JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom "but... but..."ROG62 » 09 Mar 2024, 11:32 am » wrote: ↑ According to the Bureau of Labor Statistics (BLS), the US economy created 275,000 new jobs in February, topping the consensus estimate of 200,000. This was up from the downwardly revised 229,000 in January. The unemployment rate rose to 3.9%, the labor force participation rate was unchanged at 62.5%, and average weekly hours edged up to 34.3. The U-6 unemployment rate – which factors in the unemployed, underemployed, discouraged, and marginally attached – rose to 7.3%.
Additionally, a large portion of the employment gains was concentrated in government or government-funded sectors: health care (67,000), government (52,000), and social assistance (24,000). There were also increases in food services and drinking places (42,000), construction (23,000), and transportation and warehousing (20,000). Manufacturing shed 4,000 positions, while other industries saw little change in their payrolls.
The Fun StuffOne part of the recent jobs report excited economists: revisions. As Liberty Nation has reported over the past year, downward adjustments to the non-farm payrolls report have been fast and furious. In fact, in ten of the last 12 months, the BLS has lowered the official numbers. Of course, nobody cares anymore because outdated information will have little bearing on policymaking.
The federal agency trimmed the December and January employment gains by a combined 167,000, with 75% of it focused on last month’s data. Average hourly earnings were also adjusted downward, with month-over-month and year-over-year readings dipping to 0.5% and 4.4%, respectively.Another notable finding was that full-time employment declined by 187,000, while part-time workers rose by 51,000. Over the last year, the US has seen 900,000 new part-time jobs. By comparison, full-time positions have plummeted by 285,000. Some economists argue that a rise in part-time employment and a drop in full-time can sometimes be seen as a recession indicator.
The household portion of the February jobs report, which politicians on both sides of the aisle wish to avoid, showed the number of employed people falling by 184,000. This side of the monthly report is relevant because it does not duplicate the data as the establishment part does. Plus, the statisticians reported that the number of people working two or more jobs remained above eight million.
Finally, there has been a years-long divergence between native- and foreign-born workers. The recent report confirmed that native-born employment was still one million below pre-pandemic levels, while foreign-born employment was 3.3 million above pre-crisis levels. This statistic matters, not because legal immigrants are obtaining jobs, but because the metric includes illegal aliens, or, as the BLS says, “undocumented immigrants.”
https://www.libertynation.com/a-jobs-re ... sts-laugh/
hey swayvee / BFC, how's yer economeeeee lookin' now? stupid ****...
Liberty nation.ROG62 » 09 Mar 2024, 11:32 am » wrote: ↑ According to the Bureau of Labor Statistics (BLS), the US economy created 275,000 new jobs in February, topping the consensus estimate of 200,000. This was up from the downwardly revised 229,000 in January. The unemployment rate rose to 3.9%, the labor force participation rate was unchanged at 62.5%, and average weekly hours edged up to 34.3. The U-6 unemployment rate – which factors in the unemployed, underemployed, discouraged, and marginally attached – rose to 7.3%.
Additionally, a large portion of the employment gains was concentrated in government or government-funded sectors: health care (67,000), government (52,000), and social assistance (24,000). There were also increases in food services and drinking places (42,000), construction (23,000), and transportation and warehousing (20,000). Manufacturing shed 4,000 positions, while other industries saw little change in their payrolls.
The Fun StuffOne part of the recent jobs report excited economists: revisions. As Liberty Nation has reported over the past year, downward adjustments to the non-farm payrolls report have been fast and furious. In fact, in ten of the last 12 months, the BLS has lowered the official numbers. Of course, nobody cares anymore because outdated information will have little bearing on policymaking.
The federal agency trimmed the December and January employment gains by a combined 167,000, with 75% of it focused on last month’s data. Average hourly earnings were also adjusted downward, with month-over-month and year-over-year readings dipping to 0.5% and 4.4%, respectively.Another notable finding was that full-time employment declined by 187,000, while part-time workers rose by 51,000. Over the last year, the US has seen 900,000 new part-time jobs. By comparison, full-time positions have plummeted by 285,000. Some economists argue that a rise in part-time employment and a drop in full-time can sometimes be seen as a recession indicator.
The household portion of the February jobs report, which politicians on both sides of the aisle wish to avoid, showed the number of employed people falling by 184,000. This side of the monthly report is relevant because it does not duplicate the data as the establishment part does. Plus, the statisticians reported that the number of people working two or more jobs remained above eight million.
Finally, there has been a years-long divergence between native- and foreign-born workers. The recent report confirmed that native-born employment was still one million below pre-pandemic levels, while foreign-born employment was 3.3 million above pre-crisis levels. This statistic matters, not because legal immigrants are obtaining jobs, but because the metric includes illegal aliens, or, as the BLS says, “undocumented immigrants.”
https://www.libertynation.com/a-jobs-re ... sts-laugh/
hey swayvee / BFC, how's yer economeeeee lookin' now? stupid ****...
nod...
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom This statistic matters, not because legal immigrants are obtaining jobs, but because the metric includes illegal aliens, or, as the BLS says, “undocumented immigrants.”ROG62 » 09 Mar 2024, 11:32 am » wrote: ↑ According to the Bureau of Labor Statistics (BLS), the US economy created 275,000 new jobs in February, topping the consensus estimate of 200,000. This was up from the downwardly revised 229,000 in January. The unemployment rate rose to 3.9%, the labor force participation rate was unchanged at 62.5%, and average weekly hours edged up to 34.3. The U-6 unemployment rate – which factors in the unemployed, underemployed, discouraged, and marginally attached – rose to 7.3%.
