permafrost Loc: Minnesota

even if that were so, then the numbers are computed the same now as the last growth period..

proud republican Loc: RED CALIFORNIA

Riiiight!!... .Tons of jobs looking for workers, only problem is workers became too lazy to work, and beat the inflation.??? Do you think you will beat it with with more spending they're planning on doing tomorrow??.. Good luck with that!!..😆😆😆

BIRDMAN

Yep

jack sequim wa Loc: Blanchard, Idaho

Nope.... add 20% it was the same under Trump, so this is Apolitical

permafrost Loc: Minnesota

People do prefer to make a living as we have from childhood.. spending tomorrow..... real or figuratively? ON what?

Or just the daily spending of government? When some of the projects start up, how will the workers shift? sit at home, take a shot at a new job, go back to the old job, seek training?

Lot to this seemingly simple situation..

BIRDMAN

You make more sense when you’re drinking

Parky60 Loc: People's Republic of Illinois

Little known facts that most are too lazy to research:

1) The lockdowns from the p******c resulted in the loss of almost 12 million jobs which id it would have stayed at the pace it was at would have resulted in an annualized loss of over 62 million jobs.
2) Once we came out of the lockdowns, Trump went to work on job recovery and worked to recover 5 million jobs by the time he left office, an annualized rate of 7.4 million jobs.
3) When FJB came to power, he’s meandered a job recovery over a year-and-a-half of 9 million jobs which results in an annualized rate of 6 million jobs.
4) This proves that we would have been recovered long ago if Trump had remained in office as his annualized job recovery rate was 25 percent higher than FJB’s.

The proof is in the FACTS l*****ts!

permafrost Loc: Minnesota

Your calculations are very very faulty.. for several reasons. .time line mostly.. No recovery under trump..

EmilyD

And there's the little-talked-about factor that needs to be considered, too: Medicaid enrollment went from 2 million in April 2020 to 16 million in April 2022, a sign that people are staying on the dole rather than going back to work to contribute to their retirement Medicare program through their paychecks.

.

nwtk2007 Loc: Texas

Nope, not a word. They are simply jobs lost during c***d, returning. Joe gets no credit for that. None.

Big Kahuna

Jobs are up since most middle income Americans have to work 2 jobs just to keep up with slo Joe's severe inflation. Without that 2nd job the family is starving, can't buy gas for their cars and have to preserve water, A C., and wear old clothes. Joe is a loser as is his entire perverted administration with stupidity running rampant in their ranks. While ovommit was worthless and anti-American Slo joe is 10x worse and has replaced Bathhosed boy as our worst president ever.

bylm1-Bernie

I watched Fox News and they have been doing a lot of talking about the 3.5% Unemployment numbers and of the new jobs. Where have you been. You may be watching CNN or MSNBC, they don't seem to want Biden to run again so they aren't hyping him like they did. What I don't understand is their missing the reason for the surge. After beginning to recover from 2 years of C***d and a p******c, what would you expect to happen. People are needing to get back jobs they lost when businesses shut down and lockdowns occurred. It is very nice that it is happening but I'm more interesting in curbing inflation. I'm glad to give Biden credit for doing that, which he is very happy to accept, but I'm also interested in the inflation he has caused and continues to cause, which he isn't ready to accept.

