US economy added 312,000 jobs in December

[Chomsky]

That's definitely a good sign. The market is pretty competitive and it's pretty good if you're looking for work.

And this is my case for not wanting more H1Bs, H2Bs, or even seasonals at this time. I want supply and demand to increase American workers' wages, through free-market mechanisms.

 

[Conservative]

“Highest number of jobs created since the late 90's.”

As usual, you provide no evidence to support what you claim. Regardless, one month does not make the economy.

“All good news thus that news has to be ignored by the radicals”

As usual, you continue to ignore the fact that today’s economy is sailing on the wind from the Obama economy. The rate of employment growth, job creation and unemployment is no better under Trump than was under Obama. You can’t, as I’ve advised you before, prove any significant difference.

BTW, the % wage increase shown in the article you linked is misleading. It is not “real wage difference” because it does not account for inflation. I don’t know what the inflation rate was for the 12 mos. ending in December, but in November it would put the 12 mos. wage increase at about .2%. Furthermore, real weekly wages went DOWN because of fewer average hours worked per week. Your main thrust is to cast aspersion. Trolling.

If you can’t back up your claim, as I’ve advised you before, your claim is unfounded for lack of evidence and you lose the debate.

As I've said before, if you reply with nothing different to support what you say, like statistical evidence, do not expect another reply from me.

It really is frustrating dealing with people who are clueless on how to research data and continue to make wild claims over and over again about how great the Obama economy was. You ask for data and have provided none. I continue to post employment, GDP, and Treasury data over and over again only to be ignored.

You are absolutely right, I don't expect a reply from you because you have nothing to offer to support your claims, only media reports and opinions

I did make a mistake however as the link below shows, this was the best Manufacturing increase sine 1997 showing that the so called tariff scare was just that more leftwing scare tactics

https://www.cnbc.com/2019/01/04/manufacturing-posts-best-calendar-year-for-job-gains-since-1997.html

You see actual data doesn't resonate with you or any other liberal because that isn't what you want to hear. You want to believe what the media tells you and since you liked Obama so much it is hard for you to accept the fact that his economy was the worst recovery in modern history and his job creation came mostly with part time jobs. Context matters except to you

When the recession started there were 146 million Americans Employed, when Obama left office it was 152 million, 6 million gain. Trump has gained 4.7 million in 2 years. A job loss that returns isn't a new job created no matter how you want to spin it

 

[Sgt Meowenstein]

https://www.foxbusiness.com/economy...jobs-in-december-missing-passing-expectations



Another month and economic results ignored by the left. Highest number of jobs created since the late 90's. Shows how those so called tariffs have hurt this country.

Keep focusing on the negative while Americans are going back to work. Total employment increase since Trump took office, 4.8 million, Previous months revised upwards as well. All good news thus that news has to be ignored by the radicals

Great news, but tariffs are still hurting people. Steel and aluminum costs more; so, anyone who uses steel and aluminum to manufacture parts is paying more, and making up for that higher cost some way — whether through keeping less full-time employees or passing the higher costs on to consumers. Soy bean purchases from China are down approximately 98% from this same period last year. Yes, we’re making up for some of it elsewhere by selling more to other countries; but, the fact that we gave farmers a multi-billion dollar bailout isn’t exactly great news.

 

[Conservative]

Great news, but tariffs are still hurting people. Steel and aluminum costs more; so, anyone who uses steel and aluminum to manufacture parts is paying more, and making up for that higher cost done way — whether through keeping less full-time employees or passing the higher costs on to consumers. Soy bean purchases from China are down approximately 98% from this same period last year. Yes, we’re making up for some of it elsewhere by selling more to other countries; but, the fact that we have farmers a multi-billion dollar bailout isn’t exactly great news.

And yet manufacturing had the greatest year since 1997 so I will continue to focus on the good news not the liberal spin about the bad news. 12 billion is a large number for most but in our 20 TRILLION DOLLAR economy a drop in the bucket against countries the manipulate their currency and put American business at a disadvantage.

 

[Sgt Meowenstein]

A job loss that returns isn't a new job created no matter how you want to spin it

Tell that to the millions who gained employment thanks to Obama’s policies after losing it to Bush’s and the Republicans policies. Did Obama hand over a good economy, or not?

 

[Sgt Meowenstein]

Anyway, let’s take a page from conservatives during Obama’s terms: these numbers are fake news, part-time burger flipping jobs. Real unemployment is 15%. They only look good because people have left the job market. Etc etc.

 

[Conservative]

Tell that to the millions who gained employment thanks to Obama’s policies after losing it to Bush’s and the Republicans policies. Did Obama hand over a good economy, or not?

