Better than expected employment report. Wages increase,unemployment hits 18 year low

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  • RoyBacon
    BARRELED IN @ SBR!
    • 09-21-05
    • 37074

    #1
    Better than expected employment report. Wages increase,unemployment hits 18 year low
    The U.S. economy continued to add jobs at a solid clip in May, with nonfarm payrolls up 223,000 while the unemployment rate was 3.8 percent, the Bureau of Labor Statistics reported Friday.
  • vitterd
    Restricted User
    • 09-14-17
    • 58460

    #2
    How are wages doing?

    Is that unemployment number real? I remember the current president would tell us that was a fake number during his campaign.
    Comment
    • petepan69
      SBR MVP
      • 05-09-18
      • 1332

      #3
      Comment
      • RoyBacon
        BARRELED IN @ SBR!
        • 09-21-05
        • 37074

        #4
        Wages up matching GDP growth for the first time in forever.

        The labor report is calculated the same as it was under Obummer.

        We are all winning. Even libtards can applaud this progress even if they don't like the POTUS.
        Comment
        • RoyBacon
          BARRELED IN @ SBR!
          • 09-21-05
          • 37074

          #5
          Stock futures soar on blowout employment report. Dow is +185.

          Bonds headed in the opposite direction as investors price in rapidly increasing economic activity.

          10 year hits a yield of 2.92% as traders dump bonds in the premarket. The Fed is already planning rate increases and is concerned too much growth will spark inflation. Yesterday, however, the feds favorite inflation pricing report showed only a 2.4% annualized inflation rate.
          Comment
          • rkelly110
            BARRELED IN @ SBR!
            • 10-05-09
            • 39691

            #6
            Thanks Obama.
            Comment
            • dante1
              BARRELED IN @ SBR!
              • 10-31-05
              • 38647

              #7
              Originally posted by rkelly110
              Thanks Obama.


              Yep, Roy doesn't get this. I believe he was one of the guys giving DT credit after two months or so. And he claims to have great business acumen. Not if he thinks this is DT. The great irony might come if and when a recession hits and these same lads somehow blame everybody but DT? And that could be in the cards--however, I will not cheer against my country. I hope things work out beneficially for all Americans in spite of DT and his stupidity.

              Hey Roy that business smarts you are writing about is that derived from practical experience and/or education? Is it all on the job training and experience or do you have a degree in business? Or maybe you took some jr college classes? Or simply the school of hard knocks. I, myself have both, granted my degrees are getting old and I have forgotten most of everything I don't currently use. But, I am curious.
              Comment
              • rkelly110
                BARRELED IN @ SBR!
                • 10-05-09
                • 39691

                #8
                I know it blows their heads up when I say thanks Obama, but it's true. Obama enjoyed positive employment numbers
                through most of his 8 years. He handed off a great ball, all Trump had to do was run with it.

                Before Trump got in, there were hiring signs all over the place. Even w/o tax cuts, jobs would still be in demand.

                Tax cuts did nothing but appease their donors as witnessed by the donors publically saying no money if tax cuts
                weren't done. Conceived and connived behind closed doors making sure they had enough votes to pass before
                bringing to the floor. Amendments from the Dems refused knowing not one Dem would vote for and not needed.

                They were rewarded with mass amounts of money for their campaign coffers. Really sounds like a party for the "people".
                Comment
                • RoyBacon
                  BARRELED IN @ SBR!
                  • 09-21-05
                  • 37074

                  #9
                  Originally posted by dante1
                  Yep, Roy doesn't get this. I believe he was one of the guys giving DT credit after two months or so. And he claims to have great business acumen. Not if he thinks this is DT. The great irony might come if and when a recession hits and these same lads somehow blame everybody but DT? And that could be in the cards--however, I will not cheer against my country. I hope things work out beneficially for all Americans in spite of DT and his stupidity.

