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coorslite21
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Shabibilicious
Shabibilicious

.....and this....         ....while ignoring this....     Other than those things, he's a fairly competent former reality star.     GO RV, then BV

coorslite21
coorslite21

Good Evening from the Swamp.....     There are several who post here that seem to either dislike the GOP, or Trump, or both.   I would ask.....Positive or negative.....?

bostonangler
bostonangler

A trend that started several years ago, and what happened to all those under employed and those off unemployment. Remember during the election the media left and right said the unemployment numbers we

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Shabibilicious Mentor

Shabibilicious

Posted

BOOM: U.S. adds whopping 312,000 jobs in December

b8a23750-94e1-11e6-86b6-b35ffeea45c2_fin Emily McCormick  

 

The Bureau of Labor Statistics reported Friday that non-farm payrolls rose to 312,000 in December, surging past expectations of 184,000. The BLS also upwardly revised its figure for non-farm payroll additions in November to 176,000, from 155,000 previously reported.

The unemployment rate rose to 3.9% in December. The unemployment rate was 3.7% in November, the lowest overall unemployment level since 1969.

Average hourly earnings – a closely watched metric of inflation pressures in the economy – increased 0.4% over last month and 3.2% over the previous year. This exceeded expectations of wage growth of 0.3% over last month and 3% over last year. Wages rose 3.1% over the prior year in both November and October.

The results of Friday’s job report do not capture any impact from the ongoing partial government shutdown, which began after the Labor Department conducted the survey. An extended shutdown, however, could go on to affect January’s figures.

Friday’s jobs report comes as other key indicators of economic strength in the U.S. have begun to deteriorate. The past month’s manufacturing surveys from the New York, Philadelphia, Richmond and Dallas Federal Reserve banks each disappointed, and The Conference Board’s latest reading on consumer confidence sagged to a six-month low. Growth in the housing has been crimped by historically high mortgage rates, with the average rate on a 30-year fixed rate mortgage climbing to the highest level since February 2011 at the beginning of November before retreating slightly over the past several weeks.

Earlier this week, both the Institute of Supply Management and IHS Markit reported a slower pace of expansion in U.S. manufacturing sector activity. ISM’s manufacturing index experienced the worst monthly drop since October 2008. However, the manufacturing sector added 32,000 positions in December, and also grew according to the previous two jobs reports.

The labor market has so far been a bright spot even against a backdrop of a swooning stock market, ongoing trade tensions and tightening monetary policy, each of which has contributed to weakness in other areas of the economy. In the first 11 months of 2018, employers added more positions than they did during the same period in 2017.

Worker At Construction Site Is Fixing The Form For The Beam Worker At Construction Site Is Fixing The Form For The Beam

“While there’s been a tremendous amount of volatility in financial markets as well as in the political realm, it appears the U.S. economy is continuing to perform reasonably well,” Mark Hamrick, Bankrate.com’s senior economic analyst, said in a statement prior to Friday’s jobs report.

But a tight labor market may not come without consequence. Many investors are concerned that a combination of a low unemployment rate and strong wage growth will spur policymakers to push for additional rate increases to stave off inflation. However, Federal Reserve Chairman Jerome Powell said during a press conference after the Federal Open Market Committee’s December meeting that wage increases would be “a welcomed development” and “need not be inflationary.”

On Thursday, the ADP Research Institute released its own national employment figures and reported that the U.S. added 271,000 private sector jobs in December. This represented the strongest monthly gain since February 2017, and far exceeded consensus estimates of 180,000 new positions added for the month. The results of ADP’s report, however, tends to diverge from the “official” BLS survey results since the former counts all employees listed as active on an employer’s payroll, while the latter tallies only employees actually paid during the survey period.

 

https://www.yahoo.com/finance/news/live-u-jobs-report-124747132.html

 

GO RV, then BV

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coorslite21 Grand Master

coorslite21

Posted
  • Author
50 minutes ago, Shabibilicious said:

BOOM: U.S. adds whopping 312,000 jobs in December

b8a23750-94e1-11e6-86b6-b35ffeea45c2_fin Emily McCormick  

 

The Bureau of Labor Statistics reported Friday that non-farm payrolls rose to 312,000 in December, surging past expectations of 184,000. The BLS also upwardly revised its figure for non-farm payroll additions in November to 176,000, from 155,000 previously reported.

