Post-Corona Economy
Post-Corona Economy
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Job creation short of expectations
Disappointing news. Which is good for the market since it will keep rates low.Nonfarm payrolls increased 559,000 in May, below the 671,000 estimate.
The unemployment rate fell to 5.8%, slightly better than expected and below April’s 6.1%.
...
An alternative measure of unemployment that includes discouraged workers and those holding parttime jobs for economic reasons edged lower to 10.2%.
...
The employment- to-population ratio, which some Fed officials have cited as an important gauge of labor progress, inched higher to 58% but remained well short of its pre-pandemic level of 61.1%.
...
The economy grew at a 6.4% pace in the first quarter and is on track to accelerate at a 10.3% pace in the second quarter, according to the latest reading from the Federal Reserve in Atlanta.
But the U.S. jobs level is still about 7 million shy of where it was pre-pandemic, a situation Fed officials repeatedly have cited as justification for keeping policy easy.
It's not me, it's someone else.
Post-Corona Economy
Interesting.
CNN's headline on the same story: "US labor market recovery picks up steam, adding 559,000 jobs in May"
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
It is and they get into the negative part in the second paragraph of the article. However, we all know if an R was president we all know the headline would have focused on the negative. In fact, I'm guessing FOX's headline on this topic probably does focus on the negative side?
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Leisher wrote: ↑Fri Jun 04, 2021 11:16 am It is and they get into the negative part in the second paragraph of the article. However, we all know if an R was president we all know the headline would have focused on the negative. In fact, I'm guessing FOX's headline on this topic probably does focus on the negative side?
Jobs report falls short as benefits encourage workers to stay home
It's not me, it's someone else.
Post-Corona Economy
HA! So fucking predictable.
I will never stop screaming that we need a real option for unbiased news coverage to replace these propaganda machines.
I will never stop screaming that we need a real option for unbiased news coverage to replace these propaganda machines.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
The mission of the "news" is not to keep people informed. The mission is to raise ad revenue.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
Lumber coming back down to earth, has a ways to go.
It's not me, it's someone else.
Post-Corona Economy
Stay high for another month or two!
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
I'm glad I did most of my house refurb projects between 2015 and 2019.
"Be bold, and mighty forces will come to your aid."
Post-Corona Economy
Zing!
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Low income people lost lots of jobs. High income people didn't. They gained a bit.
It's not me, it's someone else.
Post-Corona Economy
That's a pretty large "duh?".
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Key indicators that the economy is recovering.
Covid might have taught employees to stand up for themselves and demand more...or it didn't.
Covid might have taught employees to stand up for themselves and demand more...or it didn't.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Post-Corona Economy
Well, as long as the labor market is tight, it has. But once things change...
It's not me, it's someone else.
Post-Corona Economy
Things will gravitate right back to the bottom, like it did the first time .
The labor market, I mean. If people are willing to work for minimum wage, MW won't change
The labor market, I mean. If people are willing to work for minimum wage, MW won't change
"Be bold, and mighty forces will come to your aid."