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+--- Thread: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength (/showthread.php?tid=285389)
US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - SteveG - 03-08-2024
Not the State of the Union response the trumpers were hoping for
US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength
https://apnews.com/article/jobs-hiring-unemployment-economy-inflation-federal-reserve-96162ff805670eb19a44cdf67fa20e3e
WASHINGTON (AP) — America’s employers delivered another healthy month of hiring in February, adding a surprising 275,000 jobs and again showcasing the U.S. economy’s resilience in the face of high interest rates.
Last month’s job growth marked an increase from a revised gain of 229,000 jobs in January. At the same time, the unemployment rate ticked up two-tenths of a point in February to 3.9%. Though that was the highest rate in two years, it is still low by historic standards. And it marked the 25th straight month in which joblessness has remained below 4% — the longest such streak since the 1960s.
Yet despite sharply lower inflation, a healthy job market and a record-high stock market, many Americans say they are unhappy with the state of the economy — a sentiment that is sure to weigh on President Joe Biden’s bid for re-election. Many voters blame Biden for the surge in consumer prices that began in 2021. Though inflationary pressures have significantly eased, average prices remain about 17% above where they stood three years ago.
Friday’s report drastically revised down the government’s estimate of hiring in December and January from what had been blockbuster increases to still-solid gains. The report also gave the inflation fighters at the Federal Reserve what could be a dose of encouraging news: Average hourly wages rose just 0.1% from January, the smallest monthly gain in more than two years, and 4.3% from a year earlier, less than expected. Average pay growth has been exceeding inflation for more than year, but when it rises too fast it can feed inflation.
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - RAMd®d - 03-09-2024
I blame Biden.
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - bfd - 03-09-2024
Not happening in the far southwest corner. Unemployment has gone from a low of 2.8% to its current 4.7% rate in just 18 months.
https://hoodline.com/2024/03/san-diego-unemployment-rate-rises-to-4-7-despite-job-gains-in-education-and-health-sectors/
Statewide figures aren't faring much better, with the California unemployment rate increasing to 5.2% in January from December's 5.1%, per data released by the state Employment Development Department (EDD).
You can bet that Dumbf and his pile have seen these figures, too.
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - Mr645 - 03-15-2024
The economy is strong in a nation of $20 happy meals and $30 pizzas
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - DeusxMac - 03-15-2024
Mr645 wrote:
The economy is strong in a nation of $20 happy meals...
Better stop giving folks that much money to buy Happy Meals for you; they're fleecing you.
https://mcdonaldsprices.com/mcdonalds-prices/
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - Mr645 - 03-15-2024
People also ask
How much is a Big Mac meal in California?
$18
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - DeusxMac - 03-16-2024
Mr645 wrote:
People also ask
How much is a Big Mac meal in California?
$18
Are you delusional or just pulling this stuff out of your @$$?
“BIG MAC
Price: $5.89, Min price: $4.19 in NC, Max price: $7.09 in MA”
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - Mr645 - 03-16-2024
DeusxMac wrote:
[quote=Mr645]
People also ask
How much is a Big Mac meal in California?
$18
Are you delusional or just pulling this stuff out of your @$$?
“BIG MAC
Price: $5.89, Min price: $4.19 in NC, Max price: $7.09 in MA”
Can't afford fries and a drink anymore.
Re: US employers add a surprisingly strong 275,000 jobs in sign of continued economic strength - DeusxMac - 03-16-2024
Mr645 wrote:
[quote=DeusxMac]
[quote=Mr645]
People also ask
How much is a Big Mac meal in California?
$18
Are you delusional or just pulling this stuff out of your @$$?
“BIG MAC
Price: $5.89, Min price: $4.19 in NC, Max price: $7.09 in MA”
Can't afford fries and a drink anymore.
OK, we understand now, it is out of your @$$.