The unemployment rate rose to 3.9% in December. The unemployment rate was 3.7% in November, the lowest overall unemployment level since 1969.

Average hourly earnings – a closely watched metric of inflation pressures in the economy – increased 0.4% over last month and 3.2% over the previous year. This exceeded expectations of wage growth of 0.3% over last month and 3% over last year. Wages rose 3.1% over the prior year in both November and October.

The results of Friday’s job report do not capture any impact from the ongoing partial government shutdown, which began after the Labor Department conducted the survey. An extended shutdown, however, could go on to affect January’s figures.

Friday’s jobs report comes as other key indicators of economic strength in the U.S. have begun to deteriorate. The past month’s manufacturing surveys from the New York, Philadelphia, Richmond and Dallas Federal Reserve banks each disappointed, and The Conference Board’s latest reading on consumer confidence sagged to a six-month low. Growth in the housing has been crimped by historically high mortgage rates, with the average rate on a 30-year fixed rate mortgage climbing to the highest level since February 2011 at the beginning of November before retreating slightly over the past several weeks.

Earlier this week, both the Institute of Supply Management and IHS Markit reported a slower pace of expansion in U.S. manufacturing sector activity. ISM’s manufacturing index experienced the worst monthly drop since October 2008. However, the manufacturing sector added 32,000 positions in December, and also grew according to the previous two jobs reports.

The labor market has so far been a bright spot even against a backdrop of a swooning stock market, ongoing trade tensions and tightening monetary policy, each of which has contributed to weakness in other areas of the economy. In the first 11 months of 2018, employers added more positions than they did during the same period in 2017.

Worker At Construction Site Is Fixing The Form For The Beam Worker At Construction Site Is Fixing The Form For The Beam

“While there’s been a tremendous amount of volatility in financial markets as well as in the political realm, it appears the U.S. economy is continuing to perform reasonably well,” Mark Hamrick, Bankrate.com’s senior economic analyst, said in a statement prior to Friday’s jobs report.

But a tight labor market may not come without consequence. Many investors are concerned that a combination of a low unemployment rate and strong wage growth will spur policymakers to push for additional rate increases to stave off inflation. However, Federal Reserve Chairman Jerome Powell said during a press conference after the Federal Open Market Committee’s December meeting that wage increases would be “a welcomed development” and “need not be inflationary.”

On Thursday, the ADP Research Institute released its own national employment figures and reported that the U.S. added 271,000 private sector jobs in December. This represented the strongest monthly gain since February 2017, and far exceeded consensus estimates of 180,000 new positions added for the month. The results of ADP’s report, however, tends to diverge from the “official” BLS survey results since the former counts all employees listed as active on an employer’s payroll, while the latter tallies only employees actually paid during the survey period.

 

https://www.yahoo.com/finance/news/live-u-jobs-report-124747132.html

 

GO RV, then BV

 

These number games have always amused me.  December #'s always include the seasonal hires.....just temps....

All of these stats can be made to indicate what ever the writer is trying to spin.....JMO......CL

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Shabibilicious Mentor

Shabibilicious

Posted
27 minutes ago, coorslite21 said:

 

These number games have always amused me.  December #'s always include the seasonal hires.....just temps....

All of these stats can be made to indicate what ever the writer is trying to spin.....JMO......CL

 

I can always count on you to be paying attention, CL.  ;)

 

GO RV, then BV

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yota691 Grand Master

yota691

Posted

BREAKING 🔴 President Trump Signs the Most IMPORTANT Executive Order of his Presidency
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Golden State Times
Published on Jan 31, 2019
Breaking News President Trump signs an Important executive order at the White House
President Trump delivers remarks at an executive order signing ceremony aimed at helping American manufacturers. He says he doesn’t expect much from the House-Senate conference on border security and reiterates his call for wall funding.

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