the staff of the Ridgewood blog
Ridgewood NJ, on Friday, concerns about a potential bubble on Wall Street seemed to dissipate amid a robust US jobs report, which bolstered investors’ confidence in America’s ongoing economic strength. Despite any lingering concerns about delayed rate cuts, the blowout report overshadowed them. In March, US payrolls surged by 303,000, surpassing all expectations. Additionally, the unemployment rate dipped to 3.8%, wages exhibited solid growth, and workforce participation saw an uptick, reaffirming the resilience of the labor market, which continues to drive the economy forward. As a result, all major groups in the S&P 500 experienced gains.
The one major downside was employment in government increased by 71,000, higher than the average monthly gain of 54,000 over the prior 12 months. Over the month, employment increased in local government (+49,000) and federal government (+9,000).
And the labor force participation rate, at 62.7 percent, and the employment-population ratio, at 60.3 percent, were little changed in March. These measures showed little change over the year.
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President Biden continues to kick ass and take names. November will be a blue bloodbath!
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In your dreams Roger Reed.
This is economic illiteracy. The jobs report was a disaster again. Part time jobs for illegal aliens. Full time jobs fell again and more job loses for native born Americans. Have to look at the internal numbers not media hype.
You’re missing the point, which is to be expected because your assumptions are wrong. It might be a disaster for “native born Americans” but it’s supposed to be a disaster for them. If there was concern for them, we wouldn’t be grinding them out of existence financially, socially, spiritually, culturally and on and on down the line, and replacing them with “illegals.” It’s only a loss if you’re looking at it from the losers’ side. So, not a lie was told.
But Biden needs native born American’s to win, no? Illegals can’t legally vote. The economy is losing full time jobs, credit card debt is at an all time high, the dollar is at an all time low ($2350 gold) and people can’t afford houses or rents.
I don’t know. Did he need real voters to win the last time? Wasn’t it a different Uncle Joe that said, ‘it’s not who votes that counts, it’s who counts the votes’?
Biden doesn’t need anything to win. Biden isn’t running. (He can barely walk.) The people running Biden, on the other hand, will win regardless of who votes for whom, and they don’t care that people can’t afford homes. They don’t care about crashing the economy because their wealth isn’t represented by dollars (debt).
So sad.
To go through life so clueless.
I guess it must be blissful.
-6000 full time jobs. The economy lost full time jobs again.
Correct.
It’s Democrat Propaganda Season.
They’re hoping to win the pennant this season!