As has been the case for some time, the jobs numbers are more full of holes than swiss cheese. Dig a little deeper and you quickly conclude that either they are being willfully manipulated or BLS has huge problems with their estimation models.

 

Yup. I read a couple of independent analyses of the latest report. Not favorable at all to this administration.

That was followed by an increase in jobless claims.

 

It seems to me that I have always heard the news say 'Jobs are up', but at best that is a nationwide statistic.

It is not like you can look out somewhere and see all of these jobs.

I do not know how any of us can use such data to improve our lives.

My father was a construction worker for the IBEW. He would stop by the union hall every week, and each time there was always a rumor of jobs somewhere. Some 'big project' hiring somewhere. His buddies would load up their trucks and drive somewhere to sign the local union book in the hope of being hired the next week.

But when the Dept of Labor releases their numbers, I am not sure of how useful that data is for anyone.

I used to think the unemployment numbers were useful, but then I did a deep dive into how those numbers get tweaked, and I learned that they are just trying to influence voter behavior.

 

These job numbers are coming from the same administration that says the border is absolutely secure.

 

At least the +43,000 new govt. jobs was lower that the average of +52,000 over the previous 12 months.

Employment Situation Summary - 2025 M07 Results

www.bls.gov

 

Who's counting the jobs?

 

Who's counting the jobs?

I saw Peter Morici on Fox Business this A.M.,

He said in order for those job numbers to be accurate, it must be mostly the illegal immigrants landing jobs.

 

You have Texas and Florida claiming the state economies are booming with Florida alone claiming its labor force grew by 2.2 percent (+243,000) over-the-year in January 2024.

 

You said the 2 magic words. Florida and Texas. Guess where people are moving too? And it's a good thing.

 

What kind of jobs? 2nd and third jobs? To cover the costs of inflationary Bidenomics?

 

Like most of the monthly jobs reports over the last few years, the previous two months’ numbers were revised downward.

 

I wouldn't call it good.....nobody every became free by working for other people.

 

?? Most people work for other people

 

I do not believe these new jobs are cumulative.

That is, they are not added to the current labor force but rather serve as a substitute for those being laid off.

Peter in Florida already posted something on this.

 

. . . . . . . . I have ocean front property in WV for sale at a great price!🤑🤫🤑

 

Part time job numbers are up. Full time job numbers are down in almost the same direction. All of that is including illegal immigrant job placement. More illegal immigrants holdimg part time jobs is the magic number behind the curtain. If ya believe talk radio AM 1420 WOC. Quite frankly im too drunk at this point to fact check. Enjoy your weekend everybody! God Bless!

 

Part time job numbers are up. Full time job numbers are down in almost the same direction. All of that is including illegal immigrant job placement.

Yep. The thing about numbers is they don't really matter when you cook the books to show the result you want. Losing 150,000 full time jobs but gaining 325,000 part time jobs is not a good thing. Remember it's just payroll, so you get laid off your full time career and have to work at Wallmart, Wendy's and taco bell that counts as +2 jobs. I continue to see the purse strings tighten in the corporate world.

 

Economy is booming for some.

 

That's 286,000 Part time jobs

 

May not be seeing these jobs, since they seem to be going to illegals

Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

Yard care and construction, they are seasonal jobs.
Farming, harvest especially, lawn and garden centers,
lemonade stands lol, it’s a numbers game.

 

A good friend of mine works for a big box unionized grocery store and he says the new hires they’re getting are all inefficient, old, disabled and people that can’t get anything better. I’m wondering where all the able bodied youngsters are, when I was growing up the workforce was full of Gun Ho kids in and just out of high school

 

It could be that young and able bodied don’t want to work for a grocery story, much less for a unionized one.

 

Darwin,

Re # 21;

I understood your initial point being made and still agree with it even when changing over from "slave" to "serf".

Only until recently, starting ~ 1870s until ~ 20th century, both of these labor forces were about the same with the big difference being a slave could be sold in slave markets. A serf was a part of the land.

 

I also don't read to much into the latest numbers because especially the last few years they get revised...usually down.

 

I don't know much about this guy but from the couple clips I've seen he seems to have a very rational, fact based approach to presenting info. Check out his video on why the current job numbers fall into the camp of total BS.

If you don't want to watch the summary is:
full time jobs dropped massively, or got converted to one or more part time.
many people got second third forth jobs driving the numbers up
probably most significantly labor force participation rate. If we use the LFP numbers from a year ago to the number of unemployed now unemployment is 4.5 or higher, not 4.0, and up dramatically
stats trickery to make things look better

 

I don't know much about this guy but from the couple clips I've seen he seems to have a very rational, fact based approach to presenting info. Check out his video on why the current job numbers fall into the camp of total BS.

If you don't want to watch the summary is:
full time jobs dropped massively, or got converted to one or more part time.
many people got second third forth jobs driving the numbers up
probably most significantly labor force participation rate. If we use the LFP numbers from a year ago to the number of unemployed now unemployment is 4.5 or higher, not 4.0, and up dramatically
stats trickery to make things look better

And in excess of 100% of the jobs created in the last few years went to foreign born workers, many illegal.

 

Globalist gonna global.

 

Its clear at this point the jobs number are overstated. Not sure who is counting the jobs numbers but its clearly a guy, overstating the size of the numbers.