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US economy added 254,000 jobs in September, logging surprisingly robust growth


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Posted

Sure did!!unemployment at 4.1% stockmarket booming inflation almost to the 2% target wages outpacing inflation by 2% things are indeed looking up.I know that disappoints many posters who are hoping we fail…….oh well guess we will just keep chugging along!

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Posted
10 hours ago, Tug said:

Sure did!!unemployment at 4.1% stockmarket booming inflation almost to the 2% target wages outpacing inflation by 2% things are indeed looking up.I know that disappoints many posters who are hoping we fail…….oh well guess we will just keep chugging along!

Not to mention 2 to 3 times more GDP growth than other comparable countries!

https://commonslibrary.parliament.uk/research-briefings/sn02784/

312eec5b-e136-4165-b381-c86ff3acc9e8.png

34e5b0aa-7a37-4d75-b39a-5477b0f6b65a.png

Posted

Yes, these numbers are good. I hope they hold up and are not revised downwards next month. A good economy, with people employed throughout its sectors, helps every American. Better to be in the American economy than than anywhere in Europe.

Posted
32 minutes ago, John Drake said:

Yes, these numbers are good. I hope they hold up and are not revised downwards next month. A good economy, with people employed throughout its sectors, helps every American. Better to be in the American economy than than anywhere in Europe.

Unless you're too poor to be able to afford healthcare and get sick.

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Posted
7 minutes ago, impulse said:

Still hasn't caught up to Pre-Covid numbers for native born workers.  Over a million jobs below the peak before Covid.  I'm not seeing the good news for native born 'Muricans.

 

NativeBorn.jpg.59e23be219a9ebc8440079ca431a7104.jpg

 

https://fred.stlouisfed.org/series/LNU02073413

 

 

 

 

 

 

We'd be well above that now if someone semi-competent was in charge when Covid hit. Instead there was Donald Trump and it'd be hard to come up with a worse person for the job. Like really, really hard.

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Posted
1 hour ago, impulse said:

Still hasn't caught up to Pre-Covid numbers for native born workers.  Over a million jobs below the peak before Covid.  I'm not seeing the good news for native born 'Muricans.

 

NativeBorn.jpg.59e23be219a9ebc8440079ca431a7104.jpg

 

https://fred.stlouisfed.org/series/LNU02073413

 

 

 

 

 

 

It seems you are dreaming numbers now. 😃

From your source:

September 2024 is 130,662

The last two months before Covid:

Jan 2020: 129,928

Feb 2020: 130,320

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Posted (edited)
1 hour ago, candide said:

It seems you are dreaming numbers now. 😃

From your source:

September 2024 is 130,662

The last two months before Covid:

Jan 2020: 129,928

Feb 2020: 130,320

 

Gosh.  If you want to play pick-a-month, how about this past year... 

 

Native born Americans have lost 825,000 jobs in the past 12 months, (130,632K - 131,457K).  And that's before the downward adjustment that they've had to make in 16 of the last 17 reported months. Probably closer to 1 million lost after they quietly revise it down.  Again.

 

Native1yr.jpg.67ea90ec1f0c0799f24e7d62404dbd0d.jpg

https://fred.stlouisfed.org/series/LNU02073413

 

And there are 485,000 fewer fulltime jobs (Native and immigrant) than there were a year ago, (133,660K - 134,145K)   Probably even more lost after the coming downward revision.

 

FullTime1r.jpg.12c4f4ec81484b11d309330b91d90344.jpg

 https://fred.stlouisfed.org/series/LNS12500000

 

Fewer jobs for 'Muricans, and fewer full time jobs (with benefits, health insurance and other perks)  for everyone.  It's tough to live the American dream, including home ownership on a P/T job with no bennies, or job security.

 

That's some red hot economy your team is presiding over. 

 

Edited by impulse
Posted
9 minutes ago, impulse said:

 

Gosh.  If you want to play pick-a-month, how about this past year... 

 

Native born Americans have lost 825,000 jobs in the past 12 months, (130,632K - 131,457K).  And that's before the downward adjustment that they've had to make in 16 of the last 17 reported months. Probably closer to 1 million lost after they quietly revise it down.  Again.

 

Native1yr.jpg.67ea90ec1f0c0799f24e7d62404dbd0d.jpg

https://fred.stlouisfed.org/series/LNU02073413

 

And there are 485,000 fewer fulltime jobs (Native and immigrant) than there were a year ago, (133,660K - 134,145K)   Probably even more lost after the coming downward revision.

 

FullTime1r.jpg.12c4f4ec81484b11d309330b91d90344.jpg

 https://fred.stlouisfed.org/series/LNS12500000

 

Fewer jobs for 'Muricans, and fewer full time jobs (with benefits, health insurance and other perks)  for everyone.  It's tough to live the American dream, including home ownership on a P/T job with no bennies, or job security.

 

That's some red hot economy your team is presiding over. 

 

Lol! It's you who plays pick a month, 😃

Posted (edited)
33 minutes ago, impulse said:

 

Gosh.  If you want to play pick-a-month, how about this past year... 

Given that you were the one that started picking months (and getting it wrong) why shouldn't he?

Edited by Inderpland
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