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Jobs report

Old Glory

Legendary
Founder
Joined
Jan 8, 2021
Messages
1,329
Holy fuck, that was bad. This is Biden's America. Better to stay home then work.

Payrolls miss expectations by a mile


The Labor Department reported a shockingly lower-than-expected 266,000 rise in nonfarm payrolls in April. While in normal times that would be a good reading, it compared to expectations of around 1 million.

Another surprise came in that the unemployment rate rose, to 6.1% from 6%.
 

poke2001

Poster
Founder
Joined
Jan 9, 2021
Messages
149
Payrolls miss expectations by a mile


The Labor Department reported a shockingly lower-than-expected 266,000 rise in nonfarm payrolls in April. While in normal times that would be a good reading, it compared to expectations of around 1 million.

Another surprise came in that the unemployment rate rose, to 6.1% from 6%.
The increase in unemployment rate may be positive news. It means a few people actually started looking for work again.
 

skramer100

Elite
Founder
Joined
Dec 9, 2020
Messages
1,224
Payrolls miss expectations by a mile


The Labor Department reported a shockingly lower-than-expected 266,000 rise in nonfarm payrolls in April. While in normal times that would be a good reading, it compared to expectations of around 1 million.

Another surprise came in that the unemployment rate rose, to 6.1% from 6%.
The unemployment rate is crazy. How the fuck are we going up?
 

Tell_Sackett

Poster
Joined
Jan 9, 2021
Messages
170
The market may flip this report on its head and end in the green. This just means more morphine for the cancer patient. Fed officials already coming out and justifying their extremely loose monetary policy.
 

Jtrain80

Legendary
Joined
Jan 7, 2021
Messages
3,493
Help wanted signs everywhere and no one willing to work. Taking less to stay home and getting free stuff from charitable orgs makes it too easy to not get a job.

Huge issue here in Oklahoma. Service is terrible everywhere you go, they apologize and say they cant fill a full roster.

If the company is large and requires drug testing, it is even worse. Medical marijuana has knocked many out of the eligible pool of workers.
 

Hoosier in Mad Town

Moderator
Moderator
Founder
Joined
Dec 9, 2020
Messages
1,367
Need more illegals to "do the jobs Americans won't do."

Almost like it's by design.
iu
 

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