So we’ve got fake numbers, the numbers are actually bad and should be better, charts and graphs, sandwich shops and joobs. Got it.
I respect that you guys recognize how important consumer confidence is and your willingness to lie to try and keep it low. I don’t respect that you’ll gladly harm the country and the workers to do it though.
Where I work we had our best year ever last year and this year is off to a better start. Anecdotal evidence is valuable, just ask the guy that makes your foot longs.
Dude … you really don’t get it
Understand how the metrics are calculated and defined
For the unemployment rate to increase given the job growth, the only way for that to happen is for the growth of people re-entering the job market to outpace the actual job growth
Additionally, all of these numbers are subject to revisions in the coming months and we’ll see how the adjustments work out … COVID has increased the volatility of those adjustments
Congrats to your company but you’re comments aren’t defining what success looks like. If you talk to people that are tied into hiring activity they would tell you that it’s a really tight supply market … but what would I know
Finally, since you brought up consumer confidence, it’s one of the more important leading indicators for me. It’s important to note a couple of things IMO:
1) There appears to be a strong correlation between confidence and perception of the COVID outlook
2) Despite recent upticks at the end of 2021 levels are still lower than pre-COVID levels
3) Killers of confidence tend to occur during periods of inflation and recessions … the inflationary concerns are real and will become more pronounced as the effects stretch out throughout the year