The projection was the creation of 100k new jobs instead tariff boy lost 33k. As the Fed Chair said, the tarrifs create a great deal of uncertainty. Companies are laying off because they don't know what a flip flopping Trump will do next.
https://www.nbcnews.com/business/economy/private-sector-lost-33000-jobs-june-badly-missing-expectations-100000-rcna216552
lol. Of course, Mark cites the notoriously inaccurate ADP report.
Be very skeptical of ADP report showing economy lost jobs for the first time in years - MarketWatch
"Given its checkered history, some forecasters, such as Pantheon Economics, say the ADP report is “useless.”"
And what really happened? Just one day later, the BLS published the real stats:
The U.S. added 147,000 jobs in June, relieving some concerns of a workforce slowdown
"The U.S. added 147,000 jobs in June, soundly beating estimates and offering a much-needed sign that the economy remains in relatively solid shape. The unemployment rate fell from 4.2% to 4.1%. The jobs figures for April and May were revised up by a combined 16,000."
And would Mark have recanted his post and admitted it was inaccurate? Of course not! Don't you ever get tired of being wrong in your rush to hurt Trump?
Not inaccurate. In fact, I trust the private sector report more than I do anything crated by the Trump administration.
I can not forget when Trump got scientists to change the path of a forecasted hurricane so Trump wouldn't look bad. I guess you put all of your trust in government?
Job creation is continuing albeit at a slower pace....and the unemployment rate is lower. BUT here's the thing. The Work Force Participation rate is going higher. Now I've never put any weight at all on that metric because it includes retired people who are in greater number with the shifting age demographics of our country.....
Boilerman and Tom vehemently disagree. Four years of even more job creation under Joe Biden was always met with their response of the "true unemployment figure" being the Labor Force participation rate.
Now - I'm 100% positive both Tom and Boilerman have moved their own goal posts and dismiss their own metric now that Commander Bone Spurs is in charge. Prove me wrong, Tom and Boilerman, by chiming in about how awful Trump is with job creation.
Originally posted by: PJ Stroh
Job creation is continuing albeit at a slower pace....and the unemployment rate is lower. BUT here's the thing. The Work Force Participation rate is going higher. Now I've never put any weight at all on that metric because it includes retired people who are in greater number with the shifting age demographics of our country.....
Boilerman and Tom vehemently disagree. Four years of even more job creation under Joe Biden was always met with their response of the "true unemployment figure" being the Labor Force participation rate.
Now - I'm 100% positive both Tom and Boilerman have moved their own goal posts and dismiss their own metric now that Commander Bone Spurs is in charge. Prove me wrong, Tom and Boilerman, by chiming in about how awful Trump is with job creation.
No takers on this one, huh?
Originally posted by: PJ Stroh
Job creation is continuing albeit at a slower pace....and the unemployment rate is lower. BUT here's the thing. The Work Force Participation rate is going higher. Now I've never put any weight at all on that metric because it includes retired people who are in greater number with the shifting age demographics of our country.....
Boilerman and Tom vehemently disagree. Four years of even more job creation under Joe Biden was always met with their response of the "true unemployment figure" being the Labor Force participation rate.
Now - I'm 100% positive both Tom and Boilerman have moved their own goal posts and dismiss their own metric now that Commander Bone Spurs is in charge. Prove me wrong, Tom and Boilerman, by chiming in about how awful Trump is with job creation.
You can post all of this lying nonsense you want - it won't change reality and what will happen in the next 3+ years as America prospers once again under sane, common sense leadership.
Originally posted by: David Miller
You can post all of this lying nonsense you want - it won't change reality and what will happen in the next 3+ years as America prospers once again under sane, common sense leadership.
No, no takers, PJ...just Millerscum, the nonsense-soewing MAGA parrot
Originally posted by: Mark
Not inaccurate. In fact, I trust the private sector report more than I do anything crated by the Trump administration.
I can not forget when Trump got scientists to change the path of a forecasted hurricane so Trump wouldn't look bad. I guess you put all of your trust in government?
Any government data that is good is now classified as fake news by Liberals. They have nothing, so they are only left with lies.
Originally posted by: PJ Stroh
Job creation is continuing albeit at a slower pace....and the unemployment rate is lower. BUT here's the thing. The Work Force Participation rate is going higher. Now I've never put any weight at all on that metric because it includes retired people who are in greater number with the shifting age demographics of our country.....
Boilerman and Tom vehemently disagree. Four years of even more job creation under Joe Biden was always met with their response of the "true unemployment figure" being the Labor Force participation rate.
Now - I'm 100% positive both Tom and Boilerman have moved their own goal posts and dismiss their own metric now that Commander Bone Spurs is in charge. Prove me wrong, Tom and Boilerman, by chiming in about how awful Trump is with job creation.
Making a judgment immediately after a policy change is stupid. Let's talk in three years when things are cranking and Libs are claiming the success is all because of Biden.
Originally posted by: Boilerman
Making a judgment immediately after a policy change is stupid. Let's talk in three years when things are cranking and Libs are claiming the success is all because of Biden.
When it all goes to hell, we can count on you conservitards blaming Biden.
But PJ is 100% correct, calling you out on your hypocrisy about the WPR, which you bleated was super super important last year, but now, you don't want to mention it.
You're a hypocrite, Boiler. And a liar.
