ADP Services Reports Private payrolls increased by 190,000 in November, 2017 … Manufacturing Had its Best Month of the Year with 40,000 New jobs

DONALD TRUMP IS MAKING JOBS GREAT AGAIN IN AMERICA …

Manufacturing had its best month of the year with 40,000 new jobs!!!  Trump is doing what Obama said was impossible. He is bring back manufacturing jobs. Maybe the liberal MSM would like to report this. It is amazing what has gone on in the economy and the stock market since Trump has wo the presidency. Too bad the media and Democrats couldn’t provide credit where credit is due.

ADP November payrolls up 190,000 from CNBC.

Surge in manufacturing jobs causes private payrolls to rise more than expected in November

• Private payrolls increased by 190,000 in November, ahead of analyst expectations of 185,000 but less than the 235,000 in October.
• Manufacturing had its best month of the year with 40,000 new jobs. Service-oriented industries grew by 155,000.
• Moody’s economist Mark Zandi says the jobs market is “red-hot” and there’s a danger it could “overheat” in 2018.

The manufacturing industry posted its best month of job gains all year, leading a better-than-expected rise in private payrolls during November.

Companies added 190,000 in the month as the economy seemed to return to normal following the violent hurricane season, according to the monthly report from ADP and Moody’s Analytics. The total was just above the 185,000 expected from economists surveyed by Reuters and below the 235,000 growth in October.

The manufacturing sector added 40,000 positions alone.

U.S. Economy Ddded 261,000 Jobs in October & Unemployment Rate at 4.1% (Update: Adjusted 92,000 Jobs Added in Aug & Sep)

PUTTING AMERICA BACK TO WORK AGAIN …

More strong jobs numbers have been reported for October 2017 as 261,000 jobs were added. Compare the job growth with what was going on in 2016. Add this to the GDP at 3% and we have an economy finally headed in the right direction.

Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job gains also occurred in professional and business services, manufacturing, and health care.

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) declined by 369,000 to 4.8 million in October. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find full time jobs. Over the past 12 months, the number of involuntary part-time workers has decreased by 1.1 million.

U.S. economy adds 261,000 jobs in October from CNBC.

CNBC:

The U.S. economy added 261,000 jobs in October and the unemployment rate was 4.1 percent as labor conditions returned to normal following the storm-weakened September.

However, the number was considerably below Wall Street expectations of 310,000. The tick lower in the unemployment rate came against expectations it would hold steady at 4.2 percent.

In addition to the October growth, an initially reported decline of 33,000 for September was revised up to 18,000. August’s count also was revised up from 169,000 to 208,000.

Indeed, the biggest gain in employment came from the hospitality industry, with jobs at food and drinking establishments up by 89,000, reflecting a storm-related rebound. Professional and business services contributed 50,000 to the total while manufacturing added 24,000 and health care increased by 22,000.

In all, employment in the manufacturing sector has increased by 156,000 since President Donald Trump’s election in November 2016. Trump has made blue-collar growth a priority of his economic agenda.

U.S. Created 209,000 Jobs in July 2017 vs 183,000 Jobs Expected, Unemployment Drops to 4.3%

MAKING AMERICAN JOBS GREAT AGAIN!!!

The Trump  economy continues to move forward as 209,000 jobs were created in July, 2017. That is more than the expected 183,000 and also unemployment dropped to 4.3%, he lowest since March, 2001.  The number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record. Try and spin these numbers MSM. None of this would be happening had Hillary Clinton been elected. This is what Americans are concerned about, JOBS! Not Russia, jobs!

To Democrats, the LEFT, the MSM and establishment Republicans, try, just try and overturn an election by WE THE PEOPLE and see what happens. I dare you. The United States has a president that is doing things and creating an economic environment for the people and for some sick, selfish reason the individuals previously referenced are trying to present it. Trust me, keep up the BS and their will be a political judgment day.

July non-farm payrolls rise 209,000, unemployment rate ticks down to 4.3% from CNBC.

The U.S. economy added 209,000 jobs in July and the unemployment rate was 4.3 percent, according to a government report Friday.

Economists surveyed by Reuters had expected the report to show growth of 183,000 with the jobless rate ticking down to 4.3 percent, the lowest since March 2001. A more encompassing rate that includes discouraged workers and the underemployed was unchanged at 8.6 percent.

The number of employed Americans also hit a fresh new high at 153.5 million.

The closely watched wage number was unchanged from previous months, with average hourly earnings up 2.5 percent. The average work week also was unchanged at 34.5 hours.

Bars and restaurants provided the biggest boost for the month with 53,000 more positives, while professional and business services contributed 49,000, the Bureau of Labor Statistics said.

In addition to the strong July report, June’s 222,000 gain was revised up to 231,000 though May was cut from 152,000 to 145,000.

Record 153,513,000 Employed in July; 62.9% Labor Force Participation!!!

A few hours later, the Labor Department’s Bureau of Labor Statistics said the economy added 209,000 jobs in July; the number of employed people jumped by 345,000 to 153,513,000 in July, setting a third straight monthly record; the number of Americans counted as not in the labor force, meaning they don’t have a job and are not looking for one, dropped for a third straight month to 94,657,000; and the nation’s unemployment rate also dropped a tenth of a point, to 4.3 percent.

In July, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 255,151,000. Of those, 160,494,000 participated in the labor force by either holding a job or actively seeking one.

The 160,494,000 who participated in the labor force equaled 62.9 percent of the 255,151,000 civilian noninstitutionalized population.

In testimony before Congress in mid-July, Federal Reserve Chair Janet Yellen said the declining labor force participation rate among men of prime working age is a particular concern.

In July, BLS said the participation rate for men 16 and over was 68.9 percent, compared with 73.1 ten years ago and 75.0 percent 20 years ago.

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.

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.