The report supports suspicions that the labor market is finally slowing down from its blistering pace in 2018, with revisions to the past two months subtracting 75,000 jobs. Employers have added 164,000 jobs per month on average in 2019, compared with 223,000 jobs per month last year.
International trade tensions are fueling concerns that the high-flying economy may be in for a fall. President Donald Trump's threat to impose tariffs on Mexico following additional tariffs on China, could send the global economy toward a recession, some economists warn. Those jitters could explain why hiring has been volatile over the last several months.
2010 | 862 |
2011 | 881 |
2012 | 1,037 |
2013 | 1,026 |
2014 | 1,143 |
2015 | 1,157 |
2016 | 782 |
2017 | 861 |
2018 | 1,149 |
2019 | 820 |
[h=1]US economy added only 75,000 jobs in May[/h]
2018 wasn't "blistering" in terms of job gains. Here is the YTD gains by year starting in 2010. Of the ten years, five were similar to 2018.
2010
862
2011
881
2012 1,037
2013 1,026
2014 1,143
2015 1,157
2016
782
2017 861
2018 1,149
2019
820
I feel I can confidently say Trump will never place a 25% tariff on Mexican imported goods.Trump is pressuring the Fed Reserve to lower interest rates by a full percentage point. Why would he want that? It's a very simple explanation. The fate of his economy hinges on it. Trump said the U.S. economy has “the potential to go up like a rocket” if the Fed would lower interest rates “like one point” and resume quantitative easing, a bond-buying program launched by the Fed in 2008 in the wake of the financial crisis to stop the collapse of the housing market and increase the supply of money in the economy.
Trump is trying to get the interest rates reduced to offset the enormous costs his tariffs have created for manufacturers. A recession is coming and Trump's only way to stall it is to cut interest rates. The stock market will like it and Trump bases the economy solely on the stock market. People are fearful of a recession and that's why the Dow dropped last week. Now with the rumor of a rate drop, the market is hopeful in anticipation of it happening.
The market is focused not only on the U.S. but also on what’s happening in China, what’s happening in Mexico, what's happening in Iran and N. Korea and the rest of the world and that political uncertainty, whether through trade policy or whatever, how likely is that to persist and give life to a recession.
I feel I can confidently say Trump will never place a 25% tariff on Mexican imported goods.
He may screw a lot of stuff up, but he'll never get to 25%. Just like he never got his wall, by shutting down the government. It ain't gonna' happen!
Yep.Ultimately, is impoverishing Mexico a solution? No. That'll make things worse.
It's a simple ask that will cost Mexico virtually nothing . The tariff is the cost to Mexico of doing nothing. Right now America is baring all the cost of Mexico doing nothing.Ultimately, is impoverishing Mexico a solution? No. That'll make things worse.
It's a simple ask that will cost Mexico virtually nothing . The tariff is the cost to Mexico of doing nothing. Right now America is baring all the cost of Mexico doing nothing.
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It devastates Mexico's exports to America, a major if not largest source of income for the nation.
You can get as hateful and crazy as you want, but reality and facts remain.
Are you from Mexico? What do you think Mexico’s practices have done to the American pocketbook?
US economy added only 75,000 jobs in May
Well, the cost is to me & you actually. We pay those taxes.It's a simple ask that will cost Mexico virtually nothing . The tariff is the cost to Mexico of doing nothing. Right now America is baring all the cost of Mexico doing nothing.
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To say nothing of the costs to American businesses and jobs! :dohIt devastates Mexico's exports to America, a major if not largest source of income for the nation.
You can get as hateful and crazy as you want, but reality and facts remain.
How much is the million new dependents this year going to cost? The goal of the tariffs is NOT to impose them.Well, the cost is to me & you actually. We pay those taxes.
Your wage plight is not alone.honestly, given the current circumstances, that isn't a bad number. at this level of employment and with a complete idiot ****ing with the economy constantly, i'd probably start calling bull**** on 200k+ jobs reports at some point. what does kind of suck is that my wage growth definitely doesn't reflect these numbers. my raises keep up with inflation at best even though my workload has gone up significantly. i would discourage people from moving to a right to work for less red state unless there is a significant family reason.
What does work?
The goal, is to reduce illegal immigration. That takes leadership and a comprehensive immigration plan with Congress. DACA for a wall, would have been a great start. Unfortunately, leadership and coalition & consensus building is above Trump's abilities. And here we are, worse than under Obama, worse since he attained Office.How much is the million new dependents this year going to cost? The goal of the tariffs is NOT to impose them.
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Well, the cost is to me & you actually. We pay those taxes.
The goal, is to reduce illegal immigration. That takes leadership and a comprehensive immigration plan with Congress. DACA for a wall, would have been a great start. Unfortunately, leadership and coalition & consensus building is above Trump's abilities. And here we are, worse than under Obama, worse since he attained Office.
The Cartels are getting rich smuggling people. Meanwhile Mexico looks the other way. I wonder if the officials are being bribed to look the other way as illegals pass through Mexico. The tariffs may get their attention.It devastates Mexico's exports to America, a major if not largest source of income for the nation.
You can get as hateful and crazy as you want, but reality and facts remain.
It's a simple ask that will cost Mexico virtually nothing . The tariff is the cost to Mexico of doing nothing. Right now America is baring all the cost of Mexico doing nothing.
[h=1]US economy added only 75,000 jobs in May[/h]
2018 wasn't "blistering" in terms of job gains. Here is the YTD gains by year starting in 2010. Of the ten years, five were similar to 2018.
2010
862
2011
881
2012 1,037
2013 1,026
2014 1,143
2015 1,157
2016
782
2017 861
2018 1,149
2019
820
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