Private Sector Jobs Fell By 301,000 in January

The number of workers on private payrolls fell by 301,000 in January, falling far short of expectations for growth of 225,000 jobs.

The leisure and hospitality sector shed 154,000 jobs. Trade, transportation, and utilities dropped 62,000 workers. Other services saw payrolls decline by 23,000. Health and education jobs fell by 15,000. Information technology jobs fell by 8,000 and financial services sank by 9,000.
Manufacturers cut 21,000 positions. Construction declined by 10,000. Mining and natural resources added 4,000.

All told, the services sector’s payrolls fell by 274,000 and the goods-producing sector’s payrolls dropped by 27,000.




Once again Brandon falls short with jobs.

An increase was expected but it appears to be a decrease in jobs.

The economy continues to falter on his watch.

 

Given the holidays are over and the seasonal workers have been laid off and due to covid, it's not surprising. Too bad Biden couldn't wave a magic wand like some in here would want to and make it go away but that's life for the time being.

 

Our economy is going strong. Unemployment is still remarkably low, GDP is better than it has been in decades. The shortfalls here are likely more to do with labor shortages. There is a higher demand for workers than there is supply. Businesses are going to have to figure out what they want to/can do about that.

 

I believe the OP is a false premise. There isn't any link to refer to so I think the term "job loss" being used would more accurately be put as "job left". People are quitting jobs at a high rate and not "losing jobs".
A deliberate false premise.

 

The jobs fell shorter THAN EXPECTED. Surely the job gurus took the holidays and virus into account. Who’s being laid off due to the virus? I’ve head people are being fired, but not laid off.

Any, the other day Psaki set us up for this, she knew the report was going to be bad and blamed it on people calling off sick. People who call off sick are still employed.

 

Brandon induces yet another recession. Zucker was so skart he resigned today...

 

Uh, no. Not everyone who calls in sick remains employed.

 

he said absent any citation of his own.....LOL

 

What recession? You do realize that word has an actual meaning, right? And that our GDP is better than it has been in decades?

 

LOL... Now you claim words have meanings.. And yes, I understand what recession is. It looks like jobs leaving the pool. Like last month. And when it is followed up because more jobs are lost over the coming months, that will certainly derail any artificial GDP gain induced with federal spending... And no, GDP isn't "better" than is has been. GDP is still struggling to recover from the last DNC antics....

 

AKA gas lighting.

 

So, to clarify, I've always claimed words have meanings. And, no, you clearly don't know what a recession is. And, no, the GDP gains have nothing to do with "artificial gains with federal spending." Anyone who has ever cracked an econ book could not only explain to you what a recession actually is, but could also explain to you that such spending would cause GDP to FALL, not RISE. And, yes, annual GDP growth, even after factoring in inflation, is better than it has been in decades. This is mathematical fact. You are literally trying to argue that 2+2 = 5. Math says you are wrong. You are objectively wrong. You are working entirely based on feelings. The facts don't care about your feelings.

 

Sorry, the word soup was too think to see through. But I did. Essentially, you're not just whining because you got called out on your baseless original assertion. And should we see two consecutive quarters of GDP decline, yup, even you will have to admit that I'm right. Show us the engine that is (other than government subsidies) going to reignite what is now a failing economy...

 

Source is Breitbart.

Type in the thread title and breitbart and you will see it.


My pos phone won't let me copy and paste the link today.

 

I just heard he resigned.

What a collection of losers and deviates.

 

Most of this is illegible. My assertion is that you were using the word recession incorrectly. Now you seem to realize that you were, indeed, using it incorrectly and are now shifting to making up fake bull **** about a "failing economy" when growth is stronger than it has been in decades.

And, YES, if we DO see two consecutive quarters of GDP decline, THEN I'll admit there's a recession. That's not what's happening. Unlike you, I can actually consult facts when making my claims. I'll go where the facts lead, not just my feelings, which is what you are doing. Have the past two quarters of GDP been in decline? NO. How the **** did you miss that before spouting this BS?

 

So clearly, you don't know what words mean. "Illegible" on a computer with standardized text is meaningless. Perhaps you were looking for the word unintelligible which might have at least attempted to describe your disdain for the rebuttal you just got. And yes, I do know what the word recession means, and highlighted it for you in a coherent sentence which you seemed not be be able to read because the words weren't legible... LOL... Never mind. The economy shrinking won't improve the economy, or how do you suppose idle workers will spend money unless through the use of government stimulus which isn't forthcoming? Or did you simply ignore that part?

 

Words often have multiple meanings. That's what those numbers in the dictionary are for.

You were called out for using the word incorrectly, so you went and looked up the word and used it correctly . . . in a way that proves you were previously using it incorrectly. Congrats. You learned what the word means. Now you understand why you were using it wrong.

The economy isn't shrinking. The economy is growing.

So, to recap: you said this was a recession. When called out on the fact you were using the word wrong, you finally got it right . . . in away that proved you were previously using it wrong. Go back and read your own post. 2 consecutive quarters of negative GDP growth. Remember? Do you remember writing that? Did you bother to actually look up the past 2 quarters of GDP? Hint: they were both positive. Which is the opposite of negative.

 

Your spin and selective logic is tiresome.

The economy stinks by almost every metric under Biden.

He's a dumpster fire.


He's a failure.

And YOU cant.sprinkle enough glitter on that turd to help.

 

GDP is the primary economic indicator. Has been for as long as either of us have been alive. I know you want to play make-believe that I'm the one who came up with that, but I'm not. You guys tried appealing to it when Trump was in office. Remember? If you have a better indicator, publish something about it. You'll probably (and I'm being literal here) win the Nobel Prize if you can come up with something better. Until then, that metric is very good. So is unemployment. Most metrics have been continuing on the same sort of growth trend across the past couple of administrations, which is why I don't fall into the whole "The President is in charge of the economy" bull ****. Sorry, but the only "spin" here is on your side of the glass.

 

Thats more of a sign of exhausted unemployment benefits.. They are, have been counted as full employment ever since Mr, Obatard presidency..

 

The OP was simply an opinion. I gave my opinion. The OP gave no thought to backing his so neither did I.

 

Ok, fair enough.

 

Typical right-wing FAKE NEWS lies! The BLS jobs report does not come out until this Friday!!!!

 

Thank you for proving you know nothing about what a recession is!!
It is NOT two consecutive quarters of GDP "decline" but two consecutive quarters of "negative GDP growth," like Tramp had in the first and second quarters of 2020.