U.S. Economy Added 304,000 Jobs in January; Unemployment at 4%

Discussion in 'Current Events' started by Mrlucky, Feb 1, 2019.

  1. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Tony1957, headhawg7, Ddyad and 2 others like this.
  2. Bearack

    Bearack Well-Known Member

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    Que liberal responses to paint jobs report as doom and gloom.
     
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  3. Vote4Future

    Vote4Future Well-Known Member

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    Awesome news!
     
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  4. rahl

    rahl Banned

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    Good news. I'm glad the trend has continued on the same upward swing as it has for the past 9 years! Hopefully it can keep going.
     
  5. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Hiring even ticked up in sectors like mining and manufacturing, an encouraging development for analysts worried about a sharp slowdown in economic activity this year.

    Labor Force Participation at Highest Since 2013
    The share of the population that is in the labor force, that is either working or looking for work, climbed slightly to 63.2%, the highest since 2013. The share of the population with a job also climbed slightly, reaching its highest mark since 2008.

    Making America Great Again!
     
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  6. Quadhole

    Quadhole Well-Known Member

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    More BS from the make America Great again Paid Pundits.
    That was last months number too, that was revised 90,000 down. So TODAY, you can put out a Faux number of 304,000 and next month when it falls by 100K, dont mention it. Just put out next month BS numbers.

    Why is it everyone loves to post the lie, sell the rumor as a FACT. MAGA isn't happening, it isn't that TRUMP can't do it ! No one can do it, it does not matter who the politician is right now. The FED and the Rich have the working class boxed in. This is like 2007 all over again, I can only imagine how you were writing the same BS back then. Nothing has changed for the Good and everything has changed for the BAD. just because Hyped PR, and Propaganda is posted each day, does NOT make the economy and working class in a better position.
     
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  7. Quadhole

    Quadhole Well-Known Member

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    Back in 1970 this would be a 20
    ++++% unemployment rate. So, because they move the goal posts, does not make it better.
     
  8. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    That makes Berry's numbers look even worse. You lose either way.
     
  9. Quadhole

    Quadhole Well-Known Member

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    The pay rate of ALL jobs in comparison to 1980 is down 50%. That is how far under funded the working class is today vs the REAL inflation increases of 5% YoY. Not the BS CPI the govt puts out for the Sheeple to believe. That is once again, a FAUX - Propaganda Gov't number. Once again, it isn't a TRUMP thing, or an OBAMA thing, or Congress. It is the FED that has changed the data to appease the Politicians and make Americans think things are OK.

    They are Far from OK. !
     
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  10. Quadhole

    Quadhole Well-Known Member

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    How does a POSTER Lose ? Why is telling the Truth beyond the Grasp of so many in the business of Lying ?
    Plus, that comment makes no sense at all. Just weird...
     
    Last edited: Feb 1, 2019
  11. Quadhole

    Quadhole Well-Known Member

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    Larry Kudlow will be on Bloomberg in 13 minutes if you want a dose of More lies and manipulation to fuel the Ego of those that. BELIEVE I believe, hallllalula !!!!!
     
  12. rahl

    rahl Banned

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    Oh I totally agree that the middle class and working poor have been ****ed on a daily basis since the great Reagan trickle down revolution.

    I was just pointing out this single months of jobs gain is simply a continuation of the economic trend of the past 9 years, and not anything to do with trump.
     
    Last edited: Feb 1, 2019
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  13. rahl

    rahl Banned

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    all a continuation of the same trend over the past 9 years. MAGA began in 2010.
     
  14. Roy D. Mercer

    Roy D. Mercer Newly Registered

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    I am so grateful that OUR president is MAKING AMERICA GREAT AGAIN!
     
  15. Bluesguy

    Bluesguy Well-Known Member Donor

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    Yes another excellent report. Blew past Wall Streets expected 165,000, LFPR up, wages and salaries up. Unemployment ticked up a hair due to the shutdown.
     
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  16. Bluesguy

    Bluesguy Well-Known Member Donor

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    Refuted every time post it why do you keep repeating it?

    Good numbers and the best employment situation it decades in spite of the fact Obama said these jobs would never come back.
     
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  17. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    What one hand gives the other sometimes takes away: the revision to December’s total BLS jobs picture came way down — from an initially reported 312K for the month to 222K today. This is one of the largest month-over-month corrections we have ever seen in this data. November revisions actually went up by 20K to 196K new jobs. This is a good reason to explain why we often like to rely on the 3-month moving average, which as of this morning is 241K per month — still simply outstanding jobs growth. Analysts usually cite a run rate of around 100K jobs per month needed to keep overall employment growing.

    https://www.zacks.com/stock/news/351610/jobs-grow-304k-in-january-december-revised-way-down
     
  18. rahl

    rahl Banned

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    Trump was president in 2010, when this trend started? lol
     
  19. Bluesguy

    Bluesguy Well-Known Member Donor

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    Average annual income in the United States during the 1980s was $15,757.
    The national average wage index for 2017 is $50,321.89.
    According to the Bureau of Labor Statistics consumer price index, prices in 2018 are 204.74% higher than prices in 1980. The dollar experienced an average inflation rate of 2.98% per year during this period.

    So $48,058 inflation $50,321.89 actual or 4.7% OVER the rate of inflation.
    And had we not had the period we just had under Democrat policies where incomes fell and we are still trying to bake up the the rate OVER inflation would be higher.

    http://www.answers.com/Q/What_was_the_average_salary_in_1980
    https://www.ssa.gov/OACT/COLA/AWI.html
    http://www.in2013dollars.com/1980-dollars-in-2018?amount=1
     
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  20. TexMexChef

    TexMexChef Well-Known Member

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    A jobs report is just that. It is not one of the more important indicators of economic health.

    Maybe you're thinking of the GDP report.
     
    Last edited: Feb 1, 2019
  21. rahl

    rahl Banned

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  22. liberalminority

    liberalminority Well-Known Member

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    tax cuts and less regulations are not enough, the immigrants and obama care are still dragging down the economy.
     
  23. jay runner

    jay runner Banned

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    Blue collar and service wages rising the fastest, jobs for the college educated lagging behind somewhat.

    That's the way it ought to be.
     
  24. jay runner

    jay runner Banned

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    We got to just keep hitting that immigration tackling dummy until the immigration tackling dummy falls apart.

    That's the way it ought to be.
     
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  25. drluggit

    drluggit Well-Known Member

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    Nah. We steadfastly refuse to accept the insertion of this kind of lie. Democrats, to a person it seems, understand that tanking the economy at any cost is the only way they get a shot at getting the WH back. So, here you have an example of the kind of BS that the left will be indulging in for the foreseeable future.
     
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