Would be happy to if those were meaningful jobs and not part time jobs for economic reasons, people who wanted full time jobs but couldn't find them

Below you will see the jobs Obama created which skew the employment data. In addition he had a Democratic Congress and his stimulus was passed almost day one. Employment was 146 million when the recession started and 152 million when he left office. Losing jobs and those jobs returning aren't new jobs created

Labor Force Statistics from the Current Population Survey
Original Data Value

Series Id: LNS12032194
Seasonally Adjusted
Series title: (Seas) Employment Level - Part-Time for Economic Reasons, All Industries
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
Hours at work: 1 to 34 hours
Reasons work not as scheduled: Economic reasons
Worker status/schedules: At work part time
Years: 2008 to 2018

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 4846 4902 4904 5220 5286 5540 5930 5851 6148 6690 7311 8029
2009 8046 8796 9145 8908 9113 9024 8891 9029 8847 8979 9114 9098
2010 8530 8936 9233 9178 8845 8577 8500 8800 9246 8837 8873 8935
2011 8470 8464 8645 8652 8576 8427 8281 8788 9166 8657 8447 8171
2012 8305 8238 7775 7913 8101 8072 8082 7974 8671 8203 8166 7943
2013 8151 8178 7722 7964 7937 8103 8099 7816 7764 7936 7718 7827
2014 7296 7299 7435 7509 7254 7422 7402 7177 7020 7025 6898 6856
2015 6808 6671 6629 6608 6628 6383 6249 6423 6043 5811 6174 6084
2016 5941 5978 6066 6006 6467 5748 5926 5995 5918 5971 5738 5621
2017 5753 5603 5455 5279 5234 5266 5281 5237 5179 4912 4866 4986
2018 4982 5115 4969 4952 4920 4736 4588 4368 4656 4630 4781 4657

 

[Mycroft]

https://www.foxbusiness.com/economy...jobs-in-december-missing-passing-expectations



Another month and economic results ignored by the left. Highest number of jobs created since the late 90's. Shows how those so called tariffs have hurt this country.

Keep focusing on the negative while Americans are going back to work. Total employment increase since Trump took office, 4.8 million, Previous months revised upwards as well. All good news thus that news has to be ignored by the radicals

 

[Sgt Meowenstein]

Would be happy to if those were meaningful jobs and not part time jobs for economic reasons, people who wanted full time jobs but couldn't find them

Below you will see the jobs Obama created which skew the employment data. In addition he had a Democratic Congress and his stimulus was passed almost day one. Employment was 146 million when the recession started and 152 million when he left office. Losing jobs and those jobs returning aren't new jobs created

:lamo right on cue

 

[markjs]

:lamo right on cue

Oh that guy? He doesn't need your participation in the debate. He KNOWS what you think and why you're wrong without your participation needed, ask him!

 

[Conservative]

:lamo right on cue

Apparently right on cue as well as neither you or any other liberal is interested data in context. You see a job regardless of quality matters only when a Democrat is in the WH but when a Republican it is all about quality except now we have quantity and quality. What is it about liberalism that creates people like you who ignore data and want badly to prop up failure?

 

[Conservative]

:lamo right on cue

Let's see if this resonates, the following is an example of what Obama and Trump have generated. Employment data includes part time for economic reasons so as you can see, When the recession began there were 146.4 million people employed and of that number 4.8 million were part time for economic reasons. In 2010 one year AFTER the stimulus that number was 138.4 million of which 8.5 million were part time for economic reasons. Going forward, 2016 or Obama's last year there were 152. 3 million employed including 5.6 million part time for economic reasons.

Today that is 157 million with 4.7 million part time for economic reasons. Should be quite obvious to you what kind of jobs Obama created and why things are so much better today. let's see if this resonates

Labor Force Statistics from the Current Population Survey
Original Data Value

Employment Minus Part time for Economic reasons/

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2008 146378 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142152 141640 140707 140656 140248 140009 139901 139492 138818 138432 138659 138013
2010 138438 138581 138751 139297 139241 139141 139179 139438 139396 139119 139044 139301

Part time for economic reasons
2008 4846 4902 4904 5220 5286 5540 5930 5851 6148 6690 7311 8029
2009 8046 8796 9145 8908 9113 9024 8891 9029 8847 8979 9114 9098
2010 8530 8936 9233 9178 8845 8577 8500 8800 9246 8837 8873 8935

Employment MINUS Part time for economic reasons

2008 141532 141254 141182 140912 140622 140197 139602 139352 138928 138112 136789 135340
2009 134106 132844 131562 131748 131135 130985 131010 130463 129971 129453 129545 128915
2010 129908 129645 129518 130119 130396 130564 130679 130638 130150 130282 130171 130366

