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U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

bornaneer

bornaneer

Senior
Jan 23, 2014
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Average hourly earnings increased 0.3% on the month, which was in line with forecasts, but the 12-month gain of 3.9% was below the outlook.
The December employment gain was entirely due to the Holiday season...just like it has been for years. The hourly earnings do not even keep up with inflation.
 
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moe

Sophomore
May 29, 2001
32,479
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bornaneer said:
Average hourly earnings increased 0.3% on the month, which was in line with forecasts, but the 12-month gain of 3.9% was below the outlook.
The December employment gain was entirely due to the Holiday season...just like it has been for years. The hourly earnings do not even keep up with inflation.
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PCE inflation at 1.9% and core inflation at 2.2% over the last 6 months.

Chicago Fed's Goolsbee breaks down the latest jobs report
 
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moe

Sophomore
May 29, 2001
32,479
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ThePunish-EER said:
77 million Americans agree
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Relax, those prices will be coming down soon. Trump said he would lower them. This is an issue that's important to voter and many said that's the reason they voted for him. Let's see how he does.

On the campaign trail, Trump vowed to lower food prices, saying at a rally on September 23, "Vote Trump and your incomes will soar. Your net worth will skyrocket. Your energy costs and grocery prices will come tumbling down." When talking about groceries in an interview last week, he said that he would "bring those prices way down."
Oops.

"I don't think so. Look, they got them up. I'd like to bring them down. It's hard to bring things down once they're up," he said. "You know, it's very hard. But I think that they will."

Yeah, he lied. Shocker.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
0
moe said:
Relax, those prices will be coming down soon. Trump said he would lower them. This is an issue that's important to voter and many said that's the reason they voted for him. Let's see how he does.

On the campaign trail, Trump vowed to lower food prices, saying at a rally on September 23, "Vote Trump and your incomes will soar. Your net worth will skyrocket. Your energy costs and grocery prices will come tumbling down." When talking about groceries in an interview last week, he said that he would "bring those prices way down."
Oops.

"I don't think so. Look, they got them up. I'd like to bring them down. It's hard to bring things down once they're up," he said. "You know, it's very hard. But I think that they will."

Yeah, he lied. Shocker.
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Windy, Relax and take a deep breath. All those prices came down as promised the last time he was in office. Don’t worry, with the economy expected to improve, you might finally even get a job.
 
G

Gunny46

Senior
Jul 2, 2018
50,269
604
113
moe said:
Relax, those prices will be coming down soon. Trump said he would lower them. This is an issue that's important to voter and many said that's the reason they voted for him. Let's see how he does.

On the campaign trail, Trump vowed to lower food prices, saying at a rally on September 23, "Vote Trump and your incomes will soar. Your net worth will skyrocket. Your energy costs and grocery prices will come tumbling down." When talking about groceries in an interview last week, he said that he would "bring those prices way down."
Oops.

"I don't think so. Look, they got them up. I'd like to bring them down. It's hard to bring things down once they're up," he said. "You know, it's very hard. But I think that they will."

Yeah, he lied. Shocker.
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It's going to take Trump 4 years and Vance 8 years to fix what Bush, Obama, and Biden have screwed up. Maybe you will get lucky and Trump gets his first term as a do over being he was dealing with traitorous insurrectionist.
 
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moe

Sophomore
May 29, 2001
32,479
144
63
ThePunish-EER said:
Windy, Relax and take a deep breath. All those prices came down as promised the last time he was in office. Don’t worry, with the economy expected to improve, you might finally even get a job.
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Huh? lol Inflation averaged 2.1% annually during his first 4 years so obviously prices went up each year he was in office, they didn't go down. Total fail. Joe's handoff is likely the high point of the Trump economy. Analysts are already lowering their expectations for 2025 and beyond. Remember the good times.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
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Gunny46 said:
It's going to take Trump 4 years and Vance 8 years to fix what Bush, Obama, and Biden have screwed up. Maybe you will get lucky and Trump gets his first term as a do over being he was dealing with traitorous insurrectionist.
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You add Clinton to that group. He helped China get into the WTO.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
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moe said:
Huh? lol Inflation averaged 2.1% annually during his first 4 years so obviously prices went up each year he was in office, they didn't go down. Total fail.
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Yeah that $1.60 gallon gas was awful lol. What a dumbass. Yep. Fail.
 
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moe

Sophomore
May 29, 2001
32,479
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ThePunish-EER said:
Yeah that $1.60 gallon gas was awful lol. What a dumbass. Yep. Fail.
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smh And tell the board why gas was briefly cheap during Trump's first term. Was it because the price of oil briefly went below $0 because the world shut down due to covid? Of course it was so Trump gets zero credit for bring gas prices down then and we won't see them that low again unless the world shuts down again and I don't think that will happen though I think it's decent odds that we get another pandemic during Trump's term and he won't know what to do with it again. Energy companies wish gas prices were higher now so good luck with Donnie's promise for more drilling because they won't go against their own interests.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
0
moe said:
smh And tell the board why gas was briefly cheap during Trump's first term. Was it because the price of oil briefly went below $0 because the world shut down due to covid? Of course it was so Trump gets zero credit for bring gas prices down then and we won't see them that low again unless the world shuts down again and I don't think that will happen though I think it's decent odds that we get another pandemic during Trump's term and he won't know what to do with it again. Energy companies wish gas prices were higher now so good luck with Donnie's promise for more drilling because they won't go against their own interests.
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You do realize gas was down before the Covid plandemic, right? You do realize mortgage rates were around 2.8%, right? You do realize current mortgage rates today are about 7%, right? You do realize most everything has doubled in price since Biden has been in office, right?
 
