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The US economy lost 32,000 private-sector jobs in September

bcroger

bcroger

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Private payrolls plunged in September, complicating the picture for the US economy as policymakers and investors struggle to assess the state of the labor market amid a government shutdown.

The Bureau of Labor Statistics is unlikely to release the monthly jobs report this Friday due to the closure. That means many flying blind without critical economic data are having to key into any information they can get, including Wednesday’s private sector jobs data from payroll company ADP.

US private-sector businesses lost 32,000 jobs in September, according to the report. August’s previously estimated 54,000 payroll gains were downwardly revised to negative 3,000.

While ADP’s estimates don’t often correlate with the official monthly jobs numbers when they’re released days later, the report is sometimes viewed as an indicator of the labor market’s trajectory.


 
Is that a lot? It's a large number but not sure how it fits into the bigger picture of things. Like maybe the usual job loss is 1,000,000.
 
i think america is at it s lowest when it comes to job creation from what i ve seen , i feel sad for people who didn t vote trump the others can go die.
 
That’s what happens when you as a company keep cutting to make investors happy. You cut the quality of your product and services and spend millions of ads while destroying any customer base you had by adding subscription fees. Then you cut your employees and replace with h1-b visa pajeets. So not only are you making a worse product but also you are making people not able to afford what you sell. You can only ride the savings money you made in cuts so long before your existing employees hate you and your customers hate you. Then you as CEO exit out before the fucken mess you made hits you and you become “the ceo where the company made profitability”, then some cum chugger at another company hires you to destroy their company.
 
Last edited:
govt shutdown

terrible jobs report

s&p hits 6700 :feelstastyman:
 
That’s what happens when you as a company keep cutting to make investors happy. You cut the quality of your product and services and spend millions of ads while destroying any customer base you had by adding subscription fees. Then you cut your employees and replace with h1-b visa pajeets. So not only are you making a worse product but also you are making people not able to afford what you sell. You can only ride the savings money you made in cuts so long before your existing employees hate you and your customers hate you. Then you as CEO exit out before the fucken mess you made hits you and you become “the ceo where the company made profitability”, then some cum chugger at another company hires you to destroy their company.
You're right, but the problem is that the entire economy is like this now

Company cheaps the shit out of everything -> employees or customers leave for another company -> next company does the exact same shit

There is no escape
 
i think america is at it s lowest when it comes to job creation from what i ve seen , i feel sad for people who didn t vote trump the others can go die.
Honestly worth it for less shitskins tbh.

Yeah, republicans are also controlled by the Jews, but they are just slightly better.
 
good for assets

bad for poor people who don't own any
 
Hopefully one of those laid off foids will be my future gf :owo:
 

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