[W:1581] US hiring sharply misses expectations in April with just 266,000 new jobs added

[Conservative]

US hiring sharply misses expectations in April with just 266,000 new jobs added

The U.S. economy added 266,000 jobs in April, sharply missing economists' expectations.

www.foxbusiness.com

An expected U.S. hiring boom crashed into a wall in April, with employers adding a measly 266,000 new jobs – sharply missing Wall Street's expectations – amid a growing shortage of available workers.

The unemployment rate unexpectedly rose to 6.1% — while it's still well below the April 2020 peak of 14.7%, it's about twice the pre-crisis level, the Labor Department said in its monthly payroll report, released Friday morning. Economists surveyed by Refinitiv expected the report to show that unemployment fell to 5.8% and the economy added 978,000 jobs.

I will also remind people that until we get to 159 million employed Biden job performance and economic policies will be failures. That 159 million are actually employed taxpayers and we are still 8 million short of that number with a job increase only being people returning to jobs not creating new ones. Economic policies create jobs Covid19 shutdown the economy costing job losses. No person can benefit from economic policies if not allowed to go back to work

 

[STUT]

I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)

 

[Conservative]

I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)

Exactly correct, liberalism destroys incentive as there isn't really any incentive to go back to work when you can be paid to stay at home. It is this entitlement mentality that has been created by the left that will remain an issue until policies are changed and some tough love instituted

 

[Aunt Antifa]

I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)

Which businesses? A pizza place? Why should a person who is a middle class worker take that job?

 

[Aunt Antifa]

US hiring sharply misses expectations in April with just 266,000 new jobs added

The U.S. economy added 266,000 jobs in April, sharply missing economists' expectations.

www.foxbusiness.com

I will also remind people that until we get to 159 million employed Biden job performance and economic policies will be failures. That 159 million are actually employed taxpayers and we are still 8 million short of that number with a job increase only being people returning to jobs not creating new ones. Economic policies create jobs Covid19 shutdown the economy costing job losses. No person can benefit from economic policies if not allowed to go back to work

Who isn’t allowed to go back to work? Where?

 

[noonereal]

I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)

It's not unemployment benefits that is stopping people from going back to work, it is Covid.

Who in their right mind would take a job working with the public under the current conditions?

If business would insist that all their employees be vaccinated and they require their patrons to be vaccinated to enter, we would not have a problem filling jobs.

 

[noonereal]

Which businesses? A pizza place? Why should a person who is a middle class worker take that job?

so that the government can subsidize them with welfare programs like we do Walmart workers.

 

[Aunt Antifa]

Exactly correct, liberalism destroys incentive as there isn't really any incentive to go back to work when you can be paid to stay at home. It is this entitlement mentality that has been created by the left that will remain an issue until policies are changed and some tough love instituted

How come “tough love” can’t just be “Pay your workers more?” Why should living in this country be a hazing ritual?

 

[STUT]

Exactly correct, liberalism destroys incentive as there isn't really any incentive to go back to work when you can be paid to stay at home. It is this entitlement mentality that has been created by the left that will remain an issue until policies are changed and some tough love instituted

Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance

 

[Aunt Antifa]

so that the government can subsidize them with welfare programs like we do Walmart workers.

I mean, do conservatives even understand their own theories anymore? If your job market can’t compete with a LIMITED TIME UI due to a plague, maybe the problem isn’t that folks don’t want to run back to subsistence wages again? And what kind of shithole do they live in that extra UI makes them sit home?

PS: Every time conservatives talk about how much the left hates this country, I’m reminded of threads like these were conservatives do nothing but insist Americans are lazy and don’t want to work. Horseshit.

 

[noonereal]

Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance

I know I do not want to sit in a business meeting for two hours wondering who was vaccinated and who wasn't.

 

[noonereal]

conservatives do nothing but insist Americans are lazy and don’t want to work. Horseshit.

most times the folks who insist like this inherited a family business or home. They have it cushy but believe they "work hard" and that others are bums. I have seen this my whole life.

 

[swing_voter]

Where was OP when the economy was thriving for the last 3 months.

