/biz/ - Business & Finance

really? interesting
all it is is bad news for burgers atm mb burgers have bad news fatigue idk

Doesn't affect the 1% so not relevant or important.

>>56003737
When are they renaming Europe to "New Arabia"?

probably way higher but the numbers have been massaged anyway
tldr: nobody believes the figures for anything in 2023

>>56003698
3.5 to 3.8%. Not much to talk about.

>>56003754
kek they'll probably do that at some point

>>56003755
The government figures for unemployment and inflation are designed to be as socially stabilizing as possible. They're complete bullshit. They're so bizarre it would be like for example defining a date as simply talking to a girl. Using this definition you would not be painting an accurate representation of your success in the dating scene. It's like saying "I'm going to take a vacation!" and telling everyone the cost of the vacation is just the plane ticket.

It's actually so brazen how much they torture the numbers that even my examples are barely on the same level. Put it this way, if they in any way shape or form say "it's bad" then it isn't just bad, it's an absolute disaster. The Global Financial Crisis for example was a time they came out and said "things are bad" and meanwhile behind closed doors they were saying "hey the entire global economy is 24 hours from completely and irreversibly collapsing."

>>56003698
187,000+ jobs added this month
Billions must buy
My pessimism has fallen

>>56003816
kek exactly but imagine believing their shit and being economically and socially corralled by it

We love to count the number of jobs rather than which jobs pay living wages or provide full hours / benefits. The metrics are completely useless.

>>56003698
>>56003737
its just more people are looking for jobs now not that a ton of people got fired

>>56003891
Ok yeah sure but what really are you doing about it? Being a NEET? trading actual money for internet money?

this shit works. they know its a lie, we know its a lie, but it does the trick. they won't fix what ain't broken.

>>56003762
Not inclusive enough. It needs to be The Union of Federated Islam and Africa. Mentioning of European would be racist.

>>56004011
I do neither of them but anyway you are right in that they'll never change their tricks
>>56004034
kek its believable

>>56003698
Doesn't seem to affect Feds interest rate prospects, so why should I give a shit?

>>56003975
This. The federal reserve actually specify this when discussing unemployment figures. The fed also actually wants unemployment to go up because muh inflation, so yeah

>>56003698
proof?

>>56004262
https://www.investing.com/economic-calendar/unemployment-rate-300

>>56003698
FED has not even considered touching up the interest in this "spike".
Is it a vast conspiracy?

Hoomes will continue to moon. So will stocks. All news is boolish and money printer go brrrrrr.

Unemployment doesn't matter.

>>56003698
>spiked
based on what data? Because IIRC Biden changed the way employment is tracked by counting part-time jobs as full time job or some bullshit. Did they go back to how it was?

>>56006386
these BS unemployment certainly don't

>>56006301
They turned that off.

>>56003698
10% so
Anon it jumped from 3.5 percent to 3.8%
My question. The US lost 20 million jobs in a during the covid and now i think were just about about to even but about a million jobs that were lost havent come back

>>56006455
Get out your calculator and divide 3.8 by 3.5. It's an 8.5% increase.

>>56003698
Isn't the actual unemployment rate like 45-50% of the eligible workforce when you account for those on social welfare for like disability and shit like that alongside those that just stopped "looking" working.

>>56006553
There's labor force participation rate. The figure that includes men only is the one that matters because women used to be homemakers. Labor force participation includes people seeking employment. I would like to see the one that's only people working and what percent earn a liveable wage.

>>56006592
We never even finished recovering from 2020.

>>56006807
This is a natural consequence of automation. More people will be on gibs as a higher percent of the population becomes useless.

>>56003698
fake statistic
fakr news
simple as

>>56003698
>>56003737
>>56003740
>>56003754
>>56003755
>>56003756
>>56003762
>>56003816
>>56003827
>>56003891
>>56003967
>>56003975
>>56004011
>>56004034
>>56004063
>>56004082
>>56004217
>>56004262
>>56006179
>>56006280
>>56006301
>>56006386
>>56006414
>>56006418
>>56006440
>>56006455
>>56006538
>>56006553
>>56006592
>>56006807
>>56006890
https://fred.stlouisfed.org/series/CIVPART

>>56007136
not so fast

>>56003698
happens every year when summer is ending, seasonal jobs are over. black lives matter.

>>56003698
Which indicates further slowing down of the economy and thus the nearing of the inevitable restart of the money printer

>>56007136
U wot m9

>>56009130
For >>56007474

>>56008515
>Pleasssse make capital requirements for banks go to 0 again,
>plesssssse bring rates down
>Pleassssse helicopter money
You don't even know what printing means
Shut the fuck up zoomer trash line go up weeeeee idiot

>>56006455
Proofread your posts before you phonepost, you retard. That was gibberish.
>>56006851
I'm under the impression that there's a massive amount of actual open positions that are going unfilled. Am I wrong?

>>56009191
Fuck off grammar nazi
Go back to huff farts on shitter