Job growth SURGES in January, Beating Wall St Expectations

[SP33Demon]

Job Growth Surges In January, Beating Wall Street Expectations

Unseasonably warm weather in January helped boost job growth.

www.forbes.com

• January saw a pickup in hiring, as 225,000 jobs were added to the U.S. economy last month—better than the 158,o00 jobs expected by economists, according to Dow Jones.
• That’s an uptick from the 145,000 jobs added in December: The labor market in January benefited from warmer-than-usual weather, which encouraged more hiring than expected in construction and other industries.
• The unemployment rate, however, climbed to from 3.5% to 3.6%, no longer holding steady at its lowest level since 1969, according to CNBC.
• Average hourly earnings also rose by 3.1%—compared to the 3% growth expected—marking 18 consecutive months of wage gains above 3%.
• The strong jobs report in January comes amid other solid economic data: Earlier this week, a report from ADP and Moody’s Analytics said that U.S. private payrolls rose by 291,000 last month—almost twice the expected number and the biggest monthly payroll gain in almost five years.
• The strong January jobs report indicates that the economy can likely continue its moderate expansion, despite weak manufacturing data and a slowdown in business investment.

The economy is on fire, 42% higher jobs added than expected! This may be one of Trump's best weeks ever. Thank you, Mr. President!

 

[Fenixgoon]

yes, he's doing so much that the wealth gap in 2019 reached its highest level since the metric began being tracked

https://www.washingtonpost.com/business/2019/09/26/income-inequality-america-highest-its-been-since-census-started-tracking-it-data-show/

 

[Vic]

yes, he's doing so much that the wealth gap in 2019 reached its highest level since the metric began being tracked

https://www.washingtonpost.com/business/2019/09/26/income-inequality-america-highest-its-been-since-census-started-tracking-it-data-show/

As Speedy pointed out in another thread, our Lord Emperor Trump just can't be expected to take care of all of us lowly peons. And of course it's perfectly normal that the number he does take care of will continue to get smaller and smaller over time. No doubt once he's done with these pesky elections, that number will just be his family and his aristocracy.

 

[JEDIYoda]

again Trump is riding on the coattails of what Obama left him.......\
If it was left up to Trump everything would turn to shit!

 

[SP33Demon]

yes, he's doing so much that the wealth gap in 2019 reached its highest level since the metric began being tracked

https://www.washingtonpost.com/business/2019/09/26/income-inequality-america-highest-its-been-since-census-started-tracking-it-data-show/

Awww, you want to move the goalposts because it doesn't fit your narrative. I don't blame you

 

[SP33Demon]

As Speedy pointed out in another thread, our Lord Emperor Trump just can't be expected to take care of all of us lowly peons. And of course it's perfectly normal that the number he does take care of will continue to get smaller and smaller over time. No doubt once he's done with these pesky elections, that number will just be his family and his aristocracy.

Well it's true. I'm not disagreeing, he can't take care of everyone. However, the economy is on fire and if someone cannot find a job then they should have more options than almost any other time in history. No excuses guys.

 

[JEDIYoda]

You see Trump is not changing anything for the better! He is changing the narrative to make things look better when in effect nothing has improved...only digressed!
For example Trump would say -- There are less people on welfare, medicare and food stamps! Then he would claim it is because those people now have jobs! When the truth is those people are off those programs because Trump had his people remove those people from the programs! Now instead of having medical care and food to feed their children they have even less!!

 

[Vic]

Well it's true. I'm not disagreeing, he can't take care of everyone. However, the economy is on fire and if someone cannot find a job then they should have more options than almost any other time in history. No excuses guys.

The only one I see make excuses here is you, saying that we need to depend on the benevolence of a tyrant king to rule over us so that we can be successful. I was successful before Trump, thank you.

 

[SP33Demon]

You see Trump is not changing anything for the better! He is changing the narrative to make things look better when in effect nothing has improved...only digressed!
For example Trump would say -- There are less people on welfare, medicare and food stamps! Then he would claim it is because those people now have jobs! When the truth is those people are off those programs because Trump had his people remove those people from the programs! Now instead of having medical care and food to feed their children they have even less!!

I would say when the Dept of Labor reported that for the first time in history that there are now more jobs than job seekers, it's changing the country for the better. In fact, I'd be for a soft amnesty for qualifying illegals to fill some of these jobs that haven't been filled for x months.

Trump had 7 million people removed off welfare? Gonna need the link to some evidence on that type of claim.

 

[Vic]

I would say when the Dept of Labor reported that for the first time in history that there are now more jobs than job seekers, it's changing the country for the better. In fact, I'd be for a soft amnesty for qualifying illegals to fill some of these jobs that haven't been filled for x months.

Trump had 7 million people removed off welfare? Gonna need the link to some evidence on that type of claim.

