The following chart shows the quarterly average of the number of employees at food services and drinking places plus the number of employees at food and beverage stores all divided by the civilian noninstitutional population.
Click to enlarge.
Who needs labor market stability? Behold the blog's first klaxon trend channel failure! It's nothing but upside surprises from here no doubt.
This is fantastic news for those who believed that we could actually eat our way back to prosperity yet again! Mission f@#$ing accomplished! Woohoo!
Source Data:
St. Louis Fed: Custom Chart
Fed Q3 SLOOS Survey: Banks reported Mostly Tighter Standards and Weaker
Demand for All Loan Types
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From the Federal Reserve: The October 2024 Senior Loan Officer Opinion
Survey on Bank Lending Practices
The October 2024 Senior Loan Officer Opinion Survey...
4 hours ago
12 comments:
See, ObamaCare creates jobs - unfortunately they are all 25 hour a week jobs.
Klaxon! Klaxoff! The Klaxer!
As seen on TV
The perfect companion to the clown horn. I think each Fed chairman is issued both clown horn and klaxon when they begin their term. One for the good times, one for the bad.
Anonymous,
Itron creates jobs!
Let's start with the concept of borrowing money we don't have to fund programs which will eventually eliminate up to 47,000 jobs long-term. Surely that will help our economy. Right?
Mr Slippery,
Yes!
And they are also issued two types of vehicles! One's a clown car and the other's a tripod!
That's why everyone parses every little thing the Fed says.
War of the Words!
Mr Slippery,
As seen on TV
Broken link?
You know if I gave a crap, I would press the better minds of finance to answer one question:
If the dot.com bubble had the economy running at 2X what it could be, and if you lived the era as an adult it was silly how much money was going around was that sustainable? Ok, so if you lived through the economy running at 1.8X during the housing bubble, and it was (and in some places is) just as silly with money being thrown around like stripper dust at an 18 and younger strip jojnt, is that reality?
Robotics, 3-D printing, no ad revenue (social media is a joke for ads). Maybe we need to accept that bubble bull shit is not reality.
6 years into the "recovery" but why would anyone call it that after 6 years? Blows the mind.
As Seen on TV was a broken link.
It was supposed to be this:
https://www.youtube.com/watch?v=3lBWjLJeKkQ
EconomicDisconnect,
Maybe we need to accept that bubble bull shit is not reality.
Calgon Bubbles!
Mr Slippery,
Turn off the TV without getting up!
When is someone going to invent a smart clapper device?
Why can't we just clap morse code into our phones? There would be no limit to how many devices we could control with clapping technology!
Reduce the volume of the stereo by ten percent.
.-. . -.. ..- -.-. . / - .... . / ...- --- .-.. ..- -- . / --- ..-. / - .... . / ... - . .-. . --- / -... -.-- / - . -. / .--. . .-. -.-. . -. - .-.-.-
Simple! Effective! ;)
Damn. I wish there were a word or phrase to describe those kinds of wobbles and what happens next.
Troy,
1. This nation is very productive, wealth-wise, we just have an ownership and distribution imbalance issue to work out.
2. Our system has become horribly corrupted and I just don't see us resolving anything among ourselves anytime soon.
Agreed. Sigh.
Rob Dawg,
Hahaha! I knew you'd post a comment on this one.
I'd explain it for the benefit of others yet again, but from here on out I'm just going to consider this "tank slapper" to be an inside joke.
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