December Unemployment Numbers

[Lakers Legend#32]

The economy added 200K new jobs.
Unemployment plunges to a historic record low of 3%
Not a peep from the righties.

[BigKobeFan]

https://www.usatoday.com/story/money/2022/01/07/jobs-report-december-unemployment/9126565002/

USA Today, a liberal media used the word "just" 200k jobs...keep reaching noob

unemployment claims is down, which means nothing because they gave it all already

[BigKobeFan]

It was the second month where job growth came in well below expectations — economists had forecast more than 400,000 jobs added in the month — while the unemployment rate sank, from 4.2 percent in November to 3.9 percent. That means unemployment is nearing what was a 50-year-low of 3.5 percent achieved in February 2020.

https://www.washingtonpost.com/business/2022/01/07/december-jobs-report-unemployment/

washington post.

[Lakers Legend#32]

Obviously the righties are floundering, so let me help you out.
FOX News says a historic 3.9% unemployment low is a disaster for Biden.
And you all thought the right was gonna say something stupid.

[JohnnySic]

https://pbs.twimg.com/media/FIiFk1MXEAkXWat?format=jpg&name=large

[Off the Court]

The unemployment rate being sub-4% is outstanding regardless of what any analyst was projecting. We are where we were pre-covid and that is during the biggest covid spike seen yet.

What's really amazing is that the "below expectations" part is due to a lack of people willing to work and not because there is a lack of job openings. Businesses are desperately trying to hire, the economy is running on all cylinders, and anyone who wants a job can find one.

[Patrick Chewing]

https://pbs.twimg.com/media/FIiFk1MXEAkXWat?format=jpg&name=large

What I imagine Lakers to look like on the right. :oldlol:

[bladefd]

It was the second month where job growth came in well below expectations — economists had forecast more than 400,000 jobs added in the month — while the unemployment rate sank, from 4.2 percent in November to 3.9 percent. That means unemployment is nearing what was a 50-year-low of 3.5 percent achieved in February 2020.

https://www.washingtonpost.com/business/2022/01/07/december-jobs-report-unemployment/

washington post.

What will your excuse or outrage be when we reach 3.49% unemployment rate as a nation?

[Jasper]

I see a ton of local companies looking for help ...

When I have to bag my own groceries because the store can't get people to work , I wonder about that -sub 4% unemployment ..
I have even considered going back to work , but it has been 6 years since I worked....

[Lakers Legend#32]

What will your excuse or outrage be when we reach 3.49% unemployment rate as a nation?

He will be filled with rage.

[Patrick Chewing]

I see a ton of local companies looking for help ...

When I have to bag my own groceries because the store can't get people to work , I wonder about that -sub 4% unemployment ..
I have even considered going back to work , but it has been 6 years since I worked....

Do you wear diapers gramps??

[Axe]

This article was exactly from one year ago. Interesting.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN29D30I


Reuters
FRI JAN 8, 2021 / 5:08 PM EST
Trump ends his term like a growing number of Americans: out of a job

(Reuters) - The final employment scorecard delivered during President Donald Trump's administration on Friday handed the Republican a mantle no politician would envy: He will be the only modern president to leave office with fewer U.S. jobs than when his term began.

A global pandemic that Trump - who lost his bid for re-election to Democrat Joe Biden in November - was late to recognize and prone to downplay or outright deny through much of its course laid waste to the U.S. economy in the final year of his term. It erased all semblance of the booming job market that he had hoped would vault him to a second term.

Instead, as the Labor Department reported on Friday, total U.S. employment fell in December by 140,000 to 142.6 million, roughly 10 million fewer jobs than before the coronavirus pandemic struck.

The economic record books will count January's employment figures in Trump's column since he leaves office near the end of the month on Jan. 20. This month's data will be reported in early February.

But there is no realistic expectation that payrolls will rebound enough to close the gap of roughly 3 million jobs between December's level and that of January 2017, when Trump took office.

Trump's final year in office was punctuated with economic superlatives, effectively all of them brought on by COVID-19 and the wave of restrictions on business and activity imposed to try to contain its rapid and deadly spread.

The outbreak - which has now infected nearly 21.5 million U.S. residents and killed more than 365,000 - triggered the swiftest and deepest recession of the post-World War Two era.

The unemployment rate rocketed from a half-century low of 3.5% in February 2020 to 14.8% in just two months as more than 22 million people were thrown out of work. While it has come down since to 6.7%, it is 2 percentage points higher than it was when he was sworn into office.

On that front, at least, Trump has company: He is the third Republican president in a row to leave office with a higher jobless rate than on his inauguration. Both President George W. Bush and President George H. W. Bush oversaw rising unemployment rates during their terms.

Through his first three years in office, Trump often pointed to the improving job market for Blacks in stump speeches, claiming no other American president had done as much to improve the lot of African Americans.

Some data bears that out. The Black jobless rate in late 2019 did fall to 5.2% - the lowest since the Labor Department began tracking it. That was still nearly 2 points higher than the rate for whites.

