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Old 03-05-2022, 05:56 PM
 
1,943 posts, read 572,342 times
Reputation: 774

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Quote:
Originally Posted by James Bond 007 View Post
Wrong. As I already pointed out previously, there were large numbers of jobs being added while the government was giving out Covid money, and large numbers of jobs being added after the government stopped giving out Covid money.
Different reasons for the unanticipated increase. Here is one:

"Economists had anticipated a weak jobs report as the government surveyed businesses for payrolls in mid-January, when Omicron infections were peaking. The Labor Department said a record 3.616 million people who had a job were absent during the survey week because of illness.

Workers who are out sick or in quarantine and do not get paid during the payrolls survey period are counted as unemployed in the establishment survey even if they still have a job.
Lower-paid hourly workers in industries like healthcare as well as leisure and hospitality, who typically do not have paid sick leave, bore the brunt of the winter COVID-19 wave.

According to the latest government data, paid sick leave was available to 79% of civilian workers in March 2021."
https://www.reuters.com/business/us-...40-2022-02-04/

At least 3.616 million people who had jobs were counted as unemployed, until they weren't. That's nothing more than shifting numbers.
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Old 03-05-2022, 06:00 PM
 
Location: Kansas City, MISSOURI
20,995 posts, read 9,711,156 times
Reputation: 15822
Your link is from last month.

Furthermore, if what you said is true, that means the jobs numbers are weaker than they would otherwise be - even with 400K-700K being added per month.

If all those people are out sick, that means they're not being counted as being on payrolls.
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Old 03-05-2022, 06:11 PM
 
1,943 posts, read 572,342 times
Reputation: 774
Quote:
Originally Posted by James Bond 007 View Post
Your link is from last month.

Furthermore, if what you said is true, that means the jobs numbers are weaker than they would otherwise be - even with 400K-700K being added per month.

If all those people are out sick, that means they're not being counted as being on payrolls.
As you say, the link is from last month. They were not being counted as being on payrolls...until they returned. Hence the unanticipated Feb. increase reported this month.

Just to be clear, I didn't say it, the Labor Department said it. Note the quotation marks and the link.
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Old 03-05-2022, 06:46 PM
 
Location: Kansas City, MISSOURI
20,995 posts, read 9,711,156 times
Reputation: 15822
Here is the BLS's press release:
https://www.bls.gov/news.release/empsit.nr0.htm
I don't see what you're saying in the press release. The BLS does not comment on what economist's expectations are.
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Old 03-05-2022, 07:32 PM
 
Location: Western PA
11,140 posts, read 4,787,872 times
Reputation: 7016
Quote:
Originally Posted by foodyum View Post
I can take farm raised, maybe that’s why I don’t find the prices as painful as you.

when did I say the prices were painful? I either catch em myself if I take the boat out, or pick em up fresh when at the shore. But I prefer haddock and cod. and flounder in the fall in the LI sound...If Im gonna goto a grocery store, well I guess I compete with everyone else...
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Old 03-05-2022, 07:36 PM
 
Location: Western PA
11,140 posts, read 4,787,872 times
Reputation: 7016
so, are we all agreed now that 2 are sooo close (2M) jobs away from being back to where we here? REGARDLESS of the links?
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Old 03-09-2022, 02:24 PM
 
8,131 posts, read 4,358,046 times
Reputation: 4683
Biden, is righting the ship!
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Old 03-10-2022, 01:49 PM
 
Location: Long Island
32,912 posts, read 19,604,767 times
Reputation: 9673
Quote:
Originally Posted by tillman7 View Post
Biden, is righting the ship!
nope Biduh and the fascist liberals are steering us off course
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Old 03-10-2022, 03:48 PM
 
46,445 posts, read 27,316,718 times
Reputation: 11179
Quote:
Originally Posted by tillman7 View Post
Biden, is righting the ship!
Lets shut the entire country down for over a year (many jobs lost) and then let open the entire country...and then proclaim: Look at all the jobs biden created....only a person with less than 1/1024th of a brain cannot understand that, yet here we are. Does not say a lot for the those that support the op in this thread.
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