Economy adds 225K jobs in January, far beyond expectations

  

Category:  News & Politics

Via:  vic-eldred  •  5 months ago  •  53 comments

By:   BY SYLVAN LANE

Economy adds 225K jobs in January, far beyond expectations

S E E D E D   C O N T E N T



The U.S. added 225,000 jobs in January as a decline in trade tensions and mild winter weather boosted a resilient labor market, according to data released Friday by the Bureau of Labor Statistics (BLS).

The January jobs gain was far beyond the projections of economists, who expected the U.S. to add between 150,000 and 160,000 workers. The unemployment rate ticked higher to 3.6 percent as the labor force participation rate rose by 0.2 percent to 63.4.

Economists forecasted a solid month of job gains after  President Trump  signed a preliminary trade deal with China and a revised North American trade agreement, easing years of uncertainty and tension that roiled the global economy. A warm January also helped the construction sector add 44,000 workers, leading all industries for the month.

The U.S. also saw significant gains in the health care industry (36,000), transportation and warehousing (28,000), leisure and hospitality (36,000) and business services (21,000).

The blowout jobs report reinforced the strength and resilience of the U.S. economy amid a global slowdown, the toll of Trump's tariffs, and daunting foreign conflicts. The surprising gain also gives Trump another example to tout on the campaign trail as he seeks to clinch another presidential term with a strong economy.

Economic growth as measured by gross domestic product (GDP) expansion slowed to 2.3 percent in 2019 and is expected to slump to roughly 2 percent in 2020. While that pace is well below Trump's promised clip of at least 3 percent growth, economist expect it to sustain a growing labor market and unemployment near record lows.

Treasury Secretary  Steven Mnuchin  ceded in a Thursday interview that the U.S. would not reach 3-percent growth in 2020, but "we're seeing the numbers that we really want, which is very strong job growth, and also wage growth."

Even so, the report also included revisions to 2019's figures that shaved roughly 514,000 off of last year's total jobs gain. The economy also came close to breaking a record stretch of job gains in February only adding 1,000 jobs, according to revised figures.

And employment in manufacturing and mining continued to stagnate despite Trump's promises to revive those industries. The manufacturing sector lost 12,000 jobs in January, almost entirely in the auto sector, while mining employment stayed largely the same.

Wage growth also ticked higher to 3.1 percent on an annualized basis, increasing from December but below the pace economists consider necessary to keep up with  rising  health care, education and housing costs.


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Vic Eldred
1  seeder  Vic Eldred    5 months ago

From the infamous tent scene in the movie "We're the Millers":

"We're swinging!"

 
 
 
Snuffy
1.1  Snuffy  replied to  Vic Eldred @1    5 months ago

Wait, those numbers can't be right.  I've been told by so many that the economy is slowing down under President Trump and his past good numbers are only due to the (cough cough) hard work from Obama...  /s

 
 
 
Vic Eldred
1.1.1  seeder  Vic Eldred  replied to  Snuffy @1.1    5 months ago

Not long ago there was that talk of the imminent "recession." It's been another tough week for democrats!

 
 
 
Vic Eldred
1.1.2  seeder  Vic Eldred  replied to  Vic Eldred @1.1.1    5 months ago

Let us not forget - Average hourly wages up 3.1% from last year.

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Good times for working Americans!

 
 
 
XDm9mm
1.1.3  XDm9mm  replied to  Vic Eldred @1.1.1    5 months ago
Not long ago there was that talk of the imminent "recession." It's been another tough week for democrats!

Actually, it's been a really tough three and a half years for Democrats.

The recession if not depression they proclaimed would happen in Trumps first year, never materialized.  In fact just the opposite.

The start of WWIII or nuclear war with Korea they proclaimed would happen due to Trump never materialized.  In fact exactly the opposite has occurred.  NoKo has actually done more with Trump to minimize that and possibly ultimately denuclearize than any other President in history.  Of course having a President that actually spoke with the NoKo leader likely helped that possibility greatly. 

The jobs Obama proclaimed weren't coming back:

“When somebody says like the person you just mentioned who I’m not going to advertise for, that he’s going to bring all these jobs back. Well how exectly are you going to do that? What are you going to do? There’s uh-uh no answer to it. He just says. “I’m going to negotiate a better deal.” Well how? How exactly are you going to negotiate that? What magic wand do you have? And usually the answer is, he doesn’t have an answer.
Source:  https://www.thegatewaypundit.com/2017/12/flashback-obama-says-manufacturing-jobs-arent-coming-back-trump-sets-record-highest-number-new-manufacturing-jobs-month-ever/

Well Obama, the "magic wand" is President Trump and HIS FAITH in the American WORKER.  That's the magic wand you never did and never will understand.  AMERICA and the AMERICAN PEOPLE.  Trump understands.

 
 
 
Vic Eldred
1.1.4  seeder  Vic Eldred  replied to  XDm9mm @1.1.3    5 months ago

You might even say it sucks being a democrat these days!

 
 
 
XDm9mm
1.1.5  XDm9mm  replied to  Vic Eldred @1.1.4    5 months ago
You might even say it sucks being a democrat these days!

That my man is an understatement.

Once some of the core Democrat base realizes that President Trump has succeeded in fulfilling the "promises" made to them by the Democrats for decades and is working to accomplish yet more, they will very likely return to the party of Martin Luther King;

It should come as no surprise that Dr. Martin Luther King , Jr. was a Republican . In that era, almost all black Americans were Republicans. Why? From its founding in 1854 as the anti-slavery party until today, the Republican Party has championed freedom and civil rights for blacks.

Source:  https://humanevents.com/2006/08/16/why-martin-luther-king-was-republican/

Trump, Donald AND Ivanka championed economic opportunity zones and they are now reality.  Democrats made promises.

Trump has initiated prison reform helping prisoners get out early and transition to life outside of prison.  Democrats made promises.

People will come to realize that the Republicans are actually the party of change and progress.  The Democrats are the party of ensuring government dependence and by doing so ensuring government control.

 
 
 
Vic Eldred
1.1.6  seeder  Vic Eldred  replied to  XDm9mm @1.1.5    5 months ago

Wouldn't that be the icing on the cake?  Imagine Trump taking away the hold the democratic party has had on specific groups, who have been taken for granted for decades!

 
 
 
XDm9mm
1.1.7  XDm9mm  replied to  Vic Eldred @1.1.6    5 months ago

It's actually a fairly good possibility.

There's this from a granted biased site and it is slightly dated ( August 19, 2019, 12:05 AM) , but his numbers now are actually even better than then.

A mounting number of voter polls show that, despite shrill denunciations of the president by the Democrats for his alleged racism, Trump is enjoying a dramatic increase in his approval ratings among minorities. This isn’t, as some liberal news outlets and pundits have suggested, wishful thinking based on outlier polls. The trend began showing up in surveys early this year and appears to be gaining momentum. Some polls now show his approval numbers at 25 percent among African American voters and 50 percent among Hispanic voters. If those figures hold for the next 15 months, they will render Trump unbeatable in November of 2020.

Source:  https://spectator.org/why-trumps-approval-ratings-are-up-among-minorities/   

 
 
 
Vic Eldred
1.1.8  seeder  Vic Eldred  replied to  XDm9mm @1.1.7    5 months ago

He got 8% of the black vote in 2016. After delivering prosperity for minorities, he should improve dramatically on that number. He has changed so many political norms. This would be another feather in that red cap!

 
 
 
Heartland American
1.1.9  Heartland American  replied to  Vic Eldred @1.1.8    5 months ago

MAGA! 

 
 
 
Sean Treacy
2  Sean Treacy    5 months ago

It's incredible we are still adding jobs at this rate. Truly amazing.

