U.S. nonfarm Payrolls Job Total 222,000 in June 2017 vs 179,000 Expected
MAKING AMERICA GREAT AGAIN … 222,000 NEW JOBS IN JUNE!!!
As reported at CNBC, the U.S. economy added 222,000 new jobs in June and the unemployment rate held at 4.4%. This was much better than the 179,000 jobs that were expected. As Marketwatch stated, the 222,000 new jobs in June is showing that companies are still finding ways to add staff despite a growing shortage of skilled workers. Now, if only the GOP would get off their useless butts, follow Trump’s lead and actually pass tax reform, the economy will burn red hot. And when that happens, Trump can punch his ticket for 2018 and 2020.
The U.S. economy added a better-than-expected 222,000 new jobs in June and the unemployment rate held at 4.4 percent, according to a government report Friday.
Economists surveyed by Reuters had been expecting nonfarm payrolls growth of 179,000 and the unemployment rate to be 4.3 percent.
Wage growth, however, remained muted, with average hourly earnings rising 2.5 percent on an annualized basis, essentially unchanged from the previous month. On a monthly basis, the rise was 0.2 percent, which actually was a shade below the 0.2 percent expectation. The average work week edged higher, rising 0.1 hours to 34.5.
Health care was the biggest contributor, with 37,000 new positions, with professional and business services adding 35,000. Social assistance added 23,000, Wall Street-related jobs grew by 17,000 and mining — a focal point for the Trump administration — saw 8,000 new positions.
An alternative measure of unemployment that counts discouraged workers and those holding part-time positions for economic reasons — the underemployed — rose from 8.4 percent to 8.6 percent.
Jobs overall tilted to full-time positions, which grew by 355,000, while part-time fell by 224,000.
President Trump’s Speech in Poland Was Hardly Soft on Russia (VIDEO)
REALLY, YOU THINK RUSSIA WANTED A TRUMP PRESIDENCY … DID YOU LISTEN TO THE SPEECH?
During President Donald Trump’s amazing speech in Poland yesterday, he brought up many issues and concerns for the West. Among them was a not so veil tongue lashing of Russia and Putin. A day ahead of President Trump’s meeting with Russian President Vladimir Putin for the first time on the sidelines of the G20 summit, Trump put Putin on notice. Make no mistake about it, Trump’s comment that “Poland and its neighbors are never again held hostage to a single supplier of energy” was a direct slap at Russia.
While President Trump didn’t definitively agree Thursday with the assessment from the CIA, NSA, and FBI that Russia meddled in the 2016 presidential election, he and his administration have taken five aggressive steps against Russia.
- Commitment to NATO’s defense agreement
- The sale of the Patriot missile system to Poland (video 28:12)
- Urging Russia to end its “destabilizing activities in Ukraine and elsewhere”
- Sale of liquid natural gas to European nations (video 3:27)
- Scolding Russia after North Korea’s latest missile test
Posted July 7, 2017 by Scared Monkeys Donald Trump, Donald Trump, Energy, Making America Great Again, Poland, Russia, United States, You Tube - VIDEO | one comment |
Obamacare is Not Just a Lie, Its a Job Killer
OBAMACARE IS A JOBS KILLER … HAS COST ABOUT 250,000 JOBS.
It is not a matter whether or not Obamacare has to be repealed, we have no choice. Obamacare is a lie when it comes to healthcare coverage and it is a jobs killer. Democrats have whined that Americans will lose healthcare coverage if Obamacare is repealed. Honestly America, we have no choice but to rid ourselves of this terrible law. It was not only a lie to the American people by Barack Obama, but a major jobs killer. We can’t afford to continues with this ironically named Affordable Healthcare Act when it is all but and in a death spiral. Thanks to Obama and the Democrat party, the hiring the 50th full-time employee effectively costs another $70,000 a year on top of the normal salary and benefits. Also, as Instapundit reminds us, it doesn’t save lives either.
In partnership with the Mercatus Center at George Mason University, in March 2017 I was able to commission Hanover Research to survey small businesses nationwide regarding their hiring and compensation practices. The result was a sample of 745 small businesses, representing every major industry and together employing almost 50,000 people.
We asked managers (almost evenly divided between Democrats and Republicans) how many people each business employed and whether it offers health insurance. Many businesses, when they do not offer coverage, keep their payrolls just below 50 full-time employees and thereby narrowly escape the ACA’s penalty. This pattern is not visible among businesses that offer coverage.
