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Thread: Monster November Jobs Report!

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    the republican party is fucking evil

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    manufacturing sector added 54,000 jobs in November, offsetting a decline in October related to nearly 50,000 General Motors workers who were then on strike.
    the job increases were widespread across the US economy.

    Health care had a big gain, up 45,000, as did the leisure and hospitality industry, which also added 45,000 jobs.
    "This firmly helps put fears of recession in the rearview mirror," said Michael Arone, chief investment strategist at State Street Global Advisors.
    Still, the overall level of hiring so far this year is a bit slower this year than it was in 2018. Employers added an average of 223,000 jobs every month last year compared to only 180,000 this year.

    And there are areas where employment gains were weaker. Retail only added 2,000 jobs ahead of the holiday shopping season. And construction only added about 1,000 jobs.
    But that can be because, in a hot job market, employers are having trouble finding workers they need in those areas.
    Both those sectors have very low rates of unemployment for job seekers who most recently worked in those fields.
    https://www.cnn.com/2019/12/06/econo...ort/index.html

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    what does America do with such a lying batch of assholes?


    we insult them into submission


    we attack back until they cant show their faces in public


    Biden and Pelosi gave it a start yesterday

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    Quote Originally Posted by anatta View Post
    manufacturing sector added 54,000 jobs in November, offsetting a decline in October related to nearly 50,000 General Motors workers who were then on strike.
    the job increases were widespread across the US economy.

    Health care had a big gain, up 45,000, as did the leisure and hospitality industry, which also added 45,000 jobs.
    "This firmly helps put fears of recession in the rearview mirror," said Michael Arone, chief investment strategist at State Street Global Advisors.
    Still, the overall level of hiring so far this year is a bit slower this year than it was in 2018. Employers added an average of 223,000 jobs every month last year compared to only 180,000 this year.

    And there are areas where employment gains were weaker. Retail only added 2,000 jobs ahead of the holiday shopping season. And construction only added about 1,000 jobs.
    But that can be because, in a hot job market, employers are having trouble finding workers they need in those areas.
    Both those sectors have very low rates of unemployment for job seekers who most recently worked in those fields.
    https://www.cnn.com/2019/12/06/econo...ort/index.html
    remember you assholes said numbers like that were SHITTY NUMBERS when Obama did it over and over

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    Quote Originally Posted by evince View Post
    The U.S. added 2.2 million jobs in 2016, on top of 2.7 million jobs gained in 2015, according to the Bureau of Labor Statistics. In fact, there has been growth of at least 2 million jobs in each of President Obama’s last six years in office, and there have been 75 consecutive months of jobs growth, a modern-day record.








    https://money.com/money/4636761/jobs...ma-presidency/
    your lies make you hated fucking russo bot hole

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    . Average hourly earnings climbed 3.1% from a year earlier, exceeding projections, and the prior month was revised higher. Private employment jumped by 254,000.

    The data back the Fed’s view that the labor market remains strong, supporting consumers and continued economic growth. That may give the central bank more room to keep interest rates on hold at their meeting next week amid the uncertainty of President Donald Trump’s prolonged trade talks with China. Wage gains should also support holiday shopping and ease concerns about a slowdown.

    “It’s a significant surprise because economists were ready to go with the idea that payroll growth was slowing down because the job market had gotten tight,” said Stephen Stanley, chief economist at Amherst Pierpont. “The whole tenor has changed in terms of job growth. We’re back at steady-as-she-goes at a robust pace.”

    The report adds to recent data pointing to an economy holding up amid headwinds. Jobless claims remain near a half-century low, service-sector activity is expanding and consumer sentiment is within reach of the best levels of the expansion.

    Wall Street Scraps Recession Assumptions After Robust Jobs Data
    https://www.bloomberg.com/news/artic...es-stock-rally

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    Quote Originally Posted by evince View Post
    https://www.thebalance.com/job-creat...ercent-3863218



    Which President Created the Most Jobs?
    12 Presidents' Jobs Creation by Number and Percent
    Bill Clinton (1993-2001): Most Number of Jobs Created.