2016 150622 150934 151146 150963 151074 151104 151450 151766 151877 151949 152150 152276
2017 152128 152417 152958 153150 152920 153176 153456 153591 154399 153847 153945 154065
2018 154482 155213 155160 155216 155539 155592 155964 155604 156069 156582 156803 156945

2016 5941 5978 6066 6006 6467 5748 5926 5995 5918 5971 5738 5621
2017 5753 5603 5455 5279 5234 5266 5281 5237 5179 4912 4866 4986
2018 4982 5115 4969 4952 4920 4736 4588 4368 4656 4630 4781 4657

2016 144681 144956 145080 144957 144607 145356 145524 145771 145959 145978 146412 146655
2017 146375 146814 147503 147871 147686 147910 148175 148354 149220 148935 149079 149079
2018 149500 150098 150191 150264 150619 150856 151376 151236 151413 151952 152022 152288

 

[99percenter]

Unemployment rate goes up. Trumps failed policies are taking effect.

 

[99percenter]

And this is my case for not wanting more H1Bs, H2Bs, or even seasonals at this time. I want supply and demand to increase American workers' wages, through free-market mechanisms.

I think tech companies will demand more h1bs with demand for work outpacing supply. I work as a java engineer and we can't find qualified US citizens to do the job. We didn't hire contract labor in our company but now we will be forced to. It sucks but not much you can do.

 

[Conservative]

Unemployment rate goes up. Trumps failed policies are taking effect.

Another clueless post from someone who doesn't understand the economic information being presented and why the rate went up. You can get that information by actually researching BLS and looking at things like Discouraged workers and where they went. If they stayed on the sidelines they aren't counted as unemployed and that benefits the unemployment rate, when they re-enter the market they are then counted and that will increase the unemployment rate. That is exactly what is happening, discouraged workers are re-entering the work force

https://www.cnbc.com/2019/01/04/nonfarm-payrolls-december-2018.html

The jobless rate, which was last higher in June, rose for the right reason as 419,000 new workers entered the workforce and the labor force participation rate increased to 63.1 percent. The participation level was up 0.2 percentage points from November and 0.4 percentage points compared with a year earlier.

 

[99percenter]

Another clueless post from someone who doesn't understand the economic information being presented and why the rate went up. You can get that information by actually researching BLS and looking at things like Discouraged workers and where they went. If they stayed on the sidelines they aren't counted as unemployed and that benefits the unemployment rate, when they re-enter the market they are then counted and that will increase the unemployment rate. That is exactly what is happening, discouraged workers are re-entering the work force

https://www.cnbc.com/2019/01/04/nonfarm-payrolls-december-2018.html

LOL. Trump is a failure. The economy is not growing and we are in a bear market. This is the just the residual effect of the obama bull market. When trump is up for reelection, the rate will hover around 5-6 percent. That is a nice prediction for trump. More a realistic one would be 7%.

 

[Fishking]

Whats truly amazing about the employment numbers is that we are basically at full employment. At some point employment gains would have to taper off simply because anyone who wants a job has one.

Except there can still be a growth in the job participation rates numbers as well. Further, we need extra jobs to have labor shortages to help wages increase. Then we can really start seeing things take off.

 

[Conservative]

LOL. Trump is a failure. The economy is not growing and we are in a bear market. This is the just the residual effect of the obama bull market. When trump is up for reelection, the rate will hover around 5-6 percent. That is a nice prediction for trump. More a realistic one would be 7%.

Yep, no question about it, the 312,000 jobs in December, the best manufacturing year since 1997, 3% GDP growth, a stock market up over 20% in two years, 2 TRILLION in GDP growth, 4.7 million new jobs created since 2017 are sure signs of a disaster, thanks for pointing that out

 

[Chomsky]

I think tech companies will demand more h1bs with demand for work outpacing supply. I work as a java engineer and we can't find qualified US citizens to do the job. We didn't hire contract labor in our company but now we will be forced to. It sucks but not much you can do.

Is your org paying high enough salaries? Offer enough cash, and they'll come.

But I'll share that I went through this in technology too, quite awhile back, in a then Fortune 50 corporation. Our System Engs were starting at around 60K out of school, and probably averaging around 85-90K for guys with 4 or 5 years in, with the higher paid more experienced guys getting into six figures.

Then corporate started bringing Indian HIB S.E.s in, at 27K! Yes, 27K! And the H1Bs were essentially handcuffed to our org for the next 5 or so years it takes to get clear of the H1B process, before they could be freed of what is essentially a period indentured servitude.

