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US economy unexpectedly sheds 92k jobs in February

bbc.com

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Re: US economy unexpectedly sheds 92k jobs in February

#711

Post by HaloZero »

jimt1234 wrote: post #437
Rexxar wrote: post #419

Here is the official source: https://www.dol.gov/newsroom/economicdata/empsit_03062026.pd... Some of the main categories (page 8 of the pdf): - Construction: -11.0k - Manufacturing: -12.0k - Transportation and warehousing: -11.3k - Private education and health services: -34.0k - Information -11.0k - Leisure and hospitality -27.0k It seems to go down in lots of different sectors.

I wonder why "Private education and health services" is down so much. My guess is because federal cuts to health services impacted jobs???

Trump has made coming into the US less attractive which is a source of a huge amount of money for colleges and other schools in the US. Foreign tuition is $$$.

Plus cuts to the department of education, non profit spending in general.

That’s just a guess though.

Re: US economy unexpectedly sheds 92k jobs in February

#712

Post by johnnyanmac »

rurp wrote: post #483
Herring wrote: post #327

Since the end of WW2, and especially since the end of the Cold War, Democratic administrations have presided over significantly higher job growth than Republican administrations. https://arc-anglerfish-washpost-prod-washpost.s3.amazonaws.c...

They're also the only party of fiscal responsibility, although Biden broke the pattern there. Nearly all deficit reduction over the past couple generations has happened under Democrats.

Even with Biden, the pandemic situation was handled relatively well compared to most of the world. We were due for a "soft landing", and then we voted to instead tax ourselves with tsrriffs and scare off the lion's share of our tourism. Oh, and give tax cuts to billionaires, of course.

Re: US economy unexpectedly sheds 92k jobs in February

#713

Post by johnnyanmac »

dixie_land wrote: post #345
cloverich wrote: post #295

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%…

When did blatantly unconstitutional laws become modest?

Why are income brackets unconstitutional?

Re: US economy unexpectedly sheds 92k jobs in February

#714

Post by johnnyanmac »

prh8 wrote: post #285
jandrewrogers wrote: post #176

Earlier quoted context omitted.

In Washington it is much broader than the tech sector. Washington is being buried in indefensibly bad legislation that is extremely hostile to large companies and tech companies of every size for openly ideological reasons. It has rapidly become one of the worst business environments in the country when it used to be one of the best. Many companies have stopped or reduced hiring in Seattle and are moving operations t…

For readers not in Washington, there is currently legislation being worked on that is essentially a millionaire's tax, (simplified as) 10% income tax on income over 1 million dollars, inflation adjusted. There are a few very angry, emotional, and vocal opponents of this in most corners of the internet, although very few of them actually make a million dollars and there are many million+ income people supporting this.…

Similar thing in California. And good ol' fronttunner for president Gavin Newsom is actively trying to kill it.

Just to remind you that he's still indeed an Establishment Democrat. He won't drown us in fascism, but he sure isn't fighting for the working class.

Re: US economy unexpectedly sheds 92k jobs in February

#715

Post by tzs »

univacky wrote: post #226
iso1631 wrote: post #105

Earlier quoted context omitted.

It's not the government that's the problem per-se, it's the fact half the US supports that government

American here. I have to agree with this sentiment (without getting into the math of our deeply flawed election system). The administration could not do any of this without the support of Congress, which has not wavered. That support is unwavering because those elected officials are not getting negative feedback from their voters and donors, so they have every expectation that staying this course will work out just g…

Congress has received plenty of negative feedback from their voters. The intensity and frequency of Republican voters confronting their representatives over many administration policies (e.g., Medicaid cuts, ACA subsidy cuts, tariffs, Epstein, influence of unelected officials) when those representatives hold in-person town halls has led to representatives greatly reducing in-person town halls, replacing them with tele-town halls so they can cut off people.

Re: US economy unexpectedly sheds 92k jobs in February

#716

Post by mizzao »

Rexxar wrote: post #419

Here is the official source: https://www.dol.gov/newsroom/economicdata/empsit_03062026.pd... Some of the main categories (page 8 of the pdf): - Construction: -11.0k - Manufacturing: -12.0k - Transportation and warehousing: -11.3k - Private education and health services: -34.0k - Information -11.0k - Leisure and hospitality -27.0k It seems to go down in lots of different sectors.

Does construction include undocumented workers?

Re: US economy unexpectedly sheds 92k jobs in February

#717

Post by tzs »

thefreeman wrote: post #637
mschuster91 wrote: post #476

Earlier quoted context omitted.

> The math just doesn't work out for someone relatively young and with no major health issues. The thing is, bad and expensive health issues can literally come upon you over night. You can get hit by a vehicle or get beaten up with no perpetrator to be held accountable, you can develop an aneurysm, get food poisoning, get pregnant unexpectedly (with all the risk that comes with, including healthcare not being accessi…

don't you get a tax penalty if you aren't insured for 100% of the year?

That got remove in Trump's first term.

Re: US economy unexpectedly sheds 92k jobs in February

#718

Post by trogdor »

saalweachter wrote: post #704
fakedang wrote: post #698

Earlier quoted context omitted.

Banff is much better than Vail or Jackson Hole though. I would even say better than Tahoe, if not for the lake.

It's not so much what's better as whether it's different enough to attract a significant tourist group from areas with similar attractions nearby. Like, if you want to see a rain forest or a thousand year old Buddhist temple or a pyramid, there's not really a substitute in the continental US. But if you've two options, where you can go to the pretty good option domestically or drive past it and continue on to the muc…

> if you want to see a rain forest or a thousand year old Buddhist temple or a pyramid, there's not really a substitute in the continental US

Minor nitpick, but there are temperate rain forests in the continental United States. What we don’t have are tropical rain forests.

Re: US economy unexpectedly sheds 92k jobs in February

#719

Post by mvdtnz »

TwoNineA wrote: post #121
iso1631 wrote: post #105

Earlier quoted context omitted.

It's not the government that's the problem per-se, it's the fact half the US supports that government

Controversial opinion, it's way more than half: 1/3 voted for the orange man, 1/3 didn't bother go to vote because "BoTh SideS ARe thE SamE!" and 1/3 tried to do the right thing.

If someone looks at (admittedly shitty) candidates like Harris and decides she's as bad as Trump it means the implicitly approve of Trump. You need a mushy brain to not see that there's shit (Harris) that there's Trump, orders or magnitude worse.

Re: US economy unexpectedly sheds 92k jobs in February

#720

Post by mvdtnz »

flerchin wrote: post #99
cheesecompiler wrote: post #29

Earlier 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.

I took a taxi ride from Niagara (ON) to Buffalo. The Canadian driver really was leery of Americans and I apologized for everything. It's a dang shame, and I don't blame you all for feeling this way.

Do you Americans realize it means absolutely nothing to us when one of you "apologises for" Americans? You do that for you, not us. It's weird and gross. You don't speak for Americans. Americans speak for Americans, and the message is loud and clear.
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