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Started By
Message
Jobs Blowout! 304,000 non-farm payrolls added in January
Posted on 2/1/19 at 7:44 am
Posted on 2/1/19 at 7:44 am
quote:
The U.S. economy added 304,000 non-farm payrolls in the first month of 2019, ahead of consensus expectations of 165,000.
LINK
Posted on 2/1/19 at 7:45 am to NC_Tigah
but but but orange man not good and doing bad stuff
Posted on 2/1/19 at 7:46 am to NC_Tigah
Good Lord that is a huge number.
Posted on 2/1/19 at 8:37 am to NC_Tigah
I remember the days when this use to be big news but now that the snowflakes have taken over front and center social programs, it's now just a yawn with the media and the left of center populace.
Posted on 2/1/19 at 8:40 am to GumboPot
quote:
Good Lord that is a huge number.
Huge wand
9 inches long and shaped like a mushroom
Posted on 2/1/19 at 8:45 am to Bourre
Even with Government shut down...imagine if Nancy Pelosi and Chucky hadn't played politics...this jobs report might have been even higher. 12" magic wands!
Posted on 2/1/19 at 8:47 am to KeyserSoze999
quote:
damn magic wands
Did we ever find out if any of the Trump Towers had one of these on the Mall Level?
Posted on 2/1/19 at 8:48 am to NC_Tigah
quote:I love it!
304,000 non-farm payrolls added in January
But I have to temper my excitement a bit. The initial December jobs report a month ago was +312,000 and it was revised down to +222,000 this morning.
That begs the question WTF kind of system does the Labor Department have if there is a -90,000 (-29%) jobs error in their initial estimate?!?
Conversely, the final November jobs report was revised UPWARDS this morning from 176,000 up to 196,000.
For anyone paying attention, much of the stock market's drop in December was a result of the Chicken Littles bemoaning the "only" +176,000 new jobs created in November fearing the economy's growth was dying.
The 3 month average for new jobs comes in at 241,000 non-farm jobs created. As Les Miles might say, "That's damn strong!"
Posted on 2/1/19 at 8:49 am to NC_Tigah
yeah, but that's just the 800,000 federal workers returning to the job.
Posted on 2/1/19 at 8:50 am to roadGator
quote:
Eyore gonna be mad.
Nah they will just give Obama credit for it. We must impeach??? lol
Posted on 2/1/19 at 9:17 am to LSURussian
quote:
But I have to temper my excitement a bit.
the real good news is the wage data
Posted on 2/1/19 at 9:17 am to NC_Tigah
The Hell with this- how is the collusion thing going?
Posted on 2/1/19 at 9:43 am to LSURussian
quote:Interesting to see the statistical aberration of rising unemployment, juxtaposed with these numbers. Goes to show the games people were playing with obamanomics unemployment numbers.
But I have to temper my excitement a bit.
Posted on 2/1/19 at 9:48 am to NC_Tigah
quote:It is.
Interesting to see the statistical aberration of rising unemployment, juxtaposed with these numbers.
Unemployed people who had given up on finding a job under Obama and thus were no longer counted as being unemployed are now starting to look for work again because employers are hiring again at a good rate.
That causes those workers to be included as "unemployed" again.
Posted on 2/1/19 at 9:48 am to NC_Tigah
Lol and yesterday I saw an article about how the shutdiwn would ruin the jobs report
Womp womp
Womp womp
Posted on 2/1/19 at 9:49 am to LSURussian
quote:I look at these numbers like I look at polls. They can be made to reflect whatever the pollster wants them to.
But I have to temper my excitement a bit. The initial December jobs report a month ago was +312,000 and it was revised down to +222,000 this morning.
That begs the question WTF kind of system does the Labor Department have if there is a -90,000 (-29%) jobs error in their initial estimate?!?
Which begs the question, why is the fake news purposely pumping Trump? This board whines daily about how the media does everything in its power to take him down.
The OP is a good example of proving the snowflakes wrong.
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