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Started By
Message
Wage growth hits a new post-recession high
Posted on 1/6/17 at 8:41 am
Posted on 1/6/17 at 8:41 am
quote:
According to the December jobs report, average hourly earnings grew by 2.9%, a new post-crisis high and slightly beating the Bloomberg economists' consensus expectation of 2.8%.
LINK
Over/under on Trump claiming credit for when wage growth is under 2.9% in January?
7
Posted on 1/6/17 at 8:42 am to VOLhalla
This doesn't mean what you think it means.
Posted on 1/6/17 at 8:43 am to VOLhalla
We are cheering about 2.9% wage growth and 150k (43k part time) in job creation?
Thanks Obama
Thanks Obama
This post was edited on 1/6/17 at 8:44 am
Posted on 1/6/17 at 8:44 am to VOLhalla
So the best Obama could muster in 8 years is still shittier than Bush's last few years. 
Posted on 1/6/17 at 9:00 am to VOLhalla
Thanks Obama!
Posted on 1/6/17 at 9:04 am to VOLhalla
Thanks for pointing out just how bad the 8 years have been, but we already knew that didn't we?
This post was edited on 1/6/17 at 9:15 am
Posted on 1/6/17 at 9:09 am to VOLhalla
95000000 Americans have left the workforce, up 18% since Obama took office. Also a record!
all Obama does is win!
all Obama does is win!
This post was edited on 1/6/17 at 9:21 am
Posted on 1/6/17 at 9:21 am to VOLhalla
Apparently part-time employees are being paid a bit more than they were during most of the recession.....
Posted on 1/6/17 at 9:26 am to GurleyGirl
I'd be interested to see the math. I know my total comp is up as my employer has absorbed a higher percentage of rising health insurance premiums over a smaller population of employees.
#obamamath
#obamamath
Posted on 1/6/17 at 9:26 am to Vacherie Saint
quote:
95000000 Americans have left the workforc
What an economic plan. Early retirement for 95000000 Americans.
Posted on 1/6/17 at 9:30 am to roygu
1/3 of Americans have left the workforce?
Wut?
Wut?
Posted on 1/6/17 at 9:32 am to doubleb
quote:
Thanks for pointing out just how bad the 8 years have been, but we already knew that didn't we?
Do you people remember how bad it was in 2008 and 2009?
I'm not a huge Obama fan but come on! We were in the midst of a Great Recession where the markets, auto industry, and housing prices near bottomed out. But yet things bounced back to stable and growing conditions.
It's like taking a shite sandwich and turning it into a cheap roast beef poboy. While Obama didn't turn that shite sandwich into a lobster dinner, a good roast beef ain't bad.
This post was edited on 1/6/17 at 9:33 am
Posted on 1/6/17 at 9:55 am to Vacherie Saint
Zerohedge has an interesting breakdown on the earnings growth as well. Wealth gap widening
LINK
Speaks to the growing populism in America imo.
ETA: That being said, yes Trump and Trumpkins will likely take any "good" economic indicator and attribute it to Trump after inauguration. They're a mindless horde.
LINK
Speaks to the growing populism in America imo.
ETA: That being said, yes Trump and Trumpkins will likely take any "good" economic indicator and attribute it to Trump after inauguration. They're a mindless horde.
This post was edited on 1/6/17 at 9:57 am
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