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Will be interesting to see how many governors and mayors get pressured to avoid reinstating lockdowns\restrictions etc. in order to keep the recovery going.
Probably going to see a lot of continued doublespeak as we see more pols violate masking and other restrictions.
At this point, I say open everything up and let the chips fall where they may.
The Labor Force Participation Rate increased to 62.2% in January, from 61.9% in December. This is the percentage of the working age population in the labor force.
The Employment-Population ratio increased to 59.7% from 59.5% (blue line).
That would be why the unemployment rate edged up a tenth of a percentage point.
lol for what? If Brandon had his way he would have another 5 rounds of trillion dollar welfare so people could stay home.
I think you mean, "Thank you Joe Manchin"
Because Omicron was so highly transmissible, nearly 9 million people called out sick in early January when the jobs data was being collected. So, during that same period of time, in the week the survey was taken, the week of January 12th, was at the height of the Omicron spike.
So we just wanted to kind of prepare, you know, people to understand how the data is taken, what they’re looking at, and what it is an assessment of. And as a result, the month’s jobs report may show job losses in large part because workers were out sick from Omicron at the point when it was peaking during the period when — the week where the data was taken.
]unless UE reaches the 3.5% [/b]we had under the previous administration pre plandemic, parroting the MSM about employment data is only going to be embarrassing for you under Quid Pro Joe.
If it gets that low all we will here from you guys is "U-6", "underemployed", "doesn't include people who quit looking for work", "cooking the books"...
Probably don't even need to wait. We'll get it on this thread.
Biden did the same with the January '21 stimulus round, everybody got a separate IRS mailing with Joe Biden's letter and signature
So don't pretend Trump is any different...
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