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Forum » Robust Job Growth in May once again Exceeds Expectations
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Thread: Robust Job Growth in May once again Exceeds Expectations

post 1702097831 06-07-2024, 09:32 AM
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Robust Job Growth in May once again Exceeds Expectations

Expectations heading into this morning showed projections of about 190,000 new jobs having been added in the United States in May. As it turns out, according to the new report from the Bureau of Labor Statistics, the job market managed to do quite a bit better than that. CNBC reported:

The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest rates. Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow Jones consensus estimate of 190,000.
In addition to the encouraging top-line data, we also learned that wage growth continued to outpace inflation.
https://www.msnbc.com/rachel-maddow-...ons-rcna156001



You guys sick of winning yet?
post 1702097951 06-07-2024, 09:35 AM
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Original Ruckus
post 1702098161 06-07-2024, 09:37 AM
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Originally Posted By dabbmw2002⏩
I asked Sillie this question and he told me the answer was a lack of proper marketing from Democrats - why does every opinion polll show people think that the economy is not doing well and that Trump will be better?

Either the mainstream media has failed to somehow convince people that this good economy is in fact good or these macroeconomics numbers don't actually tell the real story
Because most Americans are dumb and confuse quickly getting Trump inflation under control with a "bad economy".

The numbers are the numbers. I also don't think anyone remembers what long term inflation feels like (like we had in the 70s and early eighties)
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