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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Bidenomics At Work

Bidenomics At Work

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  • AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #215

    https://www.bls.gov/news.release/empsit.nr0.htm

    Total nonfarm payroll employment increased by 272,000 in May, and the unemployment rate changed
    little at 4.0 percent ...

    In May, average hourly earnings for all employees on private nonfarm payrolls increased by 14 cents, or 0.4 percent, to $34.91. Over the past 12 months, average hourly earnings have increased by 4.1 percent. In May, average hourly earnings of private-sector production and nonsupervisory employees
    increased by 14 cents, or 0.5 percent, to $29.99. ...

    1 Reply Last reply
    • LuFins DadL Offline
      LuFins DadL Offline
      LuFins Dad
      wrote on last edited by
      #216

      LOL, @George-K , can you find that post about the adjustments that just happened?

      The Brad

      George KG 1 Reply Last reply
      • LuFins DadL LuFins Dad

        LOL, @George-K , can you find that post about the adjustments that just happened?

        George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #217

        @LuFins-Dad zerohedge usually comes out with that info in a timely basis. But not yet today.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        LuFins DadL 1 Reply Last reply
        • George KG George K

          @LuFins-Dad zerohedge usually comes out with that info in a timely basis. But not yet today.

          LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #218

          @George-K said in Bidenomics At Work:

          @LuFins-Dad zerohedge usually comes out with that info in a timely basis. But not yet today.

          I thought I saw something that showed they just had a MASSIVE revision for December and March.

          The Brad

          1 Reply Last reply
          • George KG Offline
            George KG Offline
            George K
            wrote on last edited by
            #219

            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

            1 Reply Last reply
            • LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #220

              He gets community noted every time he posts that

              The Brad

              1 Reply Last reply
              • CopperC Online
                CopperC Online
                Copper
                wrote on last edited by
                #221

                962 replies, most are mocking him

                1 Reply Last reply
                • JollyJ Offline
                  JollyJ Offline
                  Jolly
                  wrote on last edited by
                  #222

                  If you tell a lie loud enough and long enough...

                  “Cry havoc and let slip the DOGE of war!”

                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by George K
                    #223

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    1 Reply Last reply
                    • JollyJ Offline
                      JollyJ Offline
                      Jolly
                      wrote on last edited by
                      #224

                      Look at the IT jobs...

                      “Cry havoc and let slip the DOGE of war!”

                      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                      1 Reply Last reply
                      • George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by
                        #225

                        Black and Hispanic unemployment is at a record low

                        There have never been more Black and Hispanic Americans in the workforce, Friday’s Labor Department job report showed.

                        The jobless rate for Hispanics hit a record low of 3.9% in September, while African Americans maintained its lowest rate ever, 5.5%.

                        Oh, wait. That was from 2019. My bad...

                        Jobless rates rise in May for all racial groups except white Americans

                        White unemployment remained at 3.5% last month, making the demographic group the only one that didn’t experience a rise in jobless rates from April to May. It also went against the overall unemployment rate, which edged higher to 4% from 3.9%.

                        Meanwhile, the jobless rate for Black Americans rose to 6.1% from 5.6%. For Asian and Hispanic workers, respectively, it rose to 3.1% from 2.8%, and to 5% from 4.8%.

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        1 Reply Last reply
                        • AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #226

                          About doing "multiple gig jobs" vs. "one full time job," while "one full time job" is easier and more more predictable day-to-day, the "multiple gig jobs" model is arguably lower risk long term because you won't be completely out of work and out of income because an employer goes bust or terminate you all of a sudden.

                          Yeah, the Industrial Revolution somehow led to an abundance of jobs that are steady year round, it lifted the standard of living for the masses. It's good to have "one steady full time job", it's good to not have to worry about what to do with your next eight hours (because your employer planned it out for you). But why would one expect that model to last forever?

                          Aqua LetiferA 1 Reply Last reply
                          • JollyJ Offline
                            JollyJ Offline
                            Jolly
                            wrote on last edited by
                            #227

                            Gig jobs do not normally come with benefits.

                            “Cry havoc and let slip the DOGE of war!”

                            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                            AxtremusA 1 Reply Last reply
                            • JollyJ Jolly

                              Gig jobs do not normally come with benefits.

                              AxtremusA Offline
                              AxtremusA Offline
                              Axtremus
                              wrote on last edited by
                              #228

                              @Jolly said in Bidenomics At Work:

                              Gig jobs do not normally come with benefits.

                              That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                              LuFins DadL CopperC 2 Replies Last reply
                              • AxtremusA Axtremus

                                @Jolly said in Bidenomics At Work:

                                Gig jobs do not normally come with benefits.

                                That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                                LuFins DadL Offline
                                LuFins DadL Offline
                                LuFins Dad
                                wrote on last edited by
                                #229

                                @Axtremus said in Bidenomics At Work:

                                @Jolly said in Bidenomics At Work:

                                Gig jobs do not normally come with benefits.

                                That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                                Great, I nominate you to be the single payer.

                                The Brad

                                JollyJ 1 Reply Last reply
                                • AxtremusA Axtremus

                                  @Jolly said in Bidenomics At Work:

                                  Gig jobs do not normally come with benefits.

                                  That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                                  CopperC Online
                                  CopperC Online
                                  Copper
                                  wrote on last edited by
                                  #230

                                  @Axtremus said in Bidenomics At Work:

                                  single payer universal healthcare

                                  That is obamacare.

                                  Of course additional insurance options exist for those who want to pay. More than just the single payer is not forbidden.

                                  1 Reply Last reply
                                  • LuFins DadL LuFins Dad

                                    @Axtremus said in Bidenomics At Work:

                                    @Jolly said in Bidenomics At Work:

                                    Gig jobs do not normally come with benefits.

                                    That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                                    Great, I nominate you to be the single payer.

                                    JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #231

                                    @LuFins-Dad said in Bidenomics At Work:

                                    @Axtremus said in Bidenomics At Work:

                                    @Jolly said in Bidenomics At Work:

                                    Gig jobs do not normally come with benefits.

                                    That we need to fix with single payer universal healthcare. Single payer universal healthcare is the right solution regardless of whether the labor pool is mostly “full time” or mostly “gig” workers.

                                    Great, I nominate you to be the single payer.

                                    alt text

                                    “Cry havoc and let slip the DOGE of war!”

                                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #232

                                      D2 is down here from across the CheddarCurtain. We decided to order in Italian beef sammiches from my favorite place, Buona Beef. We last did this about a year ago.

                                      5 pieces of bread
                                      Italian beef
                                      Sweet Peppers
                                      Hot Peppers
                                      Potato salad.

                                      $44.95

                                      Today...

                                      Screenshot 2024-06-08 at 5.18.11 PM.png

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      1 Reply Last reply
                                      • LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #233

                                        So it was 1¢ less?

                                        The Brad

                                        George KG 1 Reply Last reply
                                        • LuFins DadL LuFins Dad

                                          So it was 1¢ less?

                                          George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #234

                                          @LuFins-Dad said in Bidenomics At Work:

                                          So it was 1¢ less?

                                          Same price, one less bowl of peppers (I used to get sweet AND hot) one less piece of bread (I used to get five), and probably less italian beef.

                                          Shrinkflation.

                                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                          LuFins DadL 1 Reply Last reply
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