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

U.S. added 911k fewer jobs in year through March than reported earlier

barrons.com

Post reply on HN
Print view View original

181–190 of 514 posts

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#181

Post by unyttigfjelltol »

VoidWarranty wrote: post #110
cs702 wrote: post #53

If unemployment continues to rise, and the one-time impact on prices of tariffs leads to self-reinforcing high inflation, we'll have stagflation : https://en.wikipedia.org/wiki/Stagflation I sure hope not , because stagflation would be extremely unpleasant for everyone. Central banks like the Federal Reserve would be forced to raise interest rates, to put stress on businesses and consumers, so businesses find themsel…

So uh, I'm the first person in my family to break the cycle of poverty. I have nobody I trust to follow advise with money. I do all the 'standard' boring investment strategies (401, index funds, roth, etc). I don't bother with crypto (scams). What does one do if stagflation is coming? Float more cash? Buy real estate?

This time won’t be like the last. The point of such episodes is to destroy capital. A rational response would be to de-lever before everyone else. Focus on the meaningful and the productive in the near-term, disregard promises about the future.

If you’re aggressive, issue long-term, fixed rate debt and buy whatever you think everyone else will view as personally meaningful or currently-productive, provided someone didn’t beat you to it.

Arguably we’re 40 years into the “cash is trash” trade so everyone is in a little bit of suspense what happens next.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#182

Post by hungmung »

lvl155 wrote: post #167

[flagged]

This goes back to 2016, when Dems decided it was better to nominate one of the least popular American politicians in living memory than the alternative candidate who had broad working class appeal. Not to mention they juiced up Trump's campaign because that was the only candidate Mi Abuela was projected to win against. Yeah Trump may be the Antichrist but we wouldn't be here without him being able to run against some of the most comically weak candidates.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#183

Post by CamperBob2 »

JumpCrisscross wrote: post #169
rsynnott wrote: post #156

Earlier quoted context omitted.

At least on the US tariffs thing, congress can put Trump back in his box and revert to normalcy any time it wants to; the threat of stagflation might make it do that. The previous stagflation incident was more driven by outside forces.

> on the US tariffs thing, congress can put Trump back in his box and revert to normalcy any time it wants to We’ve already lost export market share. China, Russia and India have already begun building a trade bloc. FDI has already been trashed. We’re already in for a world of hurt. And personally, I’m eager to ensure it lands disproportionately on his voters and donors.

And personally, I’m eager to ensure it lands disproportionately on his voters and donors.

That would certainly be nice, but we're all in the boat together. There is no safe haven when idiots are in charge.

But you see, dogs and cats were being eaten, and the other lady cackled too much...

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#185

Post by cs702 »

JumpCrisscross wrote: post #169
rsynnott wrote: post #156

Earlier quoted context omitted.

At least on the US tariffs thing, congress can put Trump back in his box and revert to normalcy any time it wants to; the threat of stagflation might make it do that. The previous stagflation incident was more driven by outside forces.

> on the US tariffs thing, congress can put Trump back in his box and revert to normalcy any time it wants to We’ve already lost export market share. China, Russia and India have already begun building a trade bloc. FDI has already been trashed. We’re already in for a world of hurt. And personally, I’m eager to ensure it lands disproportionately on his voters and donors.

> We’re already in for a world of hurt.

I fear you're right, but hope you're not.

Yes, this is wishful thinking on my part.

I don't want to wish ill on anyone.

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#187

Post by jajko »

cjfd wrote: post #166
cs702 wrote: post #53

If unemployment continues to rise, and the one-time impact on prices of tariffs leads to self-reinforcing high inflation, we'll have stagflation : https://en.wikipedia.org/wiki/Stagflation I sure hope not , because stagflation would be extremely unpleasant for everyone. Central banks like the Federal Reserve would be forced to raise interest rates, to put stress on businesses and consumers, so businesses find themsel…

[flagged]

[flagged]

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#188

Post by [deleted] »

nxm wrote: post #179
thatguy0900 wrote: post #146

Earlier quoted context omitted.

The bad news is that we're only one year into the 4 years of bad policy(if we're lucky) and the policy itself will probably continue to get worse

We survived with 30% inflation ok key goods during the Biden years due to endless spending, we’ll survive this one too. You’re welcome to short the market though if you feel strongly otherwise

[deleted]

Re: U.S. added 911k fewer jobs in year through March than reported earlier

#190

Post by botro »

MarkusQ wrote: post #112
xnx wrote: post #67

Earlier quoted context omitted.

Chart with more historical revision context: https://www.statista.com/chart/34931/difference-between-prel...

That gives context, but lacks the final ~900K downward revision the article is about. If it had been shown, it would be the largest revision on the chart.

I think that statista chart is month to month revisions, while the 900K figure is year over year, March 2024 to March 2025.
Post reply on HN