Welcome to the Utopia Forums! Register a new account
The current time is Fri Jul 04 09:23:43 UTC 2025
Utopia Talk / Politics / New Jobs Report.
Hot Rod
rank | Fri Nov 02 14:37:24 2018 Foxy NEWS 250,000 jobs created in October. WOW WOW WOW WOW WOW THAT IS A LOT OF NEW JOBS. And before you ask, no. I was not one of them. |
Spam Rod
rank | Fri Nov 02 14:47:38 2018 Spammmmmmmmmmmmmmmmmm spammmmmmmmmm spammmmmmmmmmmmmmmmmm |
Hot Rod
rank | Fri Nov 02 14:50:07 2018 Varney just said that we had a 3.1% average job growth over the last 12 months. |
werewolf dictator
rank | Fri Nov 02 15:03:13 2018 U.S. adds 250,000 jobs in October, wages rise at fastest pace in more than nine years By Jeffry Bartash Published: Nov 2, 2018 8:30 am ET Wages climb 3.1% in past 12 months due to red-hot jobs market http://www...F4-DE00-11E8-852A-631B6AB313B9 The numbers: The rapidly growing economy generated a robust 250,000 new jobs in October, keeping the unemployment rate at a 48-year low and pushing the increase in worker pay to the highest level in more than nine years. Economists polled by MarketWatch had forecast a 208,000 increase in new nonfarm jobs. Yet another strong month of hiring kept the unemployment rate at 3.7%, the lowest rate since 1969. The creation of more than 20 million jobs since 2010 and the plunging unemployment rate are also delivering higher take-home pay for workers. The amount of money the average employee earns rose 0.2% last month to $27.30 an hour, the government said Friday. The result: The increase in pay over the past 12 months climbed to 3.1% from 2.8%, touching 3% for the first time since the end of the Great Recession in mid-2009. |
Hrothgar
rank | Fri Nov 02 15:52:29 2018 They are excellent numbers - but remember they are being built upon the back of the atrocious deficit spending. Especially the tax cuts for corps and the richest people who run those businesses. That is a recipe for a coming economic disaster of large inflation (to pay the debts), but fed without room to stimulate the economy or fight the inflation. |
Hot Rod
rank | Fri Nov 02 23:38:01 2018 If the economy stimulated any more Florida would break off from our continent and end up plugging the Straits of Gibraltar. |
Rugian
rank | Fri Nov 02 23:39:51 2018 Countdown to tw accusing Trump of faking this report for the midterms: 5...4...3... |
hood
rank | Fri Nov 02 23:42:46 2018 "The amount of money the average employee earns rose 0.2%" Absolutely meaningless statistic. Median wage >>>>>>>>> average wage and it isn't even close. |
Rugian
rank | Fri Nov 02 23:42:49 2018 Also...Employment is coming |
tumbleweed
rank | Sat Nov 03 00:40:44 2018 October 2015 jobs report: +307,000 |
kargen
rank | Sat Nov 03 00:48:54 2018 "The U.S. economy added 271,000 new jobs in October, and the unemployment rate fell to 5%, according to data released Friday morning by the Bureau of Labor Statistics." That is October 2015. |
tumbleweed
rank | Sat Nov 03 01:34:54 2018 it was revised upwards later however 271 still > 250 yet, when it's under Trump its 'amazing', 'no one thought possible', 'never before seen' |
werewolf dictator
rank | Sat Nov 03 02:01:31 2018 250k jobs added in 2018 is more amazing than 271k jobs added 2015.. when economists think you are over full employment in 2018 [~3.7% unemployment].. but were under full employment in 2015 [unemployment would be somewhere around 5% and 5.8% depending on month] |
werewolf dictator
rank | Sat Nov 03 02:05:03 2018 3.1% increase in hourly wages in year is [even after inflation] 0.9% real increase.. this is when democrats complain real wages are down over 4+ decades since richard nixon.. |
werewolf dictator
rank | Sat Nov 03 02:08:51 2018 which is more amazing.. increasing speed of car 10 km/h when experts say you are going faster than should be theoretical limit.. or increasing speed of car 11 km/h when experts say you are still going slow and should be able to get car going much faster.. |
Dukhat
rank | Sat Nov 03 02:41:02 2018 Overgeneralizing one data point. Not only do presidents not affect the economy that much; this is still Obama's economy and a continuation of that recovery. The real damage is when the business cycle plays itself out and it turns out we spent trillions to pad the pockets of the super rich and have less ability to create stimulus whether they be tax cuts or spending. It's why virtually no economists supported the tax scam and why no major businesses said they would hire in response to it as well. Trump's the same shit as Bush and your arguments are the same shortsighted shit arguments Bush supporters used back then too. |
werewolf dictator
