Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

The Fed will use today's report to raise rates again.
1 posted on 05/05/2023 6:47:18 AM PDT by Kaiser8408a
[ Post Reply | Private Reply | View Replies ]


To: Kaiser8408a
Last months jobs report of 236k jobs added was revised downwards to 165k jobs added

Things are shaping up they way they were in the Obozo years. Que the unexpected. People are done going back to work after the pandemic.

2 posted on 05/05/2023 6:54:07 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Kaiser8408a
US average hourly earnings year-over-year (YoY) rose in April to 4.4%

Too bad my pay didn't...................🤷‍♂️

3 posted on 05/05/2023 6:55:06 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Kaiser8408a

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

Ah, the devil is in the details, isn’t it...


4 posted on 05/05/2023 6:55:31 AM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Kaiser8408a

The only number Biden will mention when he takes to the mike, is the 253,000 jobs added. He will not mention the adjustments to the prior jobs reports.

No doubt that, the administration is messing with the numbers, and the 253,000 will also be adjusted down at next month’s report, but that won’t be mentioned.


9 posted on 05/05/2023 7:03:02 AM PDT by adorno
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Kaiser8408a

If the government version of inflation is 5.6%, imagine what the REAL inflation is!

And yes, wages haven’t come close to keeping up with it. Except maybe minimum wages, where they have to compete with welfare giveaways.


10 posted on 05/05/2023 7:04:47 AM PDT by meyer (FBI = KGB for the DNC; IRS = Gestapo)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Kaiser8408a

There’s no way companies are adding jobs....our industry (Manufacturing) is very slow right now. Friends that own restaurants and repair shops are slowing as well. This feels like 2016 all over again. Oh yeah, and the headlines in 2016 were “jobs remain steady”.

I don’t like where this is headed....regardless of what the numbers state.


11 posted on 05/05/2023 8:18:51 AM PDT by mikelets456
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson