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Jobs Trump Expectations: November nonfarm payrolls rise 228,000
Posted on 12/8/17 at 10:05 am
Posted on 12/8/17 at 10:05 am
quote:
November nonfarm payrolls rise 228,000 vs. 200,000 est.
LINK
The Victory motorcycles assembly line at the Polaris Industries factory on Aug. 8, 2014, in Spirit Lake, Iowa.
Job market beats expectations with 228,000 payroll growth
2 Hours Ago | 01:09
The U.S. economy created 228,000 jobs in November while the unemployment rate held steady at 4.1 percent, the Labor Department reported Friday.
Economists surveyed by Reuters had expected nonfarm payrolls to grow by 200,000.
A more encompassing measure of joblessness that includes discouraged workers and those holding part-time positions for economic reasons moved up one-tenth of a point to 8 percent. The ranks of those not in the labor force edged higher by 35,000 to 95.4 million.
Overall a great showing.
This post was edited on 12/8/17 at 10:07 am
Posted on 12/8/17 at 10:06 am to member12
need that participation rate to get better.
Posted on 12/8/17 at 10:07 am to member12
quote:
The biggest November job gains came in professional and business services [46,000], manufacturing [31,000] and health care [30,000]. In total, goods-producing occupations rose by 62,000. Construction saw a gain of 24,000, almost all of which were specialty trade contracts, a profession that has added 132,000 jobs over the past year.
Heading into the holiday season, retail jobs also grew by 18,7000.
Markets reacted positively to the news, with major stock indexes opening higher.
This post was edited on 12/8/17 at 10:08 am
Posted on 12/8/17 at 10:07 am to member12
#winninngagainandagainandagain
Posted on 12/8/17 at 10:27 am to member12
quote:
228,000
Is a good number.
Posted on 12/8/17 at 10:33 am to member12
GE cuts 12K jobs as demand for coal fired generators slips
Renewables, skew the market.
quote:
In one of the most visible moves, the company said on Thursday that it would cut 12,000 jobs in its power division, reducing the size of the unit’s work force by 18 percent.
The announcement is an acknowledgment that the company has not been properly positioned for where the energy market is headed. Oil and natural gas markets are dealing with a glut of supply and companies like General Electric have been forced to cut prices on their services. The long-term demand for renewable energy is growing globally, even as the American political climate damps its short-term prospects. And G.E. faces a raft of competition from international rivals in all those areas.
Posted on 12/8/17 at 10:36 am to BigAppleBucky
G.E. just shut down a local plant. I'll look here in a few to see how many jobs.
Etd:
Produced light bulbs.
Etd:
quote:
This facility, which opened in 1946, once was staffed by approximately 1,800 employees.
Gauer said 36 employees will remain following final production for various lengths of time to clean, disconnect equipment, and prepare the plant for possible future use.
Produced light bulbs.
This post was edited on 12/8/17 at 10:40 am
Posted on 12/8/17 at 10:48 am to member12
quote:
Overall a great showing
So explain why Trump currently sports a 32% job approval rating. Clearly America does not associate a decent economy with any action the president has taken.
Posted on 12/8/17 at 10:51 am to tarzana
quote:
So explain why Trump currently sports a 32% job approval rating.
Bad pr by the media. You know good and well what the answer is.
Posted on 12/8/17 at 12:48 pm to tarzana
quote:
So explain why Trump currently sports a 32% job approval rating. Clearly America does not associate a decent economy with any action the president has taken.
It was decent/good when Obama was captain too
Posted on 12/8/17 at 12:49 pm to tarzana
quote:
So explain why Trump currently sports a 32% job approval rating
Because fake news. You know that.
Posted on 12/8/17 at 12:50 pm to momentoftruth87
quote:
Produced light bulbs.
Finally bit the bullet at a business I own and my house and went full LED
Worth it and they last years and years longer
Makes sense. Old tech out. It happens
Posted on 12/8/17 at 1:52 pm to Giant Leaf
quote:
Makes sense. Old tech out. It happens
I don't dissagre, but it's a smaller town in rural illinois that does make a big impact.
Posted on 12/8/17 at 1:53 pm to momentoftruth87
And I dont disagree with you
Its just how the world will always work
Im not going to be buying more of their bulbs for a city I didnt know existed to stick around
Brutal but true
Learn and adapt
Its just how the world will always work
Im not going to be buying more of their bulbs for a city I didnt know existed to stick around
Brutal but true
Learn and adapt
Posted on 12/8/17 at 2:02 pm to Giant Leaf
Haha I understand man. I don't care either just since OP was about GE, telling how it has affected this area.
No need to explain my man!
No need to explain my man!
Posted on 12/8/17 at 2:03 pm to member12
Jobs Trump Hate
This post was edited on 12/8/17 at 3:40 pm
Posted on 12/8/17 at 2:04 pm to tarzana
quote:
So explain why Trump currently sports a 32% job approval rating.
Muh polls.
Posted on 12/8/17 at 2:07 pm to MeatCleaverWeaver
The tards are bankrupt
This post was edited on 12/8/17 at 2:14 pm
Posted on 12/8/17 at 2:11 pm to gthog61
And this is against the head winds of the globalists who want the USA humbled and on bended knee! They want a one world system with themselves at the helm of it!
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