When we followed up, the businesses employing just fewer than 50 often said the ACA caused them to hire less and cut hours below the full-time threshold. The penalty caused payrolls to shrink or prevented them from growing.
Nationwide, we estimate the ACA-inspired practice of keeping payrolls below 50 has cost roughly 250,000 jobs. This does not count jobs lost when businesses close (we didn’t survey closed businesses) or shrink because of other ACA incentives.
The tally of lost jobs is bound to grow because the penalty itself automatically grows and the IRS is still learning how to enforce it.
Posted July 6, 2017 by Scared Monkeys Barack Obama, Business, Economy, Employer Mandate, Epic Fail, Healthcare, Jobs, Labor Force, Layoff - Fired, Misleader, Obamacare, Obamanomics, Obamatax, PT/FT Jobs, The Lying King, Unemployment, You Can Keep Your Insurance | one comment |
President Donald Trump’s Amazing Speech To The People Of Poland (VIDEO) … Poland, a people “who have never lost hope, who have never been broken and who have never ever forgotten who they are”
FINALLY, POLES WHO GET TRUMP CORRECT!!!
Today President Donald J. Trump wowed the crowds in Krasinski Square in Warsaw, Poland with a truly amazing speech to a truly amazing people. The Polish crowds chanted “Donald Trump!” and “USA!” as President Trump talked to one of our greatest allies and a strong people who as Trump stated are a people “who have never been broken and who have never ever forgotten who they are.”
The Polish crowd attending President Trump’s speech in Krasinski Square repeatedly interrupted his remarks with chants of “Donald Trump!” and “USA!”
“The story of Poland is the story of a people who have never lost hope, who have never been broken and who have never ever forgotten who they are,” Trump said in Warsaw, before the crowd began chanting his name.
“Thank you so much, thank you,” he replied. “Thank you so much. A great honor.”
During a wreath laying ceremony, the crowd broke out into a ‘USA! USA! USA!’ chant.
UPDATE I: Trump commits to NATO defense, slams Russian aggression
President Trump voiced a clear commitment Thursday to NATO’s “Article 5” principle of common defense, reassuring nervous Europeans who had worried about his support for the alliance.
Speaking to a huge crowd in Poland, Mr. Trump said Europeans should never question the U.S. commitment to NATO.
“The United States has demonstrated not merely with words but with its actions that we stand firmly behind Article 5,” Mr. Trump said in a speech to tens of thousands of cheering Poles. He had raised concerns in the spring when, during a visit to NATO headquarters in Brussels, Belgium, he neglected to mention Article 5.
But Mr. Trump reminded the audience in Poland, “Our defense is not just a commitment of money, it is a commitment of will.”
“The fundamental question of our time is whether the West has the will to survive,” Mr. Trump said in Krasinski Square in Warsaw. “Our own fight for the West does not begin on the battlefield — it begins with our minds, our wills, and our souls.”
Posted July 6, 2017 by Scared Monkeys America - United States, Donald Trump, Donald Trump - Mike Pence 2016, United States, World, You Tube - VIDEO | 2 comments |
Majority of Voters Support President Trump’s Travel Ban
ONCE AGAIN, TRUMP MORE IN TOUCH WITH THE AMERICAN PEOPLE THAN THE LEFT, DEMOCRATS AND MSM …
From The Hill comes the following reporting that a majority of American voters support President Donald Trump’s travel ban. According to a recent Politico/Morning Consult poll, 60% of voters support the State Department’s new guidelines which say visa applicants from six predominately Muslim countries must prove a close family relationship with a U.S. resident in order to enter the country. A mere 28% oppose it. Making matters worse for the Resistance and LEFT, 41% of Democrats support the ban while 46% oppose it. Once again we are witness to the LEFT being on the wrong side of the American people. Do we really wonder why Democrats keep losing elections?
A Politico/Morning Consult poll found 60 percent of voters support the State Department’s “new guidelines which say visa applicants from six predominately Muslim countries must prove a close family relationship with a U.S. resident in order to enter the country.”
Just 28 percent are opposed to the new guidelines, according to the poll.
A large majority, 84 percent of Republicans, supports the restrictions, while just 9 percent oppose them.
Democrats are split on the issue, with 41 percent supporting the ban and 46 percent opposing it.
Posted July 5, 2017 by Scared Monkeys Donald Trump, Donald Trump, Donald Trump - Mike Pence 2016, Making America Great Again, Polls | 2 comments |