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US economy unexpectedly sheds 92k jobs in February

bbc.com

571–580 of 836 posts

Re: US economy unexpectedly sheds 92k jobs in February

#571
post #554

I grew up in the US and lived there for 30 years, but now I live in Europe. Every single one of my friends in their 30's finds visiting the US absolutely terrifying (even those who have previously been). I have yet to meet a single friend in today's day that has expressed any interest in visiting.

A Senior Software Engineer in Stockholm can expect to make less money than a Graduate Software Engineer in the United States, and will pay more taxes. It's simple, as a technologist, you live in Europe if retirement isn't important for you. Because you'll have almost nothing to show for it after 30 years in tech in Europe.

Except lots of vacation, travel, etc.

Re: US economy unexpectedly sheds 92k jobs in February

#572

Earlier quoted context omitted.

Healthcare was carrying the economy. Any commentary on why that’s failing?

There was a strike. That particular number is probably worth ignoring.

Sad/funny that your comment is at the bottom.

Workers on strike are classified as not employed, so yeah we should ignore that category

Re: US economy unexpectedly sheds 92k jobs in February

#573

Earlier quoted context omitted.

Which policies specifically? Certainly not the income tax on million+ income, seems pretty modest. We moved from TX. Property tax rate is low, no income tax sub million in income, schools are great (and almost all new), roads are fine and transit seeing massive investment. They definitely need to fix budget, but there's _ample_ wealth here to deal with it. I think they'll figure it out. _Oregon_ has bad policies (10%…

You can add in the increasing B&O (revenue) taxes, payroll taxes, data center taxes, and the expansion of the extremely high sales taxes to things that effectively make Washington uncompetitive. The cost of doing business has become unreasonably high and is so badly structured that it creates perverse incentives for how you organize business. And then you have a litany of new business regulation across every sector o…

>You can add in the increasing B&O (revenue) taxes, payroll taxes, data center taxes, and the expansion of the extremely high sales taxes to things that effectively make Washington uncompetitive.

None of this matters. We have been hearing how California is doing the same shit for years and people are moving out in droves, but turns out California house prices are still high because people are staying there and its still a very good place to live and work on the average, despite way higher cost of living.

So Washington is going to do just fine.

Re: US economy unexpectedly sheds 92k jobs in February

#575

Earlier quoted context omitted.

Your head's in the sand. Where I live we have bounty hunters kidnapping people into unmarked vans. For six months or more now. Would visitors likely be safe? Sure, but not necessarily and I can't blame people for being cautious and there's so much unpredictability around it, even for those of us who are familiar.

> I can't blame people for being cautious and there's so much unpredictability around it I can. Again, this is like refusing to visit CDMX because you heard about gang violence or avoiding Sicily because there is crime. Those singular events aren’t false. But they don’t make up the majority of the context. Someone refusing to travel because of these low-probability events (note: because of fear of them, not out of pr…

> But they don’t make up the majority of the context. Someone refusing to travel because of these low-probability events (note: because of fear of them, not out of protest, which is separate) is almost certainly behaving irrationally.

Statistically speaking, it's very safe for a white American to go to Dubai/Doha these days.

Would you fault them for not going?

Re: US economy unexpectedly sheds 92k jobs in February

#576

Earlier quoted context omitted.

I come from healthcare staffing. Contracts were heavily affected by cuts in federal programs that are critical to some rural regions, and uncertainty caused by inconsistent messaging about the future of such programs. Some areas are very dependent facilities that can only survive with public funding. For example in nursing categories, CNOs (Chief Nursing Officers) would be requesting more staff, but CFOs would block…

Thank you. Is there a good reason this is showing up now versus in the 2025 data?

I don't see why we should believe any of the data in the first place. At best, I assume good people have been let go and proper procedures are falling by the wayside. At worst, it is being manipulated (even perhaps incompetently).

Re: US economy unexpectedly sheds 92k jobs in February

#577
post #50
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...

What a head-in-the-sand comment. Are you very wealthy? Congrats! You can ignore the flames for a little longer than the rest of us.

Re: US economy unexpectedly sheds 92k jobs in February

#579

“Unexpectedly” lol We’ve been digging ourselves a giant AI-inflated hole in the economy for months and folks have just been playing musical chairs to grab as much money as possible before the music stops. Hard to believe it’s taken this long. I never wanted to live through the late 70s / early 80s economically but I guess I’ll have my chance!

I hate to break it to, you but AI is not the reason why the numbers are down. AI makes everyone productive - for every engineer that is laid off due to AI from big tech, that person still has skills that when coupled with AI makes them eligible for slightly lower paying job.

The reason the numbers are down should be pretty obvious.

Re: US economy unexpectedly sheds 92k jobs in February

#580
post #557

At this point it seems absolutely intentional. Where I live they're trying to block multiple billions of dollars of already allocated money used to fund county hospitals. Accelerationists in office explicitly declaring intent to bring about Armageddon via official channels? Why would they care about keeping people employed when they don't seem to think there's room for everyone to even live? https://www.theguardian.c…

[flagged]

You realize your propaganda bullshit is very easy to spot, right?

Spout off a bunch of random disconnected facts, in hope that nobody fact checks them, hoping that people forget that pedofile who tried to coup the government is our President right now.

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