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

[CaliCat 3,957]

12 minutes ago, smilesammich said:

and bounces right back to gold plate another toilet!

That's his plan for America. Bankrupt the country. 

[Teddy B 17,252]

Just now, CaliCat said:

That's his plan for America. Bankrupt the country. 

Let it fail, he doesn't own it!

[jg121783 3,915]

1 hour ago, smilesammich said:

failing ny times lies, jobs numbers are true but its thanks obama, not trump! https://www.nytimes.com/interactive/2017/08/04/business/economy/the-economy-under-president-trump.html

If it's good it's because of Obama. If it's bad (the failure of Obamacare for example) its because of Trump.

 

42 minutes ago, IAMX said:

 

 

No.. its from a lot of lazy millennials who act as if they're entitled to jobs, put no effort into career or increasing labor value, and/or don't even look for jobs. 

 

Besides that, yes, unskilled labor has been annihilated due to FTAs. 

They just want to be paid $15 an hour to flip burgers instead of learning a skill. 

[CaliCat 3,957]

40 minutes ago, Teddy B said:

Let it fail, he doesn't own it!

 

He'll blame congress, Obama, Hillary, everyone else. 

[smilesammich 10,727]

3 minutes ago, jg121783 said:

If it's good it's because of Obama. If it's bad (the failure of Obamacare for example) its because of Trump.

 

i don't think the passage of time is biased in such a manner. but whatever, if you want to take that route why is it that trump says jobs numbers are fake before he gets into office but once he gets into office they're very real and correct and show how great trump is?

5 minutes ago, CaliCat said:

 

He'll blame congress, Obama, Hillary, everyone else. 

hey don't forget michael moore and al gore and college students pursuing liberal arts degrees..

[OriZ 3,157]

3 hours ago, smilesammich said:

i don't think the passage of time is biased in such a manner. but whatever, if you want to take that route why is it that trump says jobs numbers are fake before he gets into office but once he gets into office they're very real and correct and show how great trump is?

hey don't forget michael moore and al gore and college students pursuing liberal arts degrees..

Well it's kinda like saying the market was a bubble(which was correct) and now it's all of a sudden something to write on twitter about every day. Honestly, every tweet touting the stock market only makes him detestable to me; Don't glee, Obama taking credit for the stock market as well as gas prices made him detestable to me as well. This link has some good info in it too:

 

https://thefelderreport.com/2017/08/02/by-this-measure-the-current-stock-market-bubble-is-far-bigger-than-the-dotcom-bubble/

 

Writing is on the wall; has been for a while is all I can say. 

[IAMX 3,055]

As always, the job numbers matter as far as what jobs are being made. 

 

More service sector jobs? Likely.

 

Can't tell right now if Trump is bringing back worthwhile jobs, i.e. production. I'm sure he'll say he is and pat himself on the back but I won't, not yet at least until I see proof.

[OriZ 3,157]

26 minutes ago, IAMX said:

As always, the job numbers matter as far as what jobs are being made. 

 

More service sector jobs? Likely.

 

Can't tell right now if Trump is bringing back worthwhile jobs, i.e. production. I'm sure he'll say he is and pat himself on the back but I won't, not yet at least until I see proof.

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.

Significant job gains also came from health care, with 39,000.

"This is an unambiguously positive jobs report, as it suggests that consumers will have the wherewithal to increase spending (with solid job gains and faster wage growth) and that inflation may be slowly pushed higher by tighter labor and product markets," said David Berson, chief economist at Nationwide.

If there was a blemish in the month's numbers, it came from the distribution of jobs to lower-income sectors. Job creation was strongly titled to part time, which gained 393,000 positions, while full time fell by 54,000.

 

https://www.cnbc.com/2017/08/04/us-nonfarm-payrolls-july-2017.html

 

A blemish 

 

 

 

 

[IAMX 3,055]

I lol'd at CNBC's whining about him not hitting 3%.

 

#NotMyPresident  #Resist 

Edited August 5, 2017 by IAMX

[OriZ 3,157]

2 hours ago, IAMX said:

I lol'd at CNBC's whining about him not hitting 3%.

 

#NotMyPresident  #Resist 

Well really quarters don't mean jack. Annually it shouldn't even be as close as the last quarter was. It's not a guess, just arithmetic so I'd be really surprised if he hits anywhere near that number on an annual basis.