Within several years the department had an Indian manager, who seemed to only hire other H1B Indians. Then the Americans started getting laid-off. The worst aspect of this? As part of the layoff package, if an SE signed the legal docs to release the corp of liability and agreed to train their replacements, they got the bigger severance package. The additional severance money was substantial - I heard 30K from one guy I knew. And pretty much every guy took that route, and suffered the indignity of training their cheaper replacements while they were looking for other work elsewhere.

I can't tell you what a bad taste this left in my mouth towards H1B programs. I saw a lot of good talented guys shown the door. So I am against H1Bs in most instances, and prefer free-market principles within our country resolve the situation. Offer enough money (and reasonable working conditions), and more individuals will go into CS & Eng.

 

[YorkshirePete]

https://www.foxbusiness.com/economy...jobs-in-december-missing-passing-expectations



Another month and economic results ignored by the left. Highest number of jobs created since the late 90's. Shows how those so called tariffs have hurt this country.

Keep focusing on the negative while Americans are going back to work. Total employment increase since Trump took office, 4.8 million, Previous months revised upwards as well. All good news thus that news has to be ignored by the radicals

Not really, the data is following the curve of the last 8 years.
You seem to ignore the data and just swallow knees news?
You do know Obama had at least two > 300 months?
And the fat boys 2 years produced fewer jobs than Obamas last two years?
Deafening silence?
Were you cheering Obamas 300 months?

 

[YorkshirePete]

Not really, the data is following the curve of the last 8 years.
You seem to ignore the data and just swallow knees news?
You do know Obama had at least two > 300 months?
And the fat boys 2 years produced fewer jobs than Obamas last two years?
Deafening silence?
Were you cheering Obamas 300 months?

Oh I'm sorry, knees news business, figures.

 

[Conservative]

Not really, the data is following the curve of the last 8 years.
You seem to ignore the data and just swallow knees news?
You do know Obama had at least two > 300 months?
And the fat boys 2 years produced fewer jobs than Obamas last two years?
Deafening silence?
Were you cheering Obamas 300 months?

Yes, I know exactly what Obama created, part time jobs for economic reasons which to you don't matter. These are people who wanted full time jobs but couldn't find them in that booming Obama economy. Like most liberals bottom line is all that matters but in the real world context matters. Here is the context, the employment numbers include those part time jobs and further when the recession began there were 146 million Americans working, when Obama left office there were 152 million or 6 million NEW jobs created, A job lost that returns isn't a new job created so from January 2008 to January 2017 that is 6 million jobs created. Trump 4.7 million in 2 years. Why would anyone cheer Obama?

 

[Conservative]

Oh I'm sorry, knees news business, figures.

Tell me what is false about the 2 trillion dollar GDP Growth from 2017 through 2018? When did Obama generate 2 trillion in GDP growth? I know the data because I research the official sites, you buy what the left and media tell you thus don't have a lot of credibility.

 

[bluesmoke]

It really is frustrating dealing with people who are clueless on how to research data and continue to make wild claims over and over again about how great the Obama economy was. You ask for data and have provided none. I continue to post employment, GDP, and Treasury data over and over again only to be ignored.

You are absolutely right, I don't expect a reply from you because you have nothing to offer to support your claims, only media reports and opinions

I did make a mistake however as the link below shows, this was the best Manufacturing increase sine 1997 showing that the so called tariff scare was just that more leftwing scare tactics

Manufacturing posts best calendar year for job gains since 1997

You see actual data doesn't resonate with you or any other liberal because that isn't what you want to hear. You want to believe what the media tells you and since you liked Obama so much it is hard for you to accept the fact that his economy was the worst recovery in modern history and his job creation came mostly with part time jobs. Context matters except to you

When the recession started there were 146 million Americans Employed, when Obama left office it was 152 million, 6 million gain. Trump has gained 4.7 million in 2 years. A job loss that returns isn't a new job created no matter how you want to spin it

Again, you didn’t cite any source or fact to refute what I posted. Then, again, you make another unsupported claim over the wrong time period:

“When the recession started there were 146 million Americans Employed, when Obama left office it was 152 million, 6 million gain. Trump has gained 4.7 million in 2 years.”

Did you know that the Great Recession started more than 19 months before Obama took office?

 

[ludin]

US economy added 312,000 jobs in December, blowing past expectations | Fox Business



Another month and economic results ignored by the left. Highest number of jobs created since the late 90's. Shows how those so called tariffs have hurt this country.

Keep focusing on the negative while Americans are going back to work. Total employment increase since Trump took office, 4.8 million, Previous months revised upwards as well. All good news thus that news has to be ignored by the radicals

This is what is going to get trump re-elected.
usually if the economy is doing well and people are working and wages are up then he will stay in office.

there is going to be little to do that anyone can put in front of it.
all those tax cuts and more money back to people that can utilize it instead of the government is doing a
good job.