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Jobs Reports.

Archetype XLIV

Platinum Buffalo
Dec 20, 2007
30,501
2,515
113
The recently updated January jobs report indicates a downward revision, revealing that only 229,000 jobs were added instead of the initially reported 353,000—an adjustment of 129,000 fewer jobs.

This pattern extends over the last 12 months, with 10 months experiencing downward revisions in their job numbers. Notably, November 2023's job figure dropped from 199,000 to 173,000, and October's report was revised down from 150,000 to 105,000. September saw a decrease of 74,000 jobs.

The trend of substantial job revisions has become anticipated, overshadowing initial "beats" with the realization that many turn out to be significant misses after revisions. Despite this, the impact tends to fade from memory as each month passes. What could be driving this consistent downward adjustment in job data?
 
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The recently updated January jobs report indicates a downward revision, revealing that only 229,000 jobs were added instead of the initially reported 353,000—an adjustment of 129,000 fewer jobs.

This pattern extends over the last 12 months, with 10 months experiencing downward revisions in their job numbers. Notably, November 2023's job figure dropped from 199,000 to 173,000, and October's report was revised down from 150,000 to 105,000. September saw a decrease of 74,000 jobs.

The trend of substantial job revisions has become anticipated, overshadowing initial "beats" with the realization that many turn out to be significant misses after revisions. Despite this, the impact tends to fade from memory as each month passes. What could be driving this consistent downward adjustment in job data?
@extragreen should read this
 
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the impact tends to fade from memory as each month passes. What could be driving this consistent downward adjustment in job data?
biden-sniff.gif
 
More jobs created in 2023 than any year under your orange jesus.

You cons should read this^^^
 
During your orange jesus term, 12 months were at the same percent for employed people holding more than 1 job.
 
Covid??? Supply train??? Trump?????
Whatever it is, Greed will have an excuse. The fact that he has never once admitted that the Democrats have ever made a poor decision or weren't successful is a clear demonstration of his dishonesty.

I guess that makes sense that he would take on this mentality. Jesus was a sinless human. Greed thinks the same of his other versions of Jesus - Dementia Jesus, Crazy Nancy Jesus, Obama Jesus, etc.
 
Unemployment at highest level since Jan 2022.
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was).
 
Whatever it is, Greed will have an excuse. The fact that he has never once admitted that the Democrats have ever made a poor decision or weren't successful is a clear demonstration of his dishonesty.

I guess that makes sense that he would take on this mentality. Jesus was a sinless human. Greed thinks the same of his other versions of Jesus - Dementia Jesus, Crazy Nancy Jesus, Obama Jesus, etc.
The democrat party is his priority religion.
 
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was).
Unemployment is highest since January 2022. Fact.
 
Unemployment is highest since January 2022. Fact.
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was). FACT.
 
More jobs created in 2023 than any year under your orange jesus.

You cons should read this^^^
 
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was). FACT.
Unemployment is at its highest level since Jan 2022. Indisputable FACT.
 
Unemployment is at its highest level since Jan 2022. Indisputable FACT.
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was). FACT.
 
Is 4.0 more than 3.9? Has the number been lower than 3.9 every month beginning in February 2022 and lasting through January 2024? Is the rate 3.9 for February 2024?

If the answer to all three of those questions is yes, then the unemployment rate is at its highest level since January 2022 and any attempt to rationalize the FACT away is a lie.
 
Is 4.0 more than 3.9? Has the number been lower than 3.9 every month beginning in February 2022 and lasting through January 2024? Is the rate 3.9 for February 2024?

If the answer to all three of those questions is yes, then the unemployment rate is at its highest level since January 2022 and any attempt to rationalize the FACT away is a lie.
Jobs soon to be revised down……
 
Is 4.0 more than 3.9? Has the number been lower than 3.9 every month beginning in February 2022 and lasting through January 2024? Is the rate 3.9 for February 2024?

If the answer to all three of those questions is yes, then the unemployment rate is at its highest level since January 2022 and any attempt to rationalize the FACT away is a lie.
You get stupider the more you post. The UE rate was at 4 in Jan 22 and you're attempting to complain about 3.9 at the present.
Fact: The average annual UE rate was better in both 2022 and 2023 than the best year under your orange jesus (when you telling us how HOT the economy was). FACT.
 
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