Bump when these numbers move

Heat Miser wrote:

Robert J Sakimano wrote:Number of jobs added in July:

934,000

bump

Caution: Mainstream Media Link

Fake. Unemployment is really at 40% on account of the Jewish space lasers.

the Mio Chamber of Commerce welcomes you as their new Manager of Community Outreach.

Heat Miser wrote:

Robert J Sakimano wrote:
the Mio Chamber of Commerce welcomes you as their new Manager of Community Outreach.

Chinese thermostats have also flipped millions of unemployed to employed in the so-called "unemployment database". This has been proven on YouTube. The Pillow Guy is all over this & the truth WILL come out on a yet to be determined date that will be move back as necessary to facilitate additional evidence gathering and/or fundraising.

As insane as that is (and most of them know it) all you have to do is tell these idiots that one more person crossed the border illegally than when Trump was president.

number of points the Dow is currently up:

256.42

bump.

the percentage the Dow is up in 2021:

+13.81%

bump.

Bump

kingstonlake wrote:Bump

thanks for including "bump" this time.

Evergrande, China's 2nd largest commercial real estate development company owes over $300B.  There are warning of it defaulting as they are being refused loans to refinance their debt.  

Its worth watching because there are US commercial real estate companies that are facing legions of companies downsizing offices post COVID and malls, the power behind of the 70's, 80's and 90's commercial real estate continue to close or attempt to re-invent themselves.

GRR Spartan wrote:Evergrande, China's 2nd largest commercial real estate development company owes over $300B.  There are warning of it defaulting as they are being refused loans to refinance their debt.  

Its worth watching because there are US commercial real estate companies that are facing legions of companies downsizing offices post COVID and malls, the power behind of the 70's, 80's and 90's commercial real estate continue to close or attempt to re-invent themselves.

Yeah I heard that this morning. I immediately thought of how it may go down domestically.

Bump

Futures up 244

Bump

Dow down 350
NASDAQ 450

"bump"..

Unemployment rate: 4.8%

Bump.

That number isn't real Bob

So, that huge bump of people going back to work by kicking the people off unemployment never happened... I'm shocked I tell you.

AvgMSUJoe wrote:So, that huge bump of people going back to work by kicking the people off unemployment never happened... I'm shocked I tell you.

Exactly. I’m sure there are multiple factors.

kingstonlake wrote:That number isn't real Bob

you forgot the "bump".

Bump.

kingstonlake wrote:That number isn't real Bob

Bump...

Well...

over 500k more people working...

over 700k more people not unemployed...

LFPR pretty steady...

percent of population working goes up from 58.5% to 58.7% (with a population of about 330 Million that is about 660k)

The drop to 4.8% UE3 is very real...

Not to mention that because teachers and other educators go back to work in September there is a seasonal adjustment, the raw number for the increase in people working is more around 1.5 million more in September.

https://twitter.com/Neil_Irwin/status/1446454253984395264/photo/1

kingstonlake wrote:

thank you.

TrapperGus wrote:

kingstonlake wrote:That number isn't real Bob

Bump...

Well...

over 500k more people working...

over 700k more people not unemployed...

LFPR pretty steady...

percent of population working goes up from 58.5% to 58.7% (with a population of about 330 Million that is about 660k)

The drop to 4.8% UE3 is very real....

Not to mention that because teachers and other educators go back to work in September there is a seasonal adjustment, the raw number for the increase in people working is more around 1.5 million more in September.

https://twitter.com/Neil_Irwin/status/1446454253984395264/photo/1

I know it's real.

I just let message board folks message board.

https://www.axios.com/record-workers-quit-jobs-august-hospitality-ba20bb75-b891-4974-94ec-3ac53f3886c4.html

New government jobs data released Tuesday helps paint a clearer picture of the impact the Delta variant had on the stalled jobs recovery in August. In a nutshell, more people quit their jobs, and companies pulled back on job openings.

Why it matters: The number of new jobs created in August (366,000) was a stark slowdown from July’s 1 million — and a reality check for investors and economists.

This week's Job Openings and Labor Turnover Summary (JOLTS) report puts meat on the bones of how that played out.
By the numbers: The rate of quits increased to its highest level ever, at 2.9% of the workforce.

Layoffs remained at record lows as companies tried to hold on to employees — but notably, they pulled back on new job openings.
Total job openings receded to 10.4 million, from a record high 11 million in July.

The bottom line: "The tepid employment growth we have seen in recent months has been at least partially the result of a decline in hiring appetite. The question is whether this is a temporary speed bump due to a surge in COVID cases or if demand will continue to slacken in the months ahead," wrote Indeed Hiring Lab's Nick Bunker in a research note.

TrapperGus wrote:https://www.axios.com/record-workers-quit-jobs-august-hospitality-ba20bb75-b891-4974-94ec-3ac53f3886c4.html

New government jobs data released Tuesday helps paint a clearer picture of the impact the Delta variant had on the stalled jobs recovery in August. In a nutshell, more people quit their jobs, and companies pulled back on job openings.

