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Rick Santelli is famously a small government advocate, so it's not as though he's a Biden cheerleader. The jobs surge lessens dramatically the case for rate cuts, so it's not as though this is unalloyed good news for the administration.
1 posted on 02/02/2024 6:21:48 AM PST by Miami Rebel
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The other day I was joking on another thread where I said “they” would come up with 400,000 jobs. A few of us got a chuckle out of that.

I never expected them to actually come THAT close.

This is nuts.

All I hear about, anecdotally, is how everyone is “tightening.” Figures lie and liars figure, I guess.


40 posted on 02/02/2024 6:54:06 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Miami Rebel
You must have extremely short term memory, as just about every jobs claims made in this administration has later been corrected downwards later.

Job Numbers Have Been Revised Down for Every Month This Year (2023)

So, 12 straight months of lies, and you foolishly believe 2024 numbers are magically real now? SNDH

45 posted on 02/02/2024 6:57:55 AM PST by Robert DeLong
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To: Miami Rebel

Did Rick mention that they CORRECTED those reports to the tune of 500,000 fewer jobs, just in the last year.


46 posted on 02/02/2024 6:58:25 AM PST by G Larry (It's RACIST to impose SLAVE WAGES on LEGAL immigrants and minorities by importing ILLEGAL Laborers)
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To: Miami Rebel

Is it a Job Surge, or just another ‘playground of numbers’ for the Government agencies.

They rounded jobs down roughly 500,000 for last year, at the last second, on a friday, and quietly announced.

Every month under Biden and Obama it’s the same “Unexpectedly revised downward”, and every month it was the same “Unexpectedly revised upward” correction for the month before. It’s laughable.

The unemployment rate has meant nothing since Obama, 107 million Americans ages 18-65 aren’t looking for work and don’t count, and 60% of the illegals and greencard holders are unemployed, and don’t count either (say 40 million more).


47 posted on 02/02/2024 6:59:04 AM PST by Pete Dovgan
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To: Miami Rebel

Absolute BS... Ignore what you see, just believe what we tell you... Ministry of Truth lives.


49 posted on 02/02/2024 7:00:22 AM PST by HamiltonJay
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To: Miami Rebel

“The jobs surge”

High employment is a good thing but it can be because people take low paying jobs because they need the work badly.

I always wonder how much spending by individuals, companies and the government is being done with borrowed money.


53 posted on 02/02/2024 7:11:23 AM PST by cymbeline
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To: Miami Rebel

What were the adjustments for December and November?


59 posted on 02/02/2024 7:22:27 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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A Little Help Needed
62 posted on 02/02/2024 7:49:15 AM PST by deport
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To: Miami Rebel

When is the revision

The true number


63 posted on 02/02/2024 8:01:06 AM PST by joshua c
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To: Miami Rebel

MSM = White Wash Inc.

For selected party only


64 posted on 02/02/2024 8:04:01 AM PST by Vaduz
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To: Miami Rebel

Meanwhile 350,000 illegals walk in every month to collect welfare. These job reports mean nothing.


68 posted on 02/02/2024 8:17:38 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eye)
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To: Miami Rebel

It’s the Government’s metrics.


76 posted on 02/02/2024 11:16:03 AM PST by Rappini ("No man is entitled to the blessings of freedom unless he be vigilant in it's preservation" MacArthr)
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To: Miami Rebel

Don’t buy it. ADP only had 123,000 private jobs reported.

They will revise this down by 200k in a month.


77 posted on 02/02/2024 12:51:13 PM PST by LS
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To: Miami Rebel

Check the A9 report from BLS. As usual in this great economy, we lost full time jobs and gained part time jobs.


79 posted on 02/02/2024 4:10:56 PM PST by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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To: Miami Rebel
Rick Santelli, the "Paul Revere" of the Tea Pary Movement, is gushing over the jobs report that critics say is made up of government-created jobs and people taking two or three part-time jobs just to make ends meet with inflation?

THAT Rick Santelli?

-PJ

84 posted on 02/05/2024 6:42:30 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Miami Rebel
Total nonfarm payroll employment rose by 353,000 in January, and the unemployment rate remained at 3.7 percent.

Doesn't the unemployment rate only consider full time jobs?

85 posted on 02/06/2024 6:54:55 AM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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