Jason Posted February 3, 2023 Share Posted February 3, 2023 US adds 517,000 jobs, far exceeding estimates Unemployment rate hits 53-year low at 3.4% Labor-participation rate ticks higher Treasury yields surge; stock futures drop Bloomberg - Are you a robot? WWW.BLOOMBERG.COM 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 3, 2023 Share Posted February 3, 2023 Revised up Nov and Dec by a combined 71k as well. even business and professional services gained jobs even with the tech layoffs. let’s go brandon Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted February 3, 2023 Share Posted February 3, 2023 1 minute ago, Jason said: Treasury yields surge; stock futures drop "Oh shit - maybe the Fed won't take its foot off the rate hike pedal as quickly as we thought it would!" Quote Link to comment Share on other sites More sharing options...
Jason Posted February 3, 2023 Author Share Posted February 3, 2023 Just now, b_m_b_m_b_m said: Revised up Nov and Dec by a combined 71k as well. even business and professional services gained jobs even with the tech layoffs. let’s go brandon Weird recession right? Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted February 3, 2023 Share Posted February 3, 2023 2 minutes ago, Jason said: Weird recession right? If there is one, it's going to be relatively mild. 1 Quote Link to comment Share on other sites More sharing options...
Brian Posted February 3, 2023 Share Posted February 3, 2023 As I mentioned previously, my wife and and I started new jobs in January along with healthy bumps in pay. Thanks Obama 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 3, 2023 Share Posted February 3, 2023 One thing I have read is that Jan jobs report is especially volatile but still overall good news Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted February 3, 2023 Share Posted February 3, 2023 Quote Link to comment Share on other sites More sharing options...
Guest Posted February 3, 2023 Share Posted February 3, 2023 Haven’t looked at the specifics, but I’ll be interested to see what happens in construction employment the next few months. Hearing from friends at DR Horton that they’ve frozen land acquisitions for the next 12 months, and new starts are getting cut due to current inventory levels and the growing gap between completing homes and closing the sale. Quote Link to comment Share on other sites More sharing options...
MarSolo Posted February 3, 2023 Share Posted February 3, 2023 “Here’s why this is bad news for Joe Biden.” -New York Times opinion writer. 4 Quote Link to comment Share on other sites More sharing options...
stepee Posted February 3, 2023 Share Posted February 3, 2023 Listen here mother fuckers the american economy is in shambles and I don’t give a fuck what anyone says i’m going to make this recession happen /seeminglyeveryone It’s really just going for the broken clock thing at this point. It’s really showing how the rich and politicians crave a recession and consider it a needed part of the cycle and actively strive for it. 2 Quote Link to comment Share on other sites More sharing options...
Uaarkson Posted February 3, 2023 Share Posted February 3, 2023 The American economy is an enigma 1 Quote Link to comment Share on other sites More sharing options...
Uaarkson Posted February 3, 2023 Share Posted February 3, 2023 We pretty much coast along on that reserve currency thing huh Quote Link to comment Share on other sites More sharing options...
Jason Posted February 3, 2023 Author Share Posted February 3, 2023 11 minutes ago, Uaarkson said: We pretty much coast along on that reserve currency thing huh Only until the Q Caucus forces us into federal debt default! Quote Link to comment Share on other sites More sharing options...
outsida Posted February 3, 2023 Share Posted February 3, 2023 Then they’ll blame Brandon. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted February 3, 2023 Share Posted February 3, 2023 3 minutes ago, outsida said: Then they’ll blame Brandon. They'll say that Trump is still secretly in charge, and these numbers are thanks to him and help from JFK Jr. 1 Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted February 3, 2023 Share Posted February 3, 2023 2 hours ago, sblfilms said: Haven’t looked at the specifics, but I’ll be interested to see what happens in construction employment the next few months. Hearing from friends at DR Horton that they’ve frozen land acquisitions for the next 12 months, and new starts are getting cut due to current inventory levels and the growing gap between completing homes and closing the sale. Quote Construction added 25,000 jobs in January, reflecting an employment gain in specialty trade contractors (+22,000). From the bls residential construction was basically flat per table B-1 Quote Link to comment Share on other sites More sharing options...
PaladinSolo Posted February 3, 2023 Share Posted February 3, 2023 Not possible, no one wants to work anymore is what i'm told over and over again. 2 Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted February 3, 2023 Share Posted February 3, 2023 1 hour ago, PaladinSolo said: Not possible, no one wants to work anymore is what i'm told over and over again. Who ever wants to work to be fair? 3 Quote Link to comment Share on other sites More sharing options...
Ominous Posted February 4, 2023 Share Posted February 4, 2023 10 hours ago, sblfilms said: Haven’t looked at the specifics, but I’ll be interested to see what happens in construction employment the next few months. Hearing from friends at DR Horton that they’ve frozen land acquisitions for the next 12 months, and new starts are getting cut due to current inventory levels and the growing gap between completing homes and closing the sale. Funny how that works when prices don't fall but interest rates rise....one has to give... Quote Link to comment Share on other sites More sharing options...
Brian Posted March 8 Share Posted March 8 February jobs report: US economy adds 275,000 jobs, unemployment rate hits 3.9% FINANCE.YAHOO.COM The February jobs report provides an update on the resiliency of the labor market ahead of the Federal Reserve's next policy decision on March 20. Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 8 Share Posted March 8 Downward revisions are certainly something Quote Link to comment Share on other sites More sharing options...
SuperSpreader Posted March 8 Share Posted March 8 The jobs report is too political Quote Link to comment Share on other sites More sharing options...
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