Why it matters: The number of new jobs created in August (366,000) was a stark slowdown from July’s 1 million — and a reality check for investors and economists.

This week's Job Openings and Labor Turnover Summary (JOLTS) report puts meat on the bones of how that played out.
By the numbers: The rate of quits increased to its highest level ever, at 2.9% of the workforce.

Layoffs remained at record lows as companies tried to hold on to employees — but notably, they pulled back on new job openings.
Total job openings receded to 10.4 million, from a record high 11 million in July.

The bottom line: "The tepid employment growth we have seen in recent months has been at least partially the result of a decline in hiring appetite. The question is whether this is a temporary speed bump due to a surge in COVID cases or if demand will continue to slacken in the months ahead," wrote Indeed Hiring Lab's Nick Bunker in a research note.

I think it's a good thing.. the new labor movement. People are pretty sick of working in thankless conditions during a pandemic and getting verbally/physically assaulted by christians who think the virus is a hoax.

I'm no expert.. in fact, I'm a fucking idiot.. but if employers value employees, they'll pay them what they're worth and provide them a safe place to work.

bump.

Robert J Sakimano wrote:

TrapperGus wrote:https://www.axios.com/record-workers-quit-jobs-august-hospitality-ba20bb75-b891-4974-94ec-3ac53f3886c4.html

New government jobs data released Tuesday helps paint a clearer picture of the impact the Delta variant had on the stalled jobs recovery in August. In a nutshell, more people quit their jobs, and companies pulled back on job openings.

Why it matters: The number of new jobs created in August (366,000) was a stark slowdown from July’s 1 million — and a reality check for investors and economists.

This week's Job Openings and Labor Turnover Summary (JOLTS) report puts meat on the bones of how that played out.
By the numbers: The rate of quits increased to its highest level ever, at 2.9% of the workforce.

Layoffs remained at record lows as companies tried to hold on to employees — but notably, they pulled back on new job openings.
Total job openings receded to 10.4 million, from a record high 11 million in July.

The bottom line: "The tepid employment growth we have seen in recent months has been at least partially the result of a decline in hiring appetite. The question is whether this is a temporary speed bump due to a surge in COVID cases or if demand will continue to slacken in the months ahead," wrote Indeed Hiring Lab's Nick Bunker in a research note.

I think it's a good thing.. the new labor movement. People are pretty sick of working in thankless conditions during a pandemic and getting verbally/physically assaulted by christians who think the virus is a hoax.

I'm no expert.. in fact, I'm a fucking idiot.. but if employers value employees, they'll pay them what they're worth and provide them a safe place to work.

Wheel Inn in St Johns is selling/closing down. Apparently they couldn't find anyone to work for the $3 or $4/per hour that they pay waiters and waitresses.

Jake from State Farm wrote:

Robert J Sakimano wrote:
I think it's a good thing.. the new labor movement. People are pretty sick of working in thankless conditions during a pandemic and getting verbally/physically assaulted by christians who think the virus is a hoax.

I'm no expert.. in fact, I'm a fucking idiot.. but if employers value employees, they'll pay them what they're worth and provide them a safe place to work.

Wheel Inn in St Johns is selling/closing down. Apparently they couldn't find anyone to work for the $3 or $4/per hour that they pay waiters and waitresses.

yeah - imagine not wanting to work at below poverty wages while being exposed to a deadly virus during a time where MAGA customers are regularly verbally and physically assaulting frontline workers..

I mean, sounds like a pretty good gig to me.

Robert J Sakimano wrote:

Jake from State Farm wrote:

Wheel Inn in St Johns is selling/closing down. Apparently they couldn't find anyone to work for the $3 or $4/per hour that they pay waiters and waitresses.

yeah - imagine not wanting to work at below poverty wages while being exposed to a deadly virus during a time where MAGA customers are regularly verbally and physically assaulting frontline workers..

I mean, sounds like a pretty good gig to me.

problem is that those MAGA dudes are poor tippers

bump

Robert Reich
@RBReich
·
18h
In case you missed it, the wealthiest 1 percent of Americans now own a record-breaking one-third of all shares of stock, and the richest 10 percent own almost 90 percent of all shares.

Never in the history of this country has corporate wealth been more concentrated.

TrapperGus wrote:bump

Robert Reich
@RBReich
·
18h
In case you missed it, the wealthiest 1 percent of Americans now own a record-breaking one-third of all shares of stock, and the richest 10 percent own almost 90 percent of all shares.

Never in the history of this country has corporate wealth been more concentrated.

Reich is good follow on Twitter. And quite the cartoonist.

bump

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year’s coronavirus recession.

Jobless claims dropped by 14,000 to 269,000 last week. Since topping 900,000 in early January, the weekly applications have fallen more or less steadily ever since and are gradually moving toward prepandemic levels of around 220,000 a week.

US economy adds 531,000 jobs in October..

U.S. economy added 531,000 jobs last month

The unemployment rate fell to 4.6 percent, down from 4.8 percent in September.

