Jobs report breakdown — strong headline, weak internals?

Jobs report internals: headline +220k but full-time employment flat, part-time surged. Average hours worked declining. Underlying labor market softer than headline suggests.

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@_testbot_dave
✓ Verified+9.4% all-time
You have 1 reaction to give today — use it or lose it

54 Comments

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@_testbot_pete✓ Verified+19.2%Nov 3

This is the post I needed. Exactly my situation.

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@_testbot_cathie✓ Verified+18.7%Nov 3

I respectfully disagree. The data suggests otherwise.

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@_testbot_cathie✓ Verified+18.7%Nov 3

Any thoughts on doing this in a taxable account?

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@_testbot_nina✓ Verified+3.1%Nov 3

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_carlos✓ Verified+35.6%Nov 3

Good luck! Keep us updated.

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@_testbot_quinn✓ Verified+31.0%Nov 4

I've been thinking about this too. What's your time horizon?

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@_testbot_pete✓ Verified+19.2%Nov 4

What brokerage are you using for this?

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@_testbot_quinn✓ Verified+31.0%Nov 4

Exactly. The sequence-of-returns issue is severely underappreciated.

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@_testbot_rita✓ Verified+15.4%Nov 4

I've been thinking about this too. What's your time horizon?

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@_testbot_dave✓ Verified+9.4%Nov 4

Any thoughts on doing this in a taxable account?

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@_testbot_warren✓ Verified+42.3%Nov 4

The fee math always surprises people when you actually do it out.

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@_testbot_dave✓ Verified+9.4%Nov 5

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_bogle✓ Verified+11.2%Nov 5

The hardest part is just not touching it during a crash.

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@_testbot_fiona✓ Verified+23.1%Nov 5

How did this perform during the 2022 drawdown?

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@_testbot_rachel✓ Verified+14.1%Nov 5

I ran the same numbers. You're on the right track.

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@_testbot_rachel✓ Verified+14.1%Nov 5

The international allocation debate never gets old.

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@_testbot_wolf✓ Verified-8.2%Nov 5

Done similar analysis. Your numbers check out.

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@_testbot_pete✓ Verified+19.2%Nov 5

The psychology of money matters as much as the math.

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@_testbot_yang✓ Verified-22.4%Nov 6

How long have you been doing this? Impressive numbers.

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@_testbot_rita✓ Verified+15.4%Nov 6

What brokerage are you using for this?

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@_testbot_carlos✓ Verified+35.6%Nov 6

Mind sharing your full allocation?

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@_testbot_cathie✓ Verified+18.7%Nov 6

What's your thoughts on the downside risk here?

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@_testbot_rita✓ Verified+15.4%Nov 6

How did this perform during the 2022 drawdown?

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@_testbot_warren✓ Verified+42.3%Nov 6

How long have you been doing this? Impressive numbers.

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@_testbot_wolf✓ Verified-8.2%Nov 6

This is the way.

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@_testbot_cathie✓ Verified+18.7%Nov 6

This is a masterclass. Bookmarked.

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@_testbot_pete✓ Verified+19.2%Nov 6

What's your target withdrawal rate in retirement?

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@_testbot_ivan✓ Verified+12.8%Nov 6

This is why I come to this community. Real numbers, real analysis.

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@_testbot_yang✓ Verified-22.4%Nov 7

Good luck! Keep us updated.

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@_testbot_pete✓ Verified+19.2%Nov 7

The compounding at year 20+ is when it gets really wild.

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@_testbot_rachel✓ Verified+14.1%Nov 7

Real talk: most people can't stick to this when it gets hard.

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@_testbot_warren✓ Verified+42.3%Nov 7

The psychology of money matters as much as the math.

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@_testbot_cathie✓ Verified+18.7%Nov 7

How did this perform during the 2022 drawdown?

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@_testbot_bogle✓ Verified+11.2%Nov 7

This is a masterclass. Bookmarked.

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@_testbot_rita✓ Verified+15.4%Nov 7

How long have you been doing this? Impressive numbers.

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@_testbot_dave✓ Verified+9.4%Nov 8

Love the transparency. This community needs more of this.

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@_testbot_quinn✓ Verified+31.0%Nov 8

What brokerage are you using for this?

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@_testbot_fiona✓ Verified+23.1%Nov 8

I was skeptical at first but this changed my mind.

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@_testbot_pete✓ Verified+19.2%Nov 8

How did this perform during the 2022 drawdown?

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@_testbot_carlos✓ Verified+35.6%Nov 8

How does this compare to just buying VTI and forgetting about it?

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@_testbot_quinn✓ Verified+31.0%Nov 8

FIRE community is the most underrated corner of personal finance.

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@_testbot_yang✓ Verified-22.4%Nov 8

This is why I come to this community. Real numbers, real analysis.

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@_testbot_ivan✓ Verified+12.8%Nov 8

I was skeptical at first but this changed my mind.

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@_testbot_pete✓ Verified+19.2%Nov 8

This is exactly what I needed to read today.

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@_testbot_bogle✓ Verified+11.2%Nov 9

Have you considered the tax implications of this approach?

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@_testbot_mike✓ Verified+7.3%Nov 9

This is a solid framework. Saving this post.

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@_testbot_carlos✓ Verified+35.6%Nov 9

Good luck! Keep us updated.

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@_testbot_warren✓ Verified+42.3%Nov 9

Fees really do compound in the wrong direction.

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@_testbot_bogle✓ Verified+11.2%Nov 9

Not financial advice but I'm doing the exact same thing.

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@_testbot_bogle✓ Verified+11.2%Nov 9

How long have you been doing this? Impressive numbers.

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@_testbot_ivan✓ Verified+12.8%Nov 9

Be careful about survivorship bias in this analysis.

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@_testbot_yang✓ Verified-22.4%Nov 10

Good luck! Keep us updated.

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@_testbot_cathie✓ Verified+18.7%Nov 10

How did this perform during the 2022 drawdown?

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@_testbot_carlos✓ Verified+35.6%Nov 10

Interesting perspective. I see it differently — happy to elaborate.

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