 
 
 
XDm9mm
2.1  XDm9mm  replied to  Sean Treacy @2    5 months ago
It's incredible we are still adding jobs at this rate. Truly amazing.

When one considers we are at what most consider "full employment" it really is amazing.  But then most never considered a Donald Trump at the helm either.  He's helping create the environment for business to feel good about growing and expanding and for some existing companies to repatriate back here from overseas.

Trump is the difference this country needed.  A business man as opposed to a politician.

 
 
 
Just Jim NC TttH
2.1.1  Just Jim NC TttH  replied to  XDm9mm @2.1    5 months ago
A business man as opposed to a politician.

And Steyer is piggy backing on that as we type. "The only way we can beat Trump is on the economy"

Really Daddy Warbucks?

You go ahead and hang your hat on that one mmmmmmK

 
 
 
XDm9mm
2.1.2  XDm9mm  replied to  Just Jim NC TttH @2.1.1    5 months ago
And Steyer is piggy backing on that as we type. "The only way we can beat Trump is on the economy"

Really Daddy Warbucks?

You go ahead and hang your hat on that one mmmmmmK

Maybe Steyer is unaware that his party wants to essentially take over the economy through government dictates and judicial fiat.

 
 
 
Heartland American
2.1.3  Heartland American  replied to  XDm9mm @2.1.2    5 months ago

Oh, he’s well aware of that.  

 
 
 
squiggy
3  squiggy    5 months ago

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Jeremy Retired in NC
4  Jeremy Retired in NC    5 months ago

It must be killing CNN to make that report.

 
 
 
Perrie Halpern R.A.
5  Perrie Halpern R.A.    5 months ago

I hate to be a bit of a bummer, but the middle class has not been improving. In fact, it slightly shrank. It hasn't even kept up with inflation rates. 

And yes jobs have gone up, due to the stimulus of tax breaks that are being paid for by our government, which now has a national debt of 22 trillion and growing. Basic economics says that this will have to be paid back. Of course, this will be the next guy's problem, right?

I'll wait till you all jump on me for being truthful.

 
 
 
Just Jim NC TttH
5.1  Just Jim NC TttH  replied to  Perrie Halpern R.A. @5    5 months ago
the middle class has not been improving. In fact, it slightly shrank.

Curious as to which way the "shrinkage" jrSmiley_18_smiley_image.gif went. More people move up or more people dropped down. Any idea? After all, they don't just disappear. I'll try to find it but I think it may be an exercise in futility as I doubt there is much hard data................IMO kinda hard to pinpoint

Thoughts?

 
 
 
Perrie Halpern R.A.
5.1.1  Perrie Halpern R.A.  replied to  Just Jim NC TttH @5.1    5 months ago

It went towards the upper class, which grew by 5% and the lower which grew by 4%.

But the actual income earned has remained stagnant by the middle class but has actually grown slightly in the upper classes. 

And no it is not hard to pinpoint. It's based on the IRS. 

 
 
 
Sean Treacy
5.1.2  Sean Treacy  replied to  Perrie Halpern R.A. @5.1.1    5 months ago

So the middle class is smaller because more people became upper class?

How terrible!

 
 
 
Perrie Halpern R.A.
5.1.3  Perrie Halpern R.A.  replied to  Sean Treacy @5.1.2    5 months ago

And they became part of the lower middle class. 

And neither of their actual salaries have kept up with inflation, so their actual purchasing power has gone down.

But nice to see, you are a glass half-full kind of guy. 

 
 
 
It Is ME
5.2  It Is ME  replied to  Perrie Halpern R.A. @5    5 months ago
I hate to be a bit of a bummer, but the middle class has not been improving.

I must run in different circles, 'cause I haven't had a client that's whined about what's going on since 2018, at all. In Fact, they're happy they have so much work, and sometimes can't keep up with it.

