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Jobs Report Surprise: 313,000 Added in February

T

The Prof

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The US economy added 313,000 jobs in February. That was much stronger than economists expected and the biggest gain since July 2016, according to Labor Department figures published Friday.

"The headline number is pretty outstanding," says Cathy Barrera, chief economist at ZipRecruiter, a job recruitment site.
Click to expand...

Jobs report surprise: 313,000 added in February - Mar. 9, 2018

cnn sees american business on a "hiring spree!"

isn't it exciting?!

you know how emotional don lemon can be

313000 jobs, most in 18 months

wages, perpetual drag on obama, up 2.6%

the participation rate, another barack bummer, saw its biggest monthly gain in 8 years!

more americans working than ever before!!!

black and hispanic unemployment at all time lows!

even colin kaepernick's gotta stand for that

no?

808000 proud americans rejoined the work force

in february alone

nyt: "jobs reports don't get better than this"

cnbc: "underlying growth is quite strong"

can you deny it?

would you want to?

reuters: "the labor market is benefiting from strong domestic demand, an improvement in global growth, and robust US business sentiment following passage of the trump admin's 1.5T tax cut package... the tax cuts came into effect in january"

in other words, the first month into trump's tax cuts produced jobs numbers which usatoday (pretty accurately) describes as "blockbuster"

december and january reports revised up 54k net

construction +61k, manufacturing +31k, professionals +78k, these are good jobs, careers perhaps, with growth opportunity, benefits, retirement, medical

"even mining firms, a jobs-losing industry in recent years, hired 9000 workers"

as for wages:

Some economists expect the Fed to raise borrowing costs four times this year, arguing that wage growth was actually running stronger than suggested by average hourly earnings, which tend to be volatile on a monthly basis. Average hourly earnings for production and non-supervisory workers, which economists say are better measured, increased 0.3 percent in February.
Click to expand...

big picture, gdp:

Revisions to December data on construction spending, factory orders and wholesale inventory have suggested the fourth-quarter growth estimate could be raised to a 3.0 percent pace.
Click to expand...

cheers!
 
Last edited:
The Prof said:
Jobs report surprise: 313,000 added in February - Mar. 9, 2018

cnn sees american business on a "hiring spree!"

isn't it exciting?!

you know how emotional don lemon can be

313000 jobs, most in 18 months

wages, perpetual drag on obama, up 2.6%

the participation rate, another barack bummer, saw its biggest monthly gain in 8 years!

more americans working than ever before!!!

black and hispanic unemployment at all time lows!

even colin kaepernick's gotta stand for that

no?

808000 proud americans rejoined the work force

in february alone

nyt: "jobs reports don't get better than this"

cnbc: "underlying growth is quite strong"

can you deny it?

would you want to?

reuters: "the labor market is benefiting from strong domestic demand, an improvement in global growth, and robust US business sentiment following passage of the trump admin's 1.5T tax cut package... the tax cuts came into effect in january"

in other words, the first month into trump's tax cuts produced jobs numbers which usatoday (pretty accurately) describes as "blockbuster"

december and january reports revised up 54k net

construction +61k, manufacturing +31k, professionals +78k, these are good jobs, careers perhaps, with growth opportunity, benefits, retirement, medical

"even mining firms, a jobs-losing industry in recent years, hired 9000 workers"

as for wages:



big picture, gdp:



cheers!
Click to expand...

Is it exciting to add a trillion or 2 to the national debt just to give corporate america unneeded tax cuts?
 
Floridafan said:
Is it exciting to add a trillion or 2 to the national debt just to give corporate america unneeded tax cuts?
Click to expand...

A lot of government spending is simply income redistribution to those that cannot (or will not) support themselves and their dependents by working. Jobs (or better jobs) are said to be the answer to that while higher taxation (of the "job creators") is simply going to require more government spending on the (ever larger?) loafing class.
 
Floridafan said:
Is it exciting to add a trillion or 2 to the national debt just to give corporate america unneeded tax cuts?
Click to expand...

To maintain the track record of both of Trump's predecessors, he needs to work a little harder.

He's supposed to double the debt in 8 years and he's falling way behind on that pace.

I'm sure we'll see a recovery to pace in the near future. The lying thieves in Congress don't let a big ol' pile of money sit around very long without stealing some of it.

That said, though, the only finalized month under the new tax plan shows a surplus. February is trending toward a deficit, but we'll know soon.
 
The Prof said:
Jobs report surprise: 313,000 added in February - Mar. 9, 2018

cnn sees american business on a "hiring spree!"

isn't it exciting?!

you know how emotional don lemon can be

313000 jobs, most in 18 months

wages, perpetual drag on obama, up 2.6%

the participation rate, another barack bummer, saw its biggest monthly gain in 8 years!

more americans working than ever before!!!

black and hispanic unemployment at all time lows!

even colin kaepernick's gotta stand for that

no?