rank | Sat Nov 03 02:57:37 2018 i argued in "Deficit Balloons to $779 Billion" that trump grew gdp by extra ~$275 billion.. versus grew deficit by $113 billlion in fy 2018.. and that this reduces debt-to-gdp ratio as long as that debt-to-gdp ratio was already going to be over 0.411 q2 2018 ratio for debt held by public.. 0.759 q2 2018 ratio for total public debt.. 1.038 and economy is still underperforming and in hole.. compared to where it should be by any reasonable pre-2008 trendline |
werewolf dictator
rank | Sat Nov 03 03:06:33 2018 i think mankiw was in favor of tax cuts in short term.. but against not raising at later time.. and agnostic with plan as actually constructed |
werewolf dictator
rank | Sat Nov 03 03:28:55 2018 2021 might be good time to reconsider plans and be more hawkish on annual deficit whether trump is in last term or democrat is in office |
werewolf dictator
rank | Sat Nov 03 03:50:11 2018 since interest rates are rising from what was near zero.. this is also a growing tool one might use in case of future recession |
hood
rank | Sat Nov 03 06:41:42 2018 Retard is still citing average wages instead of median wages. :/ |
werewolf dictator
rank | Sat Nov 03 06:43:03 2018 like it matters much when jeff bezos and 1% don't get money by hourly wages |
hood
rank | Sat Nov 03 06:57:15 2018 Holy fucknuts, you don't even understand what the statistic means. Doubly retarded. You should stick to fluffing. |
werewolf dictator
rank | Sat Nov 03 06:58:09 2018 iow.. besides any investments.. such people will be paid in salary [not in hourly wages] |
hood
rank | Sat Nov 03 07:11:35 2018 Salary is counted towards the government metric you cited. Please die in a fire, russian hot rod. You are entirely useless. |
werewolf dictator
rank | Sat Nov 03 07:15:51 2018 so salary is calculated for a by-the-hour metric [wages] citation needed dumbass |
werewolf dictator
rank | Sat Nov 03 07:17:11 2018 "Average hourly earnings increased by 5 cents an hour for the month and 83 cents year-over-year, representing a 3.1 percent gain, the best pace since 2009." - cnbc |
hood
rank | Sat Nov 03 07:27:31 2018 http://www.bls.gov/bls/glossary.htm Feel free to peruse the glossary. Anything that isn't overtime or bonus is included in the average hourly wage calculation. This would include stock options, employer contributions to healthcare, pensions, etc. Anything you normally get paid. Odds of the fluffer admitting he had no fucking idea what "average hourly wage" meant? still 0. |
hood
rank | Sat Nov 03 07:30:57 2018 One also must wonder of the fluffer has even ever had a job, as anyone who has received a paycheck would know that salaried jobs still have their pay quoted hourly. |
werewolf dictator
rank | Sat Nov 03 12:32:41 2018 i concede i was wrong.. hourly average earnings here includes salary conversion estimates ... http://www.bls.gov/webapps/legacy/cpswktab3.htm selecting median weekly earnings for 16 and over gives q3 2017.. 859 q3 2018.. 887 ~3.26% weekly earnings increase.. more than 3.1% hourly increase in news [and ~3.26% does not start counting from a bad october 2017].. and at least average weekly hours don't seem to have changed significantly http://www.bls.gov/news.release/empsit.t18.htm things to complain about.. *link is not the biggest jump since 2009 [unlike average hourly].. since there are several better year-to-year periods ending in q1 q2 and q3 of 2017 *inflation is eating into increases *year ending q3 2018 excludes trump's first two quarters which were not good |
hood
rank | Sat Nov 03 13:21:01 2018 Using the right data > data that says what you want it to say. |
patom
rank | Sat Nov 03 15:51:17 2018 Dilly Dilly to the Twitterman. Amazing how he single highhandedly brought us from the depths of the worst recession in history in less than 2 years. What an amazing man. Already rated the greatest President in the history of the USA. http://www...87CcgQBjuLpTufmNwz4CqUaeaWTL8U |
werewolf dictator
rank | Sat Nov 03 17:32:49 2018 obama final numbers [above] vs trump through 20 months [below] http://www...s-numbers-october-2018-update/ jobs obama +120,260 per month trump +190,200 per month trump wins real weekly earnings obama +4% in 96 months trump +1.8% in 20 months trump wins poverty rate obama -.5 points in 96 months trump -.5 points in 20 months trump wins s&p 500 obama 1.024% increase/month [compounded] trump 0.937% increase/month [compounded] obama wins [but trump should win dow] federal debt held by public obama +128% in 96 months trump +9.6% in 20 months no clear way to decide [imo obama should have run average bigger deficits] home ownership obama -3.8 trump +0.6 without health insurance obama 15.2 million fewer trump 0.3 million fewer obama wins |
show deleted posts |