Quote Originally Posted by fubah2: Treasury Secretary Janet Yellen says jobs report shows no inflation pressures Treasury Secretary Janet Yellen told CNN's Kate Bolduan in an interview Friday that the February jobs report points to a resilient US economy and does not have any worrying implications for inflation. Yellen said there was "really no evidence in this month's wage data of an acceleration in wage increases that could create inflationary pressures." The number of job openings — a closely watched measure of labor demand — remains well above pre-pandemic averages, highlighting the continued strength of the labor market. "Job openings remain relatively high, and that’s the key statistic not only in this set of data, but for the economy,” Robert Frick, corporate economist at Navy Federal Credit Union, said in a statement. "The openings point to strong hiring continuing, which means more paychecks and good spending," he said. "At this point, openings look like they’re supporting a soft landing in the jobs market, where monthly hiring hovers between 100,000 and 200,000, a sustainable zone for a sustainable expansion." Don't let trump and his MAGA accomplices Make Adolf Great Again!
yellen is right
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Treasury Secretary Janet Yellen says jobs report shows no inflation pressures Treasury Secretary Janet Yellen told CNN's Kate Bolduan in an interview Friday that the February jobs report points to a resilient US economy and does not have any worrying implications for inflation. Yellen said there was "really no evidence in this month's wage data of an acceleration in wage increases that could create inflationary pressures." The number of job openings — a closely watched measure of labor demand — remains well above pre-pandemic averages, highlighting the continued strength of the labor market. "Job openings remain relatively high, and that’s the key statistic not only in this set of data, but for the economy,” Robert Frick, corporate economist at Navy Federal Credit Union, said in a statement. "The openings point to strong hiring continuing, which means more paychecks and good spending," he said. "At this point, openings look like they’re supporting a soft landing in the jobs market, where monthly hiring hovers between 100,000 and 200,000, a sustainable zone for a sustainable expansion." Don't let trump and his MAGA accomplices Make Adolf Great Again!
markets appear to taking a "good news is good news!" approach to Friday's report! That's because while payrolls came in hot, there was also a sharp downward revision to January's numbers and wage growth tempered. "The report didn’t necessarily amount to an 'all-clear' signal for the Fed, but there also didn’t appear to be anything in it that would derail its plan to cut rates in the second half of the year," said Chris Larkin, managing director of trading and investing at E*Trade. Financial markets currently see about a 78% chance the Fed will lower interest rates in June, according to the CME FedWatch Tool.
trending the right way
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
HEADLINES today . . .
markets appear to taking a "good news is good news!" approach to Friday's report! That's because while payrolls came in hot, there was also a sharp downward revision to January's numbers and wage growth tempered. "The report didn’t necessarily amount to an 'all-clear' signal for the Fed, but there also didn’t appear to be anything in it that would derail its plan to cut rates in the second half of the year," said Chris Larkin, managing director of trading and investing at E*Trade. Financial markets currently see about a 78% chance the Fed will lower interest rates in June, according to the CME FedWatch Tool.
Yellen is jonesing for the FED to lower rates and ease the interest expense on the government. Yellen is rarely right about anything, she was one of the worst FED scammers ever. No idea how she got in this role, another oopsie by Biden.
2
@KellyM_1964
Yellen is jonesing for the FED to lower rates and ease the interest expense on the government. Yellen is rarely right about anything, she was one of the worst FED scammers ever. No idea how she got in this role, another oopsie by Biden.
Quote Originally Posted by fubah2: Washington, DC CNN — US inflation is down considerably from a four-decade high reached nearly two years ago. Now, as the Federal Reserve faces the final stretch of its historic inflation battle, a bigger pool of workers could slow inflation even further! That would also improve the chances of a “soft landing,” an extremely rare scenario in which inflation is tamed without triggering a recession. “A big part of the story on inflation has been supply,” San Francisco Fed President Mary Daly said recently at the annual National Association for Business Economics policy conference. “The supply-side surprise, if you will, has been the positive news on labor and productivity.”cont . . . America’s job market last year was solid, with employers hiring at a strong clip, unemployment remaining low and more workers trickling back into the workforce. Labor force participation, or the share of the working-age population that is employed or actively seeking a job, dropped off sharply in the beginning of the Covid-19 pandemic for reasons such as early retirements or people not working due to fears of contracting Covid. It began to recover shortly after, but participation jumped last year!
