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Author: Dope1   😊 😞
Number: of 48491 
Subject: US job growth overstated?
Date: 08/20/2024 5:05 PM
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Reports Bloomberg:
https://www.msn.com/en-us/money/markets/fed-confro...

(Bloomberg) -- US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates.

Goldman Sachs Group Inc. and Wells Fargo & Co. economists expect the government’s preliminary benchmark revisions on Wednesday to show payrolls growth in the year through March was at least 600,000 weaker than currently estimated — about 50,000 a month.

While JPMorgan Chase & Co. forecasters see a decline of about 360,000, Goldman Sachs indicates it could be as large as a million.


That's gonna leave a mark on the Best economy ever, Jackl!.
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Author: commonone 🐝 HONORARY
SHREWD
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Number: of 48491 
Subject: Re: US job growth overstated?
Date: 08/20/2024 5:37 PM
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Dope1: US job growth in the year through March was likely far less robust than initially estimated...That's gonna leave a mark on the Best economy ever, Jackl!.

Dontcha' just love the republicans who keep hoping for bad economic news? No wonder people are walking out halfway through Trump rallies: you're tiresome and boring. And the same old, same old just doesn't work anymore.

You know what, Jack? Even if you strip away one million jobs, the Biden-Harris administration has still created about 12.4 million more jobs than the Trump administration, which lost 2.1 million jobs and is only the second presidency to lose more jobs than it had when it took office.

Historically, that's gonna' leave a mark, Jack! And with all his other failures, secure a spot for DonOLD as one of the five worst presidents in American history.
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Author: Dope1   😊 😞
Number: of 48491 
Subject: Re: US job growth overstated?
Date: 08/20/2024 5:53 PM
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the Biden-Harris administration has still created about 12.4 million more jobs than

Speaking of lying, there's a big whopper.
Biden didn't create that many; you're trying to count jobs that came back after the blue state-driven lockdowns were lifted.

Intellectual honesty for the wi-, er, loss.
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Author: EchotaSheeple   😊 😞
Number: of 48491 
Subject: Re: US job growth overstated?
Date: 08/20/2024 6:26 PM
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But the Dow is up!

Pssssst Dope: Most of the Campus types have never been accountable for real results, ass on the line personally.

So to miss 1 million jobs here and there? No biggie.
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Author: Dope1   😊 😞
Number: of 48491 
Subject: Re: US job growth overstated?
Date: 08/20/2024 6:32 PM
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Pssssst Dope: Most of the Campus types have never been accountable for real results, ass on the line personally.

LOL, fair enough.

And on that subject, I get to go explain to my reports this week why raises are meh even in The best economy ever, Jack!.
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