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I can't imagine this wasn't taken into account. You don't send vehicles into a war without expecting to lose some of them.M1 Abrams tanks being trophy pieces in Moscow wasn't on the cards.
I can't imagine this wasn't taken into account. You don't send vehicles into a war without expecting to lose some of them.
Ahead of today's payrolls report, in our preview we said that while we knew we would get a slowdown, the question was how big it would be (and before that we also asked if Yellen had leaked the weaker number to Japan ahead of their multiple interventions this week to prevent them from wasting tens of billions in intervention dry capital for nothing).
We got the answer moments ago when the BLS reported that in April the US added just 175K jobs, a nearly 50% drop from the upward revised 315K (was 303K), the lowest print since October 2023 and a two-sigma miss to estimates of 240K.
In fact, this was the biggest miss since Dec 2021
As usual, prior data was net revised lower, with the change in total nonfarm payroll employment for February revised down by 34,000, from +270,000 to +236,000, and the change for March was revised up by 12,000, from +303,000 to +315,000. With these revisions, employment in February and March combined is 22,000 lower than previously reported.
What was behind the unexpected payrolls plunge? Blame government, which added just 8,000 jobs in April the least since Dec 2021, almost as if the government itself was goalseeking the final result.
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Looking at the composition of the April job gains, the BLS notes that job gains occurred in health care, in
social assistance, and in transportation and warehousing, offset by a big slowdown in government hiring.
- Health care added 56,000 jobs in April, in line with the average monthly gain of 63,000 over the prior 12 months. In April, employment continued to increase in ambulatory health care services (+33,000), hospitals (+14,000), and nursing and residential care facilities (+9,000).
- Employment in social assistance increased by 31,000 in April, led by a gain in individual and family services (+23,000). Social assistance had added an average of 21,000 jobs per month over the prior 12 months.
- In April, transportation and warehousing added 22,000 jobs, with gains in couriers and messengers (+8,000) and warehousing and storage (+8,000). Over the prior 12 months, employment in transportation and warehousing had shown little net change.
- Employment in retail trade continued to trend up in April (+20,000). Over the prior 12 months, the industry had added an average of 7,000 jobs per month. In April, employment increased in general merchandise retailers (+10,000), building material and garden equipment and supplies dealers (+7,000), and health and personal care retailers (+5,000). Electronics and appliance retailers lost 3,000 jobs.
- Construction employment changed little in April (+9,000), following an increase of 40,000 in March. Over the prior 12 months, construction had added an average of 22,000 jobs per month.
- Employment in government changed little in April (+8,000). Over the prior 12 months, government had added an average of 55,000 jobs per month. In April, local government employment was unchanged, following an increase of 51,000 in March.
So the DOJ is going to indict every Congressman who has received money from AIPAC next then? Right?Cocksucker Garland's DOJ is planning on indicting Rep. Henry Cuellar, one of the only non-insane Democrats in Congress, over "ties to Azerbaijan".
"S-see!? We also go after Democrats! We're totally not using the law to purge dissidents from our ranks!"
Don't be silly. They're serving their true masters there.So the DOJ is going to indict every Congressman who has received money from AIPAC next then? Right?
heh....Biden’s SS guards
"heil" can mean heal, author probably punched it into google translate and thought it was clever.I don't get it.
Anyone who willingly sells their soul to turkroaches deserves to get fucked.Cocksucker Garland's DOJ is planning on indicting Rep. Henry Cuellar, one of the only non-insane Democrats in Congress, over "ties to Azerbaijan".
Beyond tone deaf, and even Hamill, one of the most hardcore TDS-having Biden apologists on twitter, had to get obviously drunk to put up with doing it.
Didn't think he'd go that far.
I like the Dr Strangelove glasses, myselfBeyond tone deaf, and even Hamill, one of the most hardcore TDS-having Biden apologists on twitter, had to get obviously drunk to put up with doing it.
As Ted Cruz showed, the GOP doesn't consider them christians. cruz left a middle eastern christian conference because they wouldn't pledge to stand with Israel.Why would the GOP bash Obama for this? Destroying ancient Christian communities is something they support.
For a moment, I thought the plot had been so lost that SNL was doing skits mocking Biden press briefings.
Didn't think he'd go that far.
Trump's a celebrity, therefore WE should have celebrities preaching endorsing OUR DEMOCRACYFor a moment, I thought the plot had been so lost that SNL was doing skits mocking Biden press briefings.
Rainbows, I know, but that's Poe's Law for ya.
There is only one reasonable response to this:
Didn't think he'd go that far.
Cruz went after Uganda for trying to stop buttsex normalization.As Ted Cruz showed, the GOP doesn't consider them christians. cruz left a middle eastern christian conference because they wouldn't pledge to stand with Israel.
this is just reversion to the mean.A Dem giving a shit about a bill against free speech? I must be on some good shit.
It is simply proof that the left has lost the culture wars. Their entire "trust the science" religion of rationality cult has fallen flat with the public. Most people aren't empty-minded machines accepting whatever input the government tells them, they are simply not sharing their actual opinions. They just nod and listen and continue to think whatever they want. The left critically failed to understand that beliefs don't go away by silencing them. People just stop telegraphing their thoughts and beliefs. Now the left fundamentally does not understand their enemy anymore.Showerthought: A month or two ago "Christ is King" trended on twitter and the left freaked the FUCK out because Christianity is supposed to be dead due to being totes destroyed by facts and logic, bro. It's not related, surely, but the fact that now they're basically slipping "it's illegal to preach Christianity" into laws as a wedge is interesting.