More Bad Economic News....Even More Americans Working, Wages Rising..

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Blackvegetable
7 Jun 2024 12:04 pm
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Here’s the ‘bad news’ in the ‘good’ jobs report
https://www.cnn.com/2024/06/07/economy/ ... index.html


“The good news is we saw the explosion in payrolls. The bad news is the rise in unemployment with an acceleration in wage gains,” Diane Swonk, chief economist with KPMG, told CNN.


https://youtu.be/SJUhlRoBL8M?si=7T8CHeOBZXme-C8C
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Warcok
7 Jun 2024 12:29 pm
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Unemployment ticked up to 4% and wages are down 2.63%, dicksucker

Image

Image
 
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ConsRule
7 Jun 2024 12:37 pm
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Unemployment and credit card delinquencies both increased. I agree, bad news.
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Blackvegetable
7 Jun 2024 12:38 pm
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Warcok » 07 Jun 2024, 12:29 pm » wrote: ↑ Unemployment ticked up to 4% and wages are down 2.63%, dicksucker

Image

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FOX?

The ones who paid 787 million and the head of TuckTuck for lying to you?

Who'd be dumb enough to believe them?

Strong US Payrolls and Wage Growth Push Back Bets for Fed Cuts

 https://www.bloomberg.com/news/articles ... -same-time

Average hourly earnings climbed 0.4% from April and 4.1% from a year ago, both picking up from the prior report.

 
 
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Huey
7 Jun 2024 12:47 pm
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Blackvegetable » 07 Jun 2024, 12:38 pm » wrote: ↑ FOX?

The ones who paid 787 million and the head of TuckTuck for lying to you?

Who'd be dumb enough to believe them?

Strong US Payrolls and Wage Growth Push Back Bets for Fed Cuts

 https://www.bloomberg.com/news/articles ... -same-time

Average hourly earnings climbed 0.4% from April and 4.1% from a year ago, both picking up from the prior report.

 
 

 

Total nonfarm payroll employment increased by 272,000 in May, and the unemployment rate changed little at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, led by health care; government; leisure and hospitality; and professional, scientific, and technical services.


https://www.bls.gov/news.release/pdf/empsit.pdf

Wages jumped again in May, pushing the increase over the past year up to 4.1% from 4%. In short, wage growth appears to have gotten stuck in the 4% range. Before the pandemic, wages grew about 2-3% a year, somewhat faster than the average annual inflation rate of around 1.5%.

https://www.marketwatch.com/livecoverag ... d%201.5%25.

 
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Blackvegetable
7 Jun 2024 12:48 pm
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Huey » 07 Jun 2024, 12:47 pm » wrote: ↑ Total nonfarm payroll employment increased by 272,000 in May, and the unemployment rate changed little at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several industries, led by health care; government; leisure and hospitality; and professional, scientific, and technical services.

https://www.bls.gov/news.release/pdf/empsit.pdf

Wages jumped again in May, pushing the increase over the past year up to 4.1% from 4%. In short, wage growth appears to have gotten stuck in the 4% range. Before the pandemic, wages grew about 2-3% a year, somewhat faster than the average annual inflation rate of around 1.5%.

https://www.marketwatch.com/livecoverag ... d%201.5%25.
Is there a point?
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FJB
7 Jun 2024 12:48 pm
FJB
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on your **** head
 
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Warcok
7 Jun 2024 12:51 pm
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Bureau of Labor and Statistics you blind dick sucker, it's right there!  :lol:   
 
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Huey
7 Jun 2024 1:00 pm
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Just providing facts.  One from the source.  
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Blackvegetable
7 Jun 2024 1:01 pm
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Huey » 07 Jun 2024, 1:00 pm » wrote: ↑ Just providing facts.  One from the source.
But no point...

If not, why?

I had posted the facts...
 
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Blackvegetable
7 Jun 2024 1:02 pm
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ConsRule » 07 Jun 2024, 12:37 pm » wrote: ↑ Unemployment and credit card delinquencies both increased. I agree, bad news.
You don't want to go there, either.
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ConsRule
7 Jun 2024 1:05 pm
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Blackvegetable » 07 Jun 2024, 1:02 pm » wrote: ↑ You don't want to go there, either.

Why? That's what the link YOU posted said.  Didn't you read it?
 
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Blackvegetable
7 Jun 2024 1:23 pm
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ConsRule » 07 Jun 2024, 1:05 pm » wrote: ↑ Why? That's what the link YOU posted said.  Didn't you read it?
Then we move on to "magnitude" and what we can take from it.

We know you like to free associate with data you insist is dispositive.
 
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Huey
7 Jun 2024 1:47 pm
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Blackvegetable » 07 Jun 2024, 1:01 pm » wrote: ↑ But no point...

If not, why?

I had posted the facts...
 

 
No need.  Just facts.  Plus, I knew you would start another diversion.  You are so easily played. 
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ConsRule
7 Jun 2024 1:49 pm
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Blackvegetable » 07 Jun 2024, 1:23 pm » wrote: ↑ Then we move on to "magnitude" and what we can take from it.

We know you like to free associate with data you insist is dispositive.

Two simple questions (which you probably won't answer):

Did the unemployment rate increase?

Did credit card delinquencies increase?
 
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Blackvegetable
7 Jun 2024 1:55 pm
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ConsRule » 07 Jun 2024, 1:49 pm » wrote: ↑ Two simple questions (which you probably won't answer):

Did the unemployment rate increase?

Did credit card delinquencies increase?
It's not about me not answering your questions.....just as it wasn't about proving your wrong number incorrect (that was just a bonus)
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RebelGator
7 Jun 2024 1:58 pm
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Blackvegetable » 07 Jun 2024, 1:55 pm » wrote: ↑ It's not about me not answering your questions.....just as it wasn't about proving your wrong number incorrect (that was just a bonus)
It's about you not being able to answer a direct question.....a character flaw that you Democrats seem to have in abundance......dunce.
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ConsRule
7 Jun 2024 2:00 pm
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Blackvegetable » 07 Jun 2024, 1:55 pm » wrote: ↑ It's not about me not answering your questions.....just as it wasn't about proving your wrong number incorrect (that was just a bonus)
You didn't answer the questions.  You get nothing more from me than, "Go **** yourself, you immature weasel." until you do.
 
Harper Lee
7 Jun 2024 2:05 pm
      
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Blackvegetable » 07 Jun 2024, 1:55 pm » wrote: ↑ It's not about me not answering your questions.....just as it wasn't about proving your wrong number incorrect (that was just a bonus)
Unemployment just went up...
7% interest rates 
Higher gas prices 
Higher inflation 
And an extra 10 million illegals running around 

 
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Blackvegetable
7 Jun 2024 2:09 pm
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ConsRule » 07 Jun 2024, 2:00 pm » wrote: ↑ You didn't answer the questions.  You get nothing more from me than, "Go **** yourself, you immature weasel." until you do.
Note that I quote you, verbatim.

You vaguely describe.


And you never answer questions.

 
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