Can we talk about that jobs report?

hal9000

Duke status
Jan 30, 2016
55,657
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Urbana, Illinois


 

hammies

Duke status
Apr 8, 2006
15,587
14,215
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
49,204
22,752
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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

Billy Hamilton status
Dec 21, 2009
1,667
1,098
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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
54,146
16,168
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

Phil Edwards status
Feb 25, 2006
6,828
9,061
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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.
 
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