Jobs report crushes expectations as hurricane impact fades

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Re: Jobs report crushes expectations as hurricane impact fades

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@jimc91 wrote:
Manufacturing, Health Care Add the Most Jobs

Friday’s report showed the employers added jobs in most major categories, including construction, manufacturing, retail and health care.

 

The manufacturing segment added 31,000 jobs last month, with the biggest additions coming from the machinery and fabricated metal products. Since a recent low in November 2016, manufacturing employment has increased by 189,000.

 

Health care added 30,000 jobs last month. Some 25,000 positions were created in the ambulatory health care services industry, which includes offices of physicians and outpatient care centers.

Monthly employment growth in health care has averaged 24,000 thus far in 2017, compared with an average increase of 32,000 per month in 2016.

 

Leisure and hospitality, the sector most impacted by recent hurricanes, grew by 14,000 jobs last month, a somewhat weaker gain compared to average monthly growth this year before hurricanes Harvey and Irma struck the southern U.S. in late summer.

 

Retail jobs grew by 18,700 last month, with 6,800 positions created in so-called general merchandise stores. Clothing and accessories stores saw a 5,600 decline.

 

All levels of government added 7,000 jobs to payrolls last month.

 

++++++++++++++++++++++++++++

 

Yes, I would say we are beginning to win again considering manufacturing jobs are beginning to grow. President Obama said those jobs would NEVER return.  Again, he is wrong...

 

Congratulations to American workers returning to "making stuff"!!

 

Oh, the lies perpetuated by the FAKE NEWS posters......

 

Facts matter.....

 

Source: U.S. Bureau of Labor Statistics

 

from factcheck.org


"FAKE 45 #illegitimate" read a sign at the Woman's March in DC, 1/27/2017
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Manufacturing is STILL the largest sigment of the American economy, and has been on a steady, sharp increase since the jrbush World Financial Disaster. Der Trumper has done NOTHING to speed the ascent, and his big mouth threats about trade have done nothing but slow growth as our trading partners become more unsure if they can trust the Government of Der Trumper to live up to our agreements.

Here's how Manufacturing has been doing since jrbush pushed the economy off a cliff:

 

The real message from the latest reports is that although we're at "full employment", THERE IS NO GROWTH IN WAGES! The ones running the businesses are still keeping all the profits for themeslves, which means the profits from the recovery have all gone to further enrich the very rich. The CEOs have admitted this will continue when they reap the windfall from Lemontops Taxscam - the money will be used to buy back outstanding shares of company stock, increasing the value of executive stock and options while doing NOTHING to increase wages for the 99% by enough to counter inflation.
 
Der Trumper's plan for the economy is the same one Republicans have pushed since the 1920's - more for the rich, none for the rest. The fools who voted for the twit are beginning to realize they may have a job, but they're working longer and getting less, and that's not a "recovery", its another REDISTRIBUTION, FROM THE MIDDLE TO THE VERY TOP.
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You do have to admire the Trump game plan. 

 

1. Inherit a fortune from your father. 

2. Inherit a growing economy from Obama. 

 

Of course, he is pretty much intent on screwing up both of those but he does get the benefits. 

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Jobs report crushes expectations as hurricane impact fades

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This was indeed an excellent jobs report. Having said that, it amplifies why the GOP tax plan is a disgrace. Let's examine reality.

 

  • We are at near full employment, companies are having a hard time finding skilled workers.
  • Corporate profits are booming
  • Corporations are holding onto between 2 and 3 trillion dollars in cash
  • The stock market is firing on all cylinders

All of the above is true (it of course started with President Obama), so what will cutting corporate taxes  do for coroporations, the middle class, and/or our economy?

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Message 5 of 13
Manufacturing, Health Care Add the Most Jobs

Friday’s report showed the employers added jobs in most major categories, including construction, manufacturing, retail and health care.

 

The manufacturing segment added 31,000 jobs last month, with the biggest additions coming from the machinery and fabricated metal products. Since a recent low in November 2016, manufacturing employment has increased by 189,000.

 

Health care added 30,000 jobs last month. Some 25,000 positions were created in the ambulatory health care services industry, which includes offices of physicians and outpatient care centers.

Monthly employment growth in health care has averaged 24,000 thus far in 2017, compared with an average increase of 32,000 per month in 2016.

 

Leisure and hospitality, the sector most impacted by recent hurricanes, grew by 14,000 jobs last month, a somewhat weaker gain compared to average monthly growth this year before hurricanes Harvey and Irma struck the southern U.S. in late summer.

