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The sector is battling headwinds like climate change and immigration policies that affect labor dynamics, according to the report.

Obviously Trump's fault and Brandonomics is fixing all that.

1 posted on 02/01/2024 5:33:23 PM PST by Libloather
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To: Libloather

That should cause the stock markets to spike upward! :eyeroll:


2 posted on 02/01/2024 5:38:37 PM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: Libloather

This is really tiny - the labor market has 165 million jobs. Furthermore, these highly skilled workers will quickly find another job.


3 posted on 02/01/2024 5:41:43 PM PST by proxy_user
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To: Libloather

Trump stupidly claimed the stock market increases were his. He walked right into that one.
As Brad Sherman (D-CT) says, “We rolled them again!” Courtesy of the Stupid Party.


4 posted on 02/01/2024 5:43:15 PM PST by griswold3 (Truth, Beauty and Goodness. )
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To: Libloather

Ironclad proof Bidenomics is working as planned.


6 posted on 02/01/2024 5:44:20 PM PST by eyeamok
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To: Libloather

“The impact of rapidly advancing artificial intelligence adoption is beginning to be felt from a jobs perspective, particularly in media and tech, but truly across sectors,” Challenger said. “That said, companies are not outright blaming AI for many layoff decisions.”

‘Cuz if they DID, AI could EASILY snuff them out. ;)


7 posted on 02/01/2024 5:47:45 PM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Libloather

It’s not a recession.

We passed That with the Covid hoax. All you need to do is ride around any fair sized city and look at the homeless to understand what a democratic depression looks like.


10 posted on 02/01/2024 6:15:11 PM PST by fella ("As it was before Noah so shall it be again," )
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To: Libloather

The number is worse than this.


11 posted on 02/01/2024 6:24:47 PM PST by Zathras
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To: Libloather

Let’s hope Joek gets laid off this year.


12 posted on 02/01/2024 6:25:06 PM PST by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: Libloather

All these folks without jobs or income this year should be thankful Joe tamed inflation and made things affordable for you.


14 posted on 02/01/2024 6:34:36 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: Libloather

Sounds like the Creative Writing majors working at BLS will be called on to put on their best performance to make January results look good. Time to earn that paycheck, folks!


18 posted on 02/01/2024 6:46:17 PM PST by Bernard (We honor veterans who fought to keep this country from turning into what it now is. --Argus Hamilton)
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To: Libloather

Building back better, one Marxist at a time.


19 posted on 02/01/2024 8:06:20 PM PST by DoughtyOne (I pledge allegiance to the flag of the USofA & to the Constitutional REPUBLIC for which it stands.)
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To: Libloather

It’s called Creative Destruction and it’s always been part of the cycle.


20 posted on 02/01/2024 8:28:29 PM PST by SaxxonWoods (Are you ready for Black Lives MAGA? It's coming.)
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To: Libloather

But our good friends a Faux news say Crime Boss Joey is leading President Trump and woman are backing Joey.
PS WOMEN are probably losing their jobs as well.
Also another “TELL” Faux must be using Peter Doocy to spew there bull shiite under threat of Steve Doocy pink slip.


22 posted on 02/02/2024 3:43:33 AM PST by jmaroneps37 (Freedom is never free. It must be won rewon and jealously guarded.)
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To: Libloather
a strategic shift towards increased automation and AI adoption in various sectors

Learn to prompt.

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23 posted on 02/02/2024 3:52:46 AM PST by Sirius Lee (Next week on The Bickersons... )
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To: Libloather

Deep State’s annihilation of the middle class is progressing apace...


24 posted on 02/02/2024 4:08:38 AM PST by mewzilla (Never give up; never surrender!)
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To: Libloather

Is it a recession yet?


25 posted on 02/02/2024 5:21:59 AM PST by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: Libloather

US Bureau of Labor Statistics

Employment Situation Summary

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

Establishment Survey Data

Total nonfarm payroll employment rose by 353,000 in January, similar to the gain
of 333,000 in December. Payroll employment increased by an average of 255,000
per month in 2023. In January, job gains occurred in professional and business
services, health care, retail trade, and social assistance. Employment declined
in the mining, quarrying, and oil and gas extraction industry. (See table B-1.
See the note at the end of this news release and table A for more information about
the annual benchmark process.)

Professional and business services added 74,000 jobs in January, considerably
higher than the average monthly increase of 14,000 jobs in 2023. Over the
month, professional, scientific, and technical services added 42,000 jobs.
Employment in temporary help services changed little over the month (+4,000)
but is down by 408,000 since reaching a peak in March 2022.

In January, employment in health care rose by 70,000, with gains in ambulatory
health care services (+33,000), hospitals (+20,000), and nursing and residential
care facilities (+17,000). Job growth in health care averaged 58,000 per month
in 2023.

Retail trade employment increased by 45,000 in January but has shown little net
growth since early 2023. Over the month, general merchandise retailers added
24,000 jobs, while electronics and appliance retailers lost 3,000 jobs.

Employment in social assistance rose by 30,000 in January, reflecting continued
growth in individual and family services (+22,000). Employment in social
assistance grew by an average of 23,000 per month in 2023.

Employment in manufacturing edged up in January (+23,000), with job gains in
chemical manufacturing (+7,000) and printing and related support activities
(+5,000). Manufacturing experienced little net job growth in 2023.

Government employment continued to trend up in January (+36,000), below the
average monthly gain of 57,000 in 2023. A job gain occurred in federal
government (+11,000), and employment continued to trend up in local government,
excluding education (+19,000).

In January, employment in information continued its upward trend (+15,000).
Employment in motion picture and sound recording industries increased by
12,000, while employment in telecommunications decreased by 3,000. Overall,
employment in the information industry is down by 76,000 since a recent peak
in November 2022.

Employment in the mining, quarrying, and oil and gas extraction industry
declined by 5,000 in January, following little net change in 2023. Over the
month, a job loss in support activities for mining (-7,000) was partially
offset by a job gain in oil and gas extraction (+2,000).

Employment showed little change over the month in other major industries,
including construction, wholesale trade, transportation and warehousing,
financial activities, leisure and hospitality, and other services.

In January, average hourly earnings for all employees on private nonfarm
payrolls rose by 19 cents, or 0.6 percent, to $34.55. Over the past 12 months,
average hourly earnings have increased by 4.5 percent. In January, average
hourly earnings of private-sector production and nonsupervisory employees rose
by 13 cents, or 0.4 percent, to $29.66. (See tables B-3 and B-8.)

The average workweek for all employees on private nonfarm payrolls decreased by
0.2 hour to 34.1 hours in January and is down by 0.5 hour over the year. In
manufacturing, the average workweek was unchanged at 39.8 hours, and overtime
edged down by 0.1 hour to 2.7 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls decreased by 0.2 hour to
33.5 hours. (See tables B-2 and B-7.)

.....


26 posted on 02/02/2024 6:16:43 AM PST by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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