"stimulus of tax breaks that are being paid for by our government"

How does the "Government" pay for the tax breaks ? "Government doesn't "Earn" Money. Here I thought, being able to keep more personal money, means "Government" just get's less money from their employee's (Citizens that actually work). Are they not compensating for their lower income again ? 

 
 
 
Perrie Halpern R.A.
5.2.1  Perrie Halpern R.A.  replied to  It Is ME @5.2    5 months ago
I must run in different circles, 'cause I haven't had a client that's whined about what's going on since 2018, at all. In Fact, they're happy they have so much work, and sometimes can't keep up with it.

Yes because last year they got a little extra money out of their taxes. But the reality is consumer purchasing power has gone down. The ultimate wash. And their actual income didn't go up, they just got more back from their taxes. 

How does the "Government"payfor the tax breaks ?

When the government does not get the money they need from taxes, they take it from other places. That is why the debt keeps growing. Look up the Laffer Curve.

 
 
 
It Is ME
5.2.2  It Is ME  replied to  Perrie Halpern R.A. @5.2.1    5 months ago
Yes because last year they got a little extra money out of their taxes.

Taxes.....and Money from MORE work for the taking. "More Work" seems to have been left out.

" When the government does not get the money they need from taxes, they take it from other places. "

Like I noted before:

5.2  It Is ME - "Are they not compensating for their lower income again ? "

Don't be distraught though, there are up and coming Democrats running for the Presidency, that have promised to up the income of government, by taking more from their "Employee's. Is it possible Happy Government Days will be here again in November this year ? jrSmiley_13_smiley_image.gif

 
 
 
Just Jim NC TttH
5.2.3  Just Jim NC TttH  replied to  Perrie Halpern R.A. @5.2.1    5 months ago
When the government does not get the money they need from taxes, they take it from other places. That is why the debt keeps growing.

I think you nailed it with one large exception. Unbridled elitism in that "we know what is best" for you. If they don't have the money, the "program(s)" need some tweaking. You know that old spend what you've got and not much more than you can truly afford. I have to. You have to. We all have to. But they spend on their definition is of "the good of the country" when indeed in a lot of cases, the good of the country can do without it..............at least the majority. And you have to admit, thousands of thousands of dollars spent analyzing why a dancing frog, dances. There is more spending on "studies" to justify a program and get the results one wants than is truly necessary. We have studies going on here right now to the tune of $250K to see if further public transportation is needed. While I realize that some sort of analysis needs to be done, those study figure are rather frivolous.

JMHO

 
 
 
Perrie Halpern R.A.
5.2.4  Perrie Halpern R.A.  replied to  It Is ME @5.2.2    5 months ago
Taxes.....and Money from MORE work for the taking. "More Work" seems to have been left out.

The number of people who are working is not in debate here. What is, is the overall economy. Buying power and the national debt plays into that.

Don't be distraught though, there are up and coming Democrats running for the Presidency, that have promised to up the income of government, by taking more from their "Employee's. Happy Government Days will be here soon again ? jrSmiley_13_smiley_image.gif

You obviously have no idea of what I am talking about so I got a silly comment instead. The national debt has to be paid back and at a rate that is lower than our current rate. That is a basic economic model. 

 
 
 
It Is ME
5.2.5  It Is ME  replied to  Perrie Halpern R.A. @5.2.4    5 months ago
The number of people who are working is not in debate here. What is, is the overall economy. Buying power and the national debt plays into that.

The "Powers" that be, don't seem to talk with too many "Everyday" NORMAL folks, and not one damn "Regular Folk" has EVER based their buying power on "Government Debt". It's all about "What's in Your Wallet" for folks..

I don't go by what the stock market does, do you ? 

I go by what I'm able to do. I can do much more than I used to be able to do. You ?

"The national debt has to be paid back and at a rate that is lower than our current rate."

AGAIN....what person do you know that has ever curbed their own spending because of "THE governments Debt" ?

 
 
 
Perrie Halpern R.A.
5.2.6  Perrie Halpern R.A.  replied to  Just Jim NC TttH @5.2.3    5 months ago
Unbridled elitism in that "we know what is best" for you.

