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Jobs Trump Expectations: November nonfarm payrolls rise 228,000

Posted on 12/8/17 at 10:05 am
Posted by member12
Bob's Country Bunker
Member since May 2008
32087 posts
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 by udtiger
Over your left shoulder
Member since Nov 2006
98431 posts
Posted on 12/8/17 at 10:06 am to
need that participation rate to get better.
Posted by member12
Bob's Country Bunker
Member since May 2008
32087 posts
Posted on 12/8/17 at 10:07 am to
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 by TexasTiger89
Houston, TX
Member since Feb 2005
24244 posts
Posted on 12/8/17 at 10:07 am to
#winninngagainandagainandagain
Posted by GumboPot
Member since Mar 2009
118603 posts
Posted on 12/8/17 at 10:27 am to
quote:

228,000


Is a good number.
Posted by BigAppleBucky
New York
Member since Jan 2014
1807 posts
Posted on 12/8/17 at 10:33 am to

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 by momentoftruth87
Member since Oct 2013
71125 posts
Posted on 12/8/17 at 10:36 am to
G.E. just shut down a local plant. I'll look here in a few to see how many jobs.

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 by tarzana
TX Hwy 6--Brazos River Backwater
Member since Sep 2015
26110 posts
Posted on 12/8/17 at 10:48 am to
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 by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54202 posts
Posted on 12/8/17 at 10:51 am to
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 by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 12/8/17 at 12:48 pm to
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 by BBONDS25
Member since Mar 2008
48009 posts
Posted on 12/8/17 at 12:49 pm to
quote:

So explain why Trump currently sports a 32% job approval rating


Because fake news. You know that.
Posted by Giant Leaf
On Leaf
Member since Nov 2015
4229 posts
Posted on 12/8/17 at 12:50 pm to
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 by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/8/17 at 12:52 pm to
stellar
Posted by momentoftruth87
Member since Oct 2013
71125 posts
Posted on 12/8/17 at 1:52 pm to
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 by Giant Leaf
On Leaf
Member since Nov 2015
4229 posts
Posted on 12/8/17 at 1:53 pm to
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
Posted by momentoftruth87
Member since Oct 2013
71125 posts
Posted on 12/8/17 at 2:02 pm to
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!
Posted by Statestreet
Gueydan
Member since Sep 2008
12913 posts
Posted on 12/8/17 at 2:03 pm to
Jobs Trump Hate
This post was edited on 12/8/17 at 3:40 pm
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 12/8/17 at 2:04 pm to
quote:


So explain why Trump currently sports a 32% job approval rating.


Muh polls.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 12/8/17 at 2:07 pm to
The tards are bankrupt
This post was edited on 12/8/17 at 2:14 pm
Posted by Phil2012
The planet
Member since Dec 2005
6213 posts
Posted on 12/8/17 at 2:11 pm to
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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