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   rec.audio.opinion      Everybody's two bits on audio in your ho      255,659 messages   

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   Message 255,360 of 255,659   
   mINE109 to ScottW   
   Re: Bidenomics is doing one thing very w   
   14 Jan 24 15:34:49   
   
   From: pianoforte109@yahoo.com   
      
   On 1/13/24 9:10 PM, ScottW wrote:   
   > Swapping full time jobs for part time jobs.   
      
   Now quotes, but no attributions.   
      
   > "Last month, the economy shed a whopping 1.5 million full-time jobs,   
   > the biggest monthly plunge since 2020 when the government made it   
   > illegal for people to go to work. That wiped out essentially all the   
   > full-time jobs that had been gained in 2023.   
      
   Essentially? Illegal to go to work? Who did that dreadful thing? Who was   
   president in 2020?   
      
   > December continued the trend of people with full-time jobs having to   
   > add a part-time job to their work schedule, as they tried to make   
   > ends meet. That rocketed the number of multiple-job holders to a new   
   > record high of 8.6 million."   
      
   Easier to make ends meet when wage growth is ahead of inflation.   
      
   > Way to go Joe.   BTW....labor participation is also back to where it   
   > was in February.  So they can cheer the low unemployment rate...which   
   > is pretty much BS as they AGAIN revised last months new jobs down by   
   > about 1/3.   
      
   Labor participation "showed little or no change over the year,"   
   according to the BLS. Good thing the unemployment vs new jobs claim   
   isn't a quote as that wouldn't fly even at the sites you read.   
      
   > "those downward revisions to nonfarm payrolls happened for every   
   > other month in 2023 except for July. Those changes, combined with a   
   > sizeable drop from the annual benchmark revision, effectively revised   
   > away about a quarter of all the jobs initially believed to have been   
   > added last year."   
      
   Effectively leaving three quarters of the jobs still counting as part of   
   three consecutive years of job growth.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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