The U.S. economy added 517,000 jobs in the month of January, higher than expectations, with the unemployment rate dipping slightly to 3.4% according to the Bureau of Labor Statistics jobs report. CNET’s editor-at-large Farnoosh Torabi has the details.
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#Jobs #Economy #Unemployment
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Maggots will complain about anything. Americans sees clearly now that just the Democrats are helping Americans – Republicans only want to help themselves to YOUR tax dollars – do you feel good paying santos a six figure taxpayer funded income?
Jerome Powell will adjust accordingly!
Sleepy Joe at work😁😁😁😁😁
Well done Biden!
News Flash! Our lives have already been impacted by inflation. Inflation has caused significant misery for people for almost a century, but especially since 1971. Thanks to a free market and sound money throughout the industrial revolution, prices of goods and services were auctioned down to the point where customers could actually buy them for as little as a penny. Our current state of affairs is a direct outcome of government interference.
After 29 months of economic recovery, the US has recouped every job lost during the coronavirus recession.
The US added 528,000 nonfarm payrolls in July, marking the largest one-month gain since February 2022 and more than doubling the average forecast. The economy now boasts roughly 152,536,000 jobs, according to the Friday report. That's 32,000 more payrolls than in February 2020, which marked the labor market's peak before the coronavirus pandemic erased roughly 22 million jobs in just two months.
The unemployment rate also returned to its pre-pandemic record, sliding through July to 3.5% from 3.6%.
That means the US is back to a record-high number of jobs. The achievement is the latest to mark the extraordinary pace of the pandemic recovery. Massive government stimulus, vaccine rollouts, and the swift reopening of the economy all contributed to a superlative rebound over the past two years. While some data shows the pace of improvement easing, the latest jobs data caps one of the fastest labor market recoveries in modern history. And TODAY added an additional 517,000 new jobs with unemployment dropping to 3.4%, the lowest in over 54 years.
How many eggs I can buy with my regular job in California 😂😂😂😂
Did anyone tell Sleepy Joe that this is no time fo a victory lap, he's not on the same page as the Feds who want to see a rise in unemployment to show that the economy is slowing and curbing inflation. Snap out of it Joe and get with the program, we need you onboard.
Bull. The jobs report data does not list jobs with liveable wages nor does it include people who stopped looking for jobs in the unemployment %.
I think it’s a lie, how could it had decreased when seasonal people were all let go the first of January?
Absolute lies!!!
Clowns really believe these numbers complete mockery everywhere you look layoffs then again matters who gives or counts info
Yay for higher interest rates! The poor stay poor and the rich stay rich!
Great News for Jerome Powell!!
Somebody has it wrong. Either Fortune 500 companies are laying off hundreds of thousands as reported or the government data +517K jobs is wrong.
Only jobs this administration created was 87,000 irs agent's to tax every cent you have
She's a Debby Downer. The economy is doing well!
Flying saucers are real
Great News! The U.S. economy added 517,000 jobs in the month of January.
What jobs? Where are these jobs? Fast food and store clerk jobs are not good jobs. What are we manufacturing here? We do not manufacture anything of any magnitude or relevance here. We have a population that the democrats have created a populous that refuses to work. You cannot go anywhere that isn’t hiring or cutting hours because they cant get people to work. The reason that unemployment numbers are down is that democrsts have moved them from unemployment freebies to welfare freebies. Inthink we should abolish welfare cold turkey. Either you work or you starve. I do not care if these welfare bums starve or not. They mean nothing to me. They are a blight, a cancer to society. It doesn’t matter of people get a raise then inflation doubles that. That is not a raise. Biden is delusional if he thinks his plan is working. His plan is killing Working Americans every day. His policies have killed good paying jobs where I live. We have lost manufacturing jobs in the last year, coal, oil, and natural gas jobs, we lost pipeline jobs, we lost tech jobs, steel and aluminum jobs, so where are these jobs at? We have hospitals that cant get nurses and other staff jobs filled. Our Hospice Houses are half capacity because they cant get nurses to work due to Biden’s mandates. He did this. This is all his direct fault. I wish he had a soul so what he has done would actually haunt him. But he doesn’t have a soul, morals or the cognitive ability to see the damage he is doing. I pray every day for his demise. I will rejoice!!!
J Powell wants to lower inflation and strong job market is the exact opposite of what he wants.
all hospitality jobs
people going back to work from covid shut down
You fricken FOOLS! These numbers are COMPLETELY WRONG! The GOVERNMENT IS LYING! Our company has not added a FULL TIME JOB since 2020! We’ve been working with a skeleton crew for three years! GOVERNMENT CORRUPTION IS REAL!
Democrats lying is what this is !! Go blow smoke somewhere else
Don’t worry they will default on America’s debt and you see the economy crash……
Thought jpow wanted more unemployment to bring down inflation
Lay them on their back, and tell them what they want to hear. This is totally false, in order to crow at the SOTU address. All holiday part time jobs ended, more BB&Y stores closing, big tech. They are probably counting all the infrastructure potential hires as fact
I seriously do no believe these numbers . All I'm seeing here in Missouri is businesses closing and people getting laid off because of the interest rates are so high . Think about it people .
I do not understand how this is possible with all the layoffs. I just don't get it
same job I had in 2021 @ $40 an hr now pays $26 an hr …..same job I had in 2018 @ $30 an hr now pays $24 an hr ……no wonder why there is tons of jobs available
Mexican bringing in eggs and other products the economy not working for the average American people the President Joe cover up channel and everyone in Europe and Canada are starting to feel the suffering and America are next and independents will decide the election in 2024 and they don't like backtracking lunch box Joe
Hillsdale college. Reports. ). Most Republicans ignorant by. Choice. May. They. Be. Blessed. With. Raging. C. O. V. I. D. Spores. Miserabilis cultus. Republican Party.
What about all tech jobs lost and other unions jobs lost and your putting numbers that are rejoining the work force that were not working because of the party