The fools at CNBC write the dumbest headlines about jobs

"Strong job growth is back: Payrolls jump in June well above expectations"

The Civilian Employment Level is cyclical. It routinely bottoms in January and peaks in the summer with the cycle of seasonal part-time and full-time, the latter peaking in the summer months when millions of new graduates from high school and college get their first jobs.

So it is completely natural to have higher expectations for good jobs numbers in the summer, especially after four months of poorer performance than 224,000 Total Nonfarm Payrolls.

But if we were really having a jobs boom, "strong job growth", it would look like this, not like Trump's record so far with just two months out of thirty above 300,000:

Nine years after bottoming at 47% of population, full-time jobs still run millions behind

In the first half of 2019, full-time has recovered to 50% of population, still well below the previous average cycle high of 51.1%.

In the past full-time has recovered to 50% of population and above after just four years. We are in the ninth year and could easily have 2.7 million more working full-time in the first half of 2019 than we do presently at 50%.

It would take an extra 100,000 full-time jobs a month for another two-plus years straight to make up that difference, which just shows how pathetic it is that people routinely consider current job additions just north of 200,000 a month "strong".

Meanwhile population growth marches on, but those people are not being put to work.

Why continue to import immigrants then?

Why?

Our country is INSANE, doing the same thing over and over again expecting different results.

Hourly earnings for 80% of workers up a good 3.4% in H1 2019, but even Bush 43 had better than that for three straight years 2006-08

Record 95.861 million not-in-labor-force in H1 2019

Libertarianism kills: Boeing outsourced 737 Max software to $9/hour programmers from India to save money

Boeing’s 737 Max Software Outsourced to $9-an-Hour Engineers:

It remains the mystery at the heart of Boeing Co.’s 737 Max crisis: how a company renowned for meticulous design made seemingly basic software mistakes leading to a pair of deadly crashes. Longtime Boeing engineers say the effort was complicated by a push to outsource work to lower-paid contractors.

The Max software -- plagued by issues that could keep the planes grounded months longer after U.S. regulators this week revealed a new flaw -- was developed at a time Boeing was laying off experienced engineers and pressing suppliers to cut costs.

Increasingly, the iconic American planemaker and its subcontractors have relied on temporary workers making as little as $9 an hour to develop and test software, often from countries lacking a deep background in aerospace -- notably India. ...

“Boeing was doing all kinds of things, everything you can imagine, to reduce cost, including moving work from Puget Sound, because we’d become very expensive here,” said Rick Ludtke, a former Boeing flight controls engineer laid off in 2017. “All that’s very understandable if you think of it from a business perspective. Slowly over time it appears that’s eroded the ability for Puget Sound designers to design.”

Rabin, the former software engineer, recalled one manager saying at an all-hands meeting that Boeing didn’t need senior engineers because its products were mature. “I was shocked that in a room full of a couple hundred mostly senior engineers we were being told that we weren’t needed,” said Rabin, who was laid off in 2015.

Uh oh, speaking of stocks

What to show the person who thinks the stock market is the economy

"There is no need for anyone to think that's unacceptable"

-

-

Scenes from Bush 41's fascist military takeover of Washington DC in June 1991

Gulf War 1991 National Victory Celebration

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

 

LOL: Mitch McConnell trolls the Kaepernickers

ICYMI Democrat Eric Swalwell is a complete moron

Who posts a poll like this showing yourself to be completely out of step with the voters on your signature issue? Have you no peeps, man?

This ding dong is tied for 20th in the Democrat race for president, for crying out loud.

 

Kamala Harris tripled down on mandatory busing against Joe Biden, now backs down

Now it's just an option.

On July 4th, 2019 MI-3 is finally free, Justin Amash leaves the GOP

Justin Amash is so partisan he is literally a party of one.

So did Abraham Lincoln

The US representatives for sex fiend Bill Clinton and the garish hat industry, both from Florida, want us thrown in jail for mocking them

Come and get me you dried up ugly frauds.

Tanks a lot (could be solved by)

Grand Rapids, Michigan, Climate Update for June 2019

Grand Rapids, Michigan, Climate Update for June 2019:

Max temp 89, Mean Max 91

Min temp 40, Mean Min 43

Av temp 66.8, Mean 67.6 (the last week of June erased all but 0.8 degrees of the June deficit)

Precip 4.36, Mean 3.55

Precip to date 22.93 inches, Mean 16.65 inches (Annual Mean 34.60)

Snow season officially ended 81.3 inches, Mean 66.8 inches (26th snowiest on record)

Heating degree days season officially ended 6722, Mean 6705 (utterly normal)

Cooling degree days season to date 117, Mean to date 184 (36% cooler to date than normal)

Like much of the country, we've been soggy:

Welcome to the 30th anniversary of the failed prediction of nations wiped from the face of the earth by global warming

Trip Advisor says I can book a round trip ticket to the Maldives today for $5,602, nineteen years after it was supposed to be underwater with no place left to land.

Trend for Oceanic Nino Index continues to show disappearance of slight Pacific Ocean warming anomaly since 1951

Kamala Harris triples down on support for busing: Everything old and bad is new and bad again if Harris is elected