General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe 199,000 'disappointing' jobs number from December has been revised to over 510,000
GO JOE!!!!
JANUARY 467,000 JOBS ADDED.
https://www.thestreet.com/markets/january-jobs-report-shock-467000-new-jobs-added-wages-surge
SoonerPride
(12,286 posts)Inflation is the unfortunate sidebar to an economy that is surging in all sectors.
When the Fed inches up interest rates it'll dampen inflation and get it in check.
And yet the mainstream media narrative is that the economy is in shambles.
It simply is not true.
Budi
(15,325 posts)Link to tweet
Every media outlet has a moral duty to talk about not only how strong the job growth is now, but how it was much stronger previously than they reported.
It wasn't their fault the BLS numbers were wrong, but they have to attone for their part in the narrative.
The big takeaway from the jobs report = The US jobs market is even stronger than we thought.
+476,000 jobs added in January
+510,000 jobs added in Dec. (prior estimate was 199k)
+647,000 jobs added in Nov. (prior estimate was 249k)
***********
Biden makes the Media look like a bunch of fking liars. They are.
Link to tweet
Response to Budi (Reply #2)
sprinkleeninow This message was self-deleted by its author.
Budi
(15,325 posts)'Biden approval rating drops.'
Hey Media!!:
Demsrule86
(68,576 posts)see little improvement.
Budi
(15,325 posts)..long after she was proven a political hit, & other Media outlets dropped coverage of her bullshit.
Hayes was still looping that headline.
napi21
(45,806 posts)poor job #'s constantly!
I know the #'s always get adjusted, but they're not usually THAT far off!
spanone
(135,832 posts)tritsofme
(17,378 posts)They do great work.
Demsrule86
(68,576 posts)just more corporate greed. Boycott the greedy ones and watch inflation disappear.
Budi
(15,325 posts)Jake Sherman
@JakeSherman
expect youll hear a lot of this out of the White House this morning:
This is the first time ever that the U.S. created 7 million jobs in 12 months.
WA-03 Democrat
(3,050 posts)Fucking deal
Budi
(15,325 posts)Hekate
(90,690 posts)VWolf
(3,944 posts)gratuitous
(82,849 posts)But they're all Olympics all the time right now, so my wife put the TV on the ABC affiliate, which is a Sinclair station. Just before a commercial break, the anchor teased the new jobs report, "which one economist has called a hot mess." Luckily, I'd been on-line here and at Eschaton, and I knew the report was very good and had exceeded expectations.
Back from commercial, the anchor introduced the segment, which didn't mention any "hot mess" and indeed said that while some economists had been looking for a loss over more than 400,000 jobs, the actual report was over 400,000 jobs added. The reporter grudgingly (in my opinion) conceded the gain was far better for the country.
But the casual viewer who tuned out after the "hot mess" tease probably got the impression that the jobs report was terrible.
Dopers_Greed
(2,640 posts)They want the Orange Fascist back since he was better for ratings.
Johnny2X2X
(19,066 posts)Best jobs numbers for a year in our nation's history!
Best growth in 40 years
Best wage growth in decades.
Best first year stock market performance in history (+15%!!!)
Inflation is a global issue and the only negative but that will go away eventually.
Joe Biden has built the best economy in history!
Cicada
(4,533 posts)State employees who send in job reports have been running slow all year. Adjustments up have been common.