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US adds stunning 517K jobs to start 2023
The Hill ^
| 02-03-2023
| TOBIAS BURNS
Posted on 02/03/2023 7:29:09 AM PST by ChicagoConservative27
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This smells like BEEP. No way this is right.
To: ChicagoConservative27
How does this jive with all of the tech layoffs in the thousands?
2
posted on
02/03/2023 7:30:47 AM PST
by
frogjerk
(More people have died trusting the government than not trusting the government.)
To: ChicagoConservative27
The effect is the stock market is down bigly today. The Federal Reserve is like Bizarrro making good news bad and bad news good. Good news (more people working) is perceived as increased chance of the Fed hiking rates more and QT'ing more.
In fact, the DXY is up 0.79% today. https://www.cnbc.com/quotes/.DXY
3
posted on
02/03/2023 7:33:37 AM PST
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: ChicagoConservative27
Labor participation rate is the lowest it has ever been, there are literally Help Wanted signs in every business, yep it’s booming...
4
posted on
02/03/2023 7:33:52 AM PST
by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: ChicagoConservative27
It will probably be “revised” after the State of the Union speech.
To: ChicagoConservative27
If you dig you will likely find ‘they moved the goalposts’ at the turn of the year into 2023.
Rules are constantly manipulated by the party in power to ‘produce the results’ they want.
To: ChicagoConservative27
How many are part time with no benefits?
7
posted on
02/03/2023 7:34:46 AM PST
by
bgill
To: ChicagoConservative27
“This is an unbelievably strong unemployment report" I concur.
8
posted on
02/03/2023 7:35:01 AM PST
by
ClearCase_guy
(“You want it one way, but it’s the other way”)
To: BookmanTheJanitor
Exactly...this is so the Pervert can announce it at SOTU
9
posted on
02/03/2023 7:35:50 AM PST
by
goodnesswins
(The Chinese are teaching calculus to their 3rd graders wh to sile ours are trying to pick a pronoun.)
To: ClearCase_guy
Truth is not a value of the Left ... and The Hill is just another Democrat/Communist Party promotion sheet.
10
posted on
02/03/2023 7:37:28 AM PST
by
glennaro
(Never give up ... never give in ... never surrender ... and enjoy every minute of doing so.)
To: frogjerk
None of the reporting on jobs ever discuss employment changes in terms of Full Time Equivalents (FTE). This allows for a lot of shenanigans by amoral scoundrels. who never allow an opportunity to muddy up the news to pass by.
And since the media regurgitation units don't really understand how stuff works outside the classroom, it all gets dutifully reported as crafted.
11
posted on
02/03/2023 7:37:33 AM PST
by
Bernard
(“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
To: ChicagoConservative27
Our government data has been suspect under the Biden communist regime.
12
posted on
02/03/2023 7:38:03 AM PST
by
Titus-Maximus
(The trouble with socialism is that you soon run out of other people's zoo animals to eat.)
To: ChicagoConservative27
I think the report is pure BS. BUT The Feds have been spending like drunken sailors (I am a Marine combat vet) so maybe this is a return on “investment.”
To: Titus-Maximus
It is just “island reporting”.
Fantasy Island
14
posted on
02/03/2023 7:42:20 AM PST
by
wrench
To: Tell It Right
What are you looking at? Markets look flat to slightly positive.
To: ChicagoConservative27
Total BS from the rat infested BLS.
16
posted on
02/03/2023 7:44:11 AM PST
by
iamgalt
To: Jonny7797
My bad. Earlier at about 9 AM central (10 AM NYSE time) the S&P 500 was down close to 1%.
17
posted on
02/03/2023 7:45:21 AM PST
by
Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
To: ChicagoConservative27
Fake manipulated numbers as always. And the Hill is so giddy to report them. They were probably given advanced notice.
18
posted on
02/03/2023 7:46:56 AM PST
by
Revel
To: iamgalt
....at first I thought this was yet another offering from the Babylon Bee, but then.....this PoS president and his corrupt administration deserve nothing less than our contempt....
To: ClearCase_guy
20
posted on
02/03/2023 7:51:10 AM PST
by
EEGator
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