Maybe I'm being too conspiratorial, but I'm at the point now where I don't trust any government data. Payrolls data seem like the most manipulated.
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Maybe I'm being too conspiratorial, but I'm at the point now where I don't trust any government data. Payrolls data seem like the most manipulated.
"Too conspiratorial"? Nah. The jobs report in particular seems like one of the most manipulated.
And anecdotal evidence for me, with IT jobs in particular, says that it's really tough to even get an interview now. And the people with these jobs are on pins and needles, hoping they'll keep them.
Also, just saw a pointer to this article on stacker.news: https://news.abplive.com/business/amazon-layoffs-tech-firm-to-cut-14-000-manager-positions-by-2025-ceo-andy-jassy-1722182
This is one of the reasons I've chosen to become a Rebel Nomad going Bitcoin only!
The HR freaks never liked me anyway haha, good riddance
Sure its faked, but it also helps that they started trying to whack us all from 2020 onwards!
Miracles do happen!
I wonder if it has anything to do with this ...

view on x.comIt's interesting because in the article you shared, it says this
https://xcancel.com/GlobalMktObserv/status/1842731501307429206
Yes, political ambitions are bigger than people's expectations.
What companies have had mass layoffs in 2024?What companies have had mass layoffs in 2024?
https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/
soft landing from what?
Unemployment trending up, but by the time the media notices they will find something to blame that is not the cause. It is what it is.
I wonder if Powell and the Fed are factoring in the East and Gulf Coast strikes happening again since the Union already activated the 100-day countdown. The pay I feel like we knew they were going to hash out but the automation.... that has no easy answer and they have spent over a year already trying to address it.
The Union wants no automation even when it means an increase in safety and productivity. A huge example is how the West Coast Ports have added some automation and I want to say it was 700ish jobs that have been "lost" according to the East Coast Union but safety and productivity went up considerably. I mean 99% of the people in the US have to be looking at the salaries these guys are getting and going should I quit my job and join them? Almost all these people are going to be clearing $100 grand easily and in a state like Flordia your taxes are stupid low!
| Payrolls data seem like the most manipulated.
There may be some manipulation in the payroll data. I suspect the debt data is even more questionable.
I dont think you are being too conspiratorial.
We have seen them "fudge" data in their favor!
I share your skepticism. It's not odd the distrust institutions and people that lie and decieve. Cult members believe their leaders without doubts.
Didn’t we just have a massive adjustment to jobs data two months ago and now we are supposed to take current data as gospel?