‘WHOPPER!’ CNBC Anchor Stunned Over Hot New Jobs Report — ‘HUGE JUMP’ In Pay

Mediaite ^ | Feb 2nd, 2024, 9:04 am | Tommy Christopher

[Cletus.D.Yokel]

RE: Corrections

There was also a glowing report about this same time in Obama’s 2nd term.
It wasn’t corrected in the media until after the DNC was over and Hillary was The Candidate “we’ve been waiting for”.

[MGunny]

Social assistance???? That helps grow an economy??? Service related jobs??? Cmon!!!

[Red Badger]

government.................

[Red Badger]

0.006?

Let’s party like it’s 1979......................

[Fresh Wind]

whopper
noun
whop·​per ˈ(h)wä-pər

1 something unusually large or otherwise extreme of its kind
2 an extravagant or monstrous lie

[Miami Rebel]

“WTF is ‘social assistance’ ???”

From the BLS website: “Social and human service assistants provide client services in a variety of fields, such as psychology, rehabilitation, and social work.”

In my case it would mean the attendants we hire for 24/7 coverage of my 97-year-old mother.

[RWGinger]

That was my first thought too
Wtf is social assistance?

[Deo volente]

Can’t wait until the TV ads with Biden strolling through a beautiful sunlit meadow surrounded by little kids and puppies, promising all sorts of federal goodies.
Morning in America, the 2024 version.

[Flavious_Maximus]

The jump in pay is for government employees. Notice I did not call them workers. It’s all smoke and mirrors.

$35 trillion in debt, with another 10 million illegal aliens added to the welfare rows. A collapse is coming. /spit

[George from New England]

Soylent Green ending

[Deo volente]

“WTF is “social assistance” ???”

Social workers, migrant ‘processing’, grief counselors, medical office help, in-home caregivers, etc etc

[wiseprince]

I predicted a 2020 collapse and a 2024 boom. Why ia it so predictable? It’s all politics. Numbers can say whatever you want them to say. 2024 is just getting started, you want to be in the Market this year, until closer to the end of the year.

[Clutch Martin]

“When I began my finance career mortgages fetched 13%+!”

With at least $10k down. Couldn’t afford it, I was pressing 40 yoa before I could afford a townhouse. Broke even through the 90’s then in ‘03 I made a profit, moved to an area with a lower cost of living, bought a 3 year old house paid in full.

And here I sit, couldn’t move if I wanted to, but it’s a nice area.

[mewzilla]

And the devil is indeed in the details...

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

It’s an...interesting read.

[Sirius Lee]

WTF is “social assistance” ???

Being on welfare is a job Americans, and a lot of illegals, are willing to do.

[wild74]

I am sure the job rates will do good, look at home much money is being printed, deficeit is sky high, as long as you pour money into the economy it will be like a drug a politican cannot wein himself from, certain sections of the economy needs the government money to survive, cut back on the anesthesia and people will start waking up, this level of spending will catch up to everyone, Biden will be long gone and in the grave before any of the pain hits but it will hit...

[Deo volente]

If Biden steals the vote again (90 million this time?) I expect a full-on market crash and burn, as America finally wakes up to economic and fiscal reality. $40 Trillion debt, 50 Trillion...do I hear 60??

[clintonh8r]

Probably mostly givernment jobs….

[CodeToad]

The democraps create massive inflation then celebrate when pay increases but still below inflation.

“We took 21% of your money through inflation but we gave you 7% increases in pay! Celebrate us!”

[Vermont Lt]

The other day I was joking on another thread where I said “they” would come up with 400,000 jobs. A few of us got a chuckle out of that.

I never expected them to actually come THAT close.

This is nuts.

All I hear about, anecdotally, is how everyone is “tightening.” Figures lie and liars figure, I guess.