Caution: Mainstream Media Link

bump

Robert J Sakimano wrote:US economy adds 531,000 jobs in October..

U.S. economy added 531,000 jobs last month

The unemployment rate fell to 4.6 percent, down from 4.8 percent in September.

Caution: Mainstream Media Link

bump

If you want a different place not to trust here is the link to the government release of these numbers.

On the first Friday of every month, unless it is the first day of the month in which case it is the second Friday, this link will show you the numbers at 8:30 AM Eastern Time.

https://www.bls.gov/news.release/empsit.nr0.htm

bump

Escalating wage growth remains a concern. “What we want to see is that balance between workers being able to maintain their incomes, but hopefully not so high that it contributes to an inflationary spiral,” Erickson said.

Recent productivity gains have so far helped companies offset the impact of paying higher wages on profit margins — one big reason the economy has so far been able to ward off an out-of-control inflationary wage-price spiral. “In my mind, productivity is driving growth right now,” said David Wagner, portfolio manager and analyst at Aptus Capital Advisors. “We’re becoming a more efficient nation.”

This is what they always say at this point in the employment cycle.

Beyond the top line employment numbers here are the most important sections of the employment report.

In October, average hourly earnings for all employees on private nonfarm payrolls increased
by 11 cents to $30.96, following large increases in the prior 6 months. Over the past 12
months, average hourly earnings have increased by 4.9 percent. In October, average hourly
earnings of private-sector production and nonsupervisory employees rose by 10 cents to
$26.26.

The average workweek for all employees on private nonfarm payrolls decreased by 0.1 hour to
34.7 hours. In manufacturing, the average workweek edged down by 0.1 hour to 40.3 hours, and
overtime edged down by 0.1 hour to 3.2 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls decreased by 0.1 hour to 34.1 hours.


The change in total nonfarm payroll employment for August was revised up by 117,000, from
+366,000 to +483,000, and the change for September was revised up by 118,000, from +194,000
to +312,000. With these revisions, employment in August and September combined is 235,000
higher than previously reported. (Monthly revisions result from additional reports received
from businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

TrapperGus wrote:

Robert J Sakimano wrote:US economy adds 531,000 jobs in October..



Caution: Mainstream Media Link

bump

If you want a different place not to trust here is the link to the government release of these numbers.

On the first Friday of every month, unless it is the first day of the month in which case it is the second Friday, this link will show you the numbers at 8:30 AM Eastern Time.

https://www.bls.gov/news.release/empsit.nr0.htm

bump

you're a great American.

bump.

Pandemic jobs reports expose data collection flaws

By the numbers: So far this year, the initial jobs number significantly undershot the final estimate except for one month (undershoot in that month was 3k), with an average of 99,000 in additional jobs per month subsequently added.

https://www.axios.com/covid-jobs-report-revisions-data-ddb916af-b040-48a1-871f-305238889ad0.html

So the headline numbers are giving the Republicans plenty to crow about, but the revisions are never mentioned by the press.

June
Headline - 850k  ---  Revision - 962k

July
Headline - 943k  ---  Revision - 1100k

August
Headline - 235 --- Revision - 483k

September
Headline - 194k --- Revision - 312k

All in all the jobs numbers have been really good.

bumpity bumpity bunp

TrapperGus wrote:Pandemic jobs reports expose data collection flaws

By the numbers: So far this year, the initial jobs number significantly undershot the final estimate except for one month (undershoot in that month was 3k), with an average of 99,000 in additional jobs per month subsequently added.

https://www.axios.com/covid-jobs-report-revisions-data-ddb916af-b040-48a1-871f-305238889ad0.html

So the headline numbers are giving the Republicans plenty to crow about, but the revisions are never mentioned by the press.

June
Headline - 850k  ---  Revision - 962k

July
Headline - 943k  ---  Revision - 1100k

August
Headline - 235 --- Revision - 483k

September
Headline - 194k --- Revision - 312k

All in all the jobs number have been really good.

the same people denigrating American job numbers are saying that the VA governor's race was a "landslide".. and "decisive".

Robert J Sakimano wrote:

TrapperGus wrote:Pandemic jobs reports expose data collection flaws

By the numbers: So far this year, the initial jobs number significantly undershot the final estimate except for one month (undershoot in that month was 3k), with an average of 99,000 in additional jobs per month subsequently added.

https://www.axios.com/covid-jobs-report-revisions-data-ddb916af-b040-48a1-871f-305238889ad0.html

So the headline numbers are giving the Republicans plenty to crow about, but the revisions are never mentioned by the press.

June
Headline - 850k  ---  Revision - 962k

July
Headline - 943k  ---  Revision - 1100k

August
Headline - 235 --- Revision - 483k

September
Headline - 194k --- Revision - 312k

All in all the jobs number have been really good.

the same people denigrating American job numbers are saying that the VA governor's race was a "landslide".. and "decisive".

Oh ya - 50.6% verses 48.6% is a huge victory

Wait... media is telling us the economy is a wreck cause of biden's inflation...

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