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.
A loss wasn't expected at all.
US economy unexpectedly sheds 92k jobs in February
191–200 of 836 posts
Re: US economy unexpectedly sheds 92k jobs in February
#192Earlier quoted context omitted.
It may surprise you, but it’s generally accepted that 1/3rd is less than 1/2.
1/3 explicitly approve and 1/3 implicity approve. If my math is mathing, that's 2/3 and it's larger than 1/2.
It’s a large and incorrect assumption, and not mathing, to lump non-voters into supporters, especially when the administration is purging eligible voters.
Re: US economy unexpectedly sheds 92k jobs in February
#193Earlier quoted context omitted.
The state of the Country is fully on display here when comments like this one are getting downvoted consistently... quite amazing (and sad) to see
How can one downvote on HN?
You need to reach a minimum karma threshold (501, if I recall) before you get the ability to do so.
Re: US economy unexpectedly sheds 92k jobs in February
#194Re: US economy unexpectedly sheds 92k jobs in February
#195Earlier 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…
My man this is cope and we're in hell, never trust anyone who gets off on lying and cheating
I'm just saying that subtle trickery isn't his M.O. And they're not any good at it, anyway.
Just watch, he'll address with with Big Lie politics like he always does. He'll stand up on a podium, throw his own Labor Department under the bus, and announce that they're lying and that the economy actually gained 200k jobs or whatever. But he won't dither on whether it's -92k or -112k.
Re: US economy unexpectedly sheds 92k jobs in February
#196There's a vibe in at least the PNW that feels like the tech sector is sloughing jobs and avoiding creating new ones courtesy of AI. I genuinely wonder if that feeling is backed by reality and whether it's large enough to be translating into national statistics across all industries.
I mean Dorsey literally just said publicly that he’s laying off people in order to utilize AI
like what more clear point do you want?
Whether or not you believe that this is a good or bad move, correct or lying move, whether AI is capable or not,
“AI” is the reason that CEOs are utilizing to cut roles
The timing of this is based on the fact that Capital is striking from deploying money to anything else outside of the largest deals that include AI as promise of higher profits
But ultimately it comes down to the fact that the people in control with all the money believe that the future is gonna need less human workers and is prioritizing giving money to organisms that will shed their workforces in order to run an experiment in AI capturing value on behalf of investors without having the additional overhead of personnel
Re: US economy unexpectedly sheds 92k jobs in February
#197Mass deportation means economic contraction. The administration has promised to deport millions of people. Mass deportations on this scale will have a somewhat drastic effect, and the true mass deportation hasn't even started, because they haven't built enough concentration camps to facilitate the deportations.
Unless it is stopped the job losses will be absolutely massive, and a tiny tiny footnote to the massive human suffering that the stated mass deportation is intended to cause.
Re: US economy unexpectedly sheds 92k jobs in February
#198Your usual reminder not to come to HN for macroeconomic analysis.
I don't think we should actively stop people from discussing what's on their minds. Every person has their own lived experiences, I think it should be common courtesy to at least give someone who puts in the effort into writing a, respectful non ai generated, comment a fair shot and being read.
Theres other forums for that, though.
Re: US economy unexpectedly sheds 92k jobs in February
#199Earlier 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.
As a Canadian, most of those people stating this, are broke and can't afford to travel, so the anti Trump thing is a face saving excuse. Just a observation from my personal life, my friends who aren't broke, are still going to Florida, etc.
yeah dude people definitely just stopped being able to afford going to Florida when Trump decided to turn his back against it's closest ally
Re: US economy unexpectedly sheds 92k jobs in February
#200Crazy 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.
No. At this rate, they’ll lose both house and senate and they’ll be unable to govern until they lose the presidency in 2 years. Polymarket is showing 56/44 today down from a top of 75/25 a half year ago.
The democrats lost the elections because of the economy. Gas prices were too high during Biden term.