The Soapbox

Joined: 03/05/2014 Posts: 19769
Likes: 30407

What's this?

We're above "aggregate", but not "well-above aggregate". We are...

below trend, which is what I referred to. As an aside, the article/chart you linked is outdated. You can find this info going through March 2024.

Total number of employed today is 161.5M, which, by the way, is up only 600k (50k per month) from a year ago despite all the allegedly stellar job growth reported. By way of contrast, from Feb 2019 to Feb 2020, total employed grew by 1.9M, or 3x the growth over the past 12 months. That's what the Trump economy was doing before the COVIDians destroyed it.

Total number of employed in Feb 2020 right before COVID was 158.8M, meaning we have seen total employment grow by around 0.4% per year since then.

[Post edited by Los Angeles Hoo at 04/05/2024 12:43PM]

(In response to this post by hoolstoptheheels)

Posted: 04/05/2024 at 12:40PM

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Economy adds 303,000 jobs, unemployment falls to 3.8% in March -- WaxHoo 04/05/2024 08:41AM

All second jobs ** -- Tuckahokie 04/05/2024 11:26AM

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Lupos, what’s questionable about any of the numbers cited in these threads? -- hoolstoptheheels 04/05/2024 09:59AM

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Not given the numbers - it’s not as though there are regions, or population -- hoolstoptheheels 04/05/2024 3:12PM

He doesn’t know for a fact. He just knows it’s true.** -- WaxHoo 04/05/2024 10:06AM

They can't be real. They just can't ** -- Hoo TV 04/05/2024 10:02AM

Ah. A jobs truther. Makes perfect sense. -- BocaHoo91 04/05/2024 09:55AM

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No one believes you. ** -- ryno hoo 04/05/2024 08:51AM

What you see and what you read is not what’s happening ** -- WaxHoo 04/05/2024 08:55AM

I noticed market futures turned south on that news. They are still -- hoolstoptheheels 04/05/2024 08:49AM

“Moderating cycle” -- TomKazanski 04/05/2024 08:59AM

Thankfully inflation moderated from the -- BocaHoo91 04/05/2024 09:25AM

Did Trump send those checks out… -- Los Angeles Hoo 04/05/2024 10:37AM

I believe his signature was on those checks. -- BocaHoo91 04/05/2024 11:13AM

The first ones were delayed in order to get his signature on them, -- Hoo TV 04/05/2024 12:28PM

Uh-huh. A fiscal conservative who supports Joe Biden and... -- Los Angeles Hoo 04/05/2024 12:11PM

The ones he wanted to triple? ** -- SixerHoo 04/05/2024 10:43AM

Your welcome (pic) -- Hoo TV 04/05/2024 09:59AM

Inflation is down and the UE rates are at historical lows. -- HoodatB 04/05/2024 09:04AM

Inflation isn’t down -- TomKazanski 04/05/2024 09:06AM

To claim prices have doubled displays your complete lack of -- SixerHoo 04/05/2024 10:02AM

A) prices aren’t double. B) even IF prices -- BocaHoo91 04/05/2024 09:29AM

So you are comparing wage growth to inflation? -- HoodatB 04/05/2024 09:22AM

But inflation is down. That doesn’t mean prices decline. It means the -- hoolstoptheheels 04/05/2024 09:21AM

No the rate of increase in inflation is down -- TomKazanski 04/05/2024 10:14AM

Or a fluent English speaker would say that, because the word “inflation” -- hoolstoptheheels 04/05/2024 10:19AM

Anyone using the term moderating inflation and joe Biden -- TomKazanski 04/05/2024 10:42AM

Yeah, if you’re a political hack, sure. In English, cutting the rate of -- hoolstoptheheels 04/05/2024 11:14AM

No one used the term “rate” -- TomKazanski 04/05/2024 11:26AM

It has moderated over the last 12 to 18 mths. Meaning the rate has -- hoolstoptheheels 04/05/2024 11:31AM

No the rate of increase may have declined but items still -- TomKazanski 04/05/2024 4:21PM

Yeah, they’re supposed to in a healthy economy. We’d prefer it to be -- hoolstoptheheels 04/05/2024 4:33PM

Right notice how every time you are now including the word rate -- TomKazanski 04/05/2024 5:05PM

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Obsess much Tommy boy? Sorry if rudimentary English escapes you, but -- hoolstoptheheels 04/10/2024 4:01PM

Anyone who believes prices have doubled since before the -- SixerHoo 04/05/2024 11:13AM

* ** -- SixerHoo 04/05/2024 10:19AM

I think you're the one that is struggling. Inflation rates moderating -- Capital City Hoo 04/05/2024 09:15AM

“Struggling” is far too kind a characterization of TK. -- SixerHoo 04/05/2024 10:10AM

I'm not surprised. I have been thinking inflation is more stubborn and not -- 81_Hokie 04/05/2024 08:56AM

I never try to market time, but I would not be surprised by a pull back. ** -- hoolstoptheheels 04/05/2024 09:25AM

For the jobs truthers, Jan revised up 27k, Feb down by 5k. Net +22k. -- CMUHoo 04/05/2024 08:42AM

Original Jan report was +353k. It’s now +256k, a -27% downward revision. ** -- Los Angeles Hoo 04/05/2024 09:18AM

Link please. I believe you've used the wrong BLS numbers in the past ** -- Capital City Hoo 04/05/2024 10:23AM

You’d be wrong. Again. Look down in this thread for someone who… -- Los Angeles Hoo 04/05/2024 10:31AM

Source? ** -- SixerHoo 04/05/2024 10:12AM

I found his source. It’s the initial BLS report in early Feb. -- hoolstoptheheels 04/05/2024 10:22AM

Thanks. LA seems to get most of his information from the -- SixerHoo 04/05/2024 10:47AM

We went back and forth on this. He seems to believe it's a conspiracy. -- CMUHoo 04/05/2024 10:36AM

I said nothing about a conspiracy. I just pointed out… -- Los Angeles Hoo 04/05/2024 10:47AM

We are now well above aggregate employment 4 years ago, with trends -- hoolstoptheheels 04/05/2024 11:29AM

We're above "aggregate", but not "well-above aggregate". We are... -- Los Angeles Hoo 04/05/2024 12:40PM

The economy added 2.1 mil jobs in ‘19, and 2.7 mil in ‘23. We’ve now got -- hoolstoptheheels 04/05/2024 1:10PM

As I posted previously... -- Los Angeles Hoo 04/05/2024 2:10PM

I don’t think your numbers are right. Feb 2020, total was 152.5 mil jobs. -- hoolstoptheheels 04/05/2024 2:56PM

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Let's not start introducing facts that don't support the narrative ** -- Capital City Hoo 04/05/2024 12:30PM

They don't support the narrative, as I just posted above. You... -- Los Angeles Hoo 04/05/2024 12:46PM

Not according to this. Total non-farm job creation revised up 27k in Jan, -- hoolstoptheheels 04/05/2024 10:10AM

Wages up 4.1%. See just the facts … about three threads down. ‘World’s -- Lazarus 04/05/2024 08:45AM

Buh …, economic bloodbath! ** -- WaxHoo 04/05/2024 08:48AM