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  • Another BS jobs report

    From ScottW@21:1/5 to All on Fri Oct 6 09:24:27 2023
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.

    How many bogus reports does it take to convince you this admin is propagandizing the reports?

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Fri Oct 6 13:02:11 2023
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.

    If so, it will meet expectations.

    How many bogus reports does it take to convince you this admin is propagandizing the reports?

    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Fascist Flea@21:1/5 to All on Fri Oct 6 10:38:13 2023
    https://tinyurl.com/mrtez7zs

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Fascist Flea@21:1/5 to All on Fri Oct 6 11:40:06 2023
    mINE109 wrote:

    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    Not to you, or the rest of Reality, maybe. But who knows what Witlessmoron believes "propaganda" means? They believe the inane claims of the "stolen" election. They believe the noisome blather from the LRWEC that Pelosi et al caused McFarty to lose the Speakership. They believe the snake oil hydroxywhatever
    is still a viable candidate to "cure" covid. They believe nothing any Democrat ever says about anything, whether it's objectively true or not.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Sat Oct 7 08:18:52 2023
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.

    And his Bidenomics propaganda may just fuck us all in the process.

    https://www.cnbc.com/2023/10/05/heres-what-you-need-to-know-about-the-big-jobs-report-friday.html

    Only Joe could create a situation where a strong jobs report is bad news.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Sat Oct 7 11:59:08 2023
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained? >>>
    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.

    What does that even mean? BLS reports are always followed by revisions.
    Here's the last year (2022):

    https://www.bls.gov/web/empsit/cesbmart.htm

    Two downward revision stand out but there's an similarly large upward
    revision. As a percentage of total employment, still relatively small.

    Here's 2019:

    https://www.bls.gov/ces/publications/benchmark/ces-benchmark-revision-2019.pdf

    Not quite spot on.

    You'll find Biden and Trump era revisions vs estimates here:

    https://www.bls.gov/web/empsit/cesnaicsrev.htm

    There are some pandemic whoppers in there.

    And his Bidenomics propaganda may just fuck us all in the process.

    https://www.cnbc.com/2023/10/05/heres-what-you-need-to-know-about-the-big-jobs-report-friday.html

    Only Joe could create a situation where a strong jobs report is bad news.

    Another paradox: the low wage growth is good news for inflation worries.

    Wall Street doesn't trust an inflation solution that doesn't include unemployment and recession.

    Your method is beyond obvious: repeat negative reports and dismiss
    positive ones.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Sat Oct 7 20:52:48 2023
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.
    What does that even mean? BLS reports are always followed by revisions. Here's the last year (2022):

    Go look up 2023 and compare.
    Funny what going into campaign mode will do.

    And now we have another war to watch on Joe's watch.
    Compare that to under Trump.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Sun Oct 8 08:29:53 2023
    On 10/7/23 10:52 PM, ScottW wrote:
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.
    What does that even mean? BLS reports are always followed by revisions.
    Here's the last year (2022):

    Go look up 2023 and compare.

    More revisions? Like nearly every previous report?

    Think about it: the report is twice the expectations and you think it
    will revised by half. So?

    Funny what going into campaign mode will do.

    You're always in campaign mode.

    And now we have another war to watch on Joe's watch.

    Yes, Biden's responsible for everything.

    Compare that to under Trump.

    https://foreignpolicy.com/2023/04/18/donald-trump-presidency-anti-imperialist-militarism-war/

    "These pieces all rest heavily on the claim that Trump launched no new
    wars. That’s true as far as it goes. But it was certainly not for lack
    of trying. Trump might not have started any wars, but he massively
    inflamed existing ones—and came close to catastrophic new ones.

    Let’s review the record. Despite inveighing against “endless wars,”
    Trump massively escalated the country’s existing wars in multiple
    theaters, leading to skyrocketing casualties."

    Examples: Afghanistan, Yemen, North Korea, Venezuela.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Sun Oct 8 10:07:28 2023
    On Sunday, October 8, 2023 at 6:29:56 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:52 PM, ScottW wrote:
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.
    What does that even mean? BLS reports are always followed by revisions. >> Here's the last year (2022):

    Go look up 2023 and compare.
    More revisions? Like nearly every previous report?

    I posted it before. Go find it. The numbers are....revealing.


    Think about it: the report is twice the expectations and you think it
    will revised by half. So?
    Funny what going into campaign mode will do.
    You're always in campaign mode.
    And now we have another war to watch on Joe's watch.
    Yes, Biden's responsible for everything.
    Compare that to under Trump.
    https://foreignpolicy.com/2023/04/18/donald-trump-presidency-anti-imperialist-militarism-war/

    "These pieces all rest heavily on the claim that Trump launched no new
    wars. That’s true as far as it goes. But it was certainly not for lack
    of trying. Trump might not have started any wars, but he massively
    inflamed existing ones—and came close to catastrophic new ones.

    Funny....you'd think massive inflammation would memorable and notable. Instead......


    Let’s review the record. Despite inveighing against “endless wars,” Trump massively escalated the country’s existing wars in multiple theaters, leading to skyrocketing casualties."

    Examples: Afghanistan, Yemen, North Korea, Venezuela.

    We're at war in N. Korea and Venezuela? What casualties?

    This is the most insane complete ignorance of reality you've posted yet.
    It's just plain crazy talk and only serves to proof the pointlessness of debate with you.
    You're nuts.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Sun Oct 8 12:39:34 2023
    On 10/8/23 12:07 PM, ScottW wrote:
    On Sunday, October 8, 2023 at 6:29:56 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:52 PM, ScottW wrote:
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote:
    On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When
    decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.
    What does that even mean? BLS reports are always followed by revisions. >>>> Here's the last year (2022):

    Go look up 2023 and compare.
    More revisions? Like nearly every previous report?

    I posted it before. Go find it. The numbers are....revealing.

    Yes, they reveal revisions to the previous report just like all the
    other revisions. Maybe it's in a different thread.

    https://www.bls.gov/news.release/empsit.nr0.htm

    "The change in total nonfarm payroll employment for July was revised up
    by 79,000, from +157,000 to +236,000, and the change for August was
    revised up by 40,000, from +187,000 to +227,000. With these revisions, employment in July and August combined is 119,000 higher than previously reported. (Monthly revisions result from additional reports received
    from businesses and government agencies since the last published
    estimates and from the recalculation of seasonal factors.)"

    That's some high-level propaganda there, underestimating the initial
    report and announcing the more positive news in the lesser reported
    revisions.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Sun Oct 8 12:19:26 2023
    On 10/7/23 10:52 PM, ScottW wrote:
    Go look up 2023 and compare.

    Or, alternatively, you could make your own argument.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Sun Oct 8 19:25:23 2023
    On Sunday, October 8, 2023 at 10:39:37 AM UTC-7, mINE109 wrote:
    On 10/8/23 12:07 PM, ScottW wrote:
    On Sunday, October 8, 2023 at 6:29:56 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:52 PM, ScottW wrote:
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote: >>>>>> On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.
    How many bogus reports does it take to convince you this admin is propagandizing the reports?
    When jobs are increasing, revisions are generally downward. When >>>>>> decreasing, upward. Not propaganda.

    BS. Biden admin is the one who can't come close.
    What does that even mean? BLS reports are always followed by revisions. >>>> Here's the last year (2022):

    Go look up 2023 and compare.
    More revisions? Like nearly every previous report?

    I posted it before. Go find it. The numbers are....revealing.
    Yes, they reveal revisions to the previous report just like all the
    other revisions. Maybe it's in a different thread.

    https://www.bls.gov/news.release/empsit.nr0.htm

    "The change in total nonfarm payroll employment for July was revised up
    by 79,000, from +157,000 to +236,000, and the change for August was
    revised up by 40,000, from +187,000 to +227,000. With these revisions, employment in July and August combined is 119,000 higher than previously reported. (Monthly revisions result from additional reports received
    from businesses and government agencies since the last published
    estimates and from the recalculation of seasonal factors.)"

    That's some high-level propaganda there,

    Here's the full year since you can't do your homework.

    https://www.bls.gov/web/empsit/cesnaicsrev.htm

    Enjoy your "seasonal adjustment" euphoria.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Mon Oct 9 10:21:08 2023
    On 10/8/23 9:25 PM, ScottW wrote:
    On Sunday, October 8, 2023 at 10:39:37 AM UTC-7, mINE109 wrote:
    On 10/8/23 12:07 PM, ScottW wrote:
    On Sunday, October 8, 2023 at 6:29:56 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:52 PM, ScottW wrote:
    On Saturday, October 7, 2023 at 9:59:13 AM UTC-7, mINE109 wrote:
    On 10/7/23 10:18 AM, ScottW wrote:
    On Friday, October 6, 2023 at 11:02:14 AM UTC-7, mINE109 wrote: >>>>>>>> On 10/6/23 11:24 AM, ScottW wrote:
    Any bets the revision will slash at least 1/3 of the reported jobs gained?

    I project the final revision will be closer to half of this report....again.
    If so, it will meet expectations.

    <revisions prove propaganda?>

    https://www.bls.gov/news.release/empsit.nr0.htm

    "The change in total nonfarm payroll employment for July was revised up
    by 79,000, from +157,000 to +236,000, and the change for August was
    revised up by 40,000, from +187,000 to +227,000. With these revisions,
    employment in July and August combined is 119,000 higher than previously
    reported. (Monthly revisions result from additional reports received
    from businesses and government agencies since the last published
    estimates and from the recalculation of seasonal factors.)"

    That's some high-level propaganda there,

    Here's the full year since you can't do your homework. https://www.bls.gov/web/empsit/cesnaicsrev.htm

    That's not a full year. Yes, I saw it. The initial estimate is the
    actual job report?

    Enjoy your "seasonal adjustment" euphoria.

    Is it propaganda if the job reports come in lower than the estimate? I
    don't see the political advantage to "jobs come in lower than
    expectations" or "jobs revised downward" heds on the financial page.

    If the estimates are based on employer reports, how does the BLS create propaganda? Any change of methodology would be big business page news.

    Hmm. "Mean absolute revision." The Trump years are 34. 34 and 31.
    Biden's first non-pandemic year of 2022 is 28 (all seasonally adjusted).

    So, yes, there's variation, but it's hardly proof of propaganda.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)