Bump when these numbers move

LooseGoose wrote:+298,000 jobs in February according to ADP. 100,000 more than anticipated.

Too bad people won't be able to enjoy their new jobs as the world goes to hell.

The employment report for February brought positive news for Trump. Nonfarm employers added an estimated 235,000 jobs, bringing the three-month average to 209,000 -- more than enough to compensate for natural growth in the labor force. The unemployment rate edged down 0.1 percentage point to 4.7 percent. And in a sign that the demand for labor is translating into bigger pay raises, the average hourly wage gained 2.8 percent from a year earlier, exceeding the average pace of the past several years.

Some industries punched well above their weight, contributing more to job gains than their share of overall employment. Mining -- particularly in areas such as coal, as opposed to oil and gas -- saw the biggest turnaround: In the three months through February, employment grew at an annualized rate of 9.2 percent, compared with an annualized decline of 4.5 percent during the previous five years. Construction, including heavy and civil engineering, rose at a 6.7 percent pace, up from 3.9 percent in the previous five years. Other winners included machinery and finance. Here's a chart:

What’s so special about these sectors? One possible explanation is that they're expecting to gain from Trump's policies. The president has already signed orders easing restrictions on coal miners, and has pledged to revive production. His plan to invest $1 trillion in roads, bridges and other infrastructure should be good for construction (though warm February weather may also have played a role), and certain domestic manufacturers could benefit -- at least in the short term -- from his efforts to raise barriers to imports. In finance, he has promised to roll back regulation and has ordered a review of a retirement-advice rule that much of the industry had opposed.

DWags wrote:Remember when Obama literally saved two of the big three auto companies and bailed out Wall Street?

Other Teams Pursuing That wrote:https://fivethirtyeight.com/features/dont-let-trump-or-any-president-take-credit-for-strong-jobs-numbers/

LooseGoose wrote:

DWags wrote:Remember when Obama literally saved two of the big three auto companies and bailed out Wall Street?

This one always got me. I agree he deserves some credit for stepping in.....but for people that suggest without him the auto industry would have vanished are full of shit. GM/Chrysler would have gone through a packaged bankruptcy and emerged. Would have taken more time but they would have continued to operate during the 11.

Strange though they never interview the Dephi retirees that got fucked in the bankruptcy deal.

LooseGoose wrote:

DWags wrote:

LooseGoose wrote:

So, who was president in 1997? I forget. What the heck happened starting in 2000?

LooseGoose wrote:

DWags wrote:

So, who was president in 1997?  I forget.  What the heck happened starting in 2000?  

It's all tribal with you, isn't it?

Employees place labels on prybars at the Vaughan & Bushnell Manufacturing Co. facility in Bushnell, Illinois. Another blowout number on jobs as ADP reports March payrolls up 263K

The year's fast start for job creation showed no signs of letting up in March as private payrolls saw another big boost, according to a report Wednesday.

Companies added 263,000 jobs for the month, ADP and Moody's Analytics said. That was well above the 185,000 expected from economists surveyed by Reuters and also better than the 245,000 reported for February.

LooseGoose wrote:Private payrolls grew 263K in March vs. 185K est.: ADP

Employees place labels on prybars at the Vaughan & Bushnell Manufacturing Co. facility in Bushnell, Illinois. Another blowout number on jobs as ADP reports March payrolls up 263K

The year's fast start for job creation showed no signs of letting up in March as private payrolls saw another big boost, according to a report Wednesday.

Companies added 263,000 jobs for the month, ADP and Moody's Analytics said. That was well above the 185,000 expected from economists surveyed by Reuters and also better than the 245,000 reported for February.

New applications for U.S. unemployment benefits recorded their biggest drop in nearly two years last week, pointing to a further tightening in the labor market.

Initial claims for state unemployment benefits declined 25,000 to a seasonally adjusted 234,000 for the week ended April 1, the Labor Department said on Thursday. The drop was the largest since the week ending April 25, 2015, and unwound recent increases that had lifted claims to a three-month high.

"The lower jobless claims filings show the economy continues to show improvement which is important news with the long expansion expected to eventually tire somewhere down the line given its longevity," said Chris Rupkey, chief economist at MUFG Union Bank in New York.

Claims have now been below 300,000, a threshold associated with a healthy labor market, for 109 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. The labor market is currently near full employment.

LooseGoose wrote:U.S. weekly jobless claims post largest drop in almost two years

New applications for U.S. unemployment benefits recorded their biggest drop in nearly two years last week, pointing to a further tightening in the labor market.