Additionally, a large portion of the employment gains was concentrated in government or government-funded sectors: health care (67,000), government (52,000), and social assistance (24,000). There were also increases in food services and drinking places (42,000), construction (23,000), and transportation and warehousing (20,000). Manufacturing shed 4,000 positions, while other industries saw little change in their payrolls.
The Fun StuffOne part of the recent jobs report excited economists: revisions. As Liberty Nation has reported over the past year, downward adjustments to the non-farm payrolls report have been fast and furious. In fact, in ten of the last 12 months, the BLS has lowered the official numbers. Of course, nobody cares anymore because outdated information will have little bearing on policymaking.
The federal agency trimmed the December and January employment gains by a combined 167,000, with 75% of it focused on last month’s data. Average hourly earnings were also adjusted downward, with month-over-month and year-over-year readings dipping to 0.5% and 4.4%, respectively.Another notable finding was that full-time employment declined by 187,000, while part-time workers rose by 51,000. Over the last year, the US has seen 900,000 new part-time jobs. By comparison, full-time positions have plummeted by 285,000. Some economists argue that a rise in part-time employment and a drop in full-time can sometimes be seen as a recession indicator.
The household portion of the February jobs report, which politicians on both sides of the aisle wish to avoid, showed the number of employed people falling by 184,000. This side of the monthly report is relevant because it does not duplicate the data as the establishment part does. Plus, the statisticians reported that the number of people working two or more jobs remained above eight million.
Finally, there has been a years-long divergence between native- and foreign-born workers. The recent report confirmed that native-born employment was still one million below pre-pandemic levels, while foreign-born employment was 3.3 million above pre-crisis levels. This statistic matters, not because legal immigrants are obtaining jobs, but because the metric includes illegal aliens, or, as the BLS says, “undocumented immigrants.”
https://www.libertynation.com/a-jobs-re ... sts-laugh/
hey swayvee / BFC, how's yer economeeeee lookin' now? stupid ****...
I don't see the name of a single economist.....ROG62 » 09 Mar 2024, 11:32 am » wrote: ↑ According to the Bureau of Labor Statistics (BLS), the US economy created 275,000 new jobs in February, topping the consensus estimate of 200,000. This was up from the downwardly revised 229,000 in January. The unemployment rate rose to 3.9%, the labor force participation rate was unchanged at 62.5%, and average weekly hours edged up to 34.3. The U-6 unemployment rate – which factors in the unemployed, underemployed, discouraged, and marginally attached – rose to 7.3%.
Additionally, a large portion of the employment gains was concentrated in government or government-funded sectors: health care (67,000), government (52,000), and social assistance (24,000). There were also increases in food services and drinking places (42,000), construction (23,000), and transportation and warehousing (20,000). Manufacturing shed 4,000 positions, while other industries saw little change in their payrolls.
The Fun StuffOne part of the recent jobs report excited economists: revisions. As Liberty Nation has reported over the past year, downward adjustments to the non-farm payrolls report have been fast and furious. In fact, in ten of the last 12 months, the BLS has lowered the official numbers. Of course, nobody cares anymore because outdated information will have little bearing on policymaking.
The federal agency trimmed the December and January employment gains by a combined 167,000, with 75% of it focused on last month’s data. Average hourly earnings were also adjusted downward, with month-over-month and year-over-year readings dipping to 0.5% and 4.4%, respectively.Another notable finding was that full-time employment declined by 187,000, while part-time workers rose by 51,000. Over the last year, the US has seen 900,000 new part-time jobs. By comparison, full-time positions have plummeted by 285,000. Some economists argue that a rise in part-time employment and a drop in full-time can sometimes be seen as a recession indicator.
The household portion of the February jobs report, which politicians on both sides of the aisle wish to avoid, showed the number of employed people falling by 184,000. This side of the monthly report is relevant because it does not duplicate the data as the establishment part does. Plus, the statisticians reported that the number of people working two or more jobs remained above eight million.
Finally, there has been a years-long divergence between native- and foreign-born workers. The recent report confirmed that native-born employment was still one million below pre-pandemic levels, while foreign-born employment was 3.3 million above pre-crisis levels. This statistic matters, not because legal immigrants are obtaining jobs, but because the metric includes illegal aliens, or, as the BLS says, “undocumented immigrants.”
https://www.libertynation.com/a-jobs-re ... sts-laugh/
hey swayvee / BFC, how's yer economeeeee lookin' now? stupid ****...
Do you understand the difference between the Establishment and Household Surveys?
Suppose you tell us..R.Suave » 10 Mar 2024, 7:14 am » wrote: ↑ Do you understand the difference between the Establishment and Household Surveys?
Good rube!
Suppose you tell me how many hours per day you spend watching FOX...(yes, it's particularly relevant).BooRadley » 10 Mar 2024, 8:20 am » wrote: ↑ Suppose you tell us..
You never did explain why millions of illegals running around is great news for our country
But you always lie....so I'm betting I did.You never did explain
Lie?R.Suave » 10 Mar 2024, 8:26 am » wrote: ↑ Suppose you tell me how many hours per day you spend watching FOX...(yes, it's particularly relevant).
But you always lie....so I'm betting I did.
BooRadley » 10 Mar 2024, 8:47 am » wrote: ↑ Lie?
Tell everyone what I've lied about..
Cmon
I challenge you
acknowledge that it's been done.You never did explain why millions of illegals running around is great news for our country
Cmon .
I just posted your lie.BooRadley » 10 Mar 2024, 9:06 am » wrote: ↑ Cmon .
Show everyone all these lies.
Should be easy if it's the truth
I challenge you
You can hardly pick up a shovel.