Jim, I am so tired of these tag terms. I am talking economics and you are talking about elitism. 

And you have to admit, thousands of thousands of dollars spent analyzing why a dancing frog, dances. There is more spending on "studies" to justify a program and get the results one wants than is truly necessary.

You do realize, whether or not you agree with this spending, it is but a small fraction of what is being spent on other things that is driving up the debt. It is the debt and the current interest rates that are going to kill us down the road, not to mention that we are not keeping up with the inflation rate with our salaries, hence why a tax stimulus boosts the economy. But that stimulus will have to be paid back. 

It is just robbing Peter to pay Paul. 

 
 
 
Perrie Halpern R.A.
5.2.7  Perrie Halpern R.A.  replied to  It Is ME @5.2.5    5 months ago
It's all about "What's in Your Wallet" for folks..

Until it has to be paid back. Then it's OUCH!

I don't go by what the stock market does, do you ? 

The stock market is not even part of this equation. It is just a knee jerk economic indicator. 

I go by what I'm able to do. I can do much more than I used to be able to do. You ?

For now you are.. you will have to pay the pipper down the road.

AGAIN....what person do you know that has ever curbed their own spending because of "THE governments Debt" ?

They don't and that is why Americans save less than most western nations. It still doesn't mean that there won't be a payback time either. 

Btw, my husband and I are savers and invest in real estate. That is because we get how this goes. 

 
 
 
It Is ME
5.2.8  It Is ME  replied to  Perrie Halpern R.A. @5.2.7    5 months ago
Until it has to be paid back. Then it's OUCH!
For now you are.. you will have to pay the pipper down the road.

When's that gonna happen ? It's been over 300 years so far, and I haven't gotten a bill yet ?

"That is because we get how this goes."

You don't think there are more of your type out there than what is actually reported ?

 
 
 
Perrie Halpern R.A.
5.2.9  Perrie Halpern R.A.  replied to  It Is ME @5.2.8    5 months ago
When's that gonna happen ? It's been over 300 years so far, and I haven't gotten a bill yet ?

What do you call no real increases in actual wages, tax increases, interest reductions and economic slumps? That is how you pay. 

You don't think there are more of your type out there than what is actually reported ?

Actually I know there are not. You seem to forget what I do for a living, and it ain't NT, LOL. 

 
 
 
Just Jim NC TttH
5.2.10  Just Jim NC TttH  replied to  Perrie Halpern R.A. @5.2.6    5 months ago
I am talking economics and you are talking about elitism. 

As am I. What do you call the keepers of the cash spending on whimsical shiny objects? It takes a one dollar at a time approach, much like what we do in our everyday lives, but frivolous spending is the norm............because they can. Granted, pressure MAYBE from their constituents has a little to do with it but their constituents are the first to bitch that we are spending money we don't have all the while demanding more feel good. It makes no sense to me. Wonder what that $250K could do for some homeless folks right here. There is just too much damned waste and corruption in the ranks responsible for the direction of the cash programs.

I have seen many people type about conservatives that their attitude is "I got mine, screw you". Well other than their exorbitant salaries and the fact many in GovCo go in with a modest amount of money and come out millionaires. It's support for "porkulous" pet projects that just don't benefit all. That is the only spending that should be prioritized.

 
 
 
Perrie Halpern R.A.
5.2.11  Perrie Halpern R.A.  replied to  Just Jim NC TttH @5.2.10    5 months ago

Jim,

I do not deny that there is dumb spending going on. But you make it sound like it is all spent on one kind of project and it isn't. When my dad worked for Grumman, they had soldering irons that cost more than $1000, of which almost every guy had one issued to them and that was in the '60's. It still goes on today. So yes, while I do agree with you 100% that  $250K could help many a soup kitchen or food for elders, that is not the way it shakes out given any party. The frivolous spending goes on. 

