U.S. economy adds 517,000 jobs in January, unemployment rate drops to 54 year low

hubman

hubman

Well-known member
finance.yahoo.com

January jobs report: Payrolls surge by 517,000, unemployment rate falls to 3.4%

The Labor Department published its monthly jobs report for January at 8:30 a.m. ET on Friday. Here are the highlights, compared to Wall Street estimates.
finance.yahoo.com finance.yahoo.com

www.forbes.com

Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%

Despite waves of layoffs hitting some of the nation’s largest employers, the labor market overall is still faring much better than expected.
www.forbes.com www.forbes.com
 
 
Costa said:
Yeah. Particularly the under 25 crowd.
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Actually not true. Compared to historical, that demographic is not down nearly as much as over 55 men. BTW ... At this rate, Biden will crush Trump in workforce participation by the end of his term even after having to rebound from a pandemic.
 
ProV1 said:
Actually not true. Compared to historical, that demographic is not down nearly as much as over 55 men. BTW ... At this rate, Biden will crush Trump in workforce participation by the end of his term even after having to rebound from a pandemic.
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"rebound"

Dems...you can't work, it's too dangerous

Dems...Go back to work now

Dems...LOOK AT ALL THE JOBS WE CREATED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
ProV1 said:
Actually not true. Compared to historical, that demographic is not down nearly as much as over 55 men. BTW ... At this rate, Biden will crush Trump in workforce participation by the end of his term even after having to rebound from a pandemic.
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Actually it is true. That's why service/hospitality which, pre pandemic, were heavily worked by younger people, are struggling to operate and fill positions. Over 55, lots of people took early retirement rather than accept ridiculous vaccine and mask mandates.
 
Costa said:
Actually it is true. That's why service/hospitality which, pre pandemic, were heavily worked by younger people, are struggling to operate and fill positions. Over 55, lots of people took early retirement rather than accept ridiculous vaccine and mask mandates.
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You are ignoring the data. The biggest drop off is woman with children and over 55 men. It's the people that were working that do not need to who have not come back. Per my point, that number is dropping very quickly with numbers like 500K jobs added in January.
 
Costa said:
Actually it is true. That's why service/hospitality which, pre pandemic, were heavily worked by younger people, are struggling to operate and fill positions. Over 55, lots of people took early retirement rather than accept ridiculous vaccine and mask mandates.
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So, you are upset that fast food jobs go unfilled because young adults have found better jobs and only work one job instead of 3?

Interesting that conservatives do not know what unemployment rate means.
 
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brian1227 said:
You are smart.
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1675438174606.png
 
ProV1 said:
So many people not working?
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The USA now has the least proportion of its citizens eligible for unemployment benefits in the history of unemployment benefits.

It is a useless and deceptive metric for the purposes of historical comparison, but you know this. You are a lying sack of crap.

hubman, however, is just an ignorant bigot with a black bias.
 
cabezadecaballo said:
The USA now has the least proportion of its citizens eligible for unemployment benefits in the history of unemployment benefits.

It is a useless and deceptive metric for the purposes of historical comparison, but you know this. You are a lying sack of crap.

hubman, however, is just an ignorant bigot with a black bias.
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Many businesses has closed.due to trump awful job as a president.
 
cabezadecaballo said:
The USA now has the least proportion of its citizens eligible for unemployment benefits in the history of unemployment benefits.

It is a useless and deceptive metric for the purposes of historical comparison, but you know this. You are a lying sack of crap.

hubman, however, is just an ignorant bigot with a black bias.
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Then why did you all use it when Trump was in office? The fact that our workforce participation is a little lower than it was pre pandemic is because of an aging population (which is the driver for the consistent drop over the last 20 years), and the non return of woman with kids and the over 55 crowd. Any other garbage you throw out there is total BS.
 
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