Monster November Jobs Report!
- Thread starter anatta
- Start date
Darth Omar
Russian asset
Impeach him lol!
The Numbers
■ 266,000 jobs were added in November. Analysts had expected a gain of about 180,000, according to MarketWatch.
■ The unemployment rate was 3.5 percent, down from the previous month.
■ Average hourly earnings rose 0.2 percent, with a year-over-year gain of 3.1 percent.
The Takeaway
Since then, there have been signs that the slowdown was slowing, said Joe Galvin, chief research officer of Vistage, an association of small-business owners and executives.
Roughly 60 percent of the 654 employers surveyed in November by Vistage said they planned to expand head count next year. Just 4 percent are planning cuts.
https://www.nytimes.com/2019/12/06/business/economy/jobs-report.html
■ 266,000 jobs were added in November. Analysts had expected a gain of about 180,000, according to MarketWatch.
■ The unemployment rate was 3.5 percent, down from the previous month.
■ Average hourly earnings rose 0.2 percent, with a year-over-year gain of 3.1 percent.
The Takeaway
Among businesses, worries about the economy seemed to peak this summer.
Since then, there have been signs that the slowdown was slowing, said Joe Galvin, chief research officer of Vistage, an association of small-business owners and executives.
Roughly 60 percent of the 654 employers surveyed in November by Vistage said they planned to expand head count next year. Just 4 percent are planning cuts.
https://www.nytimes.com/2019/12/06/business/economy/jobs-report.html
I'm curious -- you evidently give Trump credit for this. What, exactly, has he done to earn that credit?
lol are you really curious? OK.
He took a pent up economy by regulations and let them loose and along with corporate taxcuts
that helped bring back jobs from overseas.
It also simplified tax for individuals and reduced the number of filers -there was some cuts too
Just wait till NAFTA 2and an eventual China trade deal ( assuming his relection) gets done.
He will have completely changed trade to leverage the size of the US economy in bi-lateral relations
while growing the aggregate size of the economy by a couple trillion ?( exact number unknown)
China is stagnant and shrinking, we are still booming
Getin the ring
Verified User
just stop, if you looked any more stupid for Christs sake.
know when to stay out of a thread, nut**bag
Yes, I am curious. I have yet to see any comprehensive and credible compilation of what the failed businessman has done to effect the economy for the good. (The tariffs have not done that, obviously). What regulations, specifically?
Which jobs in which industries, specifically? Can you cite some companies who had outsourced and now have those same jobs here? Customer service phone jobs do not count.
I'll stipulate that the tax bill was a bonanza for the already-wealthy. So how does simplifying a tax return form boost the economy? Can you show us how the average American worker is making much more than he/she was before that tax bill passed?
Why didn't he do this stuff when he had both chambers and two years to do it in?
Will this be in addition to the rapidly-burgeoning debt?
Like us, China is a maturing economy. Doesn't matter; we're not discussing them.
So essentially you cannot provide any specifics that 45 has done that boost the economy. I notice that you also left out GDP. Why's that?
Getin the ring
Verified User
you insist on being stupid.
is this an act or is there some poor man out there that has to deal with you on a daily basis
go play in the anti-greta thread or something, this thread is out of your undersatnding
Tell us, Mujer de Buho, what would have been your response had the job report been negative?
[fr:2018]
Over the past two years, federal agencies have reduced regulatory costs by $23 billion and eliminated hundreds of burdensome regulations, creating opportunities for economic growth and development. This represents a fundamental change in the direction of the administrative state, which, with few exceptions, has remained unchecked for decades. The Obama administration imposed more than $245 billion in regulatory costs on American businesses and families during its first two years.
The benefits of deregulation are felt far and wide, from lower consumer prices to more jobs and, in the long run, improvements to quality of life from access to innovative products and services
. Eliminating unnecessary and duplicative red tape has helped the Trump administration achieve the lowest unemployment rates in nearly 50 years and dramatic economic growth for our country.
https://www.washingtonpost.com/opin...bd0b4c-d194-11e8-83d6-291fcead2ab1_story.html
all jobs count.
there are a lot of working from home mothers and disabled that use my company for CS ( non-sales) jobs.
Manufacturing sector is the classic ex. Obama lost 200k -Trump has grown now over 500k with 54k added this month
it's less costs for business,and for individuals outside of SALT states it's a tax cut,and many lower income don't have to file now
Paul Ryan,John McCain, #neverTrumpers
debt is structural. Congress has to cut it
you asked -i told you about trade. China is a mature economy - it's just got a lot of room to grow yet
GDP measures the size of growth over a time periods . This is jobs report, and you asked about "his policies"
Noking
Fight authoritarianism support Noking
What happens after the holidays????
Noking
Fight authoritarianism support Noking
Such a loser that you are.
what do you think?
Paul Krugman has been calling a recession for 3 years now
I will respond, Trumper.
President Trump will be re-elected in 2020. it’s the economy, stupid.
Teflon Don
I'm back baby
You won't get it, but I will attempt to educate you
1) He unleashed capital with his tax cut you leftists hate
2) He unleashed the entrepeneurial spirit by slashing regulations. Something democrats and republicans have waxed poetic about, but ONLY President Trump has done.
3) He has taken on unfair trade practices and focused on American workers. Something leftists used to claim to care about
Noking
Fight authoritarianism support Noking
Earl, there are storm clouds on the horizon for the economy going forward in time.