By December 2019, Black employment levels across the country had risen by 8.1% from where they were when Democrat Barack Obama - the first Black president and Trump's predecessor - left office. By contrast job growth over that span for whites was 3.3% - albeit from a much larger base.

But COVID-19 wiped out all of those gains, and while Black employment levels have come closer to where they were at the start of Trump's term, levels for both Blacks and whites remain below that.

Trump came to office promising a manufacturing renaissance as part of his America-first agenda under which he railed against imported goods and companies that had sent factories overseas.

There was some modest improvement in his first three years, with total manufacturing employment rising by 3.8%. But other sectors - especially in services - accounted for most of the job gains to then.

And it was to the services sector that COVID-19 dealt its harshest blow.

Jobs in the leisure and hospitality industries in particular suffered from measures to prevent the spread of the disease, and the newest surge in infections has revisited pain on the sector. While 140,000 jobs were lost overall last month, nearly 500,000 were shed in leisure in leisure and hospitality, and total employment in the sector is 18.5% lower than when Trump took the oath of office.

And what about manufacturing? There are 60,000 fewer factory jobs today than in January 2017.

[Jasper]

Do you wear diapers gramps??

poopsie we know you have a doll in the closet --- get at it Pat

[Axe]

This article was exactly from one year ago. Interesting.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN29D30I
Anyone?

[Lakers Legend#32]

Biden's Economy is Red Hot.

American businesses had 20% profits during the 4th quarter.

While wages grew 8.5%.

Inflation was limited to 6.2%

America Wins!
MAGATS are devastated.

[Lakers Legend#32]

Trump left America with a 6.2% unemployment rate.

Biden got it down to 3.9% in his first year.

Righties: "But what I really care about is The War on Christmas!"

[Axe]

Interesting.

[Off the Court]

https://rdceconomics.wpengine.com/wp-content/uploads/2022/04/2022.04-Payroll-Employment-Over-Time.png

Unemployment down to 3.6%

Total employed right now is actually 158.5 Million

That's right, there are more employed Americans today than in ANY time during Trump's presidency.

[paksat]

https://rdceconomics.wpengine.com/wp-content/uploads/2022/04/2022.04-Payroll-Employment-Over-Time.png

Unemployment down to 3.6%

Total employed right now is actually 158.5 Million

That's right, there are more employed Americans today than in ANY time during Trump's presidency.

oooo so we had a booming economy and now we have a booming economy... such a win

does it count the 100 million illegals that took jobs from americans by working under the board? I'm just curious how that factors in.

[Off the Court]

oooo so we had a booming economy and now we have a booming economy... such a win

does it count the 100 million illegals that took jobs from americans by working under the board? I'm just curious how that factors in.
100 million? What do you think the population is? :oldlol:

That's taxed pay role. Legal Social Security number required.

[paksat]

100 million? What do you think the population is? :oldlol:

That's taxed pay role. Legal Social Security number required.

I know 100 million is too many duhhh

Butt do you really believe these numbers? It's well known no one wants to work and companies can't find workers right now. Yet only 3.6 percent are unemployed? Do you think there's roughly 300 million jobs filled then? ( I'm factoring tons of illegals in as well )

[BigKobeFan]

I know 100 million is too many duhhh

Butt do you really believe these numbers? It's well known no one wants to work and companies can't find workers right now. Yet only 3.6 percent are unemployed? Do you think there's roughly 300 million jobs filled then? ( I'm factoring tons of illegals in as well )

They dont comprehend numbers. Just the shit cnn tells them that umemployment is low

[Off the Court]

We don't comprehend numbers but you clowns are saying there are 100 MILLION illegals taking jobs? :roll:

Those numbers use the same math that was used during Trump's term. Not hard to believe unemployment is low when there are "WE ARE HIRING" signs everywhere you look. Illegals existed when Trump was here and they just take the manual labor jobs that the rest of us don't want anyway. But those numbers evade them anyone because it's taxed payroll.

[Chick Stern]

Really tremendous. YUGE!
How great is our JoePa?

[AKA_AAP]

It's always comedy when the low IQ democrats say something like, "the economy is great!", when we are at historic double digit inflation. Then there's also the talking point of, "low unemployment numbers" and then the contradictory, "there are we are hiring signs everywhere"...if unemployment numbers are low, then companies won't have a hard time hiring people and there actually won't be "we are hiring" signs everywhere. That's common sense. Just like inflation numbers, unemployment numbers are easily manipulated just by changing how it is calculated.

But but but, MSNBC and CNN told me otherwise. So it must be true!

https://freethinkingministries.com/wp-content/uploads/2018/10/NPC-crowd-485x282.jpg

The ultimate NPC kick in the balls, people like AlwaysWrongBladefd, FascistRRR3, ObeseAxe, LowIQoffthecourt, RacistJasper, etc are ALL doing worse IRL under Racist joe biden's economy. There's no MSNBC/CNN talking point about Racist joe biden's economy than can cover up this fact.

