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Biden creates an economic crisis--Unemployment, Inflation, risk of STAGLFATION increasing


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Cool this whole progressive approach to crime is working. 

 

https://www.wsj.com/articles/san-francisco-commercial-real-estate-office-buildings-471742ea

 

maybe the homeless people can live in all the offices that have been vacated by companies who would rather not pay high rent only for their employees to be stabbed or climb wade through heroin junkies in sidewalk tents… 

 

progress! 

Edited by Over 29 years of fanhood
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Employment openings pulled back further in March, hitting a nearly two-year low in a sign that the ultra-tight U.S. job market is loosening and possibly putting less pressure on inflation, the Labor Department reported Tuesday.

The department’s Job Openings and Labor Turnover Survey showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February and below the FactSet estimate for 9.64 million.

At the same time, layoffs and discharges jumped by 248,000 to just over 1.8 million, taking the rate as a share of the workforce up to 1.2% from 1%.

Though the data set runs a month behind the nonfarm payrolls number, the Federal Reserve watches the JOLTS report closely for signs of labor slack. A lower number is positive for inflation as it indicates less pressure on wages and could ease pressure on the Fed to continue raising interest rates

 

https://www.cnbc.com/2023/05/02/jolts-march-2023-.html

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1 minute ago, Tiberius said:

Employment openings pulled back further in March, hitting a nearly two-year low in a sign that the ultra-tight U.S. job market is loosening and possibly putting less pressure on inflation, the Labor Department reported Tuesday.

The department’s Job Openings and Labor Turnover Survey showed that job vacancies totaled 9.59 million for the month, down from 9.97 million in February and below the FactSet estimate for 9.64 million.

At the same time, layoffs and discharges jumped by 248,000 to just over 1.8 million, taking the rate as a share of the workforce up to 1.2% from 1%.

Though the data set runs a month behind the nonfarm payrolls number, the Federal Reserve watches the JOLTS report closely for signs of labor slack. A lower number is positive for inflation as it indicates less pressure on wages and could ease pressure on the Fed to continue raising interest rates

 

https://www.cnbc.com/2023/05/02/jolts-march-2023-.html

yes tibs. the coming recession will decrease inflation.  

 

Kinda the goal of raising rates and slowing liquidity.

 

And the Corporate layoffs are just starting unless this economy swings fast.

 

 

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On 4/21/2023 at 11:08 AM, B-Man said:

 

 

THE BOTTOM LINE.

 


How Americans have taken a pay cut every month since Biden took office. 

 

“For the typical family with two parents working, their combined weekly paychecks are up about $200, but that money has lost so much purchasing power from inflation that it’s as if their weekly pay has shrunk by more than $100.”

 

https://nypost.com/2023/04/19/americans-have-taken-pay-cuts-each-month-since-biden-took-office/

 

 

 

 

THAT MEANS BIDENOMICS IS WORKING: 

 

 

 


yep, worst hits in all directions ever for my wallet. They took a easy covid rebound and fumbled it into oblivion.

 

now watch inflation and the recession every one knows is coming take years off of retirement nest eggs 

 

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The unemployment rate dropped to 3.4 percent last month, according to a Bureau of Labor Statistics report released Friday, as the labor market has recovered most of the workers who left their jobs during the pandemic and hovered near 50-year lows.

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4 minutes ago, Tiberius said:

The unemployment rate dropped to 3.4 percent last month, according to a Bureau of Labor Statistics report released Friday, as the labor market has recovered most of the workers who left their jobs during the pandemic and hovered near 50-year lows.

That’s because a quarter of the population is on welfare and has no interest in working. Keep up silly 

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4 minutes ago, Tiberius said:

The unemployment rate dropped to 3.4 percent last month, according to a Bureau of Labor Statistics report released Friday, as the labor market has recovered most of the workers who left their jobs during the pandemic and hovered near 50-year lows.

LMAO. 

 

 

 

 

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Just now, Chris farley said:

LMAO. 

 

 

 

 

Super good job report! Low unemployment, more Americans working and wages rising, 

 

Dark Brandon is good! 

2 minutes ago, Over 29 years of fanhood said:

That’s because a quarter of the population is on welfare and has no interest in working. Keep up silly 

Cry baby cry! People are working, lots and lots of them! 

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1 minute ago, Tiberius said:

Super good job report! Low unemployment, more Americans working and wages rising, 

 

Dark Brandon is good! 

Cry baby cry! People are working, lots and lots of them! 

None of that is true.

 

its just you are showing that you are very much out of touch with reality.

 

 

 

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3 minutes ago, Over 29 years of fanhood said:

That’s because a quarter of the population is on welfare and has no interest in working. Keep up silly 

 

Let's see some stats big boy, because most families receiving benefits have at least one employed person. 

 

https://www.census.gov/library/stories/2020/07/most-families-that-received-snap-benefits-in-2018-had-at-least-one-person-working.html#:~:text=The majority of families that,American Community Survey (ACS).

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1 minute ago, Tiberius said:

Super good job report! Low unemployment, more Americans working and wages rising, 

 

Dark Brandon is good! 

Cry baby cry! People are working, lots and lots of them! 

 

70 million are getting paid not to work with my money and the other 40 million people that pay all the taxes. 
 

Get off your ass and do something. Stop taking the welfare check you bum

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