JOBS for January 2019 … 304,000, Smashing Estimates Despite Government Shutdown!!!

 

JOBS, JOBS, JOBS … Continuing to make America great again!!!

304,000 JOBS!!! The Trump economy continues despite all the nah saying from Democrats and liberal media. 304,00 jobs were created in January 2019 shattering expectations. Economists had predicted a gain of 170,000. Not even close. One has to wonder these days how they are predicting these estimates.  Also , the Labor Force Participation at Trump-Era High of 63.2% in January. The labor force participation rate increased a tenth of a point to 63.2 percent, the highest it’s been on President Trump’s watch.

  • Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000, the Labor Department says.
  • Economists surveyed by Dow Jones had expected payrolls to rise by 170,000.
  • There were revisions. December’s big initially reported gain of 312,000 was knocked all the way down to 222,000, while November’s rose from 176,000 to 196,000.
  • The unemployment rate ticked higher to 4 percent, a level where it had last been in June, a likely effect of the shutdown, according to the department.

Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000 despite a partial government shutdown that was the longest in history, the Labor Department reported Friday.

The unemployment rate ticked higher to 4 percent, a level where it had last been in June, a likely effect of the shutdown, according to the department. However, officials said federal workers generally were counted as employed during the period because they received pay during the survey week of Jan. 12. On balance, federal government employment actually rose by 1,000.

Economists surveyed by Dow Jones had expected payrolls to rise by 170,000 and the unemployment rate to hold steady at 3.9 percent.



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  • 58% of Americans Favor Government Shutdown Over Spending at Current Levels
  • Trump Economy off with a Bang … U.S. Added 227,000 Jobs in January 2017
  • U.S. Gains 312,000 Jobs for December 2018, Shattering Wall Street forecasts … DOW Up 700+




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