ADP National Employment Report: Private Sector Employment Increased by 184,000 Jobs in March; Annual

Discussion in 'Current Events' started by omni, Apr 3, 2024.

  1. omni

    omni Well-Known Member

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    https://www.prnewswire.com/news-rel...in-march-annual-pay-was-up-5-1-302107138.html

    Looks like the economy continues to buck the trend! The naysayers will have to wait another day for the economy to crumble. Job increases with pay gains is a win in my book. Also we are seeing job increases in areas that the country has struggled with in recent memory.
     
  2. independentthinker

    independentthinker Well-Known Member

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    People know the real truth every time they go to buy something, despite the left trying to lie to everyone about how great things are.
     
  3. mdrobster

    mdrobster Well-Known Member

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  4. Boilermaker55

    Boilermaker55 Well-Known Member

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    Give us examples of the lie, that is if you can without fabricating information.
    This is about employment and not what you tried to say.


     
  5. Hey Now

    Hey Now Well-Known Member

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    Yep, Biden Admin and the FED, a great example of governing competency given the total **** show he inherited.
     
    Last edited: Apr 3, 2024
  6. mdrobster

    mdrobster Well-Known Member

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    The past 2 Republican POTUS left their office with the economy in a poor state.
     
  7. Golem

    Golem Well-Known Member Donor

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    Seven months ahead of the elections, the economy keeps improving. Come November, this looks like it simply is not going to be a winning issue for Republicans. They'll have to look elsewhere.

    Immigration has always been a safe bet for them. Xenophobia is a solid selling point for the right. However, they have relied on it far too many times and the sky has not fallen.
     
  8. independentthinker

    independentthinker Well-Known Member

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    It's about the economy and the economy is about how much people pay for things. They don't want to hear any of your deflections about how great things are when Americans know things are not great.
     
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  9. Steve N

    Steve N Well-Known Member Past Donor

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    These numbers always look great until they're quietly lowered a month or two later when no one is looking.
     
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  10. Boilermaker55

    Boilermaker55 Well-Known Member

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    Jobs are Jobs which are a very IMPORTANT element of the economy with wages...wages are up and employment is up, that means UNEMPLOYMENT is down.
    Get it!
    Stick with your lies and deceptions.


     
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  11. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Its one of those rare times when people want the economy to cool, not run hot. When it cools, the rates come down, and so will inflation. Having said that, this is ADP estimate. The actual report comes out on Friday.

    They actually do NOT want them to look great, because a low number would invite Fed rate cuts, which is what everyone is waiting for. Well, wage growth beating inflation IS something everyone wants to see
     
    Last edited: Apr 3, 2024
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  12. hawgsalot

    hawgsalot Well-Known Member

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    just think what could’ve happened if we didn’t have a brain dead president.
     
  13. Hey Now

    Hey Now Well-Known Member

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    A really bad example^ of desperation from reality :)
     
  14. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I am always hiring and noticed that more people are applying for positions. A year ago, I placed ads every day and got very few applications. Why do you think more people are looking for work? I think inflation is a big factor.
     
  15. Bullseye

    Bullseye Well-Known Member

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    How many retirees going back to work to earn enough to survive the Biden disaster? Or husband/wife switching from "stay-at-home" to member of the labor force?
     
    Last edited: Apr 3, 2024
  16. omni

    omni Well-Known Member

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    Increasing the labor participation rate is a good thing, something cons point to all the time.
     
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  17. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Inflation is less than half of what is was a year ago, so I'm not sure how its a factor in the jobs market.

    Probably not many, since SS is inflation adjusted, stock market gained 26% and CDs are paying more than they have in decades.

    Only when it suits the narrative.
     
    Last edited: Apr 3, 2024
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  18. omni

    omni Well-Known Member

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    Wages are outpacing inflation though
     
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  19. Bullseye

    Bullseye Well-Known Member

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    In a broad sense, that's true. But forcing Granny to work at a Burger King to save her house and put food on the table, is just a tad too extreme. Particularly when she worked for 40-50 years saving up so she wouldn't HAVE to keep working.
     
  20. The Mello Guy

    The Mello Guy Well-Known Member

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    Unemployment hasn’t been this low for this long in 60 years. But let’s pretend slight revisions down are important lol
     
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  21. Golem

    Golem Well-Known Member Donor

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    Wrong! It's about whether or not people can AFFORD things. And sometimes it takes a while to adjust. But once people start realizing that, not only can they afford them, but they can afford MORE of them than they did under Trump, it will stop being an issue.

    I don't know what Republicans are going to run on, but they are running out.... Biden's age, I guess. But I don't think that will make much of a difference. Because I sense people will vote for or against Trump. Very few will care about the other guy in the race.
     
  22. omni

    omni Well-Known Member

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    It's actually unchanged. It's down from 27,825,000 in 2019 when we had the greatest economy of our lifetime.

    upload_2024-4-3_11-48-50.png
     
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  23. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Since May, but it doesn't make up for the previous 2 years. Also, food and energy are not factored in to the inflation rate. Workers are worse off. The tax man gets a raise!
     
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  24. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Its extreme because you invented it. Any retiree who prepared for retirement are doing pretty well considering stock market gained 26% last year and CD are paying more than they have in decades, and houses have more equity in then than ever. Some retirees go back to work because they are bored, or because they didn't cave money for retirement. Most people simply have not saved enough for retirement.

    Sure but for a year now wage growth has beaten inflation, and if it keeps up, people will regain their purchasing power.
     
    Last edited: Apr 3, 2024
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  25. sec

    sec Well-Known Member

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    Nice, maybe there will be a human at McDonalds the next time I go instead of the kiosk.
     

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