About That Fantastic Jobs Report … Full-time, Native Jobs Shrink, Part-time, Foreign-born Jobs Rise On Year-over-Year Basis, Virtually No Manufacturing Jobs Added But 71k Government Jobs Added (Black Unemployment Increases)

Confounded Interest ^ | 04/05/2024 | Anthony B. Sanders

[Kaiser8408a]

To quote the song “Sloop John B”, “Let me go home, I wanna go home. This is the worst trip I’ve ever been on.” The lyrics should change to “This is the worst ADMINISTRATION I’ve ever experienced.

Now for the bad news.

For those wondering if the jobs were all part-time, the answer is a resounding yes: in March, full-time jobs dropped by 6,000 as Part-time jobs soared by 691,000.

On a year-over-year (YoY) basis, full-time jobs were down -1.0% while part-time jobs were up 7.1%

Native-born versus foreign born? On a YoY basis, native-born employment was down -0.5% while foreign-born employment increased by 4.2%.

Manufacturing jobs added were ZERO. So, much for all of Biden’s claims. But NON-PRODUCTIVE government jobs were up 71,000. So our manufacturing jobs are dead while non-productive government jobs are growing like crazy.

Under Biden, the Administrative state is growing faster than manufacturing since Feb 2023.

How will The Fed respond? Likely will lead to limited rate cuts.

On related news, horse-faced John Kerry’s daughter says BILLIONS of Humans Must Die for the ‘New World Order’. This reminds me of China and Mao’s “Great Leap Forward” and the starvation of 45 million people.

[Telepathic Intruder]

71,000 new government jobs. And they’re all to spy on you, suck up your tax dollars, and bring us closer to fascism.

[Jane Long]

Yep...I posted, recently, that rates would be cut, soon.

Then ... hold on ... for the housing crash.

Isn’t Bribenomics grand?

[Pollard]

Native-born versus foreign born? On a YoY basis, native-born employment was down -0.5% while foreign-born employment increased by 4.2%.

Manufacturing jobs added were ZERO. So, much for all of Biden’s claims. But NON-PRODUCTIVE government jobs were up 71,000.

We're soon to be run by foreigners, including some illegals.

[Uncle Miltie]

First ever headline that was understandable.

More like this.

[dynoman]

Wait for the revisions!

[Uncle Miltie]

Paragraphs 3-8 are your only cogent writing so far. Read them several times, and use as a template to drive home facts.

[Red Badger]

(Black Unemployment Increases)

Here, practically every retail store, restaurant and hotel has ‘Now Hiring’ signs on the door.

I doubt that many of those jobs require any skills in the use of a basketball, football or baseball, though......................

[sauropod]

.

[HandBasketHell]

The elites on the Lamestream news want us all to know that the economy is doing great on paper. It’s the peasant’s perception that’s all wrong. It might feel like we’re in a bad economy, but the figures don’t lie. /s

[kaktuskid]

Ask the soon to be unemployed clerks at the 99c Only stores. When even 99 cent stores can’t make money there are problems.

[minnesota_bound]

Most were part time jobs.

[bitt]

p

[SunkenCiv]

• California housing permitting collapses 45% from 2022 to 2023 [04/05/2024]
• Yellen calls for level playing field for US workers and firms during China visit [04/05/2024]
• Treasury yields pop after March job gains point to reaccelerating economy [04/05/2024]
• U.S. adds 303,000 jobs in March as unemployment rate dips [04/05/2024]
• California fast food workers stunned as restaurant closes without warning over $20 minimum wage: 'Only the beginning' [04/05/2024]
• Richard Branson's cruise line launches month-long cruise for remote workers [04/04/2024]
• Another Lousy Job Market Indicator: WARNs Are Soaring... And Challenger-Grey Announced That March Saw Most Job Cuts Since January 2023 [04/04/2024]
• Election 2024 Will Be an 'Abortion vs. Border' Battle That the GOP Needs to Learn How to Fight [04/04/2024]
• 99 Cents Only Stores to close all locations [04/04/2024]
• Gavin Newsom's Restaurant Offering Job at $ 16 Per Hour Despite New State Law of $ 20 Per Hour For Fast Food Workers [04/04/2024]
• Newsom restaurant offers workers less than new $20 wage hike, serves $5300 bottles and and entrees priced up to $67. [04/04/2024]
• MAGA Raises Questions As Ashley Biden Diary Thief Faces Prison [04/04/2024]
• Squatter clambers through window into house as outraged homeowner watches in horror - only for cops to tell couple man has the right to [04/04/2024]
• Feds say LA poultry company used child labor for risky jobs then hid its product [04/04/2024]
• Lemoore Foster's Freeze shuts down as CA minimum wage rises [04/04/2024]
• What's Wrong With the Economy? It's You, Not the Data [04/04/2024]
• It's time to declare a financial state of emergency: Putting the U.S. deficit numbers in a meaningful context [04/03/2024]

[GOPJ]

For those wondering if the jobs were all part-time, the answer is a resounding yes: in March, full-time jobs dropped by 6,000 as Part-time jobs soared by 691,000. On a year-over-year (YoY) basis, full-time jobs were down -1.0% while part-time jobs were up 7.1% Native-born versus foreign born? On a YoY basis, native-born employment was down -0.5% while foreign-born employment increased by 4.2%.

Manufacturing jobs added were ZERO.

>

Of course the MSM will lie by omission... so no one who watches MSNBC, NBC or ABC will get the truth...