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The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy (www.npr.org)
submitted 5 months ago by [M] to c/politics@sh.itjust.works
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A report from the Labor Department Friday shows employers cut 92,000 jobs in February, when economists had expected the U.S. would continue adding jobs, albeit at a sluggish pace. The unemployment rate inched up to 4.4%.

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[–] 54 points 5 months ago (1 child)

"unexpectedly"

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    • [–] [S] 24 points 5 months ago (1 child)

    It has to be worse than this, right? They lie their asses off about this shit.

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  • [–] 17 points 5 months ago

    I mean so far all the revisions have been down and I would expect Jan to shrink further. February's report revised down January's previous payrolls figure from 130,000 to 126,000. They also cut December’s figure from 50,000 jobs added to a contraction of 17,000.

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    • [–] 12 points 5 months ago* (1 child)

    Sorry, they don't measure the economy for people like you and I anymore. The economy, much like credit has been a measure of how well they're managing to exploit us.

    We're just the cattle.

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    • [–] 11 points 5 months ago

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    [–] 9 points 5 months ago

    Is America great yet? Any day now China is going to start paying all them tarrifs

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    [–] 4 points 5 months ago

    Unexpectedly expected.

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