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US economy unexpectedly sheds 92k jobs in February

bbc.com

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Re: US economy unexpectedly sheds 92k jobs in February

#41

Post by cc-d »

0x_rs wrote: post #24
chazburger wrote: post #14

[flagged]

Not happening with oil skyrocketing.

daddy needs his juice https://www.youtube.com/watch?v=YXXt48oQ8BY

The US is an unimperceptable horror show, they literally cannot perceive what is happening in their country right now.

I'd reccommend (fugg they took my right click) everybody stay away if you don't want to bring our compromise back to your countries.

Don't let americans into your country. Israel is very nice this time of year though, everybody travel to israel, we actually keep our lands relatively secure

Re: US economy unexpectedly sheds 92k jobs in February

#42

Post by bilbo0s »

buckle8017 wrote: post #15
squidbeak wrote: post #10

Earlier quoted context omitted.

> US economy >> unexpectedly << sheds 92,000 jobs in February

Ok but was the expected loss 60k or 0? Makes a big difference.

Well the data says:

2022, gained 678,000 jobs in February (Doesn't really count, global economy was emerging from Covid shutdowns.)

2023, gained 311,000 jobs in February

2024, gained 275,000 jobs in February

2025, gained 151,000 jobs in February (This seems to be the point of discontinuity with gains only about half of what were typically expected.)

2026, lost the 92,000 we're talking about. (Obviously, we had expected a gain.)

Re: US economy unexpectedly sheds 92k jobs in February

#43

Post by masklinn »

testfrequency wrote: post #4

I do not see the tourism industry mentioned here but I have to imagine that is a huge loss right now. Most of the world is not visiting the US right now which means projects and planning that was made in anticipation for summer has probably been halted or heavily reduced.

Any business which exports especially to Canada (because oddly between tariffs and repeated threats of invasion US products and services are not seen in a positive light), likewise any business up or downstream of mostly immigrant workforces.

Re: US economy unexpectedly sheds 92k jobs in February

#44

Post by Helloworldboy »

testfrequency wrote: post #4

I do not see the tourism industry mentioned here but I have to imagine that is a huge loss right now. Most of the world is not visiting the US right now which means projects and planning that was made in anticipation for summer has probably been halted or heavily reduced.

[dead]

Re: US economy unexpectedly sheds 92k jobs in February

#46

Post by nemo44x »

testfrequency wrote: post #4

I do not see the tourism industry mentioned here but I have to imagine that is a huge loss right now. Most of the world is not visiting the US right now which means projects and planning that was made in anticipation for summer has probably been halted or heavily reduced.

I have some Euro friends that went to Dubai instead because the USA is “too dangerous” right now. I wish them safe passage back, but yeesh talk about irrational perspective.

Re: US economy unexpectedly sheds 92k jobs in February

#47

Post by dylan604 »

dfxm12 wrote: post #9
gigatexal wrote: post #2

What a favorable headline. In reality everyone knows why the economy isn’t growing: Trump’s policies are paradoxically anti business given his public persona of this big bad amazing businessman. The guy failed at selling steaks in America. In America.

I think failing at gambling (especially at a time when like 2 cities had a monopoly on gaming in the US) is bigger proof of his lack of acumen.

You say fail, but that's because you're looking at it from a "running a business" viewpoint. Instead, you have to look at "enrich personal wealth" viewpoint. It's possible to run a business into the ground while personally gaining financially. A failing business has some beneficial tax purposes. So people that think these failed businesses are a negative just need to look at them differently. They succeeded in their true purpose. The "running a business" was just the facade.

Re: US economy unexpectedly sheds 92k jobs in February

#48

Post by actionfromafar »

ck2 wrote: post #37
paxys wrote: post #13

If the government-approved numbers are this bad the real ones must be catastrophic.

hey I know lets spend billon per day on war of choice for no reason for rest of year and make gas $5/gallon so even people who don't drive have to pay more for trucks going to stores and delivery oh and make old/ill people somehow work until they are sixty-five to get any food or medical assistance that should fix things right up xmas economic implosion inbound

But at least Russia can fund their war better, right?

Re: US economy unexpectedly sheds 92k jobs in February

#49

Post by giantg2 »

buckle8017 wrote: post #15
squidbeak wrote: post #10

Earlier quoted context omitted.

> US economy >> unexpectedly << sheds 92,000 jobs in February

Ok but was the expected loss 60k or 0? Makes a big difference.

We live in an infinite growth economy mindset - it's always expected to grow
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