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txfz1
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06 Feb 2022, 11:07 am

The_Walrus wrote:
The February report corrected the January report - there were actually gains in December. In January itself, there seem to have been over 450k jobs gained. Every month of the Biden administration so far has seen employment increase, which is unsurprising after the economy tanked in Trump’s final year.

Source: https://www.nytimes.com/2022/02/04/busi ... eport.html



The revisions are usually around 0.02% or around 30k but this JAN report was revised to add 367k in March, 2021 data. I find it hard to believe the respondents have corrected the March data by ten fold. Every month in 2021, there was a revision. I could see even a increase but not ten fold, it doesn't pass my smell test but I will admit, I'm not an economist. So the first report missed it by 300k and then 367k gets added to the report by revision.

"In August, when economists expected a strong follow-up to the 943,000 jobs the economy added in July, the BLS announced the U.S. added only 235,000 jobs. Headlines dubbed it a "colossal miss" as job growth took a "giant step back." Two months later, revisions based on additional data showed August jobs grew by 483,000, more than double the anemic original reading. It was the biggest positive revision in almost four decades."

Disclaimer: NYT is paywall and I didn't read.



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06 Feb 2022, 11:22 am

Cornflake wrote:
It is, nevertheless, something I felt should be addressed.
.


That can't of been an easy post to make and I applaud your raw honesty, I hope the ghosts leave you soon. It wasn't needed IMO but doing so shows a transparency rarely seen by admins on discussion forums :wtg:


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06 Feb 2022, 11:34 am

cyberdad wrote:


Why the need to apply satire though?


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06 Feb 2022, 11:40 am

This situation of hiring people, putting people in positions because of their Race is not new …. Incompetent or not incompetent, It has really gotten ridiculous how this has influence on smaller city and County governments .
Have actually seen persons in low level county assessors office, get their jobs only because of their minority status .
For example was trying to communicate something that was wrong with the amount of taxes that was due.
Her command of the English language was so bad that, it became a absolute exercise in futility to try to talk with her
Finally gave up , even after her co- workers had all become aware of the situation . No one stepped in to help.
As especially since the office was slow that day. Had to end up going to another office of the assessors office in another city . And that transaction , went very smoothly . And issues were handled with no event .
This is just an example of someone , with little qualification,is hired as a public servant . Be it a Supreme Court judge
Or a tax collector, civil servant. Thoughts come to mind about the qualifications of the person doing the hiring?
And their not wishing to be held responsible for their actions .
Biden was quite clear his intention was to hire a black woman for the job . No mention of qualifications.
If nothing else, We might be considering Biden’s qualification as POTUS .?


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The_Walrus
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06 Feb 2022, 12:21 pm

txfz1 wrote:
The_Walrus wrote:
The February report corrected the January report - there were actually gains in December. In January itself, there seem to have been over 450k jobs gained. Every month of the Biden administration so far has seen employment increase, which is unsurprising after the economy tanked in Trump’s final year.

Source: https://www.nytimes.com/2022/02/04/busi ... eport.html



The revisions are usually around 0.02% or around 30k but this JAN report was revised to add 367k in March, 2021 data. I find it hard to believe the respondents have corrected the March data by ten fold. Every month in 2021, there was a revision. I could see even a increase but not ten fold, it doesn't pass my smell test but I will admit, I'm not an economist. So the first report missed it by 300k and then 367k gets added to the report by revision.

"In August, when economists expected a strong follow-up to the 943,000 jobs the economy added in July, the BLS announced the U.S. added only 235,000 jobs. Headlines dubbed it a "colossal miss" as job growth took a "giant step back." Two months later, revisions based on additional data showed August jobs grew by 483,000, more than double the anemic original reading. It was the biggest positive revision in almost four decades."

Disclaimer: NYT is paywall and I didn't read.

At least for me, the particular article I linked to was not paywalled. But here is the same story from another site (although this seems to be a bit more “colourful”): https://www.cnbc.com/amp/2022/02/04/job ... 2020-.html

I don’t know anything about how these figures are compiled, but given the tumultuousness we are currently experiencing, I can imagine larger revisions than usual are required. It seems the most recent report was the annual report, which involved correcting the last 12 months, with recent months seeing the largest changes.



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06 Feb 2022, 12:31 pm

Jakki wrote:
Biden was quite clear his intention was to hire a black woman for the job . No mention of qualifications.
If nothing else, We might be considering Biden’s qualification as POTUS .?

