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#payrolls — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #payrolls, aggregated by home.social.

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  1. The #JobMarket Is Hell
    People are using ChatGPT to write applications; #HR is using #AI to read them; no one is getting #hired.
    Profits are strong, jobless rate is 4.3%, and wages are climbing. But #payrolls have been essentially frozen for past 4mo. #Hiring rate has declined to its lowest point since recovery following Great Recession. Four years ago, employers were adding 4-5 workers for every 100 they had on the books, month in and month out. Now they are adding three.
    theatlantic.com/ideas/archive/

  2. #BureauofLaborStatistics revised nonfarm #payrolls downward by 911,000 jobs from March 2024-March 2025 in largest revision since records began in 2002. Revision suggests average monthly job growth was 76,000 lower than initially reported indicating a weaker #labor market than previously thought. WH criticized #BLS for its data collection methods called for new leadership to restore trust in BLS, while #economists say the revision could prompt the #FederalReserve to consider #interestrate cuts.

  3. The #USGov Bureau of #Labor Statistics (#BLS) just issued a historic revision, cutting close to a million jobs from US #payrolls denoted this year through only March 2025 — the steepest downgrade in more than two decades.

    How will #DJT #BS his way through that...fire the statisticians again?

    finance.yahoo.com/news/stagfla

  4. Data war risks creating false calm
    "BLS #payrolls #data .. has been under scrutiny for years, not because of fears of bias, but because of low #survey #response rates & delays, which hv often resulted in large changes to past data. Te most recent report contained one of te biggest downward #revisions in decades.. What's more, similar questns abt #datacollection hv been lobbed at te #BLS regard'g its compilation of #monthly #consumer & #producer #price reports" #integrity
    bangkokpost.com/opinion/opinio

  5. Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday - Bitcoin was once again trading below $28,000, as markets consolidated ahead of Fri... - news.bitcoin.com/bitcoin-ether #payrollsreport #marketupdates #cryptomarkets #analysis #ethereum #payrolls #bitcoin #markets #btc #eth

  6. November nonfarm #payrolls rose by 263,000 following a revised 284,000 increase in October (from 261,000).

    Nonfarm private payrolls increased by 221,000 following a revised 248,000 increase in October (from 233,000).

    Average hourly earnings were up 0.6% versus a prior revised 0.5% increase (from 0.4%).

    The #UnemploymentRate rate was unchanged at 3.7%. The average workweek fell to 34.4 from 34.5 in October.