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January wasn't bad.

Spamature

President

Spamature

President
and all have the right to refuse the jab if they wish toooooooooo

Spamhitler
And we see the results of that too, don't we ?


Overall, the excess death rate for Republicans was 5.4 percentage points (pp), or 76%, higher than the excess death rate for Democrats. Post- vaccines,
 

Dawg

President
Supporting Member
So ?

Your antivaxxers made the govt give up caring about whether your kids live or die.

They know sensible folks will do the right thing and you right wingers will pass down your covidiocy to their offspring.

Its the cycle of life I suppose.
and you will pass down Covid and Valley Fever
that is if not shot dead tonight by street gangs in your hood
Yeah, the circle of life in your hood
 

Spamature

President
and you will pass down Covid and Valley Fever
that is if not shot dead tonight by street gangs in your hood
Yeah, the circle of life in your hood
You victim of Covid
Unless you're victim suicide first.
Which is far more likely than me being shot by a gang member.
 

Dawg

President
Supporting Member
And we see the results of that too, don't we ?


Overall, the excess death rate for Republicans was 5.4 percentage points (pp), or 76%, higher than the excess death rate for Democrats. Post- vaccines,
Damn, wasn't aware Cali had so many republicans

Total number of COVID deaths in the U.S. by state 2023 | Statista
 

Dawg

President
Supporting Member
You victim of Covid
Unless you're victim suicide first.
Which is far more likely than me being shot by a gang member.
"You victim of Covid"
What country did you immigrate to Cali from?
Never be any suicide here.......
Negative, be sure and leave the public library before dark
 

Boca

Governor
So good job BLS, for keeping an eye on this website which tends to point out what data makes no sense and you revising it appropriately. Only... maybe not. Because despite the massive revisions, what the BLS forgot to fix was the distribution between full time and part-time workers. And that's a whoppsie, because as shown in the chart below...



... the number of full-time workers in March 2022 was 132.587 million. Fast forward to January 2023 when it was 132.577: that's right: total US full-time workers declined by 10K over a period of 10 months. Meanwhile, part-time workers soared from 25.908 million to 27.400 million, an increase of 1.492 million!



So at least we know where the bulk of the increase in US labor came from in the past year: virtually no full-time jobs, and all part-time.

Ok, fine, but what about the January surge in Payrolls? Well, recall what we said last night: in our preview of today's payrolls we warned "It's not the January payrolls report. It's the January seasonal adjustment report. Lat year it was 2.9 million"...

... and that today's number would be entire a function of the seasonal adjustment.

Guess what: it was. Because, while theadjusted payrolls print was an increase of 517K, the unadjusted was (oops) -2.5 million!

This is what Bloomberg chief economist Anna Wong put it: "The January jobs report showed extremely robust growth, higher than the highest estimate in the Bloomberg survey. If it seems too good to be true, that’s because it is too good to be true — the gain is mostly due to seasonal factors and revisions to past data. The Fed likely won’t place too much weight on this report in formulating policy."

Readers knew this of course: in our NFP preview last night we quoted Goldman who said that "the January seasonal factors have evolved favorably in recent years, with a month-over-month hurdle for private payrolls of -2,829k in January 2022 compared to -2,695k on average in 2017-19 (see Exhibit 3). We believe
the BLS seasonal factors are overfitting to the Omicron-related payroll deceleration in January 2022 (+500k mom sa, vs. +609k on average in 4Q21 and +714k in February 2022)."

This is how Goldman showed the seasonal "hurdle" (i.e., [Unwelcome language removed] factor) going into the January print...



... and the the final adjustment factor: +517K seasonally adjusted number vs -2.505 million unadjusted, which brings us to a record 3+ million seasonal adjustment factor.

And that, dear readers, is how you convert a 2.5 million plunge in jobs into a 517K, market blow-out 9-sigma payrolls beat, which moments ago allowed Biden to brag on TV just how strong his economy truly is...



If the government says it, it just has got to be true...am I right?
Love it......facts over fables.......how embarrassing it must be.
 
Last edited:

Raoul_Luke

I feel a bit lightheaded. Maybe you should drive.
Love it......facts over fables
Yeah the actual data means nothing to the left...only the (pro-democrat) spin. What you say we lost a half million actual jobs and they papered it over with a three million job "seasonal adjustment" producing a half million job gain? Nothing to see here, move along...medals for everyone!
 

TBLee

Governor
Yes.

But, do you believe responsibilities come with those right ?
Absolutely. You are within your right to get all the boosters you want, you also have the right to wear a mask. I have the right to make my decision to do so as well. See how that works. I am responsible for what I do, you are responsible for what you do.
 

TBLee

Governor
More Republican votes come out of California than any other state.
We are loaded with right wing antivaxxer morons.
Or at least we "were" filled with them.
I suppose those stats shows why the state became even bluer after Covid started.
Yeah…only republican’s have made the choice not to get the boosters and not to wear masks. Silly Spam.
 

Dawg

President
Supporting Member
More Republican votes come out of California than any other state.
We are loaded with right wing antivaxxer morons.
Or at least we "were" filled with them.
I suppose those stats shows why the state became even bluer after Covid started.
It's bluer because Uhaul trucks are headed East in what is called a CONVOY
 
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