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DallasNE

(7,769 posts)

22. The Headline Number Is Better Than Expected, However

Reply to BumRushDaShow (Original post)

Fri May 2, 2025, 11:31 AM

21 hrs ago

Some statistical issues impact the results. For instance, March job gains were reduced downwards by 43,000 jobs and a reminder that a large number of government workers fired are getting severance pay so they count as employed until the severance runs out.

Let’s see what Challenger, Gray and Christmas report on Monday on job cut announcements. That is forward looking so it deserves to be watched.

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mahatmakanejeeves progree

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U.S. payroll growth totals 177,000 in April, topping expectations [View all] BumRushDaShow Yesterday OP

Will this make it less likely the Fed lowers interest? OrlandoDem2 Yesterday #1

We won't really see that much of an effect economically BumRushDaShow Yesterday #4

Yes, the expected # of rate cuts this year has declined mathematic 22 hrs ago #20

Anyone but me question the validity of any numbers coming out of the ShitStains administration? NoMoreRepugs Yesterday #2

I was going to ask the same question gab13by13 Yesterday #3

I posted this in another thread but it's relevant here too. yardwork Yesterday #6

I'd say they are real,temps warming up seasonal hiring is going again. Bengus81 22 hrs ago #18

The reported numbers (177,000 payroll jobs, 4.2% unemployment rate) are seasonally adjusted progree 21 hrs ago #21

That was my immediate thought. yardwork Yesterday #5

Why not? Republicans always said Biden manipulated the data. Self Esteem Yesterday #7

Yes there is dirtrust in govt. accounting now more than ever which is part of the repuke plan BUT Cheezoholic 23 hrs ago #12

Distrust in this government is warranted and necessary. gab13by13 23 hrs ago #16

I think that's what I said, giving reasons why. Sorry if i wasn't clear ;) n/t Cheezoholic 22 hrs ago #17

BLS is still independent Johnny2X2X 23 hrs ago #11

Correct. Having worked on the Current Employment Statistics program for close to 35 years, Wiz Imp 23 hrs ago #14

Trump willblame them on Biden when they turn bad Johnny2X2X 23 hrs ago #15

Many federal workers no longer reporting to work are on mahatmakanejeeves 18 hrs ago #25

There are several problems with that. First, staff on admin leave still get paid so they haven't actually been fired. Wiz Imp 17 hrs ago #29

Fork in the Road, Part 2 mahatmakanejeeves 16 hrs ago #30

In my Rebl2 22 hrs ago #19

first thing that popped into my head rurallib 17 hrs ago #28

i dont trust any data coming from this admin Fullduplexxx 16 hrs ago #31

Sincerely angrychair Yesterday #8

See post #7 MichMan Yesterday #9

LINKS to some BLS Data Series Numbers and Graphs. Also, downward revisions of prior 2 months make it a gain of 119k progree 23 hrs ago #10

Those are good numbers considering FredGarvin 23 hrs ago #13

The Headline Number Is Better Than Expected, However DallasNE 21 hrs ago #22

Thanks. I'll have to add that to the calendar. NT mahatmakanejeeves 18 hrs ago #26

Wouldn't that be the BIDEN payroll growth? Grins 21 hrs ago #23

Enjoy it while you can. louis-t 21 hrs ago #24

Long-term unemployed 27 weeks or longer as a percent of total unemployed progree 17 hrs ago #27

'The Golden Age is here': US Labor Secy. reacts to April jobs data, 5/2/25 progree 3 hrs ago #32

That would have been a "disastrous" number during the Biden administration Orrex 2 hrs ago #33