Liberal Forum

Blackvegetable » 05 Jul 2024, 8:38 am » wrote: ↑

05 Jul 2024, 8:38 am

What point do you think you are making with those numbers?

Stop running from every question.

Here are some numbers you would LOVE to ignore:

U.S. JOB GROWTH DOWN IN JUNE, UNEMPLOYMENT RISES TO 4.1%
https://finance.yahoo.com/news/june-job ... 24134.html

The unemployment rate rose to 4.1%, up from 4% in the month prior and the highest reading in almost three years. June's job additions were a slight decline from May, which saw job gains revised down on Friday to 218,000 from the 272,000 initially reported last month. Total revisions for April and May showed the US economy added 111,000 less jobs than initially reported."The June jobs report showed more signs of cooling in the labor market, with job growth including revisions weaker than expected, the unemployment rate rising and earnings growth slowing," Oxford Economics lead US economist Nancy Vanden Houten wrote in a note to clients. On Wednesday, the ADP Research Institute's National Employment Report showed 150,000 jobs were added to the private sector in June, a deceleration from the 157,000 job additions in May.
 Meanwhile, data from the Department of Labor showed nearly 1.86 million continuing unemployment claims were filed in the week ending June 29, up from 1.83 million the week prior. This marked the ninth straight week where continuing claims have risen.Elsewhere in Friday's report, wage growth, an important measure for gauging inflation pressures, slowed to 3.9% year over year. On a monthly basis, wages increased 0.3%, a decrease from the previous month's 0.4% gain. The largest job increases in Friday's report were in government employment, which added 70,000 jobs in June. At the same time, healthcare employment added 49,000 jobs

Only a dope like you would be happy about learning that of the 206,000 new jobs "created", 70,000 of them were to pay for a larger government bureaucracy, 34,000 went to education which were needed to school 10+ million new illegals, and 49,000 more were needed in the healthcare industry to cover the needs of the 10+ MILLION illegals who (unlike you) all get their healthcare for free, fully paid for by taxpayers.  That leaves you with a mere 53,000 jobs that are actually worthwhile and NOT being paid by taxpayers.  Making it even worse was the fact that 23,000 of them were for part-time workers.

All told, you're cheering like an idiot over a government report that actually added only 30,000 full-time jobs that will NOT be paid by taxpayers.
And just as it's been doing for the last couple of years, those numbers will more than likely be revised downward within the next several weeks.

What other conclusion can we draw from these facts, other than that you're a complete **** moron with zero understanding of economics?