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ananda

(32,079 posts)
15. Agree.
Fri Jun 6, 2025, 12:12 PM
Friday

I think unemployment is up and the economy is struggling.

A good example is the company my sister manages in Dallas..
The owners are having trouble filling menial jobs that immigrants
used to take.

ICE agents are everywhere. And people with professional degrees,
who have lost jobs, are interviewing for the menials.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Project 2025 is ahead of schedule. gab13by13 Friday #1
May employment report wasn't as bad as anticipated eallen Friday #2
I think Rebl2 Friday #4
Maybe. But the economy continues to be resilient. Self Esteem Friday #5
I've seen Rebl2 Friday #21
That's more confirmational bias. Self Esteem Monday #24
Damned if I know; pay no attention. Ocelot II Friday #3
Curious as to whether layoffs have made processing unemployment numbers wonky so that the data is not reliable JT45242 Friday #6
NO. First of all, unemployment claims have zero impact on the unemployment rate and jobs numbers. Wiz Imp Friday #12
Oh. And the report on the CPI/inflation data was NOT an example of manipulation. Wiz Imp Friday #13
Thanks -- i did not know how the data was collected and compiled for this unlike the CPI JT45242 Friday #16
What is your point? Kingofalldems Friday #7
No point, just curious...... a kennedy Friday #8
This is good news. We should be rooting for a strong economy no matter who is in charge. It's in our beaglelover Friday #9
I made Greg_In_SF Friday #23
This Polybius Monday #25
Good. Xavier Breath Friday #10
Most things aren't linear and the market is irrational EdmondDantes_ Friday #11
This is a set up.. Lovie777 Friday #14
Agree. ananda Friday #15
Churning. Traders don't make money unless the prices move. Midnight Writer Friday #17
Better than expected jobs report. nt. andym Friday #18
The federal employees laid off-- thousands-- are probably still getting paid. viva la Friday #20
Because the "Market" is only tangentially connected to the regular economy. haele Friday #19
because powerful people WANT it to go up. WarGamer Friday #22
Something about Trump and Xi discussing tariffs, I think Walleye Monday #26
I still think the market is overpriced. Scruffy1 Monday #27
CNN fear and greed index dropped to 3 on 4/8 ... cliffside Monday #29
buy low... sweetapogee Tuesday #30
Whether the markets go up 500 points or down 500 points ... Tarzanrock Monday #28
Latest Discussions»General Discussion»and why is the DOW up ove...»Reply #15