 
 
 
XDm9mm
5.2.12  XDm9mm  replied to  Perrie Halpern R.A. @5.2.1    5 months ago
When the government does not get the money they need from taxes, they take it from other places. That is why the debt keeps growing. Look up the Laffer Curve.

I'm sorry PH, but is the concept of CUTTING EXPENSES never factor into the concept of federal spending?

How about this as an option.

First, allow all federal agencies to 'return' unused budget allowances without cutting the next budget allocation?  Hundreds of millions, if not billions are squandered by the agencies and departments of the federal government every year to ensure they spend their allocated budget as they're afraid they won't get as much next budget cycle.  That's the reason they go on spending sprees every August and September.  To spend every last penny they got.  And i'll submit that the vast majority of that money is wasted on unnecessary nonsense.  I've seen it personally in multiple agencies, so yeah that's personal knowledge and universally acknowledged by all.

Second, cut the bureaucracy down by at least 10%.  How many different departments and agencies are necessary to accomplish the same task?   The overlap of responsibilities within the federal government is mind boggling. 

Eliminate the abject waste in government.  I don't know if it's accurate any longer, but there was one agency I knew of that had over 500,000 square feet of VACANT space in the DC metro area that they were paying for.  ONE AGENCY.  They of course paid the rent, but no one used the space and it still had to be maintained.

Perrie, it's often said the government doesn't have a revenue problem, they have a spending problem.

If you or I, or anyone, including state and local governments did what the federal government does, we would be in prison.  The difference between them and us is that THEY can obligate US for their screwups, but we can't obligate them.

 
 
 
It Is ME
5.2.13  It Is ME  replied to  Perrie Halpern R.A. @5.2.9    5 months ago
What do you call no real increases in actual wages, tax increases, interest reductions and economic slumps? That is how you pay. 

Yet the Debt and Deficit STILL go Up !

My paycheck gets bigger with Tax Breaks. A paycheck goes down with Tax Increases. jrSmiley_97_smiley_image.gif

" Actually I know there are not . You seem to forget what I do for a living,"

And I know there are. Like I said.....we run in different circles. LOL !

 
 
 
Perrie Halpern R.A.
5.2.14  Perrie Halpern R.A.  replied to  XDm9mm @5.2.12    5 months ago
I'm sorry PH, but is the concept of CUTTING EXPENSES never factor into the concept of federal spending?

Where did I say that? In fact, I think I gave a good example with the very expensive sodering irons. 

And yes, we have tons of gov positions that could be cut. 

But once again, that isn't what is causing the trillions that are being spent right now.

 
 
 
XDm9mm
5.2.15  XDm9mm  replied to  Perrie Halpern R.A. @5.2.14    5 months ago
And yes, we have tons of gov positions that could be cut.  But once again, that isn't what is causing the trillions that are being spent right now.

Then if more expense than revenue isn't causing the spending what exactly is?

If you say permitting the people to keep more of the money they earn for themselves as opposed to letting the government waste it, there is in point of fact a problem with your perception of the problem. 

CUTTING OUTFLOW will cut spending amounts will cut borrowing requirements will cut need for more revenue inflow will allow more cutting outflow.

Do you tell your clients to increase their spending to save for retirement or do you tell them to cut their expenses?

 
 
 
Perrie Halpern R.A.
5.2.16  Perrie Halpern R.A.  replied to  XDm9mm @5.2.15    5 months ago
Do you tell your clients to increase their spending to save for retirement or do you tell them to cut their expenses?

I tell them to determine what is needed to be spent on and remove what is not. A cost analysis. 

But even with cutting unnecessary expenses, the deficit is going up from covering the loss in tax revenue and accounting for any growth in the economy. This is a fact. 

 
 
 
Dean Moriarty
5.2.17  Dean Moriarty  replied to  Perrie Halpern R.A. @5.2.16    5 months ago

Growth in the economy generates more tax revenue. That's why Trump was able to bring in record tax revenue with the tax cuts. 