Smedley_buzkill

Ten of the last ten times our GDP decreased for 2 straight quarters, we were declared to be in a recession. This time, your boy Biden has redefined the term. Up till the end of June, most of the jobs were not "created," they were just people going back to jobs that had already BEEN created. Returning to the status quo is not "creating jobs." You forgot to mention the 9.1% inflation that, even with pay increases, has reduced Americans' buying power by about 6% less than Trump's presidency. Wanna know what caused that inflation? Some 80% of every dollar in circulation right now has been printed since your boy Biden took office. Think that might possibly have something to do with it? Oh, that's right; Liberals don't think. They regurgitate talking points from people who sound like they know what they're talking about.
The price of gas doubling might have something to do with it also. Think that's not the Senile S**tweasel's fault? Stopping all drilling and exploration on offshore and Federal lands at the stroke of a pen. The oil industry depends on investors who already took a bath because of your boy Biden's executive orders. These same investors are understanably unwilling to invest more money when a crazy old bastard with a poison pen sits in the Oval Office. He has authorized trainloads of new and uneccesary regulations designed to make exploration and drilling for oil far more expensive and time consuming to push his bulls**t "G***n E****y." Scarcity of a commodity like oil makes the price rise. So far, as a direct result of your boy Biden's actions, our oil production has decreased by 1.5 million barrels per day. He has sold millions of barrels of oil from our strategic reserve to artificially lower the price of gas slightly. When this expires shortly before e******n day, he will have pissed away more than half our strategic reserve to keep his G***n E****y bulls**t on life support. When the Senile S**tweasel took office we had just about 714 million barrels of oil in our reserve. By November we will have barely 300 million.
To add insult to injury, this lying piece of s**t has tried to blame Vladimir Putin for the kneecapping of our oil industry when he is almost singlehandedly responsible for this mess. Even worse, brainless Liberal Hobbit Fart Sniffers actually believe the horse puckey coming out of the White House.

Justice101

The New York Times reported on the national jobs numbers claiming they must mean that not only was President Biden correct about the country not being in a recession, but the jobs data surpassed even the sunniest expectations.

But a closer look at what the jobs numbers measure shows a different story. There are actually two different measures of employment collected by the Bureau of Labor Statistics (BLS). The headline jobs report is measured by the BLS’s “establishment survey.” The unemployment rate is calculated by the “household survey.”

The establishment surveys nationally have shown job growth over the past several months, while the household surveys have shown a decline over the same period. These diverging trends raise concerns on what is really going on below the surface.

The establishment survey counts people on payroll from a survey of businesses. In contrast, the household survey is based on households and includes self-employed individuals and jobs not on traditional payrolls like babysitting or housekeeping. Someone with two jobs can be counted twice on the establishment survey, because they are two different payrolls, but only once on the household survey.

The establishment survey showed 528,000 jobs added to the national economy in July, the figure touted by headlines. But the household survey showed the number of employed to be relatively flat over the month. The household survey also showed a shrinking labor force, which includes the number of employed and unemployed looking for work. Over the last month alone, the labor force shrunk by 63,000 workers. A shrinking labor force, rather than job growth, is the main catalyst for the small decline in the unemployment rate.

The establishment survey shows the total nonfarm employment up by 926,000 since May, while the household survey shows a decline of 136,000 employed persons since May.

**Why the significant divergence? Most likely, more people are taking up second and third jobs to combat inflation.

*The labor force participation rate has also declined. The pre-p******c labor force participation rate was 63.4%. Last month, the rate was 62.1%. The labor force participation rate measures the share of the total civilian noninstitutional population that is either working or looking for work.

*Job openings continue to exceed the number of workers. And low-wage jobs have been slowest to return. Other troubling news includes a year over year decrease in average hours worked, and wage growth continuing to be outpaced by inflation by a significant margin.

**And contrary to what President Biden claimed in a statement today on the jobs data, less people are working today than before the p******c, according to the household survey.

**Indeed, the household survey found that “the number of persons employed part time for economic reasons increased by 303,000 to 3.9 million in July.” If more people take an extra job to help counter inflation, this could be reflected in the positive payroll data.

*This does not point to a healthy economy, however.

https://www.johnlocke.org/behind-those-big-jobs-numbers/

Big Kahuna

So in other words it's hocus pocus and SloJoe has pulled out another magical trick from his bag of lies. What's next, the economy is doing great at only 10% inflation since countries like Venezuela have 185% inflation? Slo joe is a lousy president with no good vision for the US. Fire him and get rid of his corrupt demoKraut party.