                  Hey Roy that business smarts you are writing about is that derived from practical experience and/or education? Is it all on the job training and experience or do you have a degree in business? Or maybe you took some jr college classes? Or simply the school of hard knocks. I, myself have both, granted my degrees are getting old and I have forgotten most of everything I don't currently use. But, I am curious.
                  dante, yes I do have a degree in international business, a minor in accounting and spent 33 years in executive management including the last 18 as CEO and eventually elected to the board of directors including a couple of years at the end as chairman. Still on the board so technically I do have to work 8 days a year(shareholder meetings). Worked my way through school without a dime from my parents or the government. "Worked" as in worked a full time job. You?

                  When we discuss business I try to explain to you in detail why my argument is what it is. I don't run to my degree or professional career. You said you can't believe how stupid people are. I feel the same way when we talked taxes. Trump for all his faults gets it on taxes. And it's so simple that I wonder if I'm really brilliant or are you guys just dumb?

                  My company had millions trapped offshore because of liberal tax policy that prevented us from bring it home. So what did we do? Invested in real estate in foreign countries.

                  Remember yesterday I asked you what benefit the US gets when we force a company out and then buy the same product they produce as an import?(asked you twice, you ignored them both) Same question on taxes, what benefit does the US get when it forces foreign generated profits to remain outside the US? To me I would think a 2nd grader could conclude a beneficial answer. But liberals can not.
                  Comment
                  • chico2663
                    BARRELED IN @ SBR!
                    • 09-02-10
                    • 36915

                    #10
                    Originally posted by RoyBacon
                    dante, yes I do have a degree in international business, a minor in accounting and spent 33 years in executive management including the last 18 as CEO and eventually elected to the board of directors including a couple of years at the end as chairman. Still on the board so technically I do have to work 8 days a year(shareholder meetings). Worked my way through school without a dime from my parents or the government. "Worked" as in worked a full time job. You?

                    When we discuss business I try to explain to you in detail why my argument is what it is. I don't run to my degree or professional career. You said you can't believe how stupid people are. I feel the same way when we talked taxes. Trump for all his faults gets it on taxes. And it's so simple that I wonder if I'm really brilliant or are you guys just dumb?

                    My company had millions trapped offshore because of liberal tax policy that prevented us from bring it home. So what did we do? Invested in real estate in foreign countries.

                    Remember yesterday I asked you what benefit the US gets when we force a company out and then buy the same product they produce as an import?(asked you twice, you ignored them both) Same question on taxes, what benefit does the US get when it forces foreign generated profits to remain outside the US? To me I would think a 2nd grader could conclude a beneficial answer. But liberals can not.
                    dude you actually believe the shit you say? I thought you were a welder who when his kids turned 18 made your company bacon and son?
                    Comment
                    • chico2663
                      BARRELED IN @ SBR!
                      • 09-02-10
                      • 36915

                      #11
                      before reagan all officers kids got free college. i guess he screwed you.
                      Comment
                      • guitarjosh
                        SBR Hall of Famer
                        • 12-25-07
                        • 5809

                        #12
                        Originally posted by rkelly110
                        Thanks Obama.
                        Originally posted by dante1
                        Yep, Roy doesn't get this. I believe he was one of the guys giving DT credit after two months or so. And he claims to have great business acumen. Not if he thinks this is DT. The great irony might come if and when a recession hits and these same lads somehow blame everybody but DT? And that could be in the cards--however, I will not cheer against my country. I hope things work out beneficially for all Americans in spite of DT and his stupidity.

                        Hey Roy that business smarts you are writing about is that derived from practical experience and/or education? Is it all on the job training and experience or do you have a degree in business? Or maybe you took some jr college classes? Or simply the school of hard knocks. I, myself have both, granted my degrees are getting old and I have forgotten most of everything I don't currently use. But, I am curious.
                        The current bull market started in March 2009, after Obama had been president less than 50 days. The current expansion started in June 2009 after Obama had been president less than 5 months. I guess you both give credit to W?

