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Another strong jobs report

Discussion in 'Too Hot for Swamp Gas' started by tampagtr, Jan 5, 2024.

  1. tampagtr

    tampagtr VIP Member

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    What to say.

     
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  2. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    More importantly wage growth vs inflation has been positive for the last few months. Employment is good, employment that puts money in your pocket is better.
     
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  3. ThePlayer

    ThePlayer VIP Member

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    More government and health care jobs to take care of illegal immigrants.
    Wait for the pending revisions just like the last 2 months.
     
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  4. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    Link to the job industries?
     
  5. ThePlayer

    ThePlayer VIP Member

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    "The hiring boost came from a gain of 52,000 in government jobs and another 38,000 in health care-related fields such as ambulatory
    health-care services and hospitals.
    Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. October also was revised lower, to 105,000 from
    150,000, indicating a slightly less robust picture for growth in the fourth quarter."

    https://www.cnbc.com/2024/01/05/jobs-report-december-2023-payrolls-increased-by-216000-in-december.html#:~:text=The hiring boost came from,for 0.3% and 3.9%.
     
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  6. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Sounds like great jobs…. I bet you miss the days of claiming it’s all “part time burger flipper jobs” back when Obama was Prez.
     
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  7. ThePlayer

    ThePlayer VIP Member

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    It's a continuation of Americans holding multiple jobs just to make ends meet.
    Under Obamacare employers had to provide coverage for full time employees.
    How did they respond? By limiting the hours worked and that has continued
    through the Biden Administration.
     
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  8. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Your opinion isn't consistent with reality. Obamacare passed in 2010 and didn't take effect until 2014.... show me on the charts this great rise in part time and multiple jobs you speak of... The number of part time workers and multiple part time job holders are about the same now as they were in 2009/2014... FACT.

    upload_2024-1-5_10-7-35.png

    upload_2024-1-5_10-12-45.png
     
    Last edited: Jan 5, 2024
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  9. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Here is hours worked ... looks better than in 2010 and the same as 2014.... damn you Obamacare!

    upload_2024-1-5_10-18-48.png
     
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  10. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    All these good jobs reports must really suck for you.
     
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  11. ThePlayer

    ThePlayer VIP Member

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    I'll let you know after the next revision.
     
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  12. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    The increase in hours worked during the pandemic is interesting. It's the same deal as average wages going up during the pandemic. Lower level service jobs dropped out, leaving a higher percentage of full time jobs in the mix.
     
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  13. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Good luck. Even with all those revisions the economy still gained 2.7 million jobs in 2023.
     
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  14. mdgator05

    mdgator05 Premium Member

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    A higher proportion of workers today are fulltime than were in 2013, prior to ACA implementation. Why do you suppose that is?

    [​IMG]
     
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  15. Gator40

    Gator40 Avada Kedavra

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    Crickets.
     
  16. duggers_dad

    duggers_dad GC Hall of Fame

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  17. VAg8r1

    VAg8r1 GC Hall of Fame

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    Not exactly a credible source.
    Zero Hedge (or ZeroHedge)[a] is a far-right[13] libertarian[18] financial blog and news aggregator.[14][15][19] Zero Hedge, per its motto, is bearish in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economics and credit cycles.[23] While often labeled as a financial permabear,[24][25] Zero Hedge has also been described as a source of "cutting-edge news, rumors and gossip in the financial industry".[26]

    Over time, Zero Hedge expanded into non-financial political content,[c] including conspiracy theories and fringe rhetoric[3][28] advancing radical right,[15][29] alt-right,[30][31][32] and pro-Russia positions.[1][33][34][35] Zero Hedge's non-financial commentary has led to multiple site bans by global social media platforms, although its 2019 Facebook ban[36][37] and 2020 Twitter ban were later reversed.[15][38] Zero Hedge in-house content is posted under the pseudonym "Tyler Durden"; the founder and main editor was identified as Daniel Ivandjiiski.[27]

    Ivandjiiski decided that he, and all other Zero Hedge contributors, would blog under the collective pseudonym "Tyler Durden" (a character from the book Fight Club). Zero Hedge was immediately popular, growing its traffic of monthly user sessions to over 1 million in its first year (by 2018 it would be over 40 million monthly user sessions, and ranked as the 507th largest website in the U.S.[8][9][10]). In March 2011, Time magazine ranked Zero Hedge as 9th in its 25 Best Financial Blogs.[11]

    The New Republic and New York magazine have identified Daniel Ivandjiiski as the founder of Zero Hedge.[1][7] The New York article made assertions regarding Ivandjiiski's background, particularly his Bulgarian citizenship, his FINRA charge and lifetime ban from securities trading, and his father, Krassimir Ivandjiiski's, own controversial news and political website, Strogo Sekretno (Bulgarian: Строго секретно; English "Top Secret"),[a] and Krassimir's position in the pre-1990 Bulgarian-Soviet administration".[7]
     
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  18. citygator

    citygator VIP Member

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    Charlotte
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  19. citygator

    citygator VIP Member

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    Charlotte
    Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, according to the “third” estimate.

    Numbers Trump promised but Biden delivered

    IMG_0453.jpeg
     
    Last edited: Jan 6, 2024
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  20. homer

    homer GC Hall of Fame

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    Positive reports are something I’ll take no matter who the president is.

    The health of America is more important than my opinion about any president.

    I’m curious if the uptick in covid, flu, and respiratory cases was a reason for the increase in healthcare related jobs? Saw last night on the news that 18 states are requiring masks in some areas, mostly hospitals. Seems to be more in the north eastern states if I remember correctly?
     
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