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US economy adds 353,000 jobs in January

I'm talking about that big ass tax break that trump gave the rich.
Oh, the one that EVERYONE benefitted from WITHOUT inflation, that made it easier for millions to file taxes, created the highest inflation adjusted wage growth in decades, and provided for the lowest unemployment rate for blacks and Latinos? Sorry, I thought you were referring to the CARES ACT.
 
Oh, the one that EVERYONE benefitted from WITHOUT inflation, that made it easier for millions to file taxes, created the highest inflation adjusted wage growth in decades, and provided for the lowest unemployment rate for blacks and Latinos? Sorry, I thought you were referring to the CARES ACT.
Biden's unemployment is lower, trump tax break was supposedly to help the middle class it did nothing. He only helped his rich friends and big business.
 
  • The increase in jobs last month easily beat the market estimate and underscores the remarkable strength of the US labor market.
  • The unemployment rate stayed at 3.7%, near the lowest level since the 1960s.
  • Hourly wages rose a sharp .6% in January, the biggest increase in almost two years.
  • The strong labor market has insulated the U.S. from a recession, and if the Fed cuts interest rates this year as expected, the economy could improve enough to stoke more hiring.
  • Inflation is now down to 3% year over year, moving closer to the Fed's goal of 2%.
  • There are almost 5 million more jobs than in Feb 2020 - - just before the pandemic.
  • "The United States has really outperformed relative to other countries for the past year." -Innes McFee, Chief Global Economist for Oxford Economics. The US economy has powered ahead of China, the EU, the UK, Canada and other advanced economies.
Great to see the economy humming in what is still the greatest country on earth.


Friendly reminder Governments suck. The end results of Democrat policies are more debt, fewer people working, and greater income equality.
 
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  • The increase in jobs last month easily beat the market estimate and underscores the remarkable strength of the US labor market.
  • The unemployment rate stayed at 3.7%, near the lowest level since the 1960s.
  • Hourly wages rose a sharp .6% in January, the biggest increase in almost two years.
  • The strong labor market has insulated the U.S. from a recession, and if the Fed cuts interest rates this year as expected, the economy could improve enough to stoke more hiring.
  • Inflation is now down to 3% year over year, moving closer to the Fed's goal of 2%.
  • There are almost 5 million more jobs than in Feb 2020 - - just before the pandemic.
  • "The United States has really outperformed relative to other countries for the past year." -Innes McFee, Chief Global Economist for Oxford Economics. The US economy has powered ahead of China, the EU, the UK, Canada and other advanced economies.
Great to see the economy humming in what is still the greatest country on earth.

Joey Jobs DOL cooked the books?


  • As part of its preliminary annual benchmark revisions to the nonfarm payroll numbers, the Bureau of Labor Statistics said the actual job growth was nearly 30% less than the initially reported
  • The revision to the total payrolls level of -0.5% is the largest since 2009.
  • At the sector level, the biggest downward revision came in professional and business services, where job growth was 358,000 less than initially reported.
 
Joey Jobs DOL cooked the books?


  • As part of its preliminary annual benchmark revisions to the nonfarm payroll numbers, the Bureau of Labor Statistics said the actual job growth was nearly 30% less than the initially reported
  • The revision to the total payrolls level of -0.5% is the largest since 2009.
  • At the sector level, the biggest downward revision came in professional and business services, where job growth was 358,000 less than initially reported.
On a positive note they did revise Government jobs up 88k 😁
 
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