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U.S. private employment growth eases but manufacturing shines: ADP

Posted on 12/6/17 at 5:05 pm
Posted by GumboPot
Member since Mar 2009
118853 posts
Posted on 12/6/17 at 5:05 pm
U.S. private employment growth eases but manufacturing shines: ADP
quote:


The report is jointly developed with Moody's Analytics.

"The job market is red hot, with broad-based job gains across industries and company sizes. The only soft spots are in industries being disrupted by technology, brick-and-mortar retailing being the best example," Mark Zandi, chief economist of Moody’s Analytics, said in a statement. "There is a mounting threat that the job market will overheat next year."

Among goods-producing sectors, manufacturing added 40,000 jobs, the most in the ADP series history dating back more than 15 years, while construction shed 4,000.


This post was edited on 12/7/17 at 1:39 pm
Posted by TaderSalad
mudbug territory
Member since Jul 2014
24656 posts
Posted on 12/6/17 at 5:06 pm to
I member

Posted by saints5021
Louisiana
Member since Jul 2010
17484 posts
Posted on 12/6/17 at 5:07 pm to
Must be that magic wand
Posted by GumboPot
Member since Mar 2009
118853 posts
Posted on 12/6/17 at 5:09 pm to
quote:

Must be that magic wand


Or like real tangible stuff that impacts business positively...like taxes, deregulation, trade policy, etc., etc.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 12/6/17 at 5:11 pm to
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 12/6/17 at 5:12 pm to
quote:

Must be that magic wand


Or like real tangible stuff that impacts business positively...like taxes, deregulation, trade policy, etc., etc.





But the time his 8 years are done, Obozo will look like the worst president in history.
Posted by Bamatab
Member since Jan 2013
15111 posts
Posted on 12/6/17 at 5:18 pm to
So, another promised kept?

I'm still not tired of winning yet.
This post was edited on 12/6/17 at 5:19 pm
Posted by Manzielathon
Death Valley
Member since Sep 2013
8951 posts
Posted on 12/6/17 at 5:33 pm to
If anyone on this board actually understood the global economy and believed in free trade, you’d understand why this isn’t necessarily a good thing for our country.

I suppose I’m glad he’s following up on his promises though, but this really only helps people holding manufacturing jobs who are unable to transfer their skills or learn new ones ... it doesn’t help our economy as a whole.

ETA: Yes, please let the downvotes rain.

It’s hilarious how this board has shifted from being for free trade and making America economically stronger to supporting asinine protectionist policies that only benefit small subsets of society who are too stubborn and unwilling to change their professions to get with the times, all because Trump is President.

I hope none of you downvoting classify yourselves as classical liberals, libertarians, or even Republicans.
This post was edited on 12/6/17 at 5:48 pm
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 12/6/17 at 5:33 pm to
All while playing 82 rounds of golf. What a slugger.
Posted by lake2280
Public intellectual
Member since Nov 2012
4291 posts
Posted on 12/6/17 at 5:44 pm to
Yeah cause the economy is tanking right now.
Posted by Manzielathon
Death Valley
Member since Sep 2013
8951 posts
Posted on 12/6/17 at 5:47 pm to
You’re just showing your ignorance about the topic. The economy is doing well because of optimism about investing, deregulation, and tax cuts ...

Not because of protectionist economic policies.

My point is we could be doing even better than we already are, if Trump wasn’t such a leftist when it came to developing American economic factor endowments.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/6/17 at 5:50 pm to
But...but....atlgamecockdude doesn't remember anything that has improved the economy.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/6/17 at 6:17 pm to
Ford just announced they are moving the electrical car production to Mexico.
Posted by Cruiserhog
Little Rock
Member since Apr 2008
10460 posts
Posted on 12/6/17 at 6:22 pm to
gotta give Trump credit, some of his regulation rollbacks appear to be having a positive effect on business and manufacturing.

we'll see
Posted by WeeWee
Member since Aug 2012
40139 posts
Posted on 12/6/17 at 6:34 pm to
quote:

Member when Trump said he'd work to bring back manufacturing?


Yes, I do seem to recall something about that.

quote:

Among goods-producing sectors, manufacturing added 40,000 jobs, the most in the ADP series history


Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 12/6/17 at 6:36 pm to
quote:

Ford just announced they are moving the electrical car production to Mexico

No F250 no care
Posted by NWHoustonTiger
Cypress, TX
Member since Sep 2010
658 posts
Posted on 12/6/17 at 6:36 pm to
How can we be growing manufacturing employment while the horrible evil scourge known as trade deficits continues to rise?!?!

Posted by WeeWee
Member since Aug 2012
40139 posts
Posted on 12/6/17 at 6:43 pm to
quote:

gotta give Trump credit,


quote:

Cruiserhog




HOLY F**K, the impossible just happened.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/6/17 at 6:44 pm to
quote:

gotta give Trump credit


Holy shite. It will actually snow on Friday.
Posted by loogaroo
Welsh
Member since Dec 2005
30731 posts
Posted on 12/6/17 at 6:44 pm to
quote:

My point is we could be doing even better than we already are, if Trump wasn’t such a leftist when it came to developing American economic factor endowments.



So Obama did better?

Factor endowments......? Our GDP is growing like a weed. WTF?
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