 

Retail jobs grew by 18,700 last month, with 6,800 positions created in so-called general merchandise stores. Clothing and accessories stores saw a 5,600 decline.

 

All levels of government added 7,000 jobs to payrolls last month.

 

++++++++++++++++++++++++++++

 

Yes, I would say we are beginning to win again considering manufacturing jobs are beginning to grow. President Obama said those jobs would NEVER return.  Again, he is wrong...

 

Congratulations to American workers returning to "making stuff"!!

 

 

 

 

 

 

 

VIMTSTL
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As an overview, are we winning yet? What about the promise of wages going? Not touching entitlement programs (instead of trying to improve and properly fund them)? If winning is the truth, it appears that a lot of lying is going on

 

.http://www.bbc.com/news/world-us-canada-42248999

 

US homeless people numbers rise for first time in seven years

 

The number of homeless people in the United States has increased for the first time since 2010.

 

Just under 554,000 people were homeless, a report from the department of housing and urban development said

 

Lying or just showing the pictures they want you to see, pretty much the same thing.

 

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@williamb39198 wrote:

As an overview, are we winning yet? What about the promise of wages going? Not touching entitlement programs (instead of trying to improve and properly fund them)? If winning is the truth, it appears that a lot of lying is going on.

It is hard to believe that we are winning when we are watching the destruction of our country from the inside, promoting russian intervention, and degrading our standing in the world. 

Winning? Fact is we’re looking like fools. 


Glad you noticed.  Pass it around.  You've got a lot of territory to cover.

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As an overview, are we winning yet? What about the promise of wages going? Not touching entitlement programs (instead of trying to improve and properly fund them)? If winning is the truth, it appears that a lot of lying is going on.

It is hard to believe that we are winning when we are watching the destruction of our country from the inside, promoting russian intervention, and degrading our standing in the world. 

Winning? Fact is we’re looking like fools. 

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Message 9 of 13

  I really do have to laugh as it isn't that the news is great, it is just that it surprised some economists...that is after all the headline that donald supporters are "celebrating"- economists are wrong.....

 

PayrollNov2017.png

PRO-LIFE is Affordable Healthcare for ALL .
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The economy appears to be riding a wave of some sort.  Optimism affects hiring, other things too.   What you see is artificial and won't last. 

 

Eventually the public will have to absorb the eventual negative impact of the policies now being put in place.  I suggest the optimism you see is misplaced.  All the chickens will come home to roost and they do make a mess when they do. 

 

You've seen the repercussions of this sort of medicine show.  Costs of necessities such as food, housing, transportation, renewable fuel of some sort go up.  Real income has NOT kept pace in the past and won't now.  Purchasing power is lost.  YOUR dollar buys less. The infrastructure is crumbling away now and is not being replaced in kind.  That sad downhill spiral will continue.  OUR grandkids are not getting an education geared to do the jobs that WILL exist when they 'hit the streets'....automation will make jobs fewer or of a substantially different kind.  What will be left are  service jobs that don't pay much.  Eventually the option of turning them down will not exist. People do have to scrape out a living however they can.

 

Dig out your grocery receipt...what do you see on the bottom line total?  Remember what that figure used to be?  Sure you do.  Remember when two full half gallons of ice cream cost $5.00?  Now you get two 3/4 gallons for $5.00...IF you hit the sales right.  Otherwise it's $7.50.  Remember when a Milky Way bar was $0.05.  When I was still working it still cost that.  Today they're $1.00 and the size smaller. The money I could tuck away then, I earned then. What it buys today is far, far less than it was then.  Remember when a loaf of french bread on sale at Safeway was $0.99?  What's the sale price now.  IF anything is not on sale, I don't buy it.  Haven't for some time.

 

It's too soon to dig out the "Happy Days Are Here Again" songbook. Unless you've hit the stock market right all the time, everytime, you will pay for what you get today with a dollar whose purchasing power is far less than when you earned it.  COLA won't equalize that.  As I write this the Social programs that might have patched a few holes in the pocket are in the process of being dismantled...in some cases simply by not funding a governmental department adequately.  Your wallet is thinner, the nest egg is smaller and the pocket emptier.  

 

Yeah.  what we see is really good news and somebody is going to make a whole bunch off it.  I hate to say it, but it most likely won't be you and yours. 

 

 

 

 

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