BOOM!!! ADP/Moody’s Analytics: Private Payrolls Grow by 234,000 in January 2018 vs 185,000 Expected (VIDEO)
AND THE TRUMP ECONOMY AND JOBS KEEPS ON COMING …
From CNBC comes the following fantastic jobs news … ADP and Moody’s Analytics state that private companies hired 234,000 jobs in January, 2018. That is far above the 185,000 jobs that was expected. Of the 234,000 jobs, 212,000 new jobs were service related, manufacturing added 12,000 and construction added 9,000. At this rate we are going to run out of workers to fill the jobs and then look for wages to truly increase as companies vie for talent.
- Private companies hired 234,000 jobs in January, well above expectations for 185,000, according to ADP and Moody’s Analytics.
- Service-related industries led with 212,000 new jobs; manufacturing added 12,000 and construction 9,000.
- The report often differs significantly from the government’s more closely watched nonfarm payrolls count, with ADP reporting growth of 242,000 in December vs. the Labor Department’s 148,000.
The new year got off to a strong start for job creation, with businesses adding 234,000 in January, according to a report Wednesday from ADP and Moody’s Analytics.
Economists surveyed by Reuters had been looking for private payrolls to grow by 185,000.
Job creation was concentrated largely in service-related industries, which contributed 212,000 to the total.
Within that sector some of the better-paying industries showed solid gains: Trade, transportation and utilities led with 51,000, education and health services added 47,000 and professional and businesses services contributed 46,000. Leisure and hospitality services also grew by 46,000.
“The job market juggernaut marches on,” Mark Zandi, chief economist at Moody’s Analytics, said in a statement. “Given the strong January job gain, 2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs. If it falls short, it is likely because businesses can’t find workers to fill all the open job positions.”
ADP’s latest count comes with the national unemployment rate at 4.1 percent, though wage pressures remain muted. Economic growth overall has been solid, with the Atlanta Fed projecting the economy to grow 4.2 percent in the first quarter.
In an interview with CNBC, Zandi said the current pace of job growth suggests an unemployment rate of 3.5 percent by the end of 2018
PRESIDENT DONALD TRUMP’S STATE OF THE UNION ADDRESS WAS A SMASHING SUCCESS … TRUMP IS MAKING AMERICA GREAT AGAIN!
According to a CBS News/YouGov poll that was taken following last nights State of the Union Address, an overwhelming 75% of those polled approved of President Donald Trump’s speech, while only 25% disapproved. The libs at CBS were not available for comment after the amazingly great poll ratings for Trump. Across the board, President Trump received stellar marks as compared to what the liberal MSM, Democrats and the LEFT has been spewing against him. When asked whether Trump should be given credit for the economy, 54% said a lot, 18% said some and 13% said a little. Only 15% said not much or none. Wait until the Trump-GOP tax cuts take affect and we shall see these numbers go even higher. Also, a remarkable 72% said the were in favor of Trump’s immigration plan.
Keep in mind while reading the poll results, according to the poll demographics, 52% were Trump supporters, 32% Trump opponents and 16% something in between. Also, 42% Republican, 25% Democrat and 33% Independent. Thus, there were a lot of Democrats and nearly most all Independents liked what President Trump was saying last night. An incredible 81% stated that the speech was trying to unite the country.
Three in four Americans who tuned in to President Trump’s State of the Union address tonight approved of the speech he gave. Just a quarter disapproved.
How did the speech make you feel?
Eight in 10 Americans who watched tonight felt that the president was trying to unite the country, rather than divide it. Two-thirds said the speech made them feel proud, though just a third said it made them feel safer. Fewer said the speech made them feel angry or scared.
Credit for the economy
And after hearing him speak tonight, 54 percent of speech watchers give him a lot of credit for the current state of the nation’s economy, up from 51 percent before they watched the State of the Union.
Hey Democrats, how are the November midterms looking?
2018 State of the Union Speech … President Trump States African American Unemployment Stands at the Lowest Rate Ever Recorded and Black Caucus Disgracefully Sits (VIDEO)
JUST HOW SCARED OF PRESIDENT TRUMP ARE BLACK POLITICIANS AND DEMOCRATS … HE IS PUTTING BLACK AMERICA BACK TO WORK AGAIN.
President Donald Trump is helping Make America Great Again for everyone. Trump’s economic visions does not discriminate. However, sadly the race-baitors in Washington, DC who would rather see their constituents continue to struggle, rather than Trump’s plan work. Fortunately that is not the case and Democrats look very petty and small.
