Quote from @Albert Hasson:
Quote from @Account Closed:
Quote from @James Hamling:
Quote from @V.G Jason:
Quote from @Aaron Gordy:
@Carlos Ptriawan uummm the unemployment numbers are getting lower month over month.... yoy it has gone up from 2.84% to 3.34%. Let's be real though: 3.34% is crazy low! Its very very tough to find good help around here. I am in the process of hiring a finance professional to help as my development business grows. Indeed sent me 55 folks. Every one of the folks that I reached out to were unhappy with their current positions and were looking to move around. Only one person was unemployed but that was by choice. All were sharp. Its a scramble. I found one that is a great fit, thank goodness! This posting about WARN from the fed is interesting though. But from my boots on the ground experience its not easy getting good help. Austin metro is a job creating machine. Is the sky falling? Nope.
Unemployment is still not as strong as it would had we never had the pandemic.
Give it 20/30 years, this will be a historic time future generations look back on and ask "why were they so DUMB back then".
Or is it corrupt? Just sayin . . .
Wow! Lots of paranoid people on BP. Inflation and unemployment numbers cooked?? Where’s the evidence?
Well Albert, there is probably at this point a few thousand places I could reference for your "evidence" of the books being cooked on unemployment and inflation #'s. The problem here is NOT evidence, it's information deficit, you my friend Albert are simply not informed of such because like the population of U.S. at mass you do not keep informed of such, and understandably so, it's rather "dry" boring and very technical stuff.
To lend direction, your going to have to go back to Obama administration and start reading the articles of actions from there. That is when these significant changes started being manadated from executive level, for example mandating changes to what data is and is not utelized in CPI read, or what data is or is not used in unemployment numbers.
See, most people THINK unemployment #'s are people who don't have a job, NO, that is NOT how unemployment # is computated anymore, hence cooking the #'s.
Did you know if you get laid off from a job, and look for a job yes you are included in the unemployed #'s. BUT, if you can't find a job after looking for a certain time "POOF" you are no longer included in the unemployed #'s.
Or, if simply choose you don't feel like working, and sit on welfare, your not included in unemployed #.
Some of the historical BIGGEST factors to be watched and read for gauging inflation are no longer included in computation for the inflation #'s. Again, the books are cooked.
You got a couple decades of information to catch up on Albert.