great to read the more positive news rather all the criticism and gloom and doom talk we see in the media and on X
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Washington, DC CNN — US inflation is down considerably from a four-decade high reached nearly two years ago. Now, as the Federal Reserve faces the final stretch of its historic inflation battle, a bigger pool of workers could slow inflation even further! That would also improve the chances of a “soft landing,” an extremely rare scenario in which inflation is tamed without triggering a recession. “A big part of the story on inflation has been supply,” San Francisco Fed President Mary Daly said recently at the annual National Association for Business Economics policy conference. “The supply-side surprise, if you will, has been the positive news on labor and productivity.”cont . . . America’s job market last year was solid, with employers hiring at a strong clip, unemployment remaining low and more workers trickling back into the workforce. Labor force participation, or the share of the working-age population that is employed or actively seeking a job, dropped off sharply in the beginning of the Covid-19 pandemic for reasons such as early retirements or people not working due to fears of contracting Covid. It began to recover shortly after, but participation jumped last year!
great to read the more positive news rather all the criticism and gloom and doom talk we see in the media and on X
Yellen said there was "really no evidence in this month's wage data of an acceleration in wage increases that could create inflationary pressures."
"Americans are getting ahead, they're getting solid wage increases that exceed inflation, but t here is really no evidence of inflationary pressure coming from the labor market," Yellen said. "The US economy is performing better than any advanced nation around the world."
0
Yellen said there was "really no evidence in this month's wage data of an acceleration in wage increases that could create inflationary pressures."
"Americans are getting ahead, they're getting solid wage increases that exceed inflation, but t here is really no evidence of inflationary pressure coming from the labor market," Yellen said. "The US economy is performing better than any advanced nation around the world."
There’s nothing in the rules that states you can’t bold and don’t to your heart’s desire so proceed as you wish . Just don’t attack , provoke , or antagonize blatantly . Thank you .
Plagiarism means using someone else's work without giving them proper credit.
0
Quote Originally Posted by spockgato:
There’s nothing in the rules that states you can’t bold and don’t to your heart’s desire so proceed as you wish . Just don’t attack , provoke , or antagonize blatantly . Thank you .
Plagiarism means using someone else's work without giving them proper credit.
The moderator pontificated on and corroborated the behavior , so your mocking nature and wannabe dictator savior ways need to re-dedicate their cravings to some other fucking mundane search…..
of nitpickiness to the max ,
and I know that he ain’t Aaron Rodgers and that he’s wallstreet but just the same son “ RELAX “…..
BACK PATTING and KISSING threads are like passing HAM SANDWICHES around over and over-wall
0
The moderator pontificated on and corroborated the behavior , so your mocking nature and wannabe dictator savior ways need to re-dedicate their cravings to some other fucking mundane search…..
of nitpickiness to the max ,
and I know that he ain’t Aaron Rodgers and that he’s wallstreet but just the same son “ RELAX “…..
I mean really ? What priest has his own caddie ? That totes around expensive golf clubs in an “ I love Jesus “ embroidered bag ?
let’s be real . Plus the guy isn’t really a caddie . he’s a deacon for Christ’s sake . He didn’t come over here to lug around heavy sporting equipment and to compliment your backswing . Get it together padre .
BACK PATTING and KISSING threads are like passing HAM SANDWICHES around over and over-wall
0
My pastor Father Dennis’ Haitian caddie ?
I mean really ? What priest has his own caddie ? That totes around expensive golf clubs in an “ I love Jesus “ embroidered bag ?
let’s be real . Plus the guy isn’t really a caddie . he’s a deacon for Christ’s sake . He didn’t come over here to lug around heavy sporting equipment and to compliment your backswing . Get it together padre .
And the layoffs haven’t been contained to tech. UPS
said it was axing 12,000 jobs, saving the company $1 billion, CEO Carol Tome said late last month, citing softer demand. Many of the largest retail, media and entertainment companies have also announced workforce reductions, in addition to other cuts.
Warner Bros. Discovery has slashed content spending and headcount as part of $4 billion in total cost savings from the merger of Discovery and WarnerMedia. Disney
initially promised $5.5 billion in cost reductions in 2023, fueled by 7,000 layoffs. The company has since increased its savings promise to $7.5 billion, and executives suggested in its Feb. 7 quarterly earnings report that it may exceed that target.
And the layoffs haven’t been contained to tech. UPS
said it was axing 12,000 jobs, saving the company $1 billion, CEO Carol Tome said late last month, citing softer demand. Many of the largest retail, media and entertainment companies have also announced workforce reductions, in addition to other cuts.
Warner Bros. Discovery has slashed content spending and headcount as part of $4 billion in total cost savings from the merger of Discovery and WarnerMedia. Disney
initially promised $5.5 billion in cost reductions in 2023, fueled by 7,000 layoffs. The company has since increased its savings promise to $7.5 billion, and executives suggested in its Feb. 7 quarterly earnings report that it may exceed that target.
