Joe Biden's Booming Labor Market Does it Again !!!!

I don't know why they raised the federal fund rate the other day. Inflation has been coming down for months now.
The economy is still too strong. If they ease up at all, that's a bigger risk than increasing rates a bit. A lot of this is just market psychology too.

Inflation is a killer, and the Fed has made the decision that killing it has to take precedence over the economy and even job growth.

It waited FAR too long to increase rates, and now it's trying to play catch-up. That's wrecked several banks.
 
You have to go back to October 1953 to find a lower unemployment rate than April's 3.4%. That is nearly 70 years ago!
 
Only a democrat would be happy that millions of workers dying during covid and millions more retiring early and leaving the work force was a good thing, just because they could lie about using the numbers from replacement or forcing them back to work due to inflation, including counting the businesses moving out of one region into job openings at another area "new jobs"? No, relocated jobs, robbing Peter to Pay Paul.
DUPES!
 
Only a democrat would be happy that millions of workers dying during covid and millions more retiring early and leaving the work force was a good thing, just because they could lie about using the numbers from replacement or forcing them back to work due to inflation, including counting the businesses moving out of one region into job openings at another area "new jobs"? No, relocated jobs, robbing Peter to Pay Paul.
DUPES!
Gibberish, Gibberish, blah, blah, blah, Democrats, Gibberish.....


PRAISE BIDEN!!!!!
 
President Joe Biden's economy is a powerhouse for the American people. No wonder Republicans are doing everything they can think of to trash it.

US adds 253,000 jobs in April, exceeding expectations

The U.S. economy added 253,000 jobs in April, surpassing analyst forecasts of 180,000 new jobs, according to Labor Department data released Friday.

The unemployment rate remained historically low at 3.4 percent, down from 3.5 percent the previous month.

The jobs report reveals that the economy is slowing, but the labor market remains surprisingly robust.

The unemployment rate for Black Americans dipped slightly to 4.7 percent, a record low. That’s a huge recovery from the onset of the pandemic, when the Black unemployment rate spiked to 16.8 percent in May 2020.

Wage gains also came in slightly stronger than expected. Hourly earnings rose 0.5 percent in April and are up 4.4 percent over the last 12 months.

“Once again, the job market has turned heads with its resilience,” Bankrate senior economic analyst Mark Hamrick said in a note.
its good to see that the economy Trump built is resilient ...even under Joe Bribens sell out rule .. but i'm afraid it wont last ... people ARE cutting back and eventually the economy will react . for example gdp growth for the 1st quarter was only 1.1% .
 
President Joe Biden's economy is a powerhouse for the American people. No wonder Republicans are doing everything they can think of to trash it.

US adds 253,000 jobs in April, exceeding expectations

The U.S. economy added 253,000 jobs in April, surpassing analyst forecasts of 180,000 new jobs, according to Labor Department data released Friday.

The unemployment rate remained historically low at 3.4 percent, down from 3.5 percent the previous month.

The jobs report reveals that the economy is slowing, but the labor market remains surprisingly robust.

The unemployment rate for Black Americans dipped slightly to 4.7 percent, a record low. That’s a huge recovery from the onset of the pandemic, when the Black unemployment rate spiked to 16.8 percent in May 2020.

Wage gains also came in slightly stronger than expected. Hourly earnings rose 0.5 percent in April and are up 4.4 percent over the last 12 months.

“Once again, the job market has turned heads with its resilience,” Bankrate senior economic analyst Mark Hamrick said in a note.

Pretty amazing. Meanwhile, they're having a stroke over at the Fed.

Complicated as hell. What do they do now?

You dipshits fell for it AGAIN! LOL!

They sharply "revised" the previous two months DOWN. But it's okay, they'll lie to you again next month, and you'll lick it up again, like the retards you are:

 
its good to see that the economy Trump built is resilient ...even under Joe Bribens sell out rule .. but i'm afraid it wont last ... people ARE cutting back and eventually the economy will react . for example gdp growth for the 1st quarter was only 1.1% .
List the actions Trump took to create today's economy, Rube. 🤣

Or are you referring to him killing a half million Americans?
 
hey all you biden people.....when will it not cost me 140 dollars at the market to buy things that used to cost around 80 -90 bucks for the same stuff?.....just asking....
 
President Joe Biden's economy is a powerhouse for the American people. No wonder Republicans are doing everything they can think of to trash it.

US adds 253,000 jobs in April, exceeding expectations

The U.S. economy added 253,000 jobs in April, surpassing analyst forecasts of 180,000 new jobs, according to Labor Department data released Friday.

The unemployment rate remained historically low at 3.4 percent, down from 3.5 percent the previous month.

The jobs report reveals that the economy is slowing, but the labor market remains surprisingly robust.

The unemployment rate for Black Americans dipped slightly to 4.7 percent, a record low. That’s a huge recovery from the onset of the pandemic, when the Black unemployment rate spiked to 16.8 percent in May 2020.

Wage gains also came in slightly stronger than expected. Hourly earnings rose 0.5 percent in April and are up 4.4 percent over the last 12 months.

“Once again, the job market has turned heads with its resilience,” Bankrate senior economic analyst Mark Hamrick said in a note.

List the actions Trump took to create today's economy, Rube. 🤣

Or are you referring to him killing a half million Americans?
list Briben Bidens policies that spurred the economy ... and what do you mean Trump killed half a million Americans ?
 

Forum List

Back
Top