Lily

I should not have said those things. He insulted my university city, actually two universities. He’s become so full of hate he’s not the man we knew before.

permafrost Loc: Minnesota

do not sweat it Lily, this is OPP and it is what we do... and yesterday is history and yesterday is gone.. we simply move on and do not dwell on past words...

As for the jobs report, one last on the stats..


https://www.bls.gov/news.release/empsit.nr0.htm

Establishment Survey Data

Total nonfarm payroll employment rose by 303,000 in March, higher than the average monthly
gain of 231,000 over the prior 12 months. In March, job gains occurred in health care,
government, and construction. (See table B-1.)

Health care added 72,000 jobs in March, above the average monthly gain of 60,000 over the
prior 12 months. In March, job growth continued in ambulatory health care services (+28,000),
hospitals (+27,000), and nursing and residential care facilities (+18,000).

In March, employment in government increased by 71,000, higher than the average monthly gain
of 54,000 over the prior 12 months. Over the month, employment increased in local government
(+49,000) and federal government (+9,000).

Construction added 39,000 jobs in March, about double the average monthly gain of 19,000 over
the prior 12 months. Over the month, employment increased in nonresidential specialty trade
contractors (+16,000).

Employment in leisure and hospitality trended up in March (+49,000) and has returned to its
pre-pandemic February 2020 level. Over the prior 12 months, job growth in the industry had
averaged 37,000 per month.

Employment in the other services industry continued its upward trend in March (+16,000). The
industry had added an average of 8,000 jobs per month over the prior 12 months. Employment
in other services remains below its February 2020 level by 40,000, or 0.7 percent.

Employment in social assistance continued to trend up in March (+9,000), below the average
monthly gain of 22,000 over the prior 12 months.

In March, employment was little changed in retail trade (+18,000). A job gain in general
merchandise retailers (+20,000) was partially offset by job losses in building material and
garden equipment and supplies dealers (-10,000) and in automotive parts, accessories, and tire
retailers (-3,000).

Employment showed little or no change over the month in other major industries, including
mining, quarrying, and oil and gas extraction; manufacturing; wholesale trade; transportation
and warehousing; information; financial activities; and professional and business services.

In March, average hourly earnings for all employees on private nonfarm payrolls increased by
12 cents, or 0.3 percent, to $34.69. Over the past 12 months, average hourly earnings have
increased by 4.1 percent. In March, average hourly earnings of private-sector production and
nonsupervisory employees edged up by 7 cents, or 0.2 percent, to $29.79. (See tables B-3 and
B-8.)

In March, the average workweek for all employees on private nonfarm payrolls edged up by 0.1
hour to 34.4 hours. In manufacturing, the average workweek was unchanged at 40.0 hours, and
overtime edged down by 0.1 hour to 2.9 hours in March. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.9 hours. (See
tables B-2 and B-7.)

The change in total nonfarm payroll employment for January was revised up by 27,000, from
+229,000 to +256,000, and the change for February was revised down by 5,000, from +275,000 to
+270,000. With these revisions, employment in January and February combined is 22,000 higher
than previously reported. (Monthly revisions result from additional reports received from
businesses and government agencies since the last published estimates and from the
recalculation of seasonal factors.)

America 1 Loc: South Miami

[quote=permafrost]Do not sweat it, Lily this is OPP and it is what we do... and yesterday is history and yesterday is gone.. we simply move on and do not dwell on past words...

As for the jobs report, one last on the stats.


https://www.bls.gov/news.release/empsit.nr0.htm




On a year-over-year (YoY) basis, inflation rose by a stronger-than-expected 3.5% in March, an uptick from the 3.2% YoY rise in February.
The YoY uptick, coupled with March's strong employment report, suggests the path to the Fed's 2% inflation target could take longer than expected

Mortgage rates rise after disappointing March inflation report
Mortgage rates drifted higher this week, and could increase further, in a sign that America’s affordability crisis isn’t letting up.
The 30-year fixed-rate mortgage averaged 6.88% in the week ending April 11, up from 6.82% the previous week, according to Freddie Mac data released Thursday.
A year ago, the average 30-year fixed rate was 6.27%.
https://www.cnn.com/2024/04/11/economy/mortgage-rates-april-11/index.html

Stock Market News: Dow, S&P 500 Drop
The Nasdaq Composite also fell.
Last Updated: April 12, 2024
Stock Market Headed for Its Worst Week of the Year
By Connor Smith
The stock market was on track to close out its worst week of the year on Friday after bank earnings failed to impress Wall Street and worries increased over escalating conflict in the Middle East.
The Dow Jones Industrial Average was down 471 points, or 1.2%.
The S&P 500 was down 1.4%. The Nasdaq Composite was down 1.6%.
https://www.barrons.com/livecoverage/stock-market-today-041224