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moe

Sophomore
May 29, 2001
32,479
144
63
ThePunish-EER said:
You do realize gas was down before the Covid plandemic, right? You do realize mortgage rates were around 2.8%, right? You do realize current mortgage rates today are about 7%, right? You do realize most everything has doubled in price since Biden has been in office, right?
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Doesn't matter. It's Trump's clown show now and I suggest you lower your expectations and quit believing Trump's lies. Trump is already acknowledging his election lies before his first day in office, take note. It's really just him breaking the bad news to MAGA because everyone else knew that he was spewing total nonsense during his campaign.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
0
moe said:
Doesn't matter. It's Trump's clown show now and I suggest you lower your expectations and quit believing Trump's lies. Trump is already acknowledging his election lies before his first day in office, take note.
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So you can’t refute those facts I posted about everything costing more now? It’s not Trump’s clown show now, it’s Biden and Harris clown show. Trump doesn’t take office until Jan 20th. Geez lol smh. At least you acknowledge it’s a clown show. I guess that’s a start. lol. What are the Trump lies?
 
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moe

Sophomore
May 29, 2001
32,479
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ThePunish-EER said:
So you can’t refute those facts I posted about everything costing more now? It’s not Trump’s clown show now, it’s Biden and Harris clown show. Trump doesn’t take office until Jan 20th. Geez lol smh. At least you acknowledge it’s a clown show. I guess that’s a start. lol. What are the Trump lies?
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Everything will cost more every year Trump is in office. That's how inflation works. Sorry to confuse you, the clown show officially starts Jan. 20.
 
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ThePunish-EER

Freshman
Aug 19, 2005
13,313
58
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moe said:
Everything will cost more every year Trump is in office. That's how inflation works. Sorry to confuse you, the clown show officially starts Jan. 20.
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Does it really? Why was gas higher under Obama? Maybe you can help explain?
 
Airport

Airport

All-Conference
Dec 12, 2001
81,238
1,408
113
moe said:
cool story
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They do. Every time a positive report comes out, 30 days later it's revised downward. There's absolutely no reason to believe anything they say. Ought to put one out every 90 days
 
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moe

Sophomore
May 29, 2001
32,479
144
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Airport said:
They do. Every time a positive report comes out, 30 days later it's revised downward. There's absolutely no reason to believe anything they say. Ought to put one out every 90 days
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Economic stats get revised up or down as more data comes in regardless of administration just like it has for decades or as long as I've followed it.
 
Airport

Airport

All-Conference
Dec 12, 2001
81,238
1,408
113
moe said:
Economic stats get revised up or down as more data comes in regardless of administration just like it has for decades or as long as I've followed it.
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With biden it's always downward and you know it. Hell last year it was off nearly 900,000. Down right lies
 
Airport

Airport

All-Conference
Dec 12, 2001
81,238
1,408
113
moe said:
Yes, of course. Everything is rigged by the Deep State. Easy on the nitrous doc.
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I retired but I keep up with the news and you should too.
818,000 Fewer Jobs Added to the Economy than Previously Reported. WASHINGTON, D.C. – Today, the Bureau of Labor Statistics (BLS) released its preliminary annual benchmark review of employment data for March 2024. BLS found that there were 818,000 fewer jobs than previously reported.Aug 21, 2024

818000 Fewer Jobs Added to the Economy than Previo​

 
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moe

Sophomore
May 29, 2001
32,479
144
63
Airport said:
I retired but I keep up with the news and you should too.
818,000 Fewer Jobs Added to the Economy than Previously Reported. WASHINGTON, D.C. – Today, the Bureau of Labor Statistics (BLS) released its preliminary annual benchmark review of employment data for March 2024. BLS found that there were 818,000 fewer jobs than previously reported.Aug 21, 2024

818000 Fewer Jobs Added to the Economy than Previo​

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Thanks for posting. It's always something. Write your congressperson.
 
R

roadtrasheer

Junior
Sep 9, 2016
16,622
276
83
Airport said:
I retired but I keep up with the news and you should too.
818,000 Fewer Jobs Added to the Economy than Previously Reported. WASHINGTON, D.C. – Today, the Bureau of Labor Statistics (BLS) released its preliminary annual benchmark review of employment data for March 2024. BLS found that there were 818,000 fewer jobs than previously reported.Aug 21, 2024

818000 Fewer Jobs Added to the Economy than Previo​

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Know way moe is as dense as he acts on here . Democrats lost bigly and it was mostly due to the economy. Of course DEI , transgender and mandatory vaccination didn't help .
 
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