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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

#231

Post by atonse »

travisgriggs wrote: post #213
gaoshan wrote: post #109

Earlier quoted context omitted.

Can't blame you. Coming from the US I have been making a point to vacation in Canada, fwiw. Short of voting, protesting and getting into arguments with MAGA people I don't know what else I can effectively do.

So this. A year ago my wife and I did a road trip up into Canada (Kelowna BC region). It was a new experience. I’ve been up into Canadian provinces many times (20+ over the years), but because of the anti Canadian rhetoric that Trump and company were putting out at the time, I was embarrassed and eager for people to not actually know I was from the states. I was hyper aware of the Washington state license plates on o…

This is true in most scenarios, and the opposite is also true – that Americans are famously friendly, and even though Canadians may not want to visit to make a point, I think even they would agree that most day to day interactions they'd have would be warm and welcoming.

There might be a bit more hockey ribbing for the next few weeks, but I know there's a ton of respect for Canada's team.

At the end of the day, the idea of "My problem is with the government, and not the people" is as old as time.

Re: US economy unexpectedly sheds 92k jobs in February

#232

Post by [deleted] »

TwoNineA wrote: post #55
cheesecompiler wrote: post #29

Earlier quoted context omitted.

There is a significant majority of people in Canada who not only vocally decided to not go to US but discourage their friends from doing so too. People have judged me for driving through the states.

Last year we cancelled a planned US vacation, this year we didn't even think about it. Going back to Europe two years in a row. I don't give a fuck about tariff policy of our supposed "friends" but when our "friend" repeatedly threatens our independence and sovereignty, no thanks. Not going to step into the USA for a long time.

[deleted]

Re: US economy unexpectedly sheds 92k jobs in February

#234

Post by derektank »

TheGRS wrote: post #69
ajross wrote: post #54

Earlier quoted context omitted.

Honestly, no. The administration is not subtle with its lies. If they want to fib, they do it out of POTUS's mouth at a podium, and it's a huge whopper that just dares the nasty liberal media to try to call it out. The strategy works for them, and they apply it repeatedly. They don't just fudge numbers a bit. This is a bad number for them because it's probably the correct (or best available, really) number produced b…

They quite publicly fired an official related to reporting these numbers, and they also decided not to publish numbers during the government shutdown nor backfill them. I have zero trust the administration isn’t fudging things.

Said official herself (Erika McEntarfer) has said that you should continue to trust the numbers, “You should still trust BLS data. The agency is being run by the same dedicated career staff who were running it while I was awaiting confirmation from the Senate. And the staff have made it clear that they are blowing a loud whistle if there is interference”[1]

[1] https://open.substack.com/pub/stayathomemacro/p/trust-in-num...

Re: US economy unexpectedly sheds 92k jobs in February

#235

Post by tstrimple »

SecretDreams wrote: post #20

Crazy thing is people will vote for this again. Some against their best interest. Others because they appreciate the divide that comes from this type of admin.

It's the same mentality behind support for guns. Another school shooting? More guns in schools would have stopped it! The tax cut isn't delivering the economic returns promised? We just didn't cut them enough! Just keep doing these things that prove to not be working enough and everything will turn out exactly like we've been promising the last 50 years.

Re: US economy unexpectedly sheds 92k jobs in February

#236

Post by sandworm101 »

greedo wrote: post #217
sandworm101 wrote: post #184

Earlier quoted context omitted.

There are hard and soft approval ratings. The soft number is the count of how many people will vote for/against in the next election. The hard number is how many want a change today, how many will support recalling thier representatives in order to force change today. In that number, the current administration has widespread support.

There is no mechanism for recall of Congressional officers.

Plenty of state-level reps can be recalled today. That noone is even trying sends the message that the population is generally OK with waiting until the next election ... an election that will be run/managed/counted by those representatives.

Re: US economy unexpectedly sheds 92k jobs in February

#237

Post by NewJazz »

csomar wrote: post #179
phkahler wrote: post #101

Earlier quoted context omitted.

>> If the government-approved numbers are this bad the real ones must be catastrophic. Sadly my first thought was not to trust this report. The article even notes further down: >> The US central bank would typically respond to a weakening labour market by cutting borrowing costs, in hopes of giving the economy a boost. Our fearless leader has put enormous pressure on the Fed to lower interest rates from day 1. They k…

With oil prices now 90+, there is 0 chance of an interest rate decrease even with a new Fed chair.

Lol we will see... UE can spike real quick.

Re: US economy unexpectedly sheds 92k jobs in February

#238

Post by jhickok »

blks wrote: post #168
TwoNineA wrote: post #55

Earlier quoted context omitted.

Last year we cancelled a planned US vacation, this year we didn't even think about it. Going back to Europe two years in a row. I don't give a fuck about tariff policy of our supposed "friends" but when our "friend" repeatedly threatens our independence and sovereignty, no thanks. Not going to step into the USA for a long time.

It’s not even just about threats, you as an individual are in potential danger of being detained without due process by ICE

We had a great candidate for a job decline to relocate to the US for precisely this reason. I really do not blame anyone for making that decision

Re: US economy unexpectedly sheds 92k jobs in February

#240

Post by jazzypants »

baq wrote: post #50
ChoGGi wrote: post #5

Unexpectedly, if you've been in a coma for the past year. Let's raise tariffs again.

tariffs on goods are mostly noise. if there were tariffs on services, though...

Do you buy goods? Have you somehow not noticed the huge increases in prices for those goods?
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