Pres.Moron Falls Short on JOBS...AGAIN 559,000 vs 671,000 Estimate

Walt said:
It can not keep up this fantastic. 500k a month growth would overheat the economy terribly by the end of the year. It will retreat to a very good 300k a month, and trump worshippers will whine about it.
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WE CAN JUST TO GET BACK THE JOBS THAT THE CHINESE/DNC BIO ATTACK LED TO US LOSING....BUT BIDEN WILL NEVER MATCH TRUMP'S BEST RECOVERY NUMBE....OR ANY OF HS PRE-PANDEMIC ECONO-RECORDS.
 
anatta said:
WTF are you yammering on?? JOBS overheat an economy?? :palm:

STIMULUS overheat ( inflate) an economy.. what a dumbass apologist post this is
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Sell another pillow traitor. You don't understand a thing about economics. In general, what Walt says is 100% correct, and you are clueless. Since we have a labor shortage, we can probably add jobs without adding to inflation. But normally, more jobs means more money chasing the same amount of goods. Which is inflationary you DUMB FUCKING MORON. Run along and play. Or take my order.
 
Concart said:
Hard to say. I think we need a few more months of these types of numbers. We're still down 7 million jobs from pre-pandemic levels. The parameters of this recovery are different. We have a shortage of workers. That shortage is creating artificial inflation. I think the economy has plenty of room still for job growth without impacting inflation. Add to that the potential impact of infrastructure on employment. This is a different time.
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unemployment is almost 6% and that is a "shortage of workers?""
WTF?
and that has nothing to do with inflation..inflation is TOO MUCH MONEY SUPPLY chasing too few goods

the spin is amazingly dumb from Slo-Joe fanatics
 
Concart said:
Hard to say. I think we need a few more months of these types of numbers. We're still down 7 million jobs from pre-pandemic levels. The parameters of this recovery are different. We have a shortage of workers. That shortage is creating artificial inflation. I think the economy has plenty of room still for job growth without impacting inflation. Add to that the potential impact of infrastructure on employment. This is a different time.
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SHAME HE COULDN'T COME CLOSE TO TRUMP's RECOVERY JOBS RECORD...AND WILL NEVER ACHIEVE WHAT TRUMPONOMICS DID BEFORE THE CHINESE/DNC BIO ATTACK...
 
anatta said:
unemployment benefits — which were extended by Mr. Biden’s $1.9 trillion economic aid legislation in March — are discouraging workers from returning to jobs and holding back what could be an even faster recovery.

“Long-term unemployment is higher than when the pandemic started, and labor force participation mirrors the stagnant 1970s,” Representative Kevin Brady, the top Republican on the Ways and Means Committee, said in a news release. “It’s time for President Biden to abandon his attack on American jobs, his tax increases, his anti-growth regulations and his obsession with more emergency spending and endless government checks.”

fter the April report fell substantially short of expectations, Republican governors across the country moved to prematurely end the $300-per-week supplemental unemployment benefits that began under President Donald J. Trump and are scheduled to continue through September under Mr. Biden’s aid package.

Employers added 559,000 jobs last month, below the 675,000 new jobs that economists surveyed by Bloomberg had expected. That gain would be strong in normal times, but it came after a sharp hiring slowdown in April, and with the economy still 7.6 million jobs short of its prepandemic level.
https://www.nytimes.com/live/2021/06/04/business/economy-stock-market-news
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Why do you make that claim? Do you really think people will refuse a job? I suppose an 8 dollar job could be refused. Try paying workers better and they will beat down the walls. The economy is picking up and the numbers show that.
 
anatta said:
JOBS overheat an economy?? :palm:
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Too much demand for employees is a textbook way to overheat the economy. It drives up salaries, and leaves work left undone. That is rising inflation, and falling productivity.

Economists like to see steady job growth.
 
anatta said:
unemployment is almost 6% and that is a "shortage of workers?""
WTF?
and that has nothing to do with inflation..inflation is TOO MUCH MONEY SUPPLY chasing too few goods

the spin is amazingly dumb from Slo-Joe fanatics
Click to expand...

OMFG, what do you think happens when people go back to work? Jesus you are a moron.

People who are choosing not to take low paying jobs are unemployed. You get that, right? Or is that too much for you to figure out as well.
 
Grokmaster said:
TELL THE ECONOMISTS WHO SAY THIS IS A "DISAPPOINTING" NUMBER....FUNNY WATCHING YOU DANCE EVERYDAY TO TRY TO PROP UP PRES.MORON....
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I am sure there is an economist, and maybe more than one, who supports your insanity... But the vast majority of economists are happy with the growth, and the markets are definitely happy with the growth.

Too much growth too quickly causes the economy to overheat, so a lot of economists are worried that this is too high.
 
Walt said:
Too much demand for employees is a textbook way to overheat the economy. It drives up salaries, and leaves work left undone. That is rising inflation, and falling productivity.

