Former Federal Reserve Vice Chairman Roger Ferguson joins ‘Squawk Box’ to discuss February’s job report data, the impact on the Fed’ interest rate outlook, and more.
source
Former Federal Reserve Vice Chairman Roger Ferguson joins ‘Squawk Box’ to discuss February’s job report data, the impact on the Fed’ interest rate outlook, and more.
source
I am looking forward to the unemployment report on April 5th, if its over 4% and we start climbing up in the months after that, expect CNN and MSNBC to stop reporting about it lmao
3.9% unemployment rate? What does that even mean?
China is more honest than the US about unemployment and underemployment. The economy is not strong. https://youtu.be/iK3VEF2woRY?si=cUDRVAcnA8OkKH1W
Idiots lol how these people can go home and sleep at night is beyond mind boggling
I think unemploment is really around 8%. No way under 4%… There are way to many unemployed people right now.
These people are delusional. First off the only people who get factored into unemployment are people working or have recently not worked. They aren't even counting the amount of people who just aren't working or have given up looking for jobs those numbers are what is making the unemployment so bad.
Cut the crap. 2008 vibes.
300,000 software engineers got laid off in San Francisco in 2023. And in the 1st week of 2024, another 30,000 got laid off from FANG. They are now driving DoorDash. That is not jobs created.
The ministry of truth has spoken.
Risk of inflation is much greated than you think!!!! 😇
J Powell will make America Great Again. No cuts until this administration has been voted out. More car repos, layoff, foreclosures and bankruptcies.
Fisker…FSR… Fastest sales growth EV maker in 2024. ? Over 300 % increase in deliveries / sales planned for 2024. 2 New European dealership agreements signed this week..Austria and Norway. Polestar.. EVTL… Blade…BYD….Blink…ChargePoint, more.
Oh for sure…We've lost hundreds of thousands of full time jobs over the past 12 months. It's amazing that part time jobs are exploding and hours worked have cratered. Makes TOTAL sense. Amazing labor market.
CNBC has been praying for a recession for two years now.
recessions are a necessary part of the economic cycle.
Well December and January job report were revised DOWN by a total of 167,000 jobs. SO Assume this February report is also a downward revision in a month. Also jobs created were more part time. Do you understand yet, these numbers are cooked, they look great but really are crappy. Market is being propped up. Enjoy the hard ride down.
As long as most of the jobs are Government or Education and Healthcare, saying we have a “strong” or “resilient” economy is delusional. Manufacturing jobs are actually down. Private industry is cutting jobs to keep earnings up. Becky is spot in about “feeding the addiction”.
Labor force participation still not recovered to pre-covid.
We need 6% unemployment to get deflation. Disinflation is smoke and mirrors. Prices are up 40%, the middle class is suffering.
HUGE! 275K Jobs Added in February and Unemployment still below 4% WOW – Greatest Economy, Thank you President Biden
That is only because all the data from all the layoffs of corporate employees in the last couple weeks that will be finalized in the coming 3 months are not being reported or realized yet! How do I know. First hand knowledge!!!
Isn't it interesting that a lot of financial gurus are coming out and saying economy is strong under the hood
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