US stocks plummeted on Wednesday as markets took in a hotter-than-expected inflation report and the latest Federal Reserve meeting minutes, causing traders to push back on their expectations for Fed rate cuts this year.
All three benchmark indexes ended the trading session lower, with the Dow Jones Industrial Average sliding over 400 points. Bond yields soared, with the 10-year US Treasury spiking 18 basis points to 4.546%.
Inflation rose 3.5% on an annual basis in March, slightly hotter than the 3.4% increase economists were expecting. Core inflation, which excludes volatile food and energy prices, grew 3.8% year-per-year, hotter than the expected 3.7% increase.
Inflation has come in higher than expected for the past three months, which has undercut investors' expectations for Fed rate cuts this year. Odds of a June rate cut have fallen to 16%, according to the CME FedWatch tool, down from 56% odds priced in on Tuesday.
Bank of America maintained its outlook for a June rate cut but said it had "low confidence," given the latest CPI data. Barclays revised its outlook to just one 25 basis-point rate cut later this year, down from its initial forecast of one rate cut every other month. Goldman Sachs said it was adjusting its view to two cuts from three, as insurance costs keep inflation running hot.
"The Federal Reserve will have to wait even longer for evidence confirming that gains in fighting price pressures are durable before it turns accommodative," José Torres, a senior economist at Interactive Brokers, said in a statement. "Today's report reflects that progress on inflation has reversed, with goods and commodities turning from a disinflationary friend to an inflationary foe."
As of last month's policy meeting, Fed officials were still projecting three rate cuts to come in 2024. But newly released minutes of the Fed's March policy meeting show that central bankers remain cautious on the recent uptrend in inflation.

Officials commented on "disappointing" inflation readings over the past several months, adding they "did not expect it would be appropriate" to lower rates until there was greater confidence inflation was back on track to reach 2%, the minutes said.
"The Fed always puts more weight on backward-looking data, and this Fed, in particular, is still scarred by the 'transitory' inflation fiasco," Ian Shepherdson, the chief economist of Pantheon Macroeconomics said in a note on Wednesday.
"The risk that the Fed waits too long and moves too slowly is rising."
https://markets.businessinsider.com/news/stocks/stock-market-today-inflation-report-fed-rate-cuts-outlook-economy-2024-4

permafrost Loc: Minnesota

[quote=America 1]

Lord, you orange cult people are pathetic... I post the real data from the the real agency and you respond by posting lies from you handlers... damn sick dweebs if you think that is what is happening..

America 1 Loc: South Miami

You may have "handlers".
I do not.
Unlike you, I would not accept.
("lies from you handlers".)
Are you competing with Biden for gibberish speak?
The real agency you use is the government, of course, they or you never lie.
Government's biggest lie.
I'm from the government, and I'm here to help.
English must not be your first language as evidenced by misspellings, punctuation, and content.
Just another twisted sick infected dweeb.

America 1 Loc: South Miami

[quote=permafrost]Lord, you orange cult people are pathetic.

ESM24
S&P 500 E-Mini (Jun '24)
5,167.50
-75.75
04/12/24
NQM24
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18,179.25s
-305.75
04/12/24
YMM24
Dow Futures Mini (Jun '24)
38,238s
-494

martsiva

Well said!! All we read is how great things are in Perm`s little bubble he lives in - how smart he is - all the wonderful things he has done and how he looks down his nose at other parts of the country where people are struggling!! He reeks with arrogance, pride and total anti-Americanism!!

martsiva

Don`t apologize for telling the truth!!

nwtk2007 Loc: Texas

Record unemployment is a lie.

We don't have to have high inflation just because the rest of the world has it.

Biden destroyed border security, no matter how you spin it. Period. You might as well claim the Easter Bunny is real.

And this is just for starters.

WEBCO

Here's your job numbers

dbirch

Understand, but can you imagine trying to defend the worst President in history and I think that while obama is undermining biden, biden the most corrupt incompetent politician in calling the shots. They are not supporting biden they are anti-Trump therefore lost their minds.

dbirch

This is not what we should do, you can make your points without personal attacks. When you talk bad about someone you not only attempt to make them look bad, but you make yourself look worse.

pegw

If you searched for the truth, you would find out that your facts aren't real. With this tight job market, you expect me to believe that people aren't getting full time jobs? Just look at the help wanted signs on nearly every store.

AuntiE Loc: 45th Least Free State

You must stop! This is not who you are!!



Post the data and let it stand in its own!

permafrost Loc: Minnesota

Auntie,,, you give good advise... I have to pay attention... thank you..