There's a reason why RacistLegend32 said, "I don't mind gas prices going up, I'll just take the bus" instead of making more money, or buying a Tesla. It's because in reality, this is the worst economy in these NPC's lifetime.

[Axe]

:rant
Meltdown. Nobody believes you when you keep whining under the influence of meth.

[jstern]

It's always comedy when the low IQ democrats say something like, "the economy is great!", when we are at historic double digit inflation. Then there's also the talking point of, "low unemployment numbers" and then the contradictory, "there are we are hiring signs everywhere"...if unemployment numbers are low, then companies won't have a hard time hiring people and there actually won't be "we are hiring" signs everywhere. That's common sense. Just like inflation numbers, unemployment numbers are easily manipulated just by changing how it is calculated.

But but but, MSNBC and CNN told me otherwise. So it must be true!

https://freethinkingministries.com/wp-content/uploads/2018/10/NPC-crowd-485x282.jpg

The ultimate NPC kick in the balls, people like AlwaysWrongBladefd, FascistRRR3, ObeseAxe, LowIQoffthecourt, RacistJasper, etc are ALL doing worse IRL under Racist joe biden's economy. There's no MSNBC/CNN talking point about Racist joe biden's economy than can cover up this fact.

There's a reason why RacistLegend32 said, "I don't mind gas prices going up, I'll just take the bus" instead of making more money, or buying a Tesla. It's because in reality, this is the worst economy in these NPC's lifetime.

The FascistRRR3 and the LowIQCourt are the same person. And I think the ObeseAxe one lives in Japan and not affected as much by the Racist Joe Biden. The AlwaysWrongBladefd does seem to be wrong ALL of the time. And I would give Racist Jasper a pass because he doesn't know how to embed YouTube videos, nor create a poll.

[bladefd]

Meltdown. Nobody believes you when you keep whining under the influence of meth.

Yes, so much whining in here. It's nonstop whining from people like jstern, aka_aap, paksat, chewbecca, johnnysic, etc. All they do is whine, so I'm beginning to just skim read their posts without responding. They are like kids in a kindergarten class. It will be 2.5 more years of whining, and when Trump loses again in 2024, the whining will escalate even more.

[Axe]

Yes, so much whining in here. It's nonstop whining from people like jstern, aka_aap, paksat, chewbecca, johnnysic, etc. All they do is whine, so I'm beginning to just skim read their posts without responding. They are like kids in a kindergarten class. It will be 2.5 more years of whining, and when Trump loses again in 2024, the whining will escalate even more.
True. It's been more than year already and those fools still can't take the big L. Also they're mostly the same ones running the political forum like clowns almost daily tho i just can't help but make fun of them here. I notice that one of their lapdogs, the lame sucker under the KennyPowers, Joe Buckle, Joey Turnbuckle, mrsbutthurt, EagleFang and TheRRR3tardSatan accounts has gone missing for quite some few weeks now. I guess he's banished once again as usual rofl.

[AKA_AAP]

The FascistRRR3 and the LowIQCourt are the same person. And I think the ObeseAxe one lives in Japan and not affected as much by the Racist Joe Biden. The AlwaysWrongBladefd does seem to be wrong ALL of the time. And I would give Racist Jasper a pass because he doesn't know how to embed YouTube videos, nor create a poll.

If that's true, then I find it funny how he stopped posting as FascistRRR3 in the political forum ever since I asked everyone for info about him so I can get IRS auditors to check if he's paying taxes on his under the table drug money. :lol

[Long Duck Dong]

Yes, so much whining in here. It's nonstop whining from people like jstern, aka_aap, paksat, chewbecca, johnnysic, etc. All they do is whine, so I'm beginning to just skim read their posts without responding. They are like kids in a kindergarten class. It will be 2.5 more years of whining, and when Trump loses again in 2024, the whining will escalate even more.

Will they rage quit ISH, scream at the sky and threatened to leave the US? Let's not pretend the right is having anywhere near the meltdown under Biden versus the meltdown the left had under Trump.

[Long Duck Dong]

A couple of interesting takeaways from people who still support Biden according Pew Research

Blacks far and away support Biden than anyone else. Asians also firmly support him. Yet black and Asian unemployment is still higher than it was pre pandemic. Whites and latinos unemployment rates are now basically the same as they were before the pandemic. Only 33% of whites think he's doing a good or somewhat good job.


Another surprise is that his strongest support comes from people with a HS education or less, while his least support comes from postgrads. You'd think it would be the reverse since high gas prices, interest rates, food prices and inflation in general affects the poor the most. Also of interest is that young people have the least favorable few of Biden and his economy. 54% of CALIFORNIA now dissaprove of Biden's job performance. Only 46% of the liberals over there support him.

The Dems here are barking up the wrong tree. Republicans will not likely support Biden no matter what the numbers bear out, but y'all need to convince yourselves things are getting better. A lot of your own people aren't buying it.

https://www.pewresearch.org/politics/2022/01/25/views-of-joe-biden/