Initial claims for state unemployment benefits declined 25,000 to a seasonally adjusted 234,000 for the week ended April 1, the Labor Department said on Thursday. The drop was the largest since the week ending April 25, 2015, and unwound recent increases that had lifted claims to a three-month high.

"The lower jobless claims filings show the economy continues to show improvement which is important news with the long expansion expected to eventually tire somewhere down the line given its longevity," said Chris Rupkey, chief economist at MUFG Union Bank in New York.

Claims have now been below 300,000, a threshold associated with a healthy labor market, for 109 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. The labor market is currently near full employment.

DWags wrote:

LooseGoose wrote:U.S. weekly jobless claims post largest drop in almost two years

109 straight weeks!

Thanks Obama!!

DWags wrote:

LooseGoose wrote:U.S. weekly jobless claims post largest drop in almost two years

109 straight weeks!

Thanks Obama!!

DWags wrote:

LooseGoose wrote:U.S. weekly jobless claims post largest drop in almost two years

109 straight weeks!

Thanks Obama!!

Robert J Sakimano wrote:anyone got how many abortions the sexual predator paid for?

Watch Out Pylon! wrote:This board gets pretty heated at times. We all know this. Lots of yelling at each other. I do my fair share. What won't be tolerated is non-sequitur trolling aimed at nothing else other than pissing people off. You'll get a warning. If you keep at it you'll get a ban. This goes for everyone no matter your political leanings. Have a great day.

CheesySpartan wrote:

Robert J Sakimano wrote:anyone got how many abortions the sexual predator paid for?

I take you didn't really read the announcement about trolling not being tolerated here anymore.

Watch Out Pylon! wrote:This board gets pretty heated at times. We all know this. Lots of yelling at each other. I do my fair share. What won't be tolerated is non-sequitur trolling aimed at nothing else other than pissing people off. You'll get a warning. If you keep at it you'll get a ban. This goes for everyone no matter your political leanings. Have a great day.

Robert J Sakimano wrote:

CheesySpartan wrote:

I take you didn't really read the announcement about trolling not being tolerated here anymore.

bump.

it was an honest question. I'm sorry if it offends you.

CheesySpartan wrote:

Robert J Sakimano wrote:
bump.

it was an honest question. I'm sorry if it offends you.

Your trolling doesn't offend me Bob its all good.

A new Washington Post poll that declares President Trump as "the least popular president in modern times," waits until the second to last paragraph to reveal another tidbit: He'd still beat Hillary Rodham Clinton if the election were held today and in the popular vote, not just Electoral College.

The poll found that Trump's polls continue to be upside down, with a 42 percent approval and 53 percent disapproval.

It's not until the second to last paragraph of the long story that it's shown Clinton would still lose to the president, despite the high disapproval ratings and problems with his first 100 days detailed by the paper. It reads:

The new survey finds 46 percent saying they voted for Clinton and 43 percent for Trump, similar to her two-point national vote margin. Asked how they would vote if the election were held today, 43 say they would support Trump and 40 percent say Clinton.

LooseGoose wrote:After all the hand wringing....all the media bashing.....all the incompetent stories.....all the most unpopular ever stories....the media must be getting something wrong. Trump wins today bigger than he did in November.

Wash Post poll hides: Trump still beats Clinton, 43%-40%

A new Washington Post poll that declares President Trump as "the least popular president in modern times," waits until the second to last paragraph to reveal another tidbit: He'd still beat Hillary Rodham Clinton if the election were held today and in the popular vote, not just Electoral College.

The poll found that Trump's polls continue to be upside down, with a 42 percent approval and 53 percent disapproval.

It's not until the second to last paragraph of the long story that it's shown Clinton would still lose to the president, despite the high disapproval ratings and problems with his first 100 days detailed by the paper. It reads:

The new survey finds 46 percent saying they voted for Clinton and 43 percent for Trump, similar to her two-point national vote margin. Asked how they would vote if the election were held today, 43 say they would support Trump and 40 percent say Clinton.

LooseGoose wrote:After all the hand wringing....all the media bashing.....all the incompetent stories.....all the most unpopular ever stories....the media must be getting something wrong. Trump wins today bigger than he did in November.

Wash Post poll hides: Trump still beats Clinton, 43%-40%

A new Washington Post poll that declares President Trump as "the least popular president in modern times," waits until the second to last paragraph to reveal another tidbit: He'd still beat Hillary Rodham Clinton if the election were held today and in the popular vote, not just Electoral College.

The poll found that Trump's polls continue to be upside down, with a 42 percent approval and 53 percent disapproval.

It's not until the second to last paragraph of the long story that it's shown Clinton would still lose to the president, despite the high disapproval ratings and problems with his first 100 days detailed by the paper. It reads:

The new survey finds 46 percent saying they voted for Clinton and 43 percent for Trump, similar to her two-point national vote margin. Asked how they would vote if the election were held today, 43 say they would support Trump and 40 percent say Clinton.

