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unless UE reaches the 3.5% 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.
These numbers have more to do with Omicron than anything Biden did which we all know, is less than nothing. People are still losing their jobs because of authoritarian mandates that have shown to be ineffective.
A more telling statistic is the labor force participation rate which is still less than it was pre-pandemic with 3 million fewer people working.
dude are you even listening to yourself, this thread is about a good 2022 jobs report and you are fixated on Trump? Why is Trump the only thing you think of? If it's this bad now how are you going to be able to deal with life if Trump is re-elected in 2024?
Wages of non-managerial workers
Average Hourly Earnings for Production and Nonsupervisory Personnel: rose $0.17 to $27.91, which is a 6.9% YoY gain. This continues to be excellent news, especially considering that a huge number of low-wage workers have finally been recalled to work.
Of course when you counter that with an inflation rate of around 7% you get the bigger picture and it isn't all that great.
Of course when you counter that with an inflation rate of around 7% you get the bigger picture and it isn't all that great.
Inflation should start going down as rates go up and more people get back to work on the supply side. The problem with higher rates is the increased cost of borrowing which will hurt businesses who will eventually cut down on production and hiring and that will hurt the economy.
If Joe Biden manages to get out of this hole he will have nobody else to thank but Joe Manchin
So did a bunch of Trump supporters literally lie earlier this week when they said jobs were down in January?
Haven’t followed it closely, but this seems to be a remarkable display of Biden Derangement Syndrome.
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