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Job numbers beat.. 225k add... last 2 months revised up U6 DROPS

Posted on 7/7/17 at 7:33 am
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 7/7/17 at 7:33 am
Awesome numbers.. will link when i can
This post was edited on 7/7/17 at 7:38 am
Posted by EZE Tiger Fan
Member since Jul 2004
50305 posts
Posted on 7/7/17 at 7:35 am to
Wow. This is a new pattern, if true.

Revised UP? Why, that hardly ever happened during the...

Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 7/7/17 at 7:36 am to
Also wages up, unemployment down, labor participation rate 62.8 %, average hourly earnings up .2%, growth in all sectors. This is fantastic!
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 7/7/17 at 7:40 am to
April and May reports also revised up to 207k and 152k, respectively.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11812 posts
Posted on 7/7/17 at 7:40 am to
good start for a struggling economy. not sure who to give credit for this, but dont really care. good news for the country is all that matters.
Posted by SirWinston
PNW
Member since Jul 2014
81777 posts
Posted on 7/7/17 at 7:42 am to
Yah the stuttering Kenyans lackeys would always overshoot the numbers for great headlines and then quietly revise downwards later when it would land on D-11 of the NYT
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 7/7/17 at 7:43 am to
quote:

not sure who to give credit for this


For Christ sake give it up, Obama's policies are not contributing to these numbers, if they were, then why were his numbers shite the last few YEARS?
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 7/7/17 at 7:47 am to
Nyt headline:


U.S. Labor Market Roars Back, Adding 222,000 Jobs in June
Posted by skrayper
21-0 Asterisk Drive
Member since Nov 2012
30887 posts
Posted on 7/7/17 at 7:50 am to
quote:

For Christ sake give it up, Obama's policies are not contributing to these numbers, if they were, then why were his numbers shite the last few YEARS?


There are people who credit Reagan policies for the economic boon of the 90s.
Posted by Kino74
Denham springs
Member since Nov 2013
5344 posts
Posted on 7/7/17 at 7:59 am to
quote:

There are people who credit Reagan policies for the economic boon of the 90s.



The tech companies that drove the 90s boom went IPO in the 80s. I see the same thing happening under Trump. We should see quite a few startups and and about 8 years, the IPOs will push another wave.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/7/17 at 8:18 am to
quote:

good start for a struggling economy. not sure who to give credit for this, but dont really care. good news for the country is all that matters.


Businesses hate uncertainty.

When you're throwing new regulations at them every month while simultaneously articulating massive plans for taxing them and changing their entire Human Resource structure(health care), rational business leaders go super cautious.

Leftists don't understand this because they don't know where jobs come from and they don't care about the risk analysis process.

Or, maybe they just don't care. Either way. Same result.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79221 posts
Posted on 7/7/17 at 8:20 am to
quote:

good start for a struggling economy. not sure who to give credit for this, but dont really care. good news for the country is all that matters.



haha downvoted for not giving enough praise to dear leader
Posted by Lou Pai
Member since Dec 2014
28120 posts
Posted on 7/7/17 at 8:33 am to
Not really awesome, but somewhat positive. Wage growth continues to disappoint.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21250 posts
Posted on 7/7/17 at 8:36 am to
Thank you President Obama






























For being so crappy you guaranteed no Democrat would follow you. Well played sir, well played.
Posted by wickowick
Head of Island
Member since Dec 2006
45810 posts
Posted on 7/7/17 at 8:42 am to
quote:

Not really awesome, but somewhat positive. Wage growth continues to disappoint.


We won't start seeing wage growth till supply starts to tighten...
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98829 posts
Posted on 7/7/17 at 8:45 am to
quote:

There are people who credit Reagan policies for the economic boon of the 90s.


As they should. His was an unabashedly pro-growth agenda.

Please point me to the pro-growth aspects of Obama's policies (and government stimulus doesn't count).
Posted by Lou Pai
Member since Dec 2014
28120 posts
Posted on 7/7/17 at 8:46 am to
But it has been gradually tightening.
Posted by Jjdoc
Cali
Member since Mar 2016
53472 posts
Posted on 7/7/17 at 8:49 am to
Saw a slight increase....
Posted by the808bass
The Lou
Member since Oct 2012
111529 posts
Posted on 7/7/17 at 8:50 am to
quote:

Leftists don't understand this because they don't know where jobs come from and they don't care about the risk analysis process.


They don't understand because they're not responsible for running businesses that have to face this type of regulation. And the really big businesses just lobby to get the regulations to skew their way. So they end up being fine with government regulations.
Posted by FanInLA
Member since May 2008
4966 posts
Posted on 7/7/17 at 8:54 am to
quote:

Since 2010 the U.S. has added 16.4M jobs but pace has been slowing.

Avg. monthly job gains:
2017: +162K
2016: +187K
2015: +226K
2014: +250K


.gov
This post was edited on 7/7/17 at 8:56 am
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