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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone   😊 😞
Number: of 84353 
Subject: Biden Economy Adds 353,000 Jobs
Date: 02/02/24 10:06 AM
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Cry louder MAGAts, the Biden economy just keeps on keeping on. Dementia Don can keep on praying for a recession but those prays are going to go unanswered.

"The best part of the blockbuster number is how widespread the hiring has become. It’s broadened into categories such as professional services, scientific and technical services, manufacturing, and though small, a gain in much-needed social assistance workers,” said Robert Frick, corporate economist with Navy Federal Credit Union, in a statement. “This shows a growing labor market reflecting a broad-based economic expansion, and not just recoveries in a few sectors such as healthcare and government.”

-- Total nonfarm payrolls increased by 353,000

-- December numbers were revised upward by 117,000, November upward by 9,000 for a total of 126,000 more new jobs than previously reported

-- The unemployment rate was 5.3% for Black workers, 5.0% for Hispanic workers, 3.4% for white workers, 2.9% for Asian workers, and 6.7% (not seasonally adjusted) for American Indian and Alaska Native workers

-- The unemployment rate held steady at 3.7%

-- Average hourly wages climbed by 0.6% to $34.55 after rising 0.4% in December.

Dark Brandon has now added, what, 15 million new jobs? Wages are rising, minority unemployment is still falling, 800,000 new manufacturing jobs, new roads, bridges, and even internet and electricity in American Indian communities for the first time ever.

It's long past time to dump Dementia Don, cultists.

X (Twitter): Headquarters on X: "Fox: The U.S. added a surprisingly strong 353,000 jobs last month" / X

marketwatch.com - Jobs report for january employment growth seen slowing in report vital to fed outlook

jec.senate.gov - Press releases
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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