 
 
 
Sean Treacy
5.2.18  Sean Treacy  replied to  Perrie Halpern R.A. @5.2.16    5 months ago

The deficit is going up because of entitlements.  Blaming the tax cuts is like blaming a paper cut for killing someone who got decapitated.

 
 
 
XDm9mm
5.2.19  XDm9mm  replied to  Perrie Halpern R.A. @5.2.16    5 months ago
But even with cutting unnecessary expenses, the deficit is going up from covering the loss in tax revenue and accounting for any growth in the economy.

The problem with that analysis is that you have NO IDEA how much can be cut as no one is even attempting it.  Hell, no one is even trying to rein in the abject waste as I noted in 5.2.12.

ONE agency paying for over 500,000 sq ft of expensive DC metro area rent annually that is not used.   How many other agencies are doing the exact same thing?    

Before we talk about RAISING taxes, cut the waste and fat.  Then we can talk about tax rates.

I'm personally tired of the government pissing away tax dollars with NO, allow me to repeat that, NO ACCOUNTABILITY to anyone anywhere at any time.

And yes, I made out very well financially when I was actively contracting, and still do when I'm called on.  But, when I work CONUS, my rates are in line with what are paid locally.  When I was OCONUS, I was paid exceptionally well as people were trying to kill us and as a contractor, I had no government protections financially if I was injured or killed.   All they would do was get me out of immediate harms way.  I had my own transportation insurance to get me back for treatment (again insurance I paid for) or a corpse for burial. 

 
 
 
Heartland American
5.2.20  Heartland American  replied to  Perrie Halpern R.A. @5.2.16    5 months ago

But they reduced the outflow “cost” of the tax cuts by putting a 750k cap on mortgage interest deduction and a nationwide 10k cap on state and local tax deductions.  That knocked the cost from 1.5 trillion over 10 years to 1.1 trillion over ten years.  This tax on the rich was the first thing the democrat house tried to repeal last year.  

 
 
 
pat wilson
5.3  pat wilson  replied to  Perrie Halpern R.A. @5    5 months ago
Of course, this will be the next guy's problem, right?

Absolutely. If a Dem wins in November they will be handed a burning sack of shit economy on inauguration day, much like what happened to Obama.

 
 
 
Trout Giggles
5.4  Trout Giggles  replied to  Perrie Halpern R.A. @5    5 months ago

Did you notice where all those new jobs are?

Service industry such as health care, trucking, warehousing, and hospitality services. No manufacturing jobs mentioned

 
 
 
Perrie Halpern R.A.
5.4.1  Perrie Halpern R.A.  replied to  Trout Giggles @5.4    5 months ago

Actually, I have not looked at those numbers. Now I will have to check that out.

 
 
 
Trout Giggles
5.4.2  Trout Giggles  replied to  Perrie Halpern R.A. @5.4.1    5 months ago
A warm January also helped the construction sector add 44,000 workers, leading all industries for the month. The U.S. also saw significant gains in the health care industry (36,000), transportation and warehousing (28,000), leisure and hospitality (36,000) and business services (21,000)

That's from the seed. So construction added some jobs but only because it was a warm January. I didn't see anything mentioned about manufacturing jobs

 
 
 
Perrie Halpern R.A.
5.4.3  Perrie Halpern R.A.  replied to  Trout Giggles @5.4.2    5 months ago

Well, there is that, LOL!

 
 
 
evilgenius
5.4.4  evilgenius  replied to  Trout Giggles @5.4    5 months ago
No manufacturing jobs mentioned

According to NPR this morning manufacturing had a slight decrease. Part of that (but not all) is this coronavirus in China has shuttered several factories.

 
 
 
Heartland American
5.5  Heartland American  replied to  Perrie Halpern R.A. @5    5 months ago

What has been happening to the size of the professional and upper classes?  

 
 
 
Tessylo
7  Tessylo    5 months ago

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