Unemployment despite small job gains report

FastLane said:
The final numbers for Joe Biden’s full term are nearly all in. Here’s our rundown of various statistical measures during his presidency:

  • Inflation roared back, shrinking the value of workers’ paychecks. Consumer prices rose 21.5%. Gasoline alone rose 31%. After adjusting for inflation, private-sector average weekly earnings shrank 4%.
www.factcheck.org

Biden's Final Numbers - FactCheck.org

Statistical indicators of President Biden's four years in office.
www.factcheck.org www.factcheck.org
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One hundred percent correct.
 
Noking said:
Did you get this data from the Trumpian statistic dept.????????
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Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an increase in purchasing power from the previous year.
Jul 2024 to Jul 2025

4.2%
Nominal average weekly wage growth
Jul 2024 to Jul 2025

2.7%
Inflation rate
The Bureau of Labor Statistics has published average weekly wage data for more than 19 years, since March 2006. Looking back, average wages outpaced inflation 71.9% of the time. Most recently, wage growth was faster than inflation in every month since February 2024.
usafacts.org

Are wages keeping up with inflation? | USAFacts

Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an...
usafacts.org usafacts.org
 
Earl said:
Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an increase in purchasing power from the previous year.
Jul 2024 to Jul 2025

4.2%
Nominal average weekly wage growth
Jul 2024 to Jul 2025

2.7%
Inflation rate
The Bureau of Labor Statistics has published average weekly wage data for more than 19 years, since March 2006. Looking back, average wages outpaced inflation 71.9% of the time. Most recently, wage growth was faster than inflation in every month since February 2024.
usafacts.org

Are wages keeping up with inflation? | USAFacts

Yes. From July 2024 to July 2025, wages grew 1.5 percentage points faster than inflation. Nominal wages — the literal dollars earned regardless of cost of living — increased by 4.2% while inflation stood at 2.7%. When wage growth outpaces inflation, it indicates that workers are experiencing an...
usafacts.org usafacts.org
Click to expand...
Indeed Earl the Dems can't handle the fact.
 
FastLane said:
Trump is chipping away at Biden's mess. I bought Diesel for $2.75 a gallon yesterday. That is a dollar a gallon less than when Mr. Potato head was in office.
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Energy costs affect many other costs.

Those beautiful fruits and vegetables in the grocery store had to be transported there.

Those gourmet restaurant meals in fine restaurants had to be transported there.

Everything at Walmart and Costco had to be transported there.

President Trump is working to lower the cost of the one item that affects the cost of almost everything...energy.
 
Earl said:
Energy costs affect many other costs.

Those beautiful fruits and vegetables in the grocery store had to be transported there.

Those gourmet restaurant meals in fine restaurants had to be transported there.

Everything at Walmart and Costco had to be transported there.

President Trump is working to lower the cost of the one item that affects the cost of almost everything...energy.
Click to expand...
Drill baby drill. The US is producing more oil than it has ever produced and oil has fallen over $20 a barrel since Biden left office and Trump took over.
 
Earl said:
Gas prices: 36 states now with average costs under $3 per gallon

www.washingtonexaminer.com

Gas prices: 36 states now with average costs under $3 per gallon

Fuel costs continue to drop as there are now 36 states in the U.S. with average prices under $3 per gallon.
www.washingtonexaminer.com www.washingtonexaminer.com
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Gasoline is around $2.35 here. Lower oil prices actually hurts me. But it is good for the country so I'm OK with it as long as we stay above $50.00 a barrel. At $50 the oil patch can make money and keep producing.
 
FastLane said:
Gasoline is around $2.35 here. Lower oil prices actually hurts me. But it is good for the country so I'm OK with it as long as we stay above $50.00 a barrel. At $50 the oil patch can make money and keep producing.
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Yes, my son’s company has 12-15 employees traveling all the time.

When fuel costs go down, operating costs go down.

It is a fine line when the price of oil goes down, it’s good for the consumer but not for the producers.

I’m sure that the president knows where that line is.
 
Jake Starkey said:
www.msn.com/en-us/news/us/us-unemployment-rose-in-november-despite-job-gains/ar-AA1Ss7mt?ocid=msedgntp&pc=BINBAN&cvid=69419d131b544f67ac25b0b2822a38b8&ei=60

View attachment 68040

The U.S. unemployment rate rose to 4.6% in November, its highest in more than four years, fueling questions about the economy’s underlying strength.

A long-delayed government report on Tuesday showed that 64,000 jobs were gained in November, while 105,000 jobs were lost in October. Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.

The unemployment rate in November was up from 4.4% in September, the last month the Labor Department reported for that metric.

Still, market reaction was muted. Major stock indexes traded moderately lower.

Stephen Stanley, chief U.S. economist for Santander US, said there could have been “a lot of statistical noise” in the report, including possible distortions from the government’s long closure. The shutdown prevented the Labor Department from collecting some of the jobs-market data that it normally would have...

“Given the contrasting signals from payrolls and the unemployment rate, you’d hope to get a cleaner read in December,” Stanley said.

“What I can conclude is that we’re not falling off a table,” he added.
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I bet at least one MAGAT will pop in to declare this fake news and fudged figures. lol
 
Nordberg said:
Biden handed over 2.9 percent inflation and now we are at 4.6.
Unemployment is climbing. Economists told Trump tariffs are a stupid idea. He thinks he knows everything, and that flaw will make us all suffer.
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The same thing happened during Trump's prior Four Long Years of Sorrow. He took the robust economy handed to him by Obama, and drove it right over the cliff. The mishandled pandemic was only part of it. We were officially in recession *before* people started getting sick and dying.

Why anyone would think that a failed "businessman" with multiple bankruptcies could competently handle the world's largest economy is beyond understanding.
 
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