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Strong Jobs report
Posted on 12/6/19 at 7:36 am
Posted on 12/6/19 at 7:36 am
Huge jobs report numbers today. 266,000 new jobs in November versus an expected 187,000.
Is inflation a concern? Doesn’t look like it
Are we running out of workers? Maybe
Stocks will have a very good day
Is inflation a concern? Doesn’t look like it
Are we running out of workers? Maybe
Stocks will have a very good day
3
Posted on 12/6/19 at 7:40 am to MissWalkOn
quote:LINK
The unemployment rate ticked down slightly to 3.5 percent as more people were looking for work, returning to a 50-year low. The labor force participation rate was little changed at 63.2 percent. Average hourly earnings, meanwhile, rose by 3.1 percent over the past year to $28.29.
Posted on 12/6/19 at 8:00 am to MissWalkOn
Huge number. If trump were to announce phase 1 deal today stocks would soar. Economy is in a great spot
Posted on 12/6/19 at 9:20 am to LSURussian
quote:
Average hourly earnings, meanwhile, rose by 3.1 percent over the past year to $28.29.
The average hourly worker in America is making $28.29?
Posted on 12/6/19 at 9:53 am to kywildcatfanone
quote:That's what the report says.
The average hourly worker in America is making $28.29?
That figure is "hourly earnings" which include benefits such as health insurance costs borne by the employer.
Posted on 12/6/19 at 10:32 am to thatguy777
quote:
Huge number. If trump were to announce phase 1 deal today stocks would soar. Economy is in a great spot
I'd be happier giving some up and Trump telling China where to stick it.
We don't need phase 1 deal right now; delaying it would force more migration out of china.
This from someone who is very invested in equities right now.
Posted on 12/6/19 at 10:37 am to Pendulum
I'm all for anything that keeps the stock market growing. Hoping to retire in 3 years, lol.
Posted on 12/6/19 at 10:39 am to kywildcatfanone
I hear ya, I'm in my early 30's so completely different point of view 
Posted on 12/6/19 at 11:26 am to MissWalkOn
What about Louisiana?
Posted on 12/6/19 at 8:03 pm to thatguy777
Saving it for closer to the election
Posted on 12/6/19 at 9:00 pm to Veritas
I tend to agree. It was just a hypothetical
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