Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

U.S. economy lost 23,000 jobs in July, a sudden reversal

nbcnews.com

Post reply on HN
Print view View original

331–340 of 377 posts

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#331

Post by vel0city »

eru wrote: post #279
vel0city wrote: post #243

Earlier quoted context omitted.

New Jersey and Manhattan are both a part of the same country last I checked. Malaysia and Singapore are two different countries. Despite being right next to each other they have vastly different GDPs, standards of living, government benefits, etc.

Malaysia and Singapore used to be one country. New Jersey and Manhattan are in different states. But in any case, why so xenophobic? Borders are an administrative hassle, but they have no moral weight.

I didn't realize acknowledging NY and NJ are in the same country is a xenophobic take.

Borders are a lot more than just a bit of paperwork or "administrative hassle". Central America is a very different place from US & Canada in many ways. Malaysia is quite a bit different from Singapore in a lot of ways despite such intertwined history.

I'm not passing any moral judgement here, I'm just acknowledging current reality. Singapore and Malaysia are different countries. NY and NJ are two states in the same country. The relationship is very different. Even with "Imperium in imperio" in the US.

To have a similar kind of comparison one would look at the cyclical migrant labor between the Southwestern US and Mexico.

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#332

Post by jborden13 »

dominotw wrote: post #323
jborden13 wrote: post #308

Earlier quoted context omitted.

you're still wrong > Superintendent Peter Licata acknowledged that the takeover and instructional changes played a role in some educators’ decisions to leave the district. > ...But he said he believes employees watched the transformation of Houston ISD under state control and grew wary as Fort Worth introduced standardized lessons and reorganized schools and departments.

sure thats 'political interference' .

Please give us your definition of the TEA takeover then.

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#333

Post by kwar13 »

Lord-Jobo wrote: post #249
kwar13 wrote: post #240

Earlier quoted context omitted.

somehow it seems like you're implying that canada is doing better than the usa. just look at the last 10 years of real gdp growth and it couldn't be any worse for canada.

As everyone knows, real gdp growth is the only metric of goodness. All other numbers and figures are meaningless, we all down before the might RGDPG

since you seem to know better, id like to know on which dimensions you think canada is doing any better than usa in the past 10-15 years as whole, or even versus other g7.

general employment? youth employment? labor participation? happiness index? gdp per capita? patents per capita? skilled migration? housing affordability? general inflation? stock market performance? real wages? housing burden? life satisfaction? growth of small business? startup echo system?

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#334

Post by anigbrowl »

astro1234 wrote: post #105

As a data scientist it is very frustrating to see a consistent lack of error bars on these numbers or any discussion about the magnitude of uncertainty around them by all news reports every time these numbers get released

Wait until you see the weekly reports for the Strategic Petroleum reserve. Go ahead, try to highlight that text.

https://www.spr.doe.gov/dir/dir.html

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#335

Post by WarmWash »

tumdum_ wrote: post #328
WarmWash wrote: post #320

Earlier quoted context omitted.

To be fair, the structure of that study is pretty bizarre. Why only look at 6 specific illnesses rather than something like life expectancy?

They are looking at the outcomes of specific procedures because they are interested in the health care system quality. Looking at things like life expectancy would make it impossible to disentangle them from other factors like lifestyle or environment.

Sure, but it's only six (6) specific illnesses. There are tens of thousands of illnesses. I'm almost 100% confident you could cherry pick any six illenses to get any outcome you want.

Edit: Seems the lead author is also a vocal supporter of universal healthcare, being a senior fellow of the Center for American Progress. So yeah, probably why it's such a strange setup, and what compelled me to check since this kind of thing is super common for "activist research".

I guess the takeaway is to always take a study for what it is, rather than what it paints itself to be.

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#336

Post by tumdum_ »

WarmWash wrote: post #335
tumdum_ wrote: post #328

Earlier quoted context omitted.

They are looking at the outcomes of specific procedures because they are interested in the health care system quality. Looking at things like life expectancy would make it impossible to disentangle them from other factors like lifestyle or environment.

Sure, but it's only six (6) specific illnesses. There are tens of thousands of illnesses. I'm almost 100% confident you could cherry pick any six illenses to get any outcome you want. Edit: Seems the lead author is also a vocal supporter of universal healthcare, being a senior fellow of the Center for American Progress. So yeah, probably why it's such a strange setup, and what compelled me to check since this kind of…

So you are saying that they cherrypicked some obscure illnesses to make Europe look good? They used data for:

- infant mortality

- maternal mortality

- colon and breast cancer survival

- heart attack mortality

- childhood acute lymphocytic leukemia (most common childhood cancer)

Those are one of the most common health issues.

Also, here is another recent paper showing how it’s better (health care wise) to be average in EU than wealthy in US: https://www.nejm.org/doi/full/10.1056/NEJMsa2408259

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#337

Post by HarHarVeryFunny »

mempko wrote: post #128
HarHarVeryFunny wrote: post #38

These jobs lost/gained and unemployment statistics, especially on a monthly basis, and when the numbers are so small, are just noise. Seasonal adjustments alone (baseline assumptions on how many people should be employed) make them meaningless, as does the government definition of being unemployed or looking for work. As far as the government is concerned if you have been looking for a job for so long and/or are so d…

So you are saying it's even worse than the numbers reported.

I would assume so, but these numbers are so cooked that who knows!

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#338

Post by dlcarrier »

peter_stokes wrote: post #54
forlorn_mammoth wrote: post #17

What is also interesting is that the only sector thad added jobs was health care.

i think population pyramids will basically guarantee growth of that sector in almost all first world countries for thenext few decades

Yeah, but then the elderly population will start shrinking, which will cause a myriad of disruptions.

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#339

Post by dlcarrier »

nprz wrote: post #57
forlorn_mammoth wrote: post #17

What is also interesting is that the only sector thad added jobs was health care.

Wealthy, aging boomers with increasing need for health care, makes sense.

They're also the target of a lot of campaigning, so politicians promise to give them even more services and fewer taxes.

Re: U.S. economy lost 23,000 jobs in July, a sudden reversal

#340

Post by WarmWash »

tumdum_ wrote: post #336
WarmWash wrote: post #335

Earlier quoted context omitted.

Sure, but it's only six (6) specific illnesses. There are tens of thousands of illnesses. I'm almost 100% confident you could cherry pick any six illenses to get any outcome you want. Edit: Seems the lead author is also a vocal supporter of universal healthcare, being a senior fellow of the Center for American Progress. So yeah, probably why it's such a strange setup, and what compelled me to check since this kind of…

So you are saying that they cherrypicked some obscure illnesses to make Europe look good? They used data for: - infant mortality - maternal mortality - colon and breast cancer survival - heart attack mortality - childhood acute lymphocytic leukemia (most common childhood cancer) Those are one of the most common health issues. Also, here is another recent paper showing how it’s better (health care wise) to be average…

No, I didn't make the argument they were obscure, in fact they all are from a set of common illnesses that....also contains thousands of illnesses. Again, this is the kind of stuff you see with "activist research". Why would they only do 6 instead of hundreds or thousands? I'm sure you see my point.

There are also other oddities like using median county wealth rather than household wealth. In many wealthy counties there are still poor areas, I know more than a few. In fact if you look at the appendix, most of the households in the study are, well, average or poor. They also don't include absolute numbers or definitions for the illnesses.

All in all, it's a bad study, and clearly made to color in an agenda.

The second study looks more grounded, thanks.

Post reply on HN