Economy added disappointing 130,000 jobs in August (Denver, rating, support, administration)

[Kracer]

Originally Posted by Finn_Jarber

Another anemic month.....

Also, it looks like 25,000 of them were temporary workers for the 2020 census.


https://www.usatoday.com/story/money...st/2224196001/

Hiring slowed in August as employers added 130,000 jobs, further stoking recession fears and strengthening the Federal Reserve’s argument for another cut in interest rates this month.

Further dimming the latest employment snapshot: Payroll gains for and June and July combined were revised down by a total 20,000.

OP perfect example of taking numbers out of context and pretending it represents an entire economy and portends pending economic doom.


Perhaps the recession spoken of relates to someone's hair line???

[Finn_Jarber]

Originally Posted by Kracer

OP perfect example of taking numbers out of context and pretending it represents an entire economy and portends pending economic doom.


Perhaps the recession spoken of relates to someone's hair line???

It does not represent the whole picture.

We have a stock market which has not made any gains in 19 months

Consumer sentiment is plummeting

Taxes are rising

Deficits are skyrocketing

Etc

[chucksnee]

Originally Posted by Finn_Jarber

It does not represent the whole picture.

We have a stock market which has not made any gains in 19 months

Consumer sentiment is plummeting

Taxes are rising

Deficits are skyrocketing

Etc

Again, prove it...

Originally Posted by chucksnee

No clue where you get your info from,....




https://money.cnn.com/data/markets/dow/

Keep posting the lie, and I'll keep asking you to prove it....

[tipsyguam]

Originally Posted by WilliamSmyth

Its not good news in that Our Dear Leader's promised much faster job growth.

This thread isnt about Trump, Please go find one of the other thousand threads on this forum to do your whining about Trump. This thread is about the excellent jobs report that a record number of Americans are employed and we are still adding jobs even though we are under 4% UE.

Originally Posted by chucksnee

Keep posting the lie, and I'll keep asking you to prove it....

the poster you are quoting can't "prove it" because the facts do not support his negative bias.

[evilnewbie]

And the market is up, apparently it doesn't care what the Anti-Trumpers hope for...

[James Bond 007]

Originally Posted by chucksnee

No clue where you get your info from,....

https://money.cnn.com/data/markets/dow/

Did you even look at your own link? It appears you haven't.

The Dow right now is at essentially the same level it was in early 2018.

[TheMoreYouKnow]

Awesome, that's ~ 130,000 fewer people living off of us who are already working.

[chucksnee]

Originally Posted by James Bond 007

Did you even look at your own link? It appears you haven't.

The Dow right now is at essentially the same level it was in early 2018.

I did, did you comprehend the post I was quoting?

Originally Posted by Finn_Jarber

How is such pathetic jobs report good news?

How is it good news the stock market has made zero gains in 19 months?

90 million Americans are not working, and that's good news?

[James Bond 007]

19 months ago was early 2018. As I said, the stock market has gone basically nowhere since then.

So yes, he is right. You need only click on your own link to find out.

[rkcarguy]

As long as it's going up I think it's still going in the right direction. Also, with record low unemployment, there is going to be a diminishing return in added jobs because a lot of job openings aren't being filled. It's a lot better than 07/08 when we were shedding 250K jobs a month.