Unemployment rate remains below 4% for the 27th consecutive month

[IM2]

When all you read is stuff like the gateway pundit or some amateur playing reporter on twitterx, you get told how terrible things are. But the reality is more like what you are about to read.

Unemployment rate remains below 4% for the 27th consecutive month​

Expectations heading into this morning showed projections of about 240,000 new jobs having been added in the United States in April. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market didn’t manage to do quite that well. CNBC reported:

The U.S. economy added fewer jobs than expected in April while the unemployment rate rose, reversing a trend of robust job growth that had kept the Federal Reserve cautious as it looks for signals on when it can start cutting interest rates. Nonfarm payrolls increased by 175,000 on the month, below the 240,000 estimate from the Dow Jones consensus.

In addition to the top-line data, we also learned that wage growth continued to outpace inflation. The unemployment rate, meanwhile, inched a little higher in new report, from 3.8% to 3.9%, though it’s worth emphasizing that the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the United States since the 1960s.

Unemployment rate remains below 4% for the 27th consecutive month

Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the U.S. since the 1960s.

www.msnbc.com

 

[excalibur]

We'll start with California.

California Reveals All Job Gains In 2023 Were Fake

The lies about the Biden jobs numbers are coming home to roost. And it is ugly. How we aren't in a recession is a wonderment. In the past year we have discussed on multiple occasions that US labor market data has been repeatedly doctored to artificially appear better than it really is (see...

www.usmessageboard.com

 

[excalibur]

Next, the Philadelphia Fed.

The Cold Reality of Bidenomics And The Jobs Market: Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 (All New Jobs Over ...

So, more Biden lies and trickery. More malfeasance by the MSM. What good is the MSM? It is useless, they are nothing but propagandists for Biden and the Democrats. The Cold Reality of Bidenomics And The Jobs Market: Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 (All...

www.usmessageboard.com

 

[keepitreal]

When all you read is stuff like the gateway pundit or some amateur paying reporter on twitterx, you get told how terrible things are. But the reality is more like what you are about to read.

Unemployment rate remains below 4% for the 27th consecutive month​

Expectations heading into this morning showed projections of about 240,000 new jobs having been added in the United States in April. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market didn’t manage to do quite that well. CNBC reported:


In addition to the top-line data, we also learned that wage growth continued to outpace inflation. The unemployment rate, meanwhile, inched a little higher in new report, from 3.8% to 3.9%, though it’s worth emphasizing that the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the United States since the 1960s.

Unemployment rate remains below 4% for the 27th consecutive month

Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the U.S. since the 1960s.

www.msnbc.com

_In April and May alone, 30 companies in Illinois announced either plant closures or mass layoffs

I just found employment week before last after being unemployed since May 2023
I have to travel 3 hours there and back, but it is what it is
I got my first check Fri., it was only for 3 days because we were in the middle of the 2nd half of the pay period
when I was scheduled...the employer alone paid $53.00 in taxes implemented 2 or 3 years ago

Employers now pay what employees pay + the taxes they were already paying based on annual earnings
Employees and employers pay into a newly created FUI and SUI fund
Don't know if that's just here, doubt it though

 

[Captain Caveman]

We'll start with California.

California Reveals All Job Gains In 2023 Were Fake

The lies about the Biden jobs numbers are coming home to roost. And it is ugly. How we aren't in a recession is a wonderment. In the past year we have discussed on multiple occasions that US labor market data has been repeatedly doctored to artificially appear better than it really is (see...

www.usmessageboard.com

Put low unemployment into the larger picture; why are more people strapped for money and credit card debt at a record high?

 

[Dekster]

Labor force participation rate was down 2/10ths last month and still has never recovered to pre-pandemic levels. That isn't "Gateway Pundit"; it is the St. Louis fed

 

[sparky]

IM2 found stats he agrees with! ~S~

 

[Harpy Eagle]

Labor force participation rate was down 2/10ths last month and still has never recovered to pre-pandemic levels. That isn't "Gateway Pundit"; it is the St. Louis fed

More people are retiring.

The core working age LFPR is at 20 year highs.

 

[JGalt]

When all you read is stuff like the gateway pundit or some amateur playing reporter on twitterx, you get told how terrible things are. But the reality is more like what you are about to read.

Unemployment rate remains below 4% for the 27th consecutive month​

Expectations heading into this morning showed projections of about 240,000 new jobs having been added in the United States in April. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market didn’t manage to do quite that well. CNBC reported:


In addition to the top-line data, we also learned that wage growth continued to outpace inflation. The unemployment rate, meanwhile, inched a little higher in new report, from 3.8% to 3.9%, though it’s worth emphasizing that the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the United States since the 1960s.

Unemployment rate remains below 4% for the 27th consecutive month

Though job growth cooled a bit in April, the jobless rate has now been below 4% for 27 consecutive months — a streak unseen in the U.S. since the 1960s.

www.msnbc.com

Of course the unemployment rate isn't rising now. We just inherited 10 million more illegals under Biden. That accounts for about half of the labor market’s growth between January 2023 and January 2024.

https://www.washingtonpost.com/business/2024/02/27/economy-immigration-border-biden/

The "Great Replacement" is real, and you black folks are the ones being replaced. I'd sure as hell hate to be a black person looking for a job or a place to rent right now.

 

[Harpy Eagle]

Of course the unemployment rate isn't rising now. We just inherited 10 million more illegals under Biden. That accounts for about half of the labor market’s growth between January 2023 and January 2024.

https://www.washingtonpost.com/business/2024/02/27/economy-immigration-border-biden/

The "Great Replacement" is real, and you black folks are the ones being replaced. I'd sure as hell hate to be a black person looking for a job or a place to rent right now.