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

Post by mempko » Tue, Sep 09, 2025, 5:27 PM UTC

nodesocket wrote: post #94

putzdown wrote: post #85

Earlier quoted context omitted.

I'd love to see the evidence for or against this assertion. If BLS is grossly inaccurate, that'd be a good thing to know. If it's accurate, also good to know. Evidence?

We can start with this reading. Average monthly job growth dropped from 147,000 initially to just over 70,000 a reduction of approximately 52% from their data. This at precisely when the Fed needed to start cuts when the administration has been aggressively hammering them. Hopefully the Fed is not too late this time, and their 6+ month delay cutting won't result in a recession or serious economic impact.

Post by bitsage » Tue, Sep 09, 2025, 5:31 PM UTC

dyauspitr wrote: post #2

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Post by hungmung » Tue, Sep 09, 2025, 5:32 PM UTC

wredcoll wrote: post #238

hungmung wrote: post #226

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Superdelegates hamstrung the process. Kate Brown for instance, the governor of Oregon at the time (who btw was an unelected governer during that term, as her predecessor had stepped down) voted against the will of her constituents for Hilldog -- Oregon had overwhelmingly supported Bernie. Let's not forget some of the caucuses in other states which were outright rigged. An auditorium blew up for Bernie but the presidi…

There's a number of things going on here, but the short of it is that to become the democratic nominee you need to convince a whole bunch of people, including some super delegates. Hillary Clinton did a better job of this than Bernie Sanders. How she did it could probably be the subject of an entire book, but no one has ever come up with any particularly scandalous stories about it so far.

Post by catlover76 » Tue, Sep 09, 2025, 5:39 PM UTC

nodesocket wrote: post #86

lantry wrote: post #77

Earlier quoted context omitted.

If you really think Trump's reason for gutting the BLS is so it can become more accurate, I have a bridge to sell you

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Post by esseph » Tue, Sep 09, 2025, 5:41 PM UTC

jghn wrote: post #138

milesvp wrote: post #132

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The interest rates were wild in 1982. My dad said that no one would lend for a mortgage, and we ended up doing seller financing to buy my childhood home. Also, not enough people talk about housing prices in high interest rate environments. Mortgage payments are the thing that tether housing prices, and act as a lever. We see it today with just an extra 4% with low housing volume and people reluctant to sell, because…

I remember my parents being excited about the opportunity to refinance their mortgage to something in the high teens. And now these days headlines act like the apocalypse is occurring when mortgage rates are in the 6-7 range.