Can we talk about that jobs report?

hal9000

Duke status
Jan 30, 2016
44,064
9,497
113
Urbana, Illinois


 

hammies

Kelly Slater status
Apr 8, 2006
8,766
5,443
113
How about that jobs report

I recall a couple of years ago a certain poster here predicted Covid was going to cause economic problems akin to the great depression.
 

afoaf

Duke status
Jun 25, 2008
40,932
13,872
113
I just learned that China won't use any outside vaccines and their domestically developed vaccine is trash which is why they are on the zero covid kick....which seems ridiculous as fk....which makes me think that the manufacturing issues are not going away any time soon

short amazon
 
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Bayview

Gerry Lopez status
Dec 21, 2009
1,095
557
113
NJ
I just learned that China won't use any outside vaccines and their domestically developed vaccine is trash which is why they are on the zero covid kick....which seems ridiculous as fk....which makes me think that the manufacturing issues are not going away any time soon

short amazon
Don’t fret.

they’ll just “borrow” the IP. They have the technology.
 

GromsDad

Duke status
Jan 21, 2014
42,715
8,179
113
West of the Atlantic. East of the ICW.
In pre-covid world jobs numbers were seasonably adjusted. Are they still doing that or has that metric been thrown out the window?

Edit:

regarding above, here are the seasonally adjusted numbers. As you see in the chart on the right, we are just about back to the number of people working before the pandemic.

Capture.jpg
 
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Sharky

Michael Peterson status
Feb 25, 2006
2,932
3,103
113
So now the worry is that the jobs report is indicative of an overheated economy and we may be looking at higher interest rates. That seems to be the perspective bothering the market this AM.