There was some good news on the inflation side, as average hourly earnings rose 4.6% from a year ago, below the estimate for 4.8%. The monthly increase of 0.2% also was below the 0.4% estimate.
Information-related jobs declined 25,000, while transportation and warehousing lost 22,000 jobs for the month. Over the past year, the central bank has raised its benchmark interest rate eight times, taking the federal funds rate to a range of 4.5%-4.75%.
sandsun4me And you actually believe this.
Seniors were forced to go back to work
BS! People back to work is NOT jobs growth! Labor Participation rate = 62.5%, still not higher than pre-COVID19 With today’s number, unemployment went up, why, number can be manipulated. People aren’t looking, exhausted UE benefits. $SVIB dissolved today! WSJ CNBC
And list 215,000 last month
That’s not good news… usually it is but not when the fed is trying to increase unemployment numbers. Just means more internet rate hikes… they’ve got to increase unemployment to lower inflation
😂😂😂😂😂😂😂😂
Joe gets it done
Explain this in context.
Mostly part time with minimum hours
That is not what that number means NIT EVEN CLOSE
Its really remarkable how the 'experts' are constantly wrong month after month. I'm thinking their 'pulse' on the country is really inaccurate. What else are they getting wrong?
Happy talk🙈🙈🙈 Breaking News: Silicon Valley Bank has been closed! Notice all these big corporations laying off in tandem? Transitory Yellen is out of control, Biden touting his plan is working, and people still believing this nonsense: it is amazing!
Make sure you thank Texas and Florida. Top 5 states are red/purple. Bottom 5 states are 4 blue and 1 red.
So why do i see on linkedin so many people torturing themselves sending out hundreds of apps?
any news outlet that knowingly states false news should be brought up on charges. Russia Gate, Hunters laptop, now proven Covid treatments worked so why threaten Dr who said they worked, etc!
Keep it going! These GOP hacks are running scared! While they plot desperate revenge hearings, and a retribution tour with TrAmp, Biden is being presidential and representing the American people at home and on the world stage. He’s killing it! Stark contrast from the GOP!
Yet every company is laying people off You believe this... I have a bridge to sell u Everything from the Obama/Biden regime is a lie
U don't think the jobs are created I think people are leaving work and it opens up jobs
This is because people are having to work 2 jobs to make it !
Look yall, I hate to break it to yall but something ain't adding up. We see massive layoffs daily, feds hiking interest rates, inflation through the roof.... but somehow jobs keep getting added?!?! While the unemployment number went up?!?!
Unemployment is 3.6% up from 3.4%.
Doesn't. matter if wages can't keep up with Bidenflation.
We still haven't recouped the 25M jobs lost yet...so it's false growth...when will you start reporting on the jobs deficit and not claiming growth?
Infrastructure bill. Biden is winning.
The jobs reports cannot be true in the way they are being reported. Any economist knows this. When is someone going to stand up and tell the truth about this economy ⁉️⁉️⁉️
Wow! “Brandon” is going to have to slow down! 😉
Doesn't mean Biden deserves reelected.
No one gives a damn