Weren't you a BLS Truther a few years ago? But now they can be trusted, right?

 

[SP33Demon]

The only one I see make excuses here is you, saying that we need to depend on the benevolence of a tyrant king to rule over us so that we can be successful. I was successful before Trump, thank you.

I was successful since W's first term but Trump's economy has been the best of the last 3 presidents. That is undeniable if we look at the numbers.

Saying he's a tyrant king is humorous because if Trump is a king then Democrats are kingmakers who made him. Remember Harry Reid and the nuclear option? Face it, the Democrats made the Republicans into the powerhouse they are today.

McConnell: ‘You’ll regret this’

The Senate minority leader warned Democrats they’d regret using the “nuclear option.”

thehill.com

Schumer regrets Dems triggering ‘nuclear option’

“It’s what we have to live with now,” he said.

thehill.com

 

[SP33Demon]

Weren't you a BLS Truther a few years ago? But now they can be trusted, right?

No idea what a BLS Truther is...

 

[fskimospy]

Job growth now is about the same as it was under Obama. If you think it was bad before and good now then you should ask yourself why.

 

[Vic]

I was successful since W's first term but Trump's economy has been the best of the last 3 presidents. That is undeniable if we look at the numbers.

Saying he's a tyrant king is humorous because if Trump is a king then Democrats are kingmakers who made him. Remember Harry Reid and the nuclear option? Face it, the Democrats made the Republicans into the powerhouse they are today.

McConnell: ‘You’ll regret this’

The Senate minority leader warned Democrats they’d regret using the “nuclear option.”

thehill.com

Schumer regrets Dems triggering ‘nuclear option’

“It’s what we have to live with now,” he said.

thehill.com

I'm not a slave who believes my success depends on who's running the country. My success is my own. Likewise, so is everyone elses'. So if the country is successful, that's because the hardworking people of this country make it successful. Not the clown in the White House, regardless of the letter next to his name.

And as usual, you claim that the Republicans' desire to erode democracy and our Constitution and make Trump a king is somehow all the Democrats' fault. Because personal responsibility, amirite? Because it's the Democrats' fault that the Republicans can't exercise power with moral restraint?
Face it, you have no personal responsibility. Or morality.

 

[Vic]

Job growth now is about the same as it was under Obama. If you think it was bad before and good now then you should ask yourself why.

Republican slaves would rather complain about the economy and refuse to work or pay their mortgages when a Republican isn't in the White House.

 

[JEDIYoda]

I would say when the Dept of Labor reported that for the first time in history that there are now more jobs than job seekers, it's changing the country for the better. In fact, I'd be for a soft amnesty for qualifying illegals to fill some of these jobs that haven't been filled for x months.

Trump had 7 million people removed off welfare? Gonna need the link to some evidence on that type of claim.

Did I say 7 million........yet what we do know is that Trump is cutting the SNAP program for low income people...countless millions of people have been and are being cut from the SNAP program!
What you claim about jobs sounds all well and good until you examine your statement further......again it all goes back to momentum from the OBama administration.......

 

[SP33Demon]

I'm not a slave who believes my success depends on who's running the country. My success is my own. Likewise, so is everyone elses'. So if the country is successful, that's because the hardworking people of this country make it successful. Not the clown in the White House, regardless of the letter next to his name.

And as usual, you claim that the Republicans' desire to erode democracy and our Constitution and make Trump a king is somehow all the Democrats' fault. Because personal responsibility, amirite? Because it's the Democrats' fault that the Republicans can't exercise power with moral restraint?
Face it, you have no personal responsibility. Or morality.

Well when you invoke the nuclear option, we all knew this day would come. Cocaine Mitch warned the Dems in 2013 when Harry Reid decimated the last shred of bipartisanship in the filibuster of judicial nominees. 191 judges later, it's McConnell who made good on his warning. Make no mistake, the 200+ judges that Trump confirms will last DECADES and past Trump's last breath. If you think power is concentrated now, just wait until these judges start blocking EVERYTHING the next Democrat prez does and forces everything to SCOTUS the way the Dems are doing with Trump out of pettiness. What goes around comes around. I wish it didn't have to be this way but Dems sent us down this path.

 

[SP33Demon]

Did I say 7 million........yet what we do know is that Trump is cutting the SNAP program for low income people...countless millions of people have been and are being cut from the SNAP program!
What you claim about jobs sounds all well and good until you examine your statement further......again it all goes back to momentum from the OBama administration.......

In the state of the union address he said 7 million people came off welfare, and you made the claim that Trump removed them. So I'm confused about your claims.

You can't claim obama after the 2017 tax cut which repatriated 1 trillion dollars from overseas back to our country. Or dramatically changed the way LLC's can deduct profit as taxes. Or put our biz tax rate on par with China's. Or the 12 Trillion in wealth created in the stock market as a result of the admin removing red tape that allow businesses to operate more efficiently.

