to an incredibly strong U.S. job market!                                         Expectations heading into this morning showed projections of about 185,000 new jobs having been added in the United States in January. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market managed to do much better than that! Job growth posted a surprise increase in January, demonstrating *AGAIN* that the U.S. labor market issolid and poised to support broader economic growth! Let’s put the data in perspective. Over the course of the first three years of Trump’s failed presidency — when the Republican said the US’ economy was the greatest in the history of the planet — the economy created roughly 6.35 million jobs, spanning all of 2017, 2018 and 2019. According to the latest tally, the U.S. economy has created roughly 15.1 million jobs since January 2021 — more than double Trump’s first 3 years.

    How many of those ""created jobs"" were jobs earlier lost due to the pandemic. 

    Nothing like skewing the data, eh FUBAH ? 

     
     
    ABooksNightmare
    ABooksNightmare
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    Joined: Jul, 2004
    Posts: 26651
    Posted: Feb. 3, 2024 - 5:03 PM ET #50

    Quote Originally Posted by Sidehatch:

    Quote Originally Posted by ABooksNightmare: Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...   So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages... Dude, staffing agencies do not employ a majority of American workers.  Not all staffing/temp agencies are trash, some are great! But so so many are fly by night operations, with some run by organized crime rings who intentionally run them into the ground every 2-3 years only to resurface elsewhere.  To pretend staffing agencies are representative of the entire labor market is ludicrous.

    Go ahead and point out where I said that staffing agencies employ a majority of American workers like you are sayingan_popcorn

     

    This is why it's easy to pass judgement on someone like you because you instigate shit that isnt even there...some just call you out on it and some do not...

    We'll all wait to see what you come up with as to what I actually said versus what you said...you're an instigator dude...calling the kettle black an_roll_laugh

    COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
    Reply

    Quote Originally Posted by Sidehatch:

    Quote Originally Posted by ABooksNightmare: Those figures posted are related to the Staffing industry, as in Temporary Agencies....which quite frankly employ a vast majority of employees in the US...American Staffing Associations estimates that about 3 million employees work through a Staffing Agency every week and about 14.5 million per year will hire workers through contract labor...this is down from an estimated 16 million per year pre-pandemic...   So these figures are very relative to the market and I'm sure many in here are either working for a Staffing Agency now or did so in the past or know someone who is currently employed in that capacity....again though, all numbers are skewed but the relativity of Staffing Agencies in the work sector is extremely important...and the reason why most companies use these companies can vary but there are very distinct advantages... Dude, staffing agencies do not employ a majority of American workers.  Not all staffing/temp agencies are trash, some are great! But so so many are fly by night operations, with some run by organized crime rings who intentionally run them into the ground every 2-3 years only to resurface elsewhere.  To pretend staffing agencies are representative of the entire labor market is ludicrous.

    Go ahead and point out where I said that staffing agencies employ a majority of American workers like you are sayingan_popcorn

     

    This is why it's easy to pass judgement on someone like you because you instigate shit that isnt even there...some just call you out on it and some do not...

    We'll all wait to see what you come up with as to what I actually said versus what you said...you're an instigator dude...calling the kettle black an_roll_laugh

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