Are we entering the recession ? is it the wrong time for Lyft IPO ? What will happen to Uber, Pinterest, Slack IPOs if the stock market tanks ?
🙏🙏 Thank you president trump for making the economy great again 🙏🙏
It’s all a part of the new orange deal. Dems own the House so it’s all their fault now, because first two years were just great . #voteorange2020 But seriously, I think chickens are coming home, and shit gonna get ugly soon (by the end of this year, early next year)
Yeah we have been at historically low unemployment and almost full employment for a month ago. So job growth is unlikely to accelerate, but in March’s report, wages did grow at a pretty high rate and beat estimates and this is likely to continue due to very low unemployment.
Another example of not knowing how to read data. The unemployment rate is 3.8%. Let that sink in for a moment. At 3.8%, US economy has probably hit its optimum level. Why will there be job growth when so less people are looking for jobs? Note that 0% unemployment rate is NOT the goal.
Yup - this is technically full employment. That’s why March report had an impressive wage growth number that best expectations. All I can say Obama is a genius and a master of timing to make the economy grow even after he has left office
@amazon so what is the goal if 0% unemployment is not to be targeted ? Just sustainability ?
People call everything a recession sheesh
The jobs added number is volatile month to month. The 20k figure could be revised up next month. The IPO, stock market questions are different. Lyft et al need to IPO ASAP before the effects of the tax cuts fade.
Everyone is already employed.
Yeah, cannot fill open positions so why create even more?
Remember when "the market crashed" in January of 2018?
Underemployment is still at record highs, and wage growth is still behind. A lot of people would jump back into the job market if they could actually make enough hours and money to not wind up as broke as when they started. Gallop regularly studies 'under' employment rates. Some studies put the numbers as high as 42% of the workforce. Examples are people stuck working part time when they want full time hours. Skilled workers stuck in unskilled jobs. People working completely outside their field and not by choice, and people stuck in roles one or more pay grades below their experience and capabilities.
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Economists are full of shit.