Jobless Rate Hits 53-Year Low, unemployment rate fell to 3.4%

Json

Superstar
Joined
Nov 21, 2017
Messages
12,282
Reputation
1,328
Daps
37,098
Reppin
Central VA
Pretty lackluster jobs report because these sectors can't sustain job growth. Once the tech layoffs start actually being counted. These phony numbers will evaporate. And they still haven't solved sky high inflation. Shills are basically celebrating losing 6 figure tech jobs for low paying retail and construction jobs.


Leisure and hospitality added 128,000 jobs to lead all sectors. Other significant gainers were professional and business services (82,000), government (74,000) and health care (58,000). Retail was up 30,000 and construction added 25,000.
We are about to hit spring/summer travel season.

Construction, leisure and hospitality are going to keep hiring for the next several months.

Tech jobs are in high demand( people might have to move or take pay cuts).

Your smokescreen evaporation ain’t coming. It will fluctuate like it always does.
 

Thanos

?
Joined
Nov 21, 2016
Messages
5,437
Reputation
843
Daps
17,255
Reppin
Atlanta
Pretty lackluster jobs report because these sectors can't sustain job growth. Once the tech layoffs start actually being counted. These phony numbers will evaporate. And they still haven't solved sky high inflation. Shills are basically celebrating losing 6 figure tech jobs for low paying retail and construction jobs.


Leisure and hospitality added 128,000 jobs to lead all sectors. Other significant gainers were professional and business services (82,000), government (74,000) and health care (58,000). Retail was up 30,000 and construction added 25,000.
:yeshrug:if the jobs don't pay enough, what are those job really?
 
Top