Hiring by US businesses hits a record high

KEY POINTS

• Hirings increased to 5.9 million in April, the highest level since the Labor Department started keeping track.
• That came as total job openings exceeded workers classified as unemployed by 1.63 million.

...“In sum, the labor market remains strong and poised for continued solid job growth,” Ward McCarthy, chief financial U.S. economist at Jefferies, said in a note. “Despite the 21.4 [million] private sector jobs that have been generated to-date this cycle, the private business sector continues to generate a very strong demand for labor that is evidenced by the very large number of job openings that business wants to fill. The biggest threat to job growth is available supply, not demand for labor.”

https://www.cnbc.com/2019/06/10/jol...point6-million-more-jobs-than-unemployed.html


Hiring is at the highest levels ever per the dept of labor.

And businesses would hire more if they could.

Real wages are also rising, and taxes have been cut.

Historically, a strong economy and low unemployment are good for the party in power.

 

But, but, BUT WHAT about Russia?!?...

 

It's great to get out of the stagnation and bank bailouts of the Obama era. It's nice to see Main Street catch up to Dem donors at Wall Street

 

Employment has been on an upward trend for years before Trump took office. The only people crediting Trump are those who 1) are unaware of the facts or 2) are deceiving those who are unaware of the facts.

 

Does something like half the population still works for just 15 bucks an hour?

 

This is more then unemployment rates, it's economic growth. When Trump took over after 8 years of Obama....we had stag economic growth...like 1.8%.

 

Because GWB crashed the economy of the entire world. You just don't go from one of the biggest recessions of the last 100 years, to a booming economy the next year. It doesn't work like that.


Besides... we all know that Trump gave a massive tax deduction for the filthy rich by borrowing money from the bank. No clue how to repay it all. That's a problem the next president has to solve.

 

No.



Wages in the United States increased to 23.38 USD/Hour in May from 23.31 USD/Hour in April of 2019. Wages in the United States averaged 11.24 USD/Hour from 1964 until 2019, reaching an all time high of 23.38 USD/Hour in May of 2019 and a record low of 2.50 USD/Hour in February of 1964.

https://tradingeconomics.com/united-states/wages

As mentioned in the OP, employers want more employees.

Often that means they will increase wages or benefits.

 

What did Bush do to crash the economy?

And yoga re wrong, usually when you break out of a recession, economic growth starts rapidly, then slows. Under Obama it started slow and almost to the minute Trump was elected it started ramping up.


And the childish wealth envy in the last part isnt worth further comment.

 

Righty logic. Amazing.

Looks like it's flattening out.



Trump broke it.

 

Every economic indicator Trump has taken credit for and that his followers have given him credit for was on an upward trend for years before Trump took office. All of them. Whoever told you that economic growth was stagnant throughout those years is lying to you.

 

It still could mean half the country earns 15 bucks or less. Because say 50% of the country earn on average 12 bucks an hour,... than the average of the entire country could be 30 bucks,... depending how much the other people make.

 

He let the economy set it's course,... causing the subprime mortgage crisis.


And don't give me this crap about, the dems make the banks sell mortgages to poor people.
The banks bundled those mortgages of poor people = high risk, with lots of other mortgages into a new product.
And nobody knew what risk those products had. That's where it all went terrible wrong.

 

And?

 

GWB didn't crash the economy. The mortgage crisis was a longtime in the making starting with Carter and made worse by Clinton.

 

No, that was Carter and Clinton that set the course.

 

50% of the country earns 23.31/hr or less.

Im citing BLM, you are citing nothing.

 

Of course he's citing nothing.

They get their talking points from fake news.

 

Often, but not yet.
Your chart does a good job showing that the rich are getting richer.
Try looking at median wages.
While your at it, look at real wages after inflation.

 

Eating the rich is part of leftist dogma.

If top democrats had the choice of making america better or going after the wealthy-well we know how that goes.

 

If so... than half of the country is still payed rather poorly.

GWB was 8 years at the helm, and he let is all happen under his watch. His fault.

 

You're average wage does not show that it could be the top 1% getting a massive wage increase and the bottom 50% absolutely nothing. And with that, I am not disputing your source. I'm just saying that it does not disprove the possibility that half the country earns 15 bucks or less.

 

The vast majority of rich started with nothing and earned their wealth. It wasn't inherited.

Two thirds of billionaires made it themselves...
https://www.cnbc.com/2014/10/03/two-thirds-of-billionaires-made-it-themselves.html

Same goes with millionaires. They earned it.

 

I was asked about the median wage.

That by definition is a course definition.

If he wants to make your claim, all he has to do is provide data.

 

It happened in 2008 when the Democrats controlled the house of representatives and were in control of the finance and banking committees.

The President of the United States can't create or pass laws

Here are the Democrats that said there wasn't a problem and there was nothing to fix...