CheesySpartan wrote:

Robert J Sakimano wrote:
bump.

it was an honest question. I'm sorry if it offends you.

Your trolling doesn't offend me Bob its all good.

LooseGoose wrote:After all the hand wringing....all the media bashing.....all the incompetent stories.....all the most unpopular ever stories....the media must be getting something wrong. Trump wins today bigger than he did in November.

Wash Post poll hides: Trump still beats Clinton, 43%-40%

A new Washington Post poll that declares President Trump as "the least popular president in modern times," waits until the second to last paragraph to reveal another tidbit: He'd still beat Hillary Rodham Clinton if the election were held today and in the popular vote, not just Electoral College.

The poll found that Trump's polls continue to be upside down, with a 42 percent approval and 53 percent disapproval.

It's not until the second to last paragraph of the long story that it's shown Clinton would still lose to the president, despite the high disapproval ratings and problems with his first 100 days detailed by the paper. It reads:

The new survey finds 46 percent saying they voted for Clinton and 43 percent for Trump, similar to her two-point national vote margin. Asked how they would vote if the election were held today, 43 say they would support Trump and 40 percent say Clinton.

NigelUno wrote:Trump's 1st economic report card: Slowest growth in 3 years

The average price nationwide for a gallon of regular is $2.23, down 15 cents from a month ago, according to AAA.

And really cheap gas is even more common than suggested by that average: About 25% of gas stations nationwide are selling gas for $2 a gallon or less.

The last time gas was this cheap heading into Independence Day was 2005.

Job growth jumps to 222,000 in June; unemployment steady at 4.4%

The U.S. job market roared back to life in June, with a better-than-expected 222,000 new positions created in June while the unemployment rate held at 4.4 percent, according to a government report Friday.

Economists surveyed by Reuters had been expecting nonfarm payrolls growth of 179,000 and the unemployment rate to be 4.3 percent.

Wage growth, however, remained muted, with average hourly earnings rising 2.5 percent on an annualized basis, essentially unchanged from the previous month. On a monthly basis, the rise was 0.2 percent, which actually was a shade below the 0.2 percent expectation. The average work week edged higher, rising 0.1 hours to 34.5.

The report "is another illustration that the real economy is in good health," said Paul Ashworth, chief U.S. economist at Capital Economics. "The only disappointment is that wage growth still shows few signs of accelerating."

The jump in payrolls came following a disappointing May that saw an increase of just 152,000. However, even that number was revised up from an initially reported 138,000, and April was revised upward as well, from 174,000 to 207,000.

LooseGoose wrote:US nonfarm payrolls total 222,000 in June vs 179,000 expected

Job growth jumps to 222,000 in June; unemployment steady at 4.4%

The U.S. job market roared back to life in June, with a better-than-expected 222,000 new positions created in June while the unemployment rate held at 4.4 percent, according to a government report Friday.

Economists surveyed by Reuters had been expecting nonfarm payrolls growth of 179,000 and the unemployment rate to be 4.3 percent.

Wage growth, however, remained muted, with average hourly earnings rising 2.5 percent on an annualized basis, essentially unchanged from the previous month. On a monthly basis, the rise was 0.2 percent, which actually was a shade below the 0.2 percent expectation. The average work week edged higher, rising 0.1 hours to 34.5.

The report "is another illustration that the real economy is in good health," said Paul Ashworth, chief U.S. economist at Capital Economics. "The only disappointment is that wage growth still shows few signs of accelerating."

The jump in payrolls came following a disappointing May that saw an increase of just 152,000. However, even that number was revised up from an initially reported 138,000, and April was revised upward as well, from 174,000 to 207,000.

The day Obama took office, the Dow closed at 7,949 points. Eight years later, the Dow had almost tripled, closing at 21,414. Obama pushed through a controversial, $8o billion bailout to save the car industry. The U.S. car industry survived, started making money again, and the entire $80 billion was paid back, with interest. Obama ordered the raid that killed Osama Bin Laden. He drew down the number of troops from 180,000 in Iraq and Afghanistan to just 15,000, and increased funding for the Department of Veterans Affairs. He launched a program called Opening Doors which, since 2010, has led to a 47 percent decline in the number of homeless veterans. He set a record 73 straight months of private-sector job growth. He reduced the federal deficit from 9.8 percent of GDP in 2009 to 3.2 percent in 2016. Credit card companies can no longer charge hidden fees or raise interest rates without advance notice. Oh, and he never took your bibles or guns wrote: