U.S. Market Remains Hot, Adds 272,000 Positions In May,

0311

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Nov 8, 2022
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The new Jobs Report is out and the ReNaziKlans ain't going to like it.


The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing crusade against inflation.

The data, published Friday by the Bureau of Labor Statistics, offers a counterpoint to some employment market indicators that had shown signs of slowing as recently as this week. Economists had expected the economy to add 190,000 jobs, according to a Dow Jones survey.


A long feared substantial slowdown in hiring has yet to show up,” Bankrate Senior Economic Analyst Mark Hamrick said in a statement Friday.
 
The new Jobs Report is out and the ReNaziKlans ain't going to like it.


The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing crusade against inflation.

The data, published Friday by the Bureau of Labor Statistics, offers a counterpoint to some employment market indicators that had shown signs of slowing as recently as this week. Economists had expected the economy to add 190,000 jobs, according to a Dow Jones survey.


A long feared substantial slowdown in hiring has yet to show up,” Bankrate Senior Economic Analyst Mark Hamrick said in a statement Friday.
Republicans will still continue to lie about the economy being 'bad.'
 
Maybe all those jobs are related to taking care of illegal aliens but fast food places in Ca. are going out of business because they can't afford the mandatory socialist based minimum wages.
 
Only think Biden operates better than a bike is the US Economy! Thanks Biden.

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Republicans will still continue to lie about the economy being 'bad.'
hey jonsey.....many people dont agree with you saying its doing great...people dont care what the govt says....they see how much they have left after they pay their bills and buy groceries...sorry but that counts more than what DC says....
 
Joe did release the oil last week.
No. Congress closed the northeast gas reserve last week by cutting the budget. However, Joe did lead an economy that is a record setting jobs market.
 
Maybe all those jobs are related to taking care of illegal aliens but fast food places in Ca. are going out of business because they can't afford the mandatory socialist based minimum wages.
If you actually lived in SoCal, you wouldn't notice. Some intersections/corners have 4 or 5 or even 7 fast food places -- some being combo-stores. But I guess more people are still being hired. You consider that a bad thing. How sad.
 
The new Jobs Report is out and the ReNaziKlans ain't going to like it.


The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing crusade against inflation.

The data, published Friday by the Bureau of Labor Statistics, offers a counterpoint to some employment market indicators that had shown signs of slowing as recently as this week. Economists had expected the economy to add 190,000 jobs, according to a Dow Jones survey.


A long feared substantial slowdown in hiring has yet to show up,” Bankrate Senior Economic Analyst Mark Hamrick said in a statement Friday.
The majority of those jobs went to illegals. Try the truth.
 

Unemployment jumps to 4 percent with 408,000 fewer Americans reporting having jobs as air continues to come out of Biden economy​


408,000 fewer Americans reported being employed as the U.S. unemployment rate rose to 4 percent in May, according to the latest data compiled by the Bureau of Labor Statistics’ household survey.

That accounts for 783,000 fewer Americans reporting they have jobs since Nov. 2023 when employment peaked at 161.86 million. Now it’s down to 161.08 million.

In the meantime, unemployment is up to 6.6 million from its April 2023 low of 5.7 million, an increase of more than 900,000. That includes an increase of 157,000 more unemployed in the past month along.

Overall, the unemployment rate itself is now noticeably above its April 2023 low of 3.4 percent, coming in at 4 percent now, its highest level since Nov. 2021. That’s likely not great news for President Joe Biden amid his 2024 reelection bid against former President Donald Trump.
 

Unemployment jumps to 4 percent with 408,000 fewer Americans reporting having jobs as air continues to come out of Biden economy​


408,000 fewer Americans reported being employed as the U.S. unemployment rate rose to 4 percent in May, according to the latest data compiled by the Bureau of Labor Statistics’ household survey.

That accounts for 783,000 fewer Americans reporting they have jobs since Nov. 2023 when employment peaked at 161.86 million. Now it’s down to 161.08 million.

In the meantime, unemployment is up to 6.6 million from its April 2023 low of 5.7 million, an increase of more than 900,000. That includes an increase of 157,000 more unemployed in the past month along.

Overall, the unemployment rate itself is now noticeably above its April 2023 low of 3.4 percent, coming in at 4 percent now, its highest level since Nov. 2021. That’s likely not great news for President Joe Biden amid his 2024 reelection bid against former President Donald Trump.

Hilarious take. You guys will believe anything.

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