OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

From ZH re: job report

Posted by Richard640 @ 21:34 on August 2, 2018  
I have no idea who these entities “survey”, but no one I know is hiring except at minimal wages.
These stats are always all about surveying favoured “big companies” anyway…while most of us work (IF we work!) in small businesses…
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15 years ago- when the population was 20% smaller- the govt said that the US needed to add 300K/month to keep up w/population growth- now 215K added is good #?

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If employment is so good and the labour market is so tight then why is the labour participation rate at 62.9%?

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It will soon be at 0%, with 100 million US citizens completely out of the labor force, 78 million working gigs and 42 million on food stamps since they only work part time.

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Yup, completely ignored.
All perception no reality in this cotton candy confection.
Ignore no Gold Standard, ignore Trillion$ in debt, ignore the homeless.
Everything is Awesome!  Just keep telling yourself that, and stocking P.M.’s, etc.
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https://www.zerohedge.com/news/2018-08-02/july-nonfarm-payrolls-preview-all-eyes-wages

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.