[ChicagoConservative27]

This smells like BEEP. No way this is right.

[frogjerk]

How does this jive with all of the tech layoffs in the thousands?

[Tell It Right]

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

[eyeamok]

Labor participation rate is the lowest it has ever been, there are literally Help Wanted signs in every business, yep it’s booming...

[BookmanTheJanitor]

It will probably be “revised” after the State of the Union speech.

[George from New England]

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.

[bgill]

How many are part time with no benefits?

[ClearCase_guy]

“This is an unbelievably strong unemployment report"

I concur.

[Titus-Maximus]

Our government data has been suspect under the Biden communist regime.

[Kaiser8408a]

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.”

[iamgalt]

Total BS from the rat infested BLS.

[Revel]

Fake manipulated numbers as always. And the Hill is so giddy to report them. They were probably given advanced notice.

[cableguymn]

🐂 💩

You can smell it from here.

[elpadre]

and how many of these new jobs are government jobs????

[EQAndyBuzz]

Did the US “add” all those jobs, or did it backfill all the jobs lost during the shamdemic? This is like Obama adding 8 million people to Obamacare but 12 million people were thrown off their policies.

[cableguymn]

Looks like Adp paints a much different picture
https://www.cnbc.com/2023/01/05/adp-jobs-report-december-2022.html

[sport]

Bull Shit!

[Nicojones]

Remember a few months ago when they subsequently adjusted the numbers because they OVERSTATED jobs by 1 million? Same here. Here is a chart showing the nonfarm payroll numbers before and after “adjustment” by the FEDS.

https://mobile.twitter.com/EPBResearch/status/1621507080417861633/photo/1

Notice the difference? Biden is giving his speech next week and this is designed to give him the ammo to say things are great. Its all BULL! It will be adjusted downward afterwards, just like before.

[2harddrive]

The ONLY reason the unemployment rate dropped is because so many discouraged workers dropped out of the work force, and so are no longer counted.

[OafOfOffice]

https://adpemploymentreport.com/

107,000

[mewzilla]

It isn’t.

https://www.bls.gov/news.release/empsit.nr0.htm

The devil is in the details, eh?