808000 proud americans rejoined the work force

in february alone

nyt: "jobs reports don't get better than this"

cnbc: "underlying growth is quite strong"

can you deny it?

would you want to?

reuters: "the labor market is benefiting from strong domestic demand, an improvement in global growth, and robust US business sentiment following passage of the trump admin's 1.5T tax cut package... the tax cuts came into effect in january"

in other words, the first month into trump's tax cuts produced jobs numbers which usatoday (pretty accurately) describes as "blockbuster"

december and january reports revised up 54k net

construction +61k, manufacturing +31k, professionals +78k, these are good jobs, careers perhaps, with growth opportunity, benefits, retirement, medical

"even mining firms, a jobs-losing industry in recent years, hired 9000 workers"

as for wages:



big picture, gdp:



cheers!
Click to expand...

tenor.gif
 
ttwtt78640 said:
A lot of government spending is simply income redistribution to those that cannot (or will not) support themselves and their dependents by working. Jobs (or better jobs) are said to be the answer to that while higher taxation (of the "job creators") is simply going to require more government spending on the (ever larger?) loafing class.
Click to expand...

That's what the 1% would like you to believe.
 
The Prof said:
Jobs report surprise: 313,000 added in February - Mar. 9, 2018

cnn sees american business on a "hiring spree!"

isn't it exciting?!

you know how emotional don lemon can be

313000 jobs, most in 18 months

wages, perpetual drag on obama, up 2.6%

the participation rate, another barack bummer, saw its biggest monthly gain in 8 years!

more americans working than ever before!!!

black and hispanic unemployment at all time lows!

even colin kaepernick's gotta stand for that

no?

808000 proud americans rejoined the work force

in february alone

nyt: "jobs reports don't get better than this"

cnbc: "underlying growth is quite strong"

can you deny it?

would you want to?

reuters: "the labor market is benefiting from strong domestic demand, an improvement in global growth, and robust US business sentiment following passage of the trump admin's 1.5T tax cut package... the tax cuts came into effect in january"

in other words, the first month into trump's tax cuts produced jobs numbers which usatoday (pretty accurately) describes as "blockbuster"

december and january reports revised up 54k net

construction +61k, manufacturing +31k, professionals +78k, these are good jobs, careers perhaps, with growth opportunity, benefits, retirement, medical

"even mining firms, a jobs-losing industry in recent years, hired 9000 workers"

as for wages:



big picture, gdp:



cheers!
Click to expand...

Come on now, Hillary deserves all the credit!
 
Floridafan said:
Is it exciting to add a trillion or 2 to the national debt just to give corporate america unneeded tax cuts?
Click to expand...

Who uses money better, corporate america [sic], or government?

What do they make for us in Washington DC?

Cars? mobile phones, gas? food? clothing? houses?
 
ttwtt78640 said:
A lot of government spending is simply income redistribution to those that cannot (or will not) support themselves and their dependents by working. Jobs (or better jobs) are said to be the answer to that while higher taxation (of the "job creators") is simply going to require more government spending on the (ever larger?) loafing class.
Click to expand...

Please produce evidence that there is a "loafing class".... let us know how big it is, why it exists and how much it costs the government....
 
Floridafan said:
Is it exciting to add a trillion or 2 to the national debt just to give corporate america unneeded tax cuts?
Click to expand...

Yep, those leftwing PREDICTIONS that never seem to materialize and when they don't no apology. How does allowing people to keep more of what they earn hurt you, your family, or the country?? Imagine that dollars staying in the state vs. the DC? Interesting logic on the part of the left who never sends their tax cuts back
 
SirGareth said:
Who uses money better, corporate america [sic], or government?

What do they make for us in Washington DC?

Cars? mobile phones, gas? food? clothing? houses?
Click to expand...

If by "us" you mean a global labor pool, then yes, corporate America.

What I would like to see is slashed spending. Cutting taxes is fine as long as we reduce spending. Otherwise we're just going to continue running up the tab for our kids and grand kids.

313,000 jobs added is a good thing.
 
who uses money better?

seattle raised min wage to 15/hour, univ washington study found it cost low skilled workers jobs, hours and take home

https://www.washingtonpost.com/news...-really-helps-workers/?utm_term=.768857755d23

trump cut taxes and almost every bank in america raised its starting wage within a week

https://www.usatoday.com/story/mone...boosted-pay-since-tax-bill-passed/1023848001/

what works?

have you heard about the homeless crisis in seattle, LA, SF?

lots of media, the situation is really bad

in SF, lots of talk (sfchron, kron, ktvu) about feces and needles and disease and tents and violent panhandlers

and car break in's, an epidemic of car break in's in frisco

kron will interview some poor schmuck who doesn't even call the cops anymore after his 4th car break in

and what's a studio going for these days in the tenderloin?

i take it folks as in-the-know as dp denizens are pretty informed about what's going on on the streets of frisco and LA

(and baltimore and chicago)

that really bad fire in N los angeles last month, burnt for weeks, started by a campfire in an underpass encampment

you remember

and no go zones, lots of no go zones, mostly in europe

malmo, east oslo, molenbeek, seine saint denis, whitechapel east london...

so many problems, problems everywhere

where do honest people turn for solutions?
 
Thank you President Obama for all the jobs. It's your policies which we are still seeing the benefits today.
 
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