                        I give credit to the Federal Reserve.
                        Comment
                        • RoyBacon
                          BARRELED IN @ SBR!
                          • 09-21-05
                          • 37074

                          #13
                          Originally posted by chico2663
                          before reagan all officers kids got free college. i guess he screwed you.
                          Guess so. Would not change a thing. I was very fortunate to get into the school I did. Would never get in today with my grades and scores. Coming out of high school in Jimmy Carter's depression was a scary thing. Thank gawd for Reagan. By the time I finished college the economy was booming like never before.

                          Yes I welded for about 6 years. My eyesight is totally shot still. Was lucky to go into stainless. No one cared how fast the TIG guys worked. So yea, I guess I do believe it.
                          Comment
                          • Andy117
                            SBR Hall of Famer
                            • 02-07-10
                            • 9511

                            #14
                            94 million out of the work force. Is that number still important? It sure seemed to be a few years ago.
                            Comment
                            • chico2663
                              BARRELED IN @ SBR!
                              • 09-02-10
                              • 36915

                              #15
                              Originally posted by RoyBacon
                              Guess so. Would not change a thing. I was very fortunate to get into the school I did. Would never get in today with my grades and scores. Coming out of high school in Jimmy Carter's depression was a scary thing. Thank gawd for Reagan. By the time I finished college the economy was booming like never before.
                              lying again. you graduated during reagan. you were either born 65 or 66. QUIT FUCKKING LYING
                              Yes I welded for about 6 years. My eyesight is totally shot still. Was lucky to go into stainless. No one cared how fast the TIG guys worked. So yea, I guess I do believe it.
                              DUDE YOU GRADUATED UNDER REAGAN QUIT LYING. You don't even know shit about reagan so you may have graduated under poppa bush. THE BEST PRESIDENT OF MY LIFE! Bacon you are not a baby boomer so you couldn't have come out of school under carter, Food for thought. When you get caught lying on a regular basis...people quit believing the shit you say.
                              Comment
                              • chico2663
                                BARRELED IN @ SBR!
                                • 09-02-10
                                • 36915

                                #16
                                Originally posted by RoyBacon
                                Guess so. Would not change a thing. I was very fortunate to get into the school I did. Would never get in today with my grades and scores. Coming out of high school in Jimmy Carter's depression was a scary thing. Thank gawd for Reagan. By the time I finished college the economy was booming like never before.

                                Yes I welded for about 6 years. My eyesight is totally shot still. Was lucky to go into stainless. No one cared how fast the TIG guys worked. So yea, I guess I do believe it.
                                also reagan came after carter. You just said you guess so about reagan screwing you. Now if you were in college when carter was president than you would of had free college
                                Comment
                                • Shafted69
                                  SBR Hall of Famer
                                  • 07-04-08
                                  • 6412

                                  #17
                                  18 years ago was when the internet bubble was bursting. It's not a matter of "if". It's a matter of "when" the bubble will burst again.
                                  Comment
                                  • RoyBacon
                                    BARRELED IN @ SBR!
                                    • 09-21-05
                                    • 37074

                                    #18
                                    Originally posted by chico2663
                                    DUDE YOU GRADUATED UNDER REAGAN QUIT LYING. You don't even know shit about reagan so you may have graduated under poppa bush. THE BEST PRESIDENT OF MY LIFE! Bacon you are not a baby boomer so you couldn't have come out of school under carter, Food for thought. When you get caught lying on a regular basis...people quit believing the shit you say.
                                    Do you drink when you do your meds? Heavily?

                                    I graduated HS under carter and college under Reagan, it's not complicated guy.

                                    18 years ago was when the internet bubble was bursting. It's not a matter of "if". It's a matter of "when" the bubble will burst again.
                                    86 years ago we had a depression which is about as relevant as the internet speculation bubble.

                                    We would be in a recession now had we continued the Obama anti-business crusade.
                                    Comment
                                    • chico2663
                                      BARRELED IN @ SBR!
                                      • 09-02-10
                                      • 36915

                                      #19
                                      did you forget that you said you were 53? Not that complicated. You said you would of loved to have voted for reagan. It isn't that complicated.i think you need to quit drinking because you are losing it.
                                      Comment
                                      • chico2663
                                        BARRELED IN @ SBR!
                                        • 09-02-10
                                        • 36915

                                        #20
                                        did you forget that you said you were 53? Not that complicated. You said you would of loved to have voted for reagan. It isn't that complicated.i think you need to quit drinking because you are losing it. roy i know it is hard for you to keep your lies straight.
                                        Comment
                                        • dante1
                                          BARRELED IN @ SBR!
                                          • 10-31-05
                                          • 38647

                                          #21
                                          Originally posted by chico2663
                                          DUDE YOU GRADUATED UNDER REAGAN QUIT LYING. You don't even know shit about reagan so you may have graduated under poppa bush. THE BEST PRESIDENT OF MY LIFE! Bacon you are not a baby boomer so you couldn't have come out of school under carter, Food for thought. When you get caught lying on a regular basis...people quit believing the shit you say.
                                          exactly right Chico, many of these guys have lost credibility. why TF would you lie on a politics and econ forum. It makes no sense, you are who you are. and add to that it is anonymous, so if you as a human being who finds satisfaction telling a lie to complete strangers you need to see a doctor.

                                          It is much like bragging you were a HS qb and unable to tell the number of players on the offensive side of the ball. Makes no sense, the guys that actually played almost never comment on their career. They did it, they have pride in it and they keep it quiet. I know that for a fact.
                                          Comment
                                          • RoyBacon
                                            BARRELED IN @ SBR!
                                            • 09-21-05
                                            • 37074

                                            #22
                                            chico you constantly get me confused with someone else. The other day you thought I was Bigdaddy LOL.

                                            Just a reminder..I'm the guy who outed you as a libtard, from Texas, invited you to my house, welder to CEO, educated you on estate taxes, retired, bot ETP at $16... is it coming back to you?
                                            Comment
                                            • dante1
                                              BARRELED IN @ SBR!
                                              • 10-31-05
                                              • 38647

                                              #23
                                              I told this story before so forgive me if you heard it. For nearly two decades I took action for a bookie in his pool hall. But, it was not on the phone, you needed to come into the joint go into the back room give me your slip with your pieces written on it. I would record it in the book receive the money and the transaction was over. Since it was a basic pool/card room almost all players hung around watching TV, playing cards, drinking coffee, playing the poker machines and other crap. The point is you get to know these guys, and know most of them very well.

                                              I would estimate that at least 50% of them played ball either in HS or college, in fact, two played professional ball. One for the NY Giants and the Minn Vikings, the other was a pitcher for the St Louis Cardinals. He was a bit of a hand job but they hardly ever spoke about their careers, you needed to ask them questions and they were still reluctant to speak.

                                              That is one reason I knew Dwighite's story about being a HS QB was BS. First, he didn't graduate HS and second the only balls he ever played with were his own.
                                              Comment
                                              • dante1
                                                BARRELED IN @ SBR!
                                                • 10-31-05
                                                • 38647

                                                #24
                                                Originally posted by RoyBacon
                                                chico you constantly get me confused with someone else. The other day you thought I was Bigdaddy LOL.

                                                Just a reminder..I'm the guy who outed you as a libtard, from Texas, invited you to my house, welder to CEO, educated you on estate taxes, retired, bot ETP at $16... is it coming back to you?
                                                What university did you graduate Roy?
                                                Comment
                                                • DwightShrute
                                                  SBR Aristocracy
                                                  • 01-17-09
                                                  • 103756

                                                  #25
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                                                  • RoyBacon
                                                    BARRELED IN @ SBR!
                                                    • 09-21-05
                                                    • 37074

                                                    #26
                                                    Originally posted by dante1
                                                    What university did you graduate Roy?
                                                    I wouldn't mind telling you over a beer but not on a forum. It would certainly out my identity. And there are some strangeeee fvvks here(see chico).
                                                    Comment
                                                    • dante1
                                                      BARRELED IN @ SBR!
                                                      • 10-31-05
                                                      • 38647