Now that the economy takes a breather, he's making it sound like the end of the world.


.

 

[STUT]

Which businesses? A pizza place? Why should a person who is a middle class worker take that job?

It was just an example. The other example I gave speaks to itself. Believe it or not, where Im from, a RV factory job is more than enough to support a middle class lifestyle. And the factories are in desperate need for more workers. From personal experience, my family's business set up a program to relocate and house people from Chicago just to fulfill hiring demands. Again, I know that this isnt exactly a universal situation, but the fact remains that hiring demand is high

 

[gbg3]

Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance

Yes, FAR more targeted IMO.

 

[trouble13]

I see this a bit differently than most people.

What these benefits have done have created an artifical demand for a $20 per hr minimum wage.

Now its up to the market to respond by either increasing wages, automating systems, or reducing services.

 

[sanman]

Stagflation

 

[Conservative]

Its a problem for sure, and not one that I will try and excuse. The expanded benefits should have been more targeted. However, this isnt a "liberalism" issue...Im sure there are plenty of people who want to go back to work that can't and are in desperate need of assistance

The question is what is the description of desperate need of assistance. If people worked and were laid off they remain marketable for a set period time. There are jobs out there for these people but they have to apply

 

[Clownonthewing]

most times the folks who insist like this inherited a family business or home. They have it cushy but believe they "work hard" and that others are bums. I have seen this my whole life.

My brother is this to a T. Inherited my fathers business after a decade of being an unreliable employee and now he has a disdain for lazy poor people.

 

[Conservative]

Where was OP when the economy was thriving for the last 3 months.

Now that the economy takes a breather, he's making it sound like the end of the world.


.

Thriving??? Define thriving? You don't seem to get it, a returning job isn't a thriving economy, it is an improving one. A returning job isn't a new job created either thus not a new taxpayer. You seem desperate to praise Biden but the results don't support that praise. Governors reopening their states is going to impact economic activity not create new growth or new activity. The target is 159 million jobs and 600 billion dollars in GDP Consumer spending/consumption for those are what Trump created before the Covid19 shutdown

 

[noonereal]

My brother is this to a T. Inherited my fathers business after a decade of being an unreliable employee and now he has a disdain for lazy poor people.

I am telling you, I have seen it countless times in my life.
And I guarantee he thinks he "worked hard" and did it "his way."

another one is guys who I grew up with who failed in the workplace after school, joined the military, where they were taken care of like helpless puppies, and now ride motorcycles every weekend with Trump flags screaming of the virtues of capitalism. So ironic.

 

[Aunt Antifa]

It was just an example. The other example I gave speaks to itself. Believe it or not, where Im from, a RV factory job is more than enough to support a middle class lifestyle. And the factories are in desperate need for more workers. From personal experience, my family's business set up a program to relocate and house people from Chicago just to fulfill hiring demands. Again, I know that this isnt exactly a universal situation, but the fact remains that hiring demand is high

Apparently not.

 

[SCrider]

I dont know how much of an effect the expanded un-employment benefits is having on people going back to work, but I suspect that its having a larger than expected effect. At least in my area, and my hometown, businesses are hurting due to a lack of employees...they're practically begging people to come work for them. The other day, I saw an advert for a pizza place that was offering a $500 sign on bonus. A pizza place. In the more industrial parts of Indiana, where RVs are manufactured, a lot of factories are offering $5K sign on bonuses...so its not a lack of jobs, but a lack of people willing to go back to work (at least from my experiences, Im sure its not ubiquitous)

 

[Aunt Antifa]

most times the folks who insist like this inherited a family business or home. They have it cushy but believe they "work hard" and that others are bums. I have seen this my whole life.

Close family friend, yeeeaaars ago, moved out to AZ with his wife and young kid. Why? A job, of course. He told everyone he’d only be earning 24k, but with enough hard work he knew he’d be fine. Sounded risky but hey, why not.

We came to find out the job was with his uncle’s company, and the company would be paying his rent for a year until his “training” to take over the GM job was complete.

Bootstraps!

 

[Aunt Antifa]

View attachment 67332248

How do such free market types not understand this?