BOOM!!! 313 JOBS ADDED IN FEBRUARY 2018 … Smashing the 200K jobs Estimated!
TRUMP ECONOMY ROARS … 313 JOBS ADDED IN FEBRUARY!!!
Via CNBC, the U.S. economy added a whopping 313,000 jobs in February smashing the 200,000 jobs estimated. Construction jobs lead the way with 61,000 followed by retail at 50,000, business services at 50,000, manufacturing with 31,000, financial activities with 28,000 and healthcare with 19,000. Even mining saw 9000 new jobs. There were also adjustments upward in the previous two months, December went from 160,000 to 175,000 while January saw a boost from the initially reported 200,000 to 239,000. The DOW jumped 200 points upon the fantastic jobs report. President Donald Trump’s economic vision is working for America and Making America great again! America, this is the Trump economy and it is his policies and visions, which are 180 degrees opposite of his predecessor that are making the difference. This would never had happened had Hillary Clinton won or will it continue to occur if Democrats seize control of power in either the House or Senate in 2018. The Resistance, eh? What exactly are Democrats, the LEFT and the MSM resisting? Prosperity?
The economy added 313,000 jobs in February, crushing expectations, while the unemployment rate remained at 4.1 percent, according to a Labor Department report Friday that could help quell inflation fears.
Economists surveyed by Reuters had been expecting nonfarm payroll growth of 200,000 and the unemployment rate to decline one-tenth of a percent to 4 percent.
Nonfarm payrolls increase by 313,000 in February from CNBC.
A separate measure that takes into account those out of the workforce and the underemployed — sometimes referred to as the “real” unemployment rate — held steady at 8.2 percent.
Construction jobs led the way, with 61,000 new positions, followed by retail and professional and business services (50,000 apiece), manufacturing (31,000) and financial activities (28,000). Health care added 19,000 while mining saw 9,000 new jobs.
Investors were watching the report closely not only for clues about job growth but also whether wage pressures were continuing to build. Wage growth came in less than expected, rising 0.1 percent for the month and 2.6 percent on an annualized basis.
In addition to the big job growth, previous months’ counts were revised substantially higher. December went from 160,000 to 175,000 while January saw a boost from the initially reported 200,000 to 239,000. That brings the three-month average to 242,000.
Among the major worker groups, the unemployment rate for Blacks declined to 6.9 percent in February, while the jobless rates for adult men (3.7 percent), adult women (3.8 percent), teenagers (14.4 percent), Whites (3.7 percent), Asians (2.9 percent), and Hispanics (4.9 percent) showed little change. (See tables A-1, A-2, and A-3.)
Posted March 9, 2018 by Scared Monkeys Consumer Confidence, Donald Trump, Economy, Jobs, Labor Force, Making America Great Again, Unemployment | no comments |
Job Growth Up 200,000 in January 2018 & Wages Up As Well
JANUARY 2018 JOB GROWTH UP 200,000!!!
As reported at CNBC, And the jobs keep on coming … Bloomberg reports that the jobless rate held at 4.1 percent, matching the lowest since 2000, while average hourly earnings rose a more-than-expected 2.9 percent from a year earlier, the most since June 2009.
Nonfarm payrolls grew by 200,000 in January and the unemployment rate was 4.1 percent, the Bureau of Labor Statistics said in a closely watched report from Friday.
Economists surveyed by Reuters had been expecting jobs growth of 180,000 and an unemployment rate of 4.1 percent. A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons edged higher to 8.2 percent, the highest level since September.
In addition to the solid payroll growth, average hourly earnings were up 0.3 percent for the month, matching estimates and reflecting an annualized gain of 2.9 percent. However, the average work week fell two-tenths to 34.3 hours.
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.
Posted January 31, 2018 by Scared Monkeys Black America, Blacks, Capitaism, Congressional Black Caucus, Consumer Confidence, Donald Trump, Economy, Jobs, Making America Great Again, Minorities, Race Card, Racism, State of the Union, Unemployment, WTF, You Tube - VIDEO | one comment |
Fox News Poll: President Trump’s Economy … Record Number Rate Economy ‘Excellent’
MAKING AMERICA GREAT AGAIN …
A recent Fox News poll shows that the President Donald Trump economy is being rated positively by voters at its highest rate in nearly two decades. The economic policies that Trump has put in place are working. 40% of Americans stated that the Trump administration has made the economy better. Jobs are being created, the stock market is at record highs, unemployment is down, black unemployment at historic lows, businesses are giving employees bonuses due to the Trump tax cuts and most Americans have not even begun to see the benefits of the Trump tax cuts.
A Fox News Poll conducted at the end of President Trump’s first year in the White House finds more voters rate the economy positively today than have in nearly two decades.
And they give the White House credit for that: nearly twice as many say the Trump administration has made the economy better than made it worse: 40 percent vs. 22 percent. One-third says the administration has not made a difference (34 percent).
Approval of the job the president is doing on the economy is above 50 percent for the first time.
Posted January 25, 2018 by Scared Monkeys Capitaism, Donald Trump, Economy, Jobs, Making America Great Again, Stock Market, Unemployment | one comment |
Weekly Jobless Claims in U.S. Plunge to Lowest Since 1973
DONALD TRUMP: MAKING AMERICA GREAT AGAIN ….
From Bloomberg News, The filings for unemployment benefits in the United States have fallen to the lowest level in almost 45 years. That is correct, the lowest since 1973. What does this mean? Coupled with job growth, a soaring stock market, low unemployment and the Trump tax cuts … the US economy is on fire!!! Wake up America and start giving credit where credit is due, the economy has rebounded like this in one year because of the presidential election of Donald Trump.
U.S. filings for unemployment benefits plummeted to the lowest level in almost 45 years in a sign the job market will tighten further in 2018, Labor Department figures showed Thursday.
Key Takeaways
The drop in claims shows that companies are increasingly holding on to their employees amid a shortage of skilled labor. Businesses are struggling to find workers to fill positions, particularly in manufacturing and construction, as cited in some anecdotes for the Federal Reserve’s Beige Book released Wednesday.
The figures suggest the unemployment rate of 4.1 percent, already the lowest since 2000, could be poised to decline further. The latest week for claims includes the 12th of the month, which is the reference period for the Labor Department’s monthly employment surveys.