Here is something we can all celebrate: the latest jobs report marks 100 consecutive months in which the US economy had net jobs gains! 100!!
Total nonfarm payroll employment increased by 304,000 in January, and the
unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics
reported today. Job gains occurred in several industries, including leisure
and hospitality, construction, health care, and transportation and warehousing.
No, we’re giving the same replies that we always do to jobs report numbers. Some months aren’t that great. Some months are good. One thing is for sure, we aren’t going around bashing the BLS and claiming they are faking the numbers.
I started this thread and I lean to the left. I can assure you that I am sincere when I say that I am delighted to hear that we added jobs in January. We are on an historic winning streak. We can all celebrate our collective success. Everybody’s favorite team–American Workers–has scored points in 100 consecutive innings.
It’s too bad that the old forum is gone. It’d be interesting to compare and contrast this thread to some of the old “Good News” threads. My recollection is that they went on for pages and pages and were full of comments like:
“Yeah, but what about the participation rate?”
“‘Real Unemployment’ is more like 15%!”
“The unemployment rate only looks low because the BLS stops counting people when they no longer receive benefits.” (IIRC, you made this claim more than once and it’s not accurate.)
“The BLS cooks the books to make Obama look good.”