Huge job numbers, unemployment at 6% and they want more trillions

[S2007S]

Yesterday ISM numbers were the biggest in nearly 40 years!!!!!! Today unemployment rates continue to drop as the economy reopens

Better be careful what they wish for, unemployment
Rate now at 6%.....absolutely zero reasons for more stimulus and free handouts.....markets are on a complete fu*king high right now.

Job growth booms in March at highest level since August
PUBLISHED FRI, APR 2 20218:30 AM EDTUPDATED FRI, APR 2 20218:35 AM EDT


Job growth boomed in March at the fastest pace since last summer as stronger economic growth and an aggressive vaccination effort pushed companies to step up hiring, the Labor Department reported Friday.

Nonfarm payrolls increased by 916,000 for the month while the unemployment rate fell to 6%.




https://www.cnbc.com/2021/04/02/us-jobs-report-march-2021.html

 

[S2007S]

Absolutely no need for any more stimulus. If anything its now time to start hiking rates and eliminate the free trillions the fed is printing.

• Nonfarm payrolls rose by 916,000 in March, while the unemployment rate declined to 6%.
• The job growth was well ahead of Dow Jones estimates for 675,000 and the fastest since August 2020.
• Gains were strongest in leisure and hospitality, while construction soared by 110,000.

 

[Overnight]

Absolutely no need for any more stimulus. If anything its now time to start hiking rates and eliminate the free trillions the fed is printing.

• Nonfarm payrolls rose by 916,000 in March, while the unemployment rate declined to 6%.
• The job growth was well ahead of Dow Jones estimates for 675,000 and the fastest since August 2020.
• Gains were strongest in leisure and hospitality, while construction soared by 110,000.

You have to figure that one of the reasons small companies are able to hire again is BECAUSE of the stimmy money, through the PPP and other small business breaks they received from the stim package.

We are absolutely, far and away, nowhere NEAR a normal economy pre-pandemic, because masks and lack of vaccine access for under 55+.

Here in MA, we still have three weeks to go before under 55 YO can get a shot. The economy here will not be back to pre-pan levels until well into 2022.

 

[BAT31]

A decrease in the unemployment rate could mean that more people found jobs since the previous report, or it could also mean that people have stopped looking for work, because businesses aren't hiring. If it's the latter, then they need "free handouts," for which they paid for through taxes.

 

[Saltynuts]

Absolutely no need for any more stimulus. If anything its now time to start hiking rates and eliminate the free trillions the fed is printing.

• Nonfarm payrolls rose by 916,000 in March, while the unemployment rate declined to 6%.
• The job growth was well ahead of Dow Jones estimates for 675,000 and the fastest since August 2020.
• Gains were strongest in leisure and hospitality, while construction soared by 110,000.

100% correct, but also 100% not going to happen, unfortunately.

 

[newwurldmn]

You have to figure that one of the reasons small companies are able to hire again is BECAUSE of the stimmy money, through the PPP and other small business breaks they received from the stim package.

We are absolutely, far and away, nowhere NEAR a normal economy pre-pandemic, because masks and lack of vaccine access for under 55+.

Here in MA, we still have three weeks to go before under 55 YO can get a shot. The economy here will not be back to pre-pan levels until well into 2022.

i know people in their forties getting vaccinated in MA.

 

[newwurldmn]

You have to figure that one of the reasons small companies are able to hire again is BECAUSE of the stimmy money, through the PPP and other small business breaks they received from the stim package.

We are absolutely, far and away, nowhere NEAR a normal economy pre-pandemic, because masks and lack of vaccine access for under 55+.

Here in MA, we still have three weeks to go before under 55 YO can get a shot. The economy here will not be back to pre-pan levels until well into 2022.

we would be at full employment right without the handouts and with the economy not fully opened up

 

[S2007S]

You have to figure that one of the reasons small companies are able to hire again is BECAUSE of the stimmy money, through the PPP and other small business breaks they received from the stim package.

We are absolutely, far and away, nowhere NEAR a normal economy pre-pandemic, because masks and lack of vaccine access for under 55+.

Here in MA, we still have three weeks to go before under 55 YO can get a shot. The economy here will not be back to pre-pan levels until well into 2022.

In the weeks to come everyone under 55 will have opportunities at the vaccines. Even if the economy isn't back to pre pandemic levels until 2022 or even 2023 and 2024 it doesn't matter....the hype is that it will be nothing but a continuous hype of the reopening of the economy. Thats what the case is for an ever extended and long lasting bull market for decades to come.

I mentioned many times that 99.99% of the time no matter what the circumstances each and every time I hear a prediction on wallstreet about the future of the economy it is literally positive, anything forward looking to economists is always and will be positive. And even if they make an inkling of a negative comment it is always followed by a bright, sunny blue sky rainbowlicuois positive upbeat prediction!!!

 

[S2007S]

You have to figure that one of the reasons small companies are able to hire again is BECAUSE of the stimmy money, through the PPP and other small business breaks they received from the stim package.

We are absolutely, far and away, nowhere NEAR a normal economy pre-pandemic, because masks and lack of vaccine access for under 55+.

Here in MA, we still have three weeks to go before under 55 YO can get a shot. The economy here will not be back to pre-pan levels until well into 2022.

Aside from how far the economy is from the pre pandemic days, wallstreet doesn't give a fu$$$$kkkkkk

Wallstreet only worried for about 3 weeks maybe 3 weeks and a 7 hours and then absolutely NOOOOOO Fuckkks were given thereafter!!!!!!!!

 

[noddyboy]

In the weeks to come everyone under 55 will have opportunities at the vaccines. Even if the economy isn't back to pre pandemic levels until 2022 or even 2023 and 2024 it doesn't matter....the hype is that it will be nothing but a continuous hype of the reopening of the economy. Thats what the case is for an ever extended and long lasting bull market for decades to come.

I mentioned many times that 99.99% of the time no matter what the circumstances each and every time I hear a prediction on wallstreet about the future of the economy it is literally positive, anything forward looking to economists is always and will be positive. And even if they make an inkling of a negative comment it is always followed by a bright, sunny blue sky rainbowlicuois positive upbeat prediction!!!

It must be fun inside your head to make accurate predictions of 99.99% and yet not making money by going long.