If Biden appoints Michelle Obama, Oprah Winfrey or Serena Williams, by all means question their qualifications.

If he appoints Ketanji Brown Jackson, Leondra Kruger, or J. Michelle Childs, he will be appointing someone who is patently qualified. And this is borne out in the appointments Biden has made so far - ethnically diverse, more women, but also better educated than past judges: https://fivethirtyeight.com/features/wh ... minee/amp/



txfz1
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06 Feb 2022, 12:33 pm

BLS.gov is a fun website to play with data. If they are massaging the numbers w/o transparency, its not very believable for the truth after the massage. Still beyond my interest level after ten minutes.



cyberdad
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06 Feb 2022, 4:11 pm

Doberdoofus wrote:
cyberdad wrote:


Why the need to apply satire though?


Image


I'm afraid I'm no gatekeeper, Your accusations are, however, rather flattering.



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07 Feb 2022, 5:18 am

txfz1 wrote:
I think Garland has proved he is a political tool and think Gorsuch is the better choice.


That is your opinion, not supportable fact. Both were rated "well qualified," unanimously, by the ABA.

I take a lot of issue with the way Gorsuch's interprets law.


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16 Feb 2022, 10:02 am

I talked to a couple of friends of mine and they said they felt that a black woman being in the American supreme court is a huge deal.

But what I don't understand is, American poloticians will pander to the American people all the time to rake in the votes. One thing to rake in votes is appoint non-white people to certain high jobs. So it seems to me that it's not that special therefore, if it's pandering and tokenism. So why is this considered a huge deal when it's normal for politicians to pander and be tokenist?



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16 Feb 2022, 11:29 am

ironpony wrote:
I talked to a couple of friends of mine and they said they felt that a black woman being in the American supreme court is a huge deal.

But what I don't understand is, American poloticians will pander to the American people all the time to rake in the votes. One thing to rake in votes is appoint non-white people to certain high jobs. So it seems to me that it's not that special therefore, if it's pandering and tokenism. So why is this considered a huge deal when it's normal for politicians to pander and be tokenist?


Has it happened yet? If it hasn't being the first inherently makes it a bigger deal. If it was already 'normal' it wouldn't be a big deal.


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17 Feb 2022, 1:15 am

It's happened more in other industries than the government, but even if a different industry does it, it's still the same principle.



shortfatbalduglyman
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17 Feb 2022, 7:32 pm

demographic quota

affirmative action



txfz1
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17 Feb 2022, 10:03 pm

DW_a_mom wrote:
txfz1 wrote:
I think Garland has proved he is a political tool and think Gorsuch is the better choice.


That is your opinion, not supportable fact. Both were rated "well qualified," unanimously, by the ABA.

I take a lot of issue with the way Gorsuch's interprets law.


I didn’t say it was fact, just my opinion. I sometimes don’t agree with Gorsuch, just as you. I thought Garland was an okay choice when nominated but his actions since has proved he would have been a horror on the court. He would give Sotomayor a run for the title of the worst.



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18 Feb 2022, 6:01 am

Jakki wrote:
This situation of hiring people, putting people in positions because of their Race is not new …. Incompetent or not incompetent, It has really gotten ridiculous how this has influence on smaller city and County governments .
Have actually seen persons in low level county assessors office, get their jobs only because of their minority status .
For example was trying to communicate something that was wrong with the amount of taxes that was due.
Her command of the English language was so bad that, it became a absolute exercise in futility to try to talk with her
Finally gave up , even after her co- workers had all become aware of the situation . No one stepped in to help.
As especially since the office was slow that day. Had to end up going to another office of the assessors office in another city . And that transaction , went very smoothly . And issues were handled with no event .
This is just an example of someone , with little qualification,is hired as a public servant . Be it a Supreme Court judge
Or a tax collector, civil servant. Thoughts come to mind about the qualifications of the person doing the hiring?
And their not wishing to be held responsible for their actions .
Biden was quite clear his intention was to hire a black woman for the job . No mention of qualifications.
If nothing else, We might be considering Biden’s qualification as POTUS .?


Kackling Kamala Harris was chosen to be the vice president because they wanted a female POC in that position.
Now, how did that work out? :mrgreen:



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18 Feb 2022, 6:19 am

^^^How you doin' man? Haven't seen you for awhile.


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