                                                      #27
                                                      Originally posted by RoyBacon
                                                      I wouldn't mind telling you over a beer but not on a forum. It would certainly out my identity. And there are some strangeeee fvvks here(see chico).
                                                      Chico is a good guy.
                                                      Comment
                                                      • dante1
                                                        BARRELED IN @ SBR!
                                                        • 10-31-05
                                                        • 38647

                                                        #28
                                                        Originally posted by RoyBacon
                                                        I wouldn't mind telling you over a beer but not on a forum. It would certainly out my identity. And there are some strangeeee fvvks here(see chico).
                                                        I have no problem telling my university, I don't know how it would out you. Universities are pretty big, they can't figure out your identity without at least knowing your year of graduation and other particulars. I will gladly name the three universities I attended and received degrees from.

                                                        But, if you are a bit paranoid I get it.
                                                        Comment
                                                        • dante1
                                                          BARRELED IN @ SBR!
                                                          • 10-31-05
                                                          • 38647

                                                          #29
                                                          Originally posted by DwightShrute
                                                          this is all the poor guy has.

                                                          Dwightie, why not tell us a few stories concerning you HS QB career. You know how you tossed the winning hail mary pass against your biggest rival. Or the time you got hit so hard it caused severe mental problems. That one I would believe.

                                                          When you are finished you can tell us again about the 30 Samsung 65" 4K tv's located in your office. Your make-believe office that is. Why not tell us what you do in that office. That isn't a hard question. What exactly do you do? lol . No answer coming my friends, because his make-believe office is as real as the office that his make-believe screen name character worked.
                                                          Comment
                                                          • dante1
                                                            BARRELED IN @ SBR!
                                                            • 10-31-05
                                                            • 38647

                                                            #30
                                                            Originally posted by DwightShrute
                                                            duplicate sorry.
                                                            Comment
                                                            • DwightShrute
                                                              SBR Aristocracy
                                                              • 01-17-09
                                                              • 103756

                                                              #31
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                                                              • dante1
                                                                BARRELED IN @ SBR!
                                                                • 10-31-05
                                                                • 38647

                                                                #32
                                                                Originally posted by DwightShrute
                                                                so we are communicating, why not tell us what you do.

                                                                you do realize that 99% of the people reading this realize that you are a complete BS and liar if not able to answer this simple question. Of course, it is obvious you don't work, posting BS nearly round the clock.

                                                                Dwighie, you are a liar, a BS, a phony and just about the entire forum knows it. I and others have caught you lying and telling bs stories for years. And your defense is limited to the above BS.
                                                                Comment
                                                                • dante1
                                                                  BARRELED IN @ SBR!
                                                                  • 10-31-05
                                                                  • 38647

                                                                  #33
                                                                  well I have accomplished my duty early today.

                                                                  continue dwightie, we all would love to hear some more QB stories or TV stories. Continue my friend.
                                                                  Comment
                                                                  • sihpmem
                                                                    SBR High Roller
                                                                    • 01-30-16
                                                                    • 129

                                                                    #34
                                                                    Originally posted by vitterd
                                                                    How are wages doing?

                                                                    Is that unemployment number real? I remember the current president would tell us that was a fake number during his campaign.
                                                                    Glad to see you took my advice and hit the bar early
                                                                    Comment
                                                                    • vitterd
                                                                      Restricted User
                                                                      • 09-14-17
                                                                      • 58460

                                                                      #35
                                                                      Originally posted by sihpmem
                                                                      Glad to see you took my advice and hit the bar early
                                                                      You’re welcome for that winner on Braves posted here!! I know you saw it.

                                                                      Boom!! Vitterd nation is cashing huge again this year!!

                                                                      97 posts you have and 96 are about me. Time to reconsider your life kid. You’ve been doing this for over a decade now.
                                                                      Comment
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