Keep an eye on the stock prices of all these companies that are laying off hard working people, and it more likely will be a higher stock price/ good investment because of all these layoffs
It doesn't make it right, hardworking people are losing their jobs for profit of a CEO and stock holder
1
@THEMUGG
Keep an eye on the stock prices of all these companies that are laying off hard working people, and it more likely will be a higher stock price/ good investment because of all these layoffs
It doesn't make it right, hardworking people are losing their jobs for profit of a CEO and stock holder
@witswits This is nonsense, America cannot be energy independent and we debunked this fake news so many times. The only way America can be independent is if we ISOLATE and are not part of global supply or demand. Our economy is built on capitalism and that means corps seek out profits as the sole objective for production. If you seriously believed that horse crap he was lying about I can see why you are enamored with him. Trump says whatever he thinks will get him votes and acceptance, even if what he says is full nonsense and beyond any reasonable level of intelligence. The ONLY way the US can be energy independent is if we nationalize ALL production and close borders for imports and exports of crude in its entirety and that has and will never happen. Do you actually research the stuff he says or just believe it because you want it to be so? Unless we 100% nationalize and isolate there is NO possibility the US will EVER be energy independent. Even if Mr gold shoes says so.
Witwits, this guy still believes the Keystone pipeline was only for the Chinese even after I posted multiple lefty factcheckers who said otherwise. So......
YES, IN 2019 THE UNITED STATES ACHIEVED WHAT COULD BE CALLED "ENERGY INDEPENDENCE".
One way to measure Energy Independence in our ever importing/exporting trading world is easy, Energy Imports vs Energy Exports. In 2019 the U.S. exported more energy than imported, first time in 60 years. The need for foreign oils largely driven by the need for heavy crude by the refining industry and Keystone would have helped fill that need.
So when Trump says we will be Energy Independent again you know what it means. And by the way, our export to import deficit has increased over 20%.
@witswits This is nonsense, America cannot be energy independent and we debunked this fake news so many times. The only way America can be independent is if we ISOLATE and are not part of global supply or demand. Our economy is built on capitalism and that means corps seek out profits as the sole objective for production. If you seriously believed that horse crap he was lying about I can see why you are enamored with him. Trump says whatever he thinks will get him votes and acceptance, even if what he says is full nonsense and beyond any reasonable level of intelligence. The ONLY way the US can be energy independent is if we nationalize ALL production and close borders for imports and exports of crude in its entirety and that has and will never happen. Do you actually research the stuff he says or just believe it because you want it to be so? Unless we 100% nationalize and isolate there is NO possibility the US will EVER be energy independent. Even if Mr gold shoes says so.
Witwits, this guy still believes the Keystone pipeline was only for the Chinese even after I posted multiple lefty factcheckers who said otherwise. So......
YES, IN 2019 THE UNITED STATES ACHIEVED WHAT COULD BE CALLED "ENERGY INDEPENDENCE".
One way to measure Energy Independence in our ever importing/exporting trading world is easy, Energy Imports vs Energy Exports. In 2019 the U.S. exported more energy than imported, first time in 60 years. The need for foreign oils largely driven by the need for heavy crude by the refining industry and Keystone would have helped fill that need.
So when Trump says we will be Energy Independent again you know what it means. And by the way, our export to import deficit has increased over 20%.
@witswits This is nonsense, America cannot be energy independent and we debunked this fake news so many times. The only way America can be independent is if we ISOLATE and are not part of global supply or demand. Our economy is built on capitalism and that means corps seek out profits as the sole objective for production. If you seriously believed that horse crap he was lying about I can see why you are enamored with him. Trump says whatever he thinks will get him votes and acceptance, even if what he says is full nonsense and beyond any reasonable level of intelligence. The ONLY way the US can be energy independent is if we nationalize ALL production and close borders for imports and exports of crude in its entirety and that has and will never happen. Do you actually research the stuff he says or just believe it because you want it to be so? Unless we 100% nationalize and isolate there is NO possibility the US will EVER be energy independent. Even if Mr gold shoes says so.
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
0
Quote Originally Posted by wallstreetcappers:
@witswits This is nonsense, America cannot be energy independent and we debunked this fake news so many times. The only way America can be independent is if we ISOLATE and are not part of global supply or demand. Our economy is built on capitalism and that means corps seek out profits as the sole objective for production. If you seriously believed that horse crap he was lying about I can see why you are enamored with him. Trump says whatever he thinks will get him votes and acceptance, even if what he says is full nonsense and beyond any reasonable level of intelligence. The ONLY way the US can be energy independent is if we nationalize ALL production and close borders for imports and exports of crude in its entirety and that has and will never happen. Do you actually research the stuff he says or just believe it because you want it to be so? Unless we 100% nationalize and isolate there is NO possibility the US will EVER be energy independent. Even if Mr gold shoes says so.
Copyright � 1995 - 2024
CS Media Limited All Rights Reserved.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.