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Total nonfarm payroll employment increased by 304,000 in January, and the
unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics
reported today. Job gains occurred in several industries, including leisure
and hospitality, construction, health care, and transportation and warehousing\
I thought you preferred the total employment numbers from the household survey. Do you now except the payroll employment numbers as accurate? Why the change?https://www.bls.gov/news.release/empsit.nr0.htm
Another example that America is winning and the Trump economic policies working. Unemployment rate rise due to furloughed govt. employees on TEMPORARY unemployment
Results matter except to a liberal where rhetoric matters more
I thought you preferred the total employment numbers from the household survey. Do you now except the payroll employment numbers as accurate? Why the change?
No, you’re post cites the non farm payroll data, which is not and has never been used to calculate the UE rate.I use the same data used to calculate the official unemployment rate, always have
No, you’re post cites the non farm payroll data, which is not and has never been used to calculate the UE rate.
Good luck with that! I expect you will get an earful about how Obama and his policies ruined the economy until Trump was elected.
304,000 jobs created in January my post standsNo, you’re post cites the non farm payroll data, which is not and has never been used to calculate the UE rate.
One month of data is largely irrelevant. What matters are trends. And the trend in employment growth is pretty much what it was under Obama. Also note that this is preliminary data. December's big initially reported gain of 312,000 was knocked all the way down to 222,000. There really isn't much to say other than the economy is chugging along same as it has been for 100 months.
304,000 jobs created in January my post stands
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One month of data is largely irrelevant. What matters are trends. And the trend in employment growth is pretty much what it was under Obama. Also note that this is preliminary data. December's big initially reported gain of 312,000 was knocked all the way down to 222,000. There really isn't much to say other than the economy is chugging along same as it has been for 100 months.
I generally agree, though the recovery has been slow so in that context it is not quite as impressive - just spread out over more years rather than concentrated in fewer. Though I'd rather have slow and steady than a short but impressive boom.The amazing aspect of these numbers is that they are occurring at a time when we are at essentially full employment. Pulling in numbers like that ten years into a recovery is impressive.
On the back of 312,000 last month this is great news.https://www.bls.gov/news.release/empsit.nr0.htm
Another example that America is winning and the Trump economic policies working. Unemployment rate rise due to furloughed govt. employees on TEMPORARY unemployment
Results matter except to a liberal where rhetoric matters more
The amazing aspect of these numbers is that they are occurring at a time when we are at essentially full employment. Pulling in numbers like that ten years into a recovery is impressive.
On the back of 312,000 last month this is great news.
The change in total nonfarm payroll employment for November was revised up from
+176,000 to +196,000, and the change for December was revised down from +312,000 to
+222,000.
LOL, will excuse me for not studying the entire release to respond to a post.You are not familiar with the monthly BLS employment release and didn't read the link in the quote:
There's always next month!
LOL, will excuse me for not studying the entire release to respond to a post.
Labor participation and wage growth is still historically low, so it isn't necessarily amazing.
https://www.bls.gov/news.release/empsit.nr0.htm
Another example that America is winning and the Trump economic policies working. Unemployment rate rise due to furloughed govt. employees on TEMPORARY unemployment
Results matter except to a liberal where rhetoric matters more
https://www.bls.gov/news.release/empsit.nr0.htm
Another example that America is winning and the Trump economic policies working. Unemployment rate rise due to furloughed govt. employees on TEMPORARY unemployment
Results matter except to a liberal where rhetoric matters more
I never said the numbers were wrong, but that they are from the establishment survey which you usually ignore, preferring the household survey (which is the survey used for the UE rate)
Is there a reason you now are citing the establishment survey?
But we are still having a deficit issue, and a serious debt issue, which will smack us on side the head one day unless we reign it in.
I am happy about the jobs numbers though.
Yes, couldn't agree more which is why I supported the 2019 Trump budget and continue to point out that the President has zero spending authority without Congress's approval yet is blamed for the deficits generated during his term. Trump actually cut his executive branch budget and has submitted actual department cuts for fiscal year 2019 but that budget hasn't been approved.
Seems to me under these economic conditions it is timely to allow people to keep more of what they earn, shift responsibilities back to the states due to record revenue generation at the state level and actually cut the federal spending! Not going to happen as bureaucrats want people dependent and will keep buying votes
OMG, Con is already making excuses for trump ballooning the deficit. er uh Con, just for laughs, who do you blame for deficits say uh 2010 to 2018?
OMG, Con is already making excuses for trump ballooning the deficit. er uh Con, just for laughs, who do you blame for deficits say uh 2010 to 2018?
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