November Jobs Report Thread
There is both good news and bad news buried in the report.
Most often, too much attention is paid to the headline month on month numbers.
1)
As @R_Perli highlighted, if the LFPR does not increase back to pre-COVID levels, we're going to struggle with weaker trend potential growth.
https://t.co/zw7fCZ2gfY
The worst part of the employment report is the stall in the labor force participation rate (-0.2% today and about 2% lower than pre-#COVID19).
— Roberto Perli (@R_Perli) December 4, 2020
The longer participation stays depressed, the harder it will be to bring those workers back, and the lower potential growth will be. pic.twitter.com/7u966oxBME
This is a structural issue and not totally related to demographics either.
https://t.co/Lxn4g7VyLh
The first year after a recession the snap back is pretty strong vs the decline. Macro tourists get excited and confuse it with a new paradigm. It\u2019s not. After the first year the economy changes gears and settles into its structural growth trend, people confuse that shift too
— GreekFire23 (@GreekFire23) December 4, 2020
We have a growth upturn at the moment so we can ignore the LT trend, but only temporarily.
End.
More from Economy
It’s another company-saving a £50 million PPE contract shaggy dog story
Connections, connections
The *staggering* tale of a Tory Peer and a \xa350m PPE contract. https://t.co/SH2qxOmfQ4
— Jo Maugham (@JolyonMaugham) December 10, 2020
What a start to the story
“A bulletproof truck trundled down the road in downtown Lima, guarded by 18 policeman
They were wearing body armour & wielding high velocity rifles
No-one was taking any chances
This was a Special delivery for Peruvian Prosecutor for an anti drug trial
That was in 2011, the same year that Lord Chadlington’s daughter got married in Chadlington to Henry Allsopp.
Who was there?
Yes Kirstie Allsopp of Location, location, location and all this Covid nonsense fame) is his sister
Camilla, his Godmother
Jeremy Hunt
Cameron
Well. Come on. Lord Chadlington had been chair of the local Witney Conservative Association. It’s only fair.
Hang on. Julian Wheatland, Director of SCL Group/ Cambridge Analytica had also been chair of Witney Conservative Association...and campaigned for his mate Cameron
Are we sure Julian Wheatland and his side kick Alexander Nix were not there too @JolyonMaugham ?
I mean. They move in the same North Oxford circles.
(Article Thread)
All in one convenient location to access.
https://t.co/TuyltZTyW0
True State of the Nation
— Secret SoSHHiety (@SouledOutWorld) December 19, 2020
You think you know what's coming... but you don't...https://t.co/MVoIuxgaWX pic.twitter.com/DtF2Q53HrT
https://t.co/XJJRvpLRQE
Truth About Antarctica
— Secret SoSHHiety (@SouledOutWorld) December 19, 2020
Why? Scalar EM Antennas are kept at Antarctica; Scalar EM weaponry is the anonymous weapon to be used by the White Horse of Rev 6.https://t.co/7CDzmQfLSX pic.twitter.com/0400oCN8io
https://t.co/NeeFCfMkP2
The Finger (fuck you/fuck the world)
— Secret SoSHHiety (@SouledOutWorld) December 18, 2020
The middle finger is the Saturn finger.https://t.co/BsrsBE3f5h pic.twitter.com/ZJqZll8lU1
https://t.co/yFtbIgqzzm
Bread and Circuses
— Secret SoSHHiety (@SouledOutWorld) December 18, 2020
Bring in the clowns & the fast food...https://t.co/SZAlfkqTI3 pic.twitter.com/gLys0mNMIq