    Karl Gehring/Getty Images
    President Clinton added 18.6 million jobs. He was the top job creator in terms of total numbers. It was a 15.6 percent increase, the third-largest percentage increase. There were 137.6 million people employed in December 2000, the end of his term. There were 118.9 million employed at the beginning of his term.
    Unlike most presidents, he did this through contractionary fiscal policy. He presided over eight years of steady economic growth without adding to the debt. He created a surplus, reducing the debt by $63 billion. His Omnibus Budget Reconciliation Act of 1993 raised the top tax rate from 28 percent to 36 percent for high-income earners. He increased the top corporate tax rate from 34 percent to 36 percent. He created the earned income tax credit for low-income families and raised the gas tax by $0.43 per gallon.
    At the same time, he cut welfare spending. Recipients had to get jobs after two years. His policies cut the number on welfare by two-thirds, to 4.5 million, by 2004.

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    Quote Originally Posted by evince View Post
    https://www.thebalance.com/job-creat...ercent-3863218



    Which President Created the Most Jobs?
    12 Presidents' Jobs Creation by Number and Percent
    Percent Increase.

    President Roosevelt increased jobs by 21.5 percent, the largest percentage increase of all presidents. He added 9.5 million workers to the 38.9 million working at the start of his term. That made him the fourth-largest in sheer numbers. This was after he created the New Deal to end the Great Depression. FDR also built up the economy to enter World War II.

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    Quote Originally Posted by evince View Post
    https://www.thebalance.com/job-creat...ercent-3863218



    Which President Created the Most Jobs?
    12 Presidents' Jobs Creation by Number and Percent

    Ronald Reagan (1981-1989): Second-Largest Job Creator, Job and Percentage-Wise

    President Ronald Reagan aboard Air Force One in 1987. Ronald Reagan Presidential Library
    President Reagan added 16.5 million jobs during his eight-year term, a 16.5 percent increase. Reagan was the second-largest job creator both number-wise and percentage-wise. There were 116.1 million people working in December 1988 compared to 99.6 million in December 1980.
    Reagan responded to the 1981 recession with Reaganomics. This was expansive fiscal policy based on supply-side economics. Reagan cut the top income tax rate from 70 percent to 28 percent. He also cut the top corporate tax rate from 48 percent to 34 percent. He increased government spending by 2.5 percent a year. His policies doubled the debt. To some extent, trickle-down economics worked as the tax rates at that time fell into the “Prohibitive Range” of the Laffer Curve.

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    Jimmy Carter (1977-1981): Fourth-largest Job Increase

    Photo by Bettmann / Getty Images
    President Jimmy Carter added 9.8 million jobs, a 10.9 percent increase. He did that by adding $299 billion to the $699 billion debt, a 43 percent increase.

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    Quote Originally Posted by evince View Post
    Bill Clinton (1993-2001): Most Number of Jobs Created.

    Karl Gehring/Getty Images
    President Clinton added 18.6 million jobs. He was the top job creator in terms of total numbers. It was a 15.6 percent increase, the third-largest percentage increase. There were 137.6 million people employed in December 2000, the end of his term. There were 118.9 million employed at the beginning of his term.
    Unlike most presidents, he did this through contractionary fiscal policy. He presided over eight years of steady economic growth without adding to the debt. He created a surplus, reducing the debt by $63 billion. His Omnibus Budget Reconciliation Act of 1993 raised the top tax rate from 28 percent to 36 percent for high-income earners. He increased the top corporate tax rate from 34 percent to 36 percent. He created the earned income tax credit for low-income families and raised the gas tax by $0.43 per gallon.
    At the same time, he cut welfare spending. Recipients had to get jobs after two years. His policies cut the number on welfare by two-thirds, to 4.5 million, by 2004.
    number 1

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    Quote Originally Posted by evince View Post
    the republican party is fucking evil
    It is clear this economy makes you sad

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