US jobs boom raises doubts about rate cuts

BBC ^ | 04/05/2024 | BBC

[Rowdyone]

Like I mentioned in a post two months ago we can’t trust government number from now to the election.

[linMcHlp]

MinorityRepublican:

Don't be surprised if Biden orders the fed to cut the rates while continuing massive deficits by the Federal Government.

Yes, because Biden's communists' interest is to replace:

 • Return on Investment

with

 • Reward on Inclusion

[LegendHasIt]

Part time, AND mostly illegal aliens is what I heard or read somewhere...

Like that about 50,000 illegals that Tyson hired to pluck their chickens..

[unclebankster]

Employment numbers will be good for the next decade, with a huge global “die off” that it is inevitable because of demographics. Any company that wants to survive better get the labor, train the labor, and quit bitching about the labor they have to deal with.

However, because of cheap money policies for 15 years and globalization policies(foreigner supremacy)over the last 40 years.

We have a lot of bloated fat that will need to be “worked off” in the North American economy. Most of it in current real estate valuation, which are currently ridiculous.

[MrRelevant]

Of course they were. Full time native jobs down, part time foreign jobs up. It a big scam. But ironically , in their quest to make the economy look good , they are actually prolonging the issues.

[napscoordinator]

I do believe the construction numbers are high. Just drove from. Orlando to Miami for a cruise and construction of roads and homes are everywhere.

[trebb]

And Yahoo had a story about the SAHM Rule being triggered in 20 States because of high unemployment - and signaling a active recession...

[EQAndyBuzz]

Eight million people were thrown off their health insurance plans. Five million were forced to sign up for Obamacare. Normal people would say that was a loss of three million people. Radicals would say five million people signed up for Obamacare.

Same principle.