this is where things quickly took a turn for the bizarre because while the headline payrolls number was clearly - and purposefully - stellar, the unemployment unexpectedly increased from 3.9% to 4.0%
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119 sats \ 7 replies \ @grayruby 7 Jun 2024
At least everyone is starting to recognize all these numbers are bullshit. The real game for wall street is "I know it's bs, you know it's bs, we all know it's bs, but is everyone else going to just keep pretending it's accurate data and trade accordingly or call bs and trade accordingly."
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118 sats \ 6 replies \ @siggy47 OP 7 Jun 2024
It reminds me of this quote:
https://quoteinvestigator.com/2023/10/14/know-lie/
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182 sats \ 0 replies \ @kepford 7 Jun 2024
Yep, this reminds of of Adam Curtis documentary "Hypernormalization". He mentions Aleksandr Solzhenitsyn I believe.
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104 sats \ 3 replies \ @kepford 7 Jun 2024
This aspect of our culture/nation is to me one of the most toxic things. Its a culture based on lies and it is slowly destroying us. It is present from the most external to most internal aspects of our culture. I believe the only solution is for each person to start refusing to lie to themselves and accept lies in their life. This doesn't mean you need to be a jerk. We should be kind but we should stop with all the lying and pretending. We have seen how it ends. Not pretty.
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60 sats \ 2 replies \ @Satosora 7 Jun 2024
This society has lost lots of its morals and traditional values.
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50 sats \ 1 reply \ @kepford 8 Jun 2024
A lot of people say this but I don't think many realize how fundamental it is. When people talk about this I think they mean specific traditions and religious beliefs but it is even more fundamental. One can still say a lot of things while being fake. People fool themselves. People lie to themselves. It is rampant. People make vows and think nothing of breaking them. People do not value their word. They do value their own values.
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50 sats \ 0 replies \ @Satosora 8 Jun 2024
Being a person of honesty is missing.
If you are honest, you have morals, you keep your word.
This society is attacking those key traits, and destroying what they stood for.
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0 sats \ 0 replies \ @grayruby 7 Jun 2024
Bingo
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67 sats \ 0 replies \ @0xbitcoiner 7 Jun 2024
related to this topic:
US Unauthorized Immigrants By State #564106
and
Switching Jobs No Longer Pays Off Like It Used To
https://m.stacker.news/34418
https://www.statista.com/chart/31032/median-year-over-year-change-in-annual-pay-in-the-us/reply
67 sats \ 7 replies \ @Undisciplined 7 Jun 2024 freebie
Americans have never had so many jobs.
https://m.stacker.news/34417
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55 sats \ 1 reply \ @siggy47 OP 7 Jun 2024
When Bloomberg mentions it, you know it must be flagrant
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67 sats \ 0 replies \ @Undisciplined 7 Jun 2024
I ran into something similar at work, but in the context of tasks worked during the day.
People doing more jobs is a breakdown in specialization and it's not immediately clear why that would be happening.
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21 sats \ 0 replies \ @Satosora 7 Jun 2024
There are jobs out there if you look in the right places.
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21 sats \ 3 replies \ @Bell_curve 7 Jun 2024
Why is there a gap?
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13 sats \ 2 replies \ @Undisciplined 7 Jun 2024
People have multiple jobs, so they appear as multiple payroll entries in the data.
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21 sats \ 1 reply \ @Bell_curve 7 Jun 2024
Does payroll exclude 1099 employees?
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13 sats \ 0 replies \ @Undisciplined 7 Jun 2024
I'm not sure. I didn't click through to wherever the details are on the dataset.
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54 sats \ 0 replies \ @Satosora 7 Jun 2024
The numbers are way larger.
They are just gradually increasing them so it doesnt alarm people.
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54 sats \ 3 replies \ @Coinsreporter 7 Jun 2024
These are some serious concerns!
How a government that is running due to the votes of its native people but offering jobs to people from outside! WTH!
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24 sats \ 1 reply \ @siggy47 OP 7 Jun 2024
Well, it is more complicated, but your basic idea is correct. Those are the least desirable, lowest paying jobs. The US has plenty of them.
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54 sats \ 0 replies \ @Satosora 7 Jun 2024
The US has plenty of them, but the native people feel too entitled to do them.
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0 sats \ 0 replies \ @Bell_curve 7 Jun 2024
This is a big part of Trump rhetoric
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