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Search results for tag #bls

[?]Nonilex » 🌐
@Nonilex@masto.ai

prices & the cost of owning a , which make up a third of the index, both rose 0.2% in December, while increased 2.8% from a year earlier. That is much lower than during the pandemic: Rents rose by more than 8% in 2022.

Still, the rental figures were distorted by Oct’s 6-week government , which interrupted the gathering of the data. The govt plugged in “estimated” figures for Oct & November which economists say have artificially lowered costs.

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    [?]Kim Perales » 🌐
    @KimPerales@toad.social

    "Inflation is continuing to weigh on consumers exhauste by price hikes"

    2.4% : "Annualized, that steady 0.3% monthly core rise points to🚨3.6% yearly—nearly double the Fed's 2% target."
    -A Lisi

    "If you don't like the numbers, change the formula."⬇️
    -C Mc

    wsj.com/economy/consumers/cpi-

    BLS web pages about seasonal changes affecting the CPI calculation:

    Alt...BLS web pages about seasonal changes affecting the CPI calculation:

    Consumer price inflation excluding food & energy since 2004:

    Alt...Consumer price inflation excluding food & energy since 2004:

    WSJ article pic: a man looking at prices at a grocery store:

    Alt...WSJ article pic: a man looking at prices at a grocery store:

      [?]Trump & Epstein: Biz partners. » 🌐
      @MugsysRapSheet@mastodon.social

      "...delayed January jobs report" announces "better than expected employment numbers."

      What are the chances 's latest Director is cooking the books? 🤔
      cnbc.com/2026/02/10/stock-mark

        [?]Trump & Epstein: Biz partners. » 🌐
        @MugsysRapSheet@mastodon.social

        The Administration released a "better than expected" jobs report.

        And I dare question if his new head of the is cooking the books???

        Where on Earth could I *possibly* get an idea like that???

        Graph of the employment numbers for the past year see a steady decline, a plunge in October, and then suddenly, a sharp reversal in November with the appointment of a new head of the BLS followed by a sharp POST Xmas spike in January.

        Alt...Graph of the employment numbers for the past year see a steady decline, a plunge in October, and then suddenly, a sharp reversal in November with the appointment of a new head of the BLS followed by a sharp POST Xmas spike in January.

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          [?]Trump & Epstein: Biz partners. » 🌐
          @MugsysRapSheet@mastodon.social

          When fired the head of the b/c he didn't like the numbers she reported ("They MUST be wrong!"), the was put on hold for several months and we had to rely on PRIVATE jobs reports to know what was going on.

          The most trusted was "Challenger, Gray & Christmas".

          While the "official" report claims "surprising job growth" in January, CGC is reporting "Most job cuts since The Great Recession" of 2009, and "The Worst January" hiring EVER.

          EVER.
          challengergray.com/blog/challe

            4 ★ 0 ↺

            [?]Anthony » 🌐
            @abucci@buc.ci

            CNN is reporting "Hiring picked up as 2026 kicked into gear, with the US economy adding a stronger-than-expected 130,000 jobs last month"

            If you haven't been following this stuff for long, it might surprise you to know that "adding" 130,000 jobs in a month is a net loss. A jobs report like this would have been taken as a sign of a very poor economy even 15 years ago. The reason is that around 180,000 young people reach legal employment age each month in the US (Contra the admin's confabulations, this is how many US citizens reach employment age, and is not about immigration slowing). Adding 180,000 jobs would be treading water. Adding 130,000 is effectively 50,000 new people without jobs, a net loss by the spirit of this metric. There's also the reality that many of these estimates have been revised down by the BLS after more data came in.

            Saying hiring is "picking up" and is "stronger than expected" is effectively saying "it could have been worse! 🤷 ". It's wild to see this positive spin on a very poor report.

            It's extraordinarily fishy that the reported unemployment rate is not moving much in spite of these persistent and mounting job losses. I know why this is so please don't @ me a splanation. My point is that it, again, does not reflect the spirit of what this metric is meant to capture. It is wholly perverse now and should not be reported at all, let alone taken as a meaningful indicator.

            The US economic numbers, when you push aside all the B.S., are recession-level. There's no "momentum" in the "labor market". There are not "green shoots" or "signs". The economic situation is bad.



