Jobs report

[W.TN.Orange Blood]

Yellen (because she took more questions than the ghost of Joe Biden) continually denied that UE bonus incentives are impacting the workforce. Joe was asked and denied it too.

I thought this administration was going to be fact-driven, truth-tellers.

Some voters were duped (all 81 million doofs) in taking that baited lie (facts & science) hook line & sinker.

 

[volinbham]

Some voters were duped (81 million idiots) in taken that baited lie hook line & sinker.

well, to be fair - I doubt most people expected him to tell the truth.

just jabbing the brand they were trying to build of being truthful and fact-driven in policy making - like all other brands of politicians it's a charade

 

[Sandman 423]

well, to be fair - I doubt most people expected him to tell the truth.

just jabbing the brand they were trying to build of being truthful and fact-driven in policy making - like all other brands of politicians it's a charade

I would bet that most people that don't follow politics believe otherwise, and most people don't follow politics.

 

[SpaceCoastVol]

I would bet that most people that don't follow politics believe otherwise, and most people don't follow politics.

I wish i didn't

 

[JOEY'S ALL VOL !!!]

The leftist fools of the neighborhood avoiding this thread like the plague today.

 

[Velo Vol]

Depends entirely on the government and how much disincentive to work they put out there.

I mean, regardless of who is president.

We had a period of supposedly full employment and the participation rate only modestly inched upward.

 

[VolnJC]

 

[Boston Vol]

Ron Klain, the Presidents Chief of Staff, retweeted this. This is going to be the argument going forward, that we didn’t spend enough.

 

[volinbham]

Ron Klain, the Presidents Chief of Staff retweeted this. This is Vicky it be the argument going forward, that we didn’t spend enough.

indeed - they were probably elated that the results were so bad

what they ignore is that massive number of open jobs out there that aren't getting filled

 

[allvol123]

Ron Klain, the Presidents Chief of Staff retweeted this. This is Vicky it be the argument going forward, that we didn’t spend enough.

And so the economic Chernobyl continues.

 

[volinbham]

Ron Klain, the Presidents Chief of Staff retweeted this. This is Vicky it be the argument going forward, that we didn’t spend enough.

also, 2 years into Obama's 2nd term (and Joe's) the UE was at 6.2% and that was considered evidence their plan was working

 

[DancingOutlaw]

I mean, regardless of who is president.

We had a period of supposedly full employment and the participation rate only modestly inched upward.

Our primary headwinds on participation are birth rate and boomers. We have less people entering the job market and we also have 10k boomers retiring a day. Participation is going to get dragged down by boomers, there's no way around it. The labor market has been tight as seen by rising wages pre pandemic but participation has barely budged. We simply have more and more of the population that is jobless by choice.

 

[volinbham]

I mean, regardless of who is president.

We had a period of supposedly full employment and the participation rate only modestly inched upward.

I'd argue we'd see that inching up continue if the economy stayed on it's path - we were finally seeing real wage growth which is an incentive to enter the work force.

the "full employment" number is based in part on the participation rate - it's part of the reason that "full employment" used to be considered 5% rather than 3.5%. Pull more job seekers into the market and the metric changes

Maybe we'll never get back to 65 but government policies like we are seeing now keep downward pressure. Just imagine what the "basic income" proposals would do to this #.

 

[utvolpj]

The UE number is really just manipulated trash. 6% never means the same thing over a period of time

 

[SpaceCoastVol]

The UE number is really just manipulated trash. 6% never means the same thing over a period of time

I think there is a lot of truth in this^^^^^^^^^

 

[allvol123]

Hearing Biden's reaction is just more reason to believe this will be mishandled for the next 3 years.

 

[NorthDallas40]

Hearing Biden's reaction is just more reason to believe this will be mishandled for the next 3 years.

Well... until the 25th is invoked. But then Heels Up will continue to screw it up too so yeah nm carry on.

 

[VolStrom]

Well... until the 25th is invoked. But then Heels Up will continue to screw it up too so yeah nm carry on.

OldD40.... are you still alive?

 

[NorthDallas40]

OldD40.... are you still alive?

Youll be pushing up daisies before me you old bastard

 

[BreatheUT]

I just had a chance to really catch up on the news. This lackluster jobs report is shocking coming out of lockdowns.

 

[allvol123]

I just had a chance to really catch up on the news. This lackluster jobs report is shocking coming out of lockdowns.

Joe said it was going better than he would have thought. Lol.

 

[C-south]

Joe said it was going better than he would have thought. Lol.

Those coding jobs haven’t kicked in yet.

 

[vols4sure]

Yellen (because she took more questions than the ghost of Joe Biden) continually denied that UE bonus incentives are impacting the workforce. Joe was asked and denied it too.

I thought this administration was going to be fact-driven, truth-tellers.

Every place I have been into the last month has had a help wanted sign and service is always slow. Inconceivable to me how someone can deny that UE benefits are keeping people from working.

 

[C-south]

Every place I have been into the last month has had a help wanted sign and service is always slow. Inconceivable to me how someone can deny that UE benefits are keeping people from working.

Should those businesses pay more than UE to attract employees?

 

[Orangeburst]

Every place I have been into the last month has had a help wanted sign and service is always slow. Inconceivable to me how someone can deny that UE benefits are keeping people from working.

And artifically driving up wages. No need to pass min wage laws when employers have to pay over the top for entry level, Then what about the tenured employers asking for their increase (not necessarily restaraunt industry). I would bet on inflation being a winner. JMO.