 

[JEDIYoda]

In the state of the union address he said 7 million people came off welfare, and you made the claim that Trump removed them. So I'm confused about your claims. - Your not confused at all! Sometimes it pays to pretend you don`t know! lets see 7 million came off welfare! Why? Not because they all of a sudden found work....

You can't claim Obama after the 2017 tax cut which repatriated 1 trillion dollars from overseas back to our country. Or dramatically changed the way LLC's can deduct profit as taxes. Or put our biz tax rate on par with China's. Or the 12 Trillion in wealth created in the stock market as a result of the admin removing red tape that allow businesses to operate more efficiently.

I am sorry that you believe that to be the case!

Trump's Numbers October 2019 Update - FactCheck.org

Statistical measures of how things have changed since the president took office.

www.factcheck.org

Stock prices continued their decade-long rise -- that was happening before Trump took office! You can spin all the supposed good that trump says he has done, yet it was already going up before he took office.....
Yet Trump single handedly is responsible for adding 2 Trillion dollars to the national debt when he campaigned to eradicate the national debt.....

 

[SP33Demon]

I am sorry that you believe that to be the case!

Trump's Numbers October 2019 Update - FactCheck.org

Statistical measures of how things have changed since the president took office.

www.factcheck.org

Stock prices continued their decade-long rise -- that was happening before Trump took office! You can spin all the supposed good that trump says he has done, yet it was already going up before he took office.....
Yet Trump single handedly is responsible for adding 2 Trillion dollars to the national debt when he campaigned to eradicate the national debt.....

Yes, some were taken off of food stamps but why? And how many out of the 7 million were due to finding work? We need more details. You can't just make a blanket statement like "Well Trump removed them from welfare programs". That is false, they weren't all removed. I'd be willing to bet that the majority found jobs considering there are now more jobs open than job seekers in this country.

Stock prices, the S&P hit a 30% gain off an already all-time high. That has never happened under Obama and in fact Obama's stock market numbers were padded because he was coming off a recession. What's harder - getting a country back 30% wealth off of a recession that dropped us -200% or improving wealth 30% off an all time Dow Jones high? If you've taken an Econ 101 class the first thing they will teach you is that markets are robust. Meaning what goes down must go up, and what goes up must come down. Except in 2019, the market never went back down but 30% higher. In a normal situation this would take years to occur. But combining things such as the EU's negative interest rates so businesses are now investing in the USA, the trade deals, Trump removing regulations, quantitative easing etc the market keeps hitting new highs. The only time I've ever seen stocks continue to hit new highs on top of highs was during the dot com boom of 2000.

 

[pcgeek11]

again Trump is riding on the coattails of what Obama left him.......\
If it was left up to Trump everything would turn to shit!

Yep over three years later......................................

 

[Vic]

Well when you invoke the nuclear option, we all knew this day would come. Cocaine Mitch warned the Dems in 2013 when Harry Reid decimated the last shred of bipartisanship in the filibuster of judicial nominees. 191 judges later, it's McConnell who made good on his warning. Make no mistake, the 200+ judges that Trump confirms will last DECADES and past Trump's last breath. If you think power is concentrated now, just wait until these judges start blocking EVERYTHING the next Democrat prez does and forces everything to SCOTUS the way the Dems are doing with Trump out of pettiness. What goes around comes around. I wish it didn't have to be this way but Dems sent us down this path.

And you really need to be more careful about you wish for. Because all the Lord Emperor power you're giving Trump today WILL be in the Democrats' hand someday, and then all those judges won't matter, they'll just appoint even more. And then what comes around goes around will be all the Republicans' fault, using your 'logic' to justify a spiral into partisan tyranny.
If only this country were ran by people who believed in America, rather than only in their party, like you do. But I bet your petty hatred of your fellow Americans is all the Democrats' fault too right?

 

[Vic]

Yep over three years later......................................

Yes, all economists agree that the current economic cycle began in 2009. And the data shows that.

BTW, doesn't it bother you at all that the loudest pro-Trump voice on ATPN is clearly a big govt socialist? Or is that a yawn too?

 

[JEDIYoda]

Yep over three years later......................................

Economist as well as other will tell you that Trump inherited everything he claims that he accomplished! Yes 3 years in the momentum from the Obama presidency is still going strong...go figure!!

 

[SP33Demon]

Yes, all economists agree that the current economic cycle began in 2009. And the data shows that.

BTW, doesn't it bother you at all that the loudest pro-Trump voice on ATPN is clearly a big govt socialist? Or is that a yawn too?

So let me guess, when we hit a recession it's all Trump's fault? lol nice try. The majority of Americans already attribute the economy to Trump.