Economists like to see steady job growth.
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LIKE 2-3% ANNUALIZED. LIKE TRUMP DID.
 
Walt said:
I am sure there is an economist, and maybe more than one, who supports your insanity... But the vast majority of economists are happy with the growth, and the markets are definitely happy with the growth.

Too much growth too quickly causes the economy to overheat, so a lot of economists are worried that this is too high.
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TRY READING THE OP LINK, OH MIGHTY SELF-ANNOINTED GOD OF THE ECONOMY....



AND THIS:


May’s Jobs Report Misses Expectations as Signs of Labor Shortage Peek Through


https://www.barrons.com/articles/may-jobs-report-51622774516?form=MY01SV&OCID=MY01SV
 
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Concart said:
Sell another pillow traitor. You don't understand a thing about economics. In general, what Walt says is 100% correct, and you are clueless. Since we have a labor shortage, we can probably add jobs without adding to inflation. But normally, more jobs means more money chasing the same amount of goods. Which is inflationary you DUMB FUCKING MORON. Run along and play. Or take my order.
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JFC
you need basic econ 101 BADLY

there is no labor shortage - did MSNBC tell you that?
The labor force participation rate, the share of adults working or looking for work, edged slightly lower in May to 61.6%, down from 63.3% in February 2020.

there are workers sitting on the sidelines because they are getting pfat unemployment bennies
and we have historical high unemployment - people ELIGIBLE FOR JOBS that dont have them
that is a labor glut -not shortage!

you are as dumb the a box of rocks

More jobs does NOT mean inflation - fucking idiot. Inflation is just what it says
and "inflated money supply
 
Concart said:
Hard to say. I think we need a few more months of these types of numbers. We're still down 7 million jobs from pre-pandemic levels. The parameters of this recovery are different. We have a shortage of workers. That shortage is creating artificial inflation. I think the economy has plenty of room still for job growth without impacting inflation. Add to that the potential impact of infrastructure on employment. This is a different time.
Click to expand...

We keep going into uncharted territory economically. It is hard to predict what is coming.
 
Walt said:
Too much demand for employees is a textbook way to overheat the economy. It drives up salaries, and leaves work left undone. That is rising inflation, and falling productivity.

Economists like to see steady job growth.
Click to expand...

Correct. The difference right now is that these new jobs are helping alleviate shortages that are causing inflation without adding too much to the money supply. That's the impact of the unemployment kicker. The next job added is always the most efficient job added. As more jobs are added, their impact on those shortages tends to dissipate.
 
Walt said:
I am sure there is an economist, and maybe more than one, who supports your insanity... But the vast majority of economists are happy with the growth, and the markets are definitely happy with the growth.

Too much growth too quickly causes the economy to overheat, so a lot of economists are worried that this is too high.
Click to expand...
GDP is different then jobs..
generally the higher the GDP the better, only if the GDP is higher because of inflation does "overheating" men anything
 
Concart said:
Correct. The difference right now is that these new jobs are helping alleviate shortages that are causing inflation without adding too much to the money supply. That's the impact of the unemployment kicker. The next job added is always the most efficient job added. As more jobs are added, their impact on those shortages tends to dissipate.
Click to expand...

ROFL.. adding jobs does not add to the money supply!! LMAO
adding STIMULUS to the money supply can cause inflation
 
anatta said:
JFC
you need basic econ 101 BADLY

there is no labor shortage - did MSNBC tell you that?
The labor force participation rate, the share of adults working or looking for work, edged slightly lower in May to 61.6%, down from 63.3% in February 2020.

there are workers sitting on the sidelines because they are getting pfat unemployment bennies
and we have historical high unemployment - people ELIGIBLE FOR JOBS that dont have them
that is a labor glut -not shortage!

you are as dumb the a box of rocks

More jobs does NOT mean inflation - fucking idiot. Inflation is just what it says
and "inflated money supply
Click to expand...

There is no labor shortage?

ROTLFMFAO!!! Fuck you are stupid. It's just sublime.

https://www.forbes.com/sites/edward...dress-worker-shortage-crisis/?sh=565e963e76b1
https://www.wsj.com/articles/labor-shortage-draws-attention-of-u-s-lawmakers-11622712602
https://www.cnn.com/videos/politics...en-economy-michigan-zeleny-pkg-newday-vpx.cnn

If you don't know the basics traitor, just STFU. Please.
 
Concart said:
Correct. The difference right now is that these new jobs are helping alleviate shortages that are causing inflation without adding too much to the money supply. That's the impact of the unemployment kicker. The next job added is always the most efficient job added. As more jobs are added, their impact on those shortages tends to dissipate.
Click to expand...

This is economics 101. At first I am shocked trump worshippers do not know it, but then I remember few of them went to college... or even did that well in high school.
 
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