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              [?]Kim Perales » 🌐
              @KimPerales@toad.social

              The Fed appears to be propping up the markets with additional liquidity.🚨The has already been caught fiddling with data. , the BBB, draconian policies... are still taking a toll on . What else are Trump & his⭕hiding?:

              "Reserve pumps🚨$19.5B into the U.S. Banking System through overnight repos.🚨This is the 3rd LARGEST liquidity injection since Covid (the largest since Covid was on Friday)."
              -Barchart

              Line graph depicting the volume of Treasury securities purchased by the Federal Reserve through overnight repurchase agreements from February 2025 to January 2026. Data shows fluctuations, with notable spikes, and shaded areas indicating U.S. recessions.

              Alt...Line graph depicting the volume of Treasury securities purchased by the Federal Reserve through overnight repurchase agreements from February 2025 to January 2026. Data shows fluctuations, with notable spikes, and shaded areas indicating U.S. recessions.

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                [?]Kim Perales » 🌐
                @KimPerales@toad.social

                Mike Johnson:🚨"America is winning again" after the rpt: "the direct result” of cong Rs’/Trump’s policies.

                Govt shutdown: most impt cause of gaps in the coll data for the calc.🚨"You've got to take it with a grain of salt -confusing -doesn't quite square with prices that we've observed."

                Trump’s steep cutbacks had already reduced the staff assigned to sampling prices by 25%.🚨Prompted: BLS to substitute imputed#s in lieu of hard data.


                kansascity.com/opinion/us-view

                Image shows Trump’s face, likely conveying a serious or contemplative expression, accompanied by text discussing accusations against the Trump administration regarding manipulated economic data.

                Alt...Image shows Trump’s face, likely conveying a serious or contemplative expression, accompanied by text discussing accusations against the Trump administration regarding manipulated economic data.

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                  [?]Nonilex » 🌐
                  @Nonilex@masto.ai

                  rose to a 4-year high of 4.6% in November — the worst since the — & the economy “added” 64,000 “”, new Bureau of Statistics [] data shows


                  nytimes.com/live/2025/12/16/bu

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                    [?]Kim Perales » 🌐
                    @KimPerales@toad.social

                    Fed CHM Powell pointed on Wed to a job-mkt risk: have been worried about: ofcl stats🚨COULD BE DRASTICALLY OVERSTATING RECENT HIRING.

                    Powell said: Fed staffers believe that fed data could be overestimating🚨job creation by up to 60K /mo. Given that figures pub so far show that the has added ~40K jobs/mo since Apr, the real# could be something more like a loss of 20K jobs/mo.

                    : is likely fiddling w the stats.

                    wsj.com/economy/jobs/fed-chair

                    A sign displaying "NOW HIRING" is prominently featured, indicating job openings. Above it, there is another sign that reads "DIESEL." The background shows a clear blue sky. The image is associated with a statement from Fed Chair Powell.

                    Alt...A sign displaying "NOW HIRING" is prominently featured, indicating job openings. Above it, there is another sign that reads "DIESEL." The background shows a clear blue sky. The image is associated with a statement from Fed Chair Powell.

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                      [?]Nonilex » 🌐
                      @Nonilex@masto.ai

                      Private employers cut 32k in November, acc/to the payroll processing company . Economists are closely watching the company’s data because numbers from the Bureau of Statistics [] have been delayed [& are unreliable] by the federal govt shutdown, which ended last month but is continuing to have lingering effects on the nation’s economic stats.


                      nytimes.com/live/2025/12/03/us

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                        [?]Nonilex » 🌐
                        @Nonilex@masto.ai

                        U.S. employers added a surprisingly solid 119,000 in September, the government “said”, issuing a key economic report that had been delayed for 7 weeks by the federal government shutdown.

                        Let’s wait for the revised numbers. Plus how can we trust anything this admin says? fired the head of for numbers he didn’t like, then put a loyalist in her job.


                        apnews.com/article/jobs-unempl

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                          [?]Trump & Epstein: Biz partners. » 🌐
                          @MugsysRapSheet@mastodon.social

                          Yet another reason why the is in no hurry to end the & reopen the gov't (besides / ):

                          is destroying the (yet again), but there are no numbers to report b/c the is closed.

                          So we must go to private reporting, who says layoffs are at a "22 year high.")
                          reuters.com/business/world-at-