Last night during President Donald Trump’s first State of the Union address, he provided a list of amazing economic accomplishments from his first year in Office, none more remarkable that black unemployment being at an all-time recorded low. President Trump stated, “And something I am very proud of, African-American unemployment stands at the lowest rate ever recorded.”
The reaction from the Democrat black caucus, crickets. Not one individual stood, of those that actually attended the SOTU. One individual, just one actually bothered to clap. UNBELIEVABLE. They could have cared less. This is leadership? Do you think this would have been the reaction to Barack Obama or Bill Clinton? Of course not. As stated at PJ Media, “Indeed, black unemployment reached a record low under President Trump. The fact that these black congressional leaders hold their hatred for Trump more precious than their celebration of success for their own community is telling.” These people are petrified that Trump is making inroads into the black community by taking them off the dependency of government welfare and providing them well-paying jobs. In the 2016 Trump received 8% of the black vote after being called a racist and white supremacist. That was dramatically up from 2012 and 2008. Look for the Democrats, LEFT’s, media’s and Congressional black caucuses worst nightmare to come true in 2020 … Trump will get double digits of black vote and break that Democrat wall too.
PRESIDENT DONALD TRUMP REMINDS DEMOCRATS, AMERICANS ARE DREAMERS TOO …
During last nights State of the Union speech, President Donald Trump reminded all that “Americans are dreamers too.” Trump also went on to say that the “United States is a compassionate nation, that we do more than any other nation in the world to help the needy, the struggling and the under-privileged all over the world.” However, he stated as president, his major and primary “concern was for American’s children, America’s struggling workers and America’s struggling workers.” Trump extended an open hand and asked for Republicans and Democrats to come together and work for together “to protect our citizens of every background, color, religion and creed.” It was met with mutual applause.
Then came the most memorable statement of the night. President Trump said, “My duty, and the sacred duty of every elected official in this chamber, is to defend Americans, to protect their safety, their families, their communities and their right to the American dream … BECAUSE AMERICANS ARE DREAMERS TOO!” Sadly, those on the LEFT take this as a negative. Imagine that. They are incapable of thinking that American children dream. They are incapable of understanding American exceptionalism. What happened to the America I once knew?
GIVEN THE CHOICE OF TRUMP AND WATERS … WHAT VISION WOULD YOU WANT FOR AMERICA?
American voters, you wanted a comparison of the two parties, the vision of President Donald Trump and the GOP and the Leftist Democrat party? Well you have it. On Monday night President Trump will be giving the State of the Union and all of the amazing things that he has accomplished during his first year in the presidency. Trump will tout the jobs created, the record stack market, low unemployment, all-time low black and Hispanic unemployment, Trump tax cuts that will benefit 80%-90% of individuals and corporations, and the elimination of ISIS and their caliphate. For the Democrats, you will get the insanity of the far-LEFT Maxine Waters. You have your choice in 2018, the gains under President Trump and a continuation of his vision or changing directions to move to the LEFT and socialism of Maxine Waters and Nancy Pelosi. You be the judge. Do you want to continue to “Make America Great Again” or making America Pelosi again.
One of President Donald Trump’s fiercest critics on Capitol Hill will address the country just after next Tuesday’s State of the Union.
Rep. Maxine Waters, a California Democrat, will speak at the top of a BET News special after Trump delivers the State of the Union, a BET spokesperson told BuzzFeed News. The program, “Angela Rye’s State of the Union,” is part of a broader partnership announced just days ago between the network and the Democratic strategist and political commentator. Rye will executive produce news programs with a sharp focus on issues facing black Americans. The programs will run quarterly, BET said in a release.
The spokesperson said activists and some elected officials will analyze Trump’s first year in office on the program, and will talk about “building black politics and the value of engagement across today’s socio-political landscape.” A Democratic source familiar with the production on Friday night told BuzzFeed News that it wasn’t immediately clear if the program would air on Tuesday or Wednesday night.
Trump has recently taken to highlighting how well he believes black Americans are doing under his presidency, tweeting earlier this month that he was “so happy” that black joblessness was plummeting. Earlier this month, the Bureau of Labor Statistics said the rate had fallen below 7%, but analysts disagree over how much credit, if any, Trump deserves for that drop. Black lawmakers certainly don’t think he deserves that credit, and some plan to let him know that Tuesday by boycotting his speech.