Good News!? Employers add 312K jobs and the unemployment rate ticks up. 2018 - 2.6 mil jobs

FreeAndClear · 2019-01-04T15:40:52.046Z

US employers added a stellar 312,000 jobs in December

U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government.

Looks like the economy keeps chugging ahead. The jobs added are clearly over the estimates and the unemployment rate ticked up as people entered the workforce.

A couple of interesting things 2.6 mil jobs added as compared to 2.2 mil last year. An increase from 2017 but not any different from Obama years.

Excast · 2019-01-04T15:46:16.390Z

It is nice to see the job market doing so well. Hopefully more money starts getting into the pockets of workers.

hindsight · 2019-01-04T15:48:30.883Z

We believe these numbers now?

highroller · 2019-01-04T16:24:35.112Z

So, the Fed was correct to raise rates?

Chris · 2019-01-04T16:31:39.776Z

This is good news. More jobs were created in 2018 than in 2016 and in 2017.

Chris · 2019-01-04T16:36:30.308Z

And the labor participation rate is up to 63.1%.

adroit · 2019-01-04T16:42:27.556Z

This was a good report. The strong jobs plus the increase in unemployment shows more people are seeking and finding jobs (counterintuitive, I know). Let’s hope to see some good real wage growth next week.

SixFoot · 2019-01-04T16:49:06.026Z

The 20’s will roar. lol

Cratic3947 · 2019-01-04T17:35:46.688Z

Wow, economy booming. Which we need to pay off our debt. Trump is cool…

Roxiebelle · 2019-01-04T17:37:59.437Z

FreeAndClear:

not any different from Obama years.

Cratic3947 · 2019-01-04T17:42:20.596Z

Remember when dems predicted the economy failing under Trump? lol!

highroller · 2019-01-04T17:55:02.698Z

The latest estimate on the us deficit is 984 Billion. In boom times…

Cratic3947 · 2019-01-04T17:55:57.436Z

highroller:

The latest estimate on the us deficit is 984 Billion. In boom times…

What are the dems proposals to fix the deficit?

reflechissez · 2019-01-04T17:58:51.112Z

What are the reps proposing to fix the deficit?

toreyj01 · 2019-01-04T18:02:52.342Z

First off, Good News!!!(???) on the numbers.

As far as fixing the deficit, cut Defense, institute a one tenth of one percent transaction tax and a flat income tax rate of 0% for the first 50k, 10% up to 200k, and 20% after that.

Should fix it.

PurpnGold · 2019-01-04T18:04:21.577Z

Cratic3947:

Remember when dems predicted the economy failing under Trump? lol!

Just last week in the stock market thread cons were complaining that the fed were affecting the economy.

Now we are back to the feds not affecting the economy?

Cratic3947 · 2019-01-04T18:12:17.465Z

PurpnGold:

Cratic3947:

Remember when dems predicted the economy failing under Trump? lol!

Just last week in the stock market thread cons were complaining that the fed were affecting the economy.

Now we are back to the feds not affecting the economy?

They made the market head down. I don’t see any inflation. BUt, with this kind of amazing employment number, I’ll cut them more slack. But, We need dynamic growth to pay for entitlements.

reflechissez · 2019-01-04T18:19:23.352Z

Cratic3947:

PurpnGold:

Cratic3947:

Remember when dems predicted the economy failing under Trump? lol!

Just last week in the stock market thread cons were complaining that the fed were affecting the economy.

Now we are back to the feds not affecting the economy?

They made the market head down. I don’t see any inflation. BUt, with this kind of amazing employment number, I’ll cut them more slack. But, We need dynamic growth to pay for entitlements.

How are you defining “dynamic growth?”

CoachMcGuirk · 2019-01-04T18:24:05.900Z

Yay jobs! Good news!!!

This marks 98 consecutive months in which the US economy has added jobs.

I think we are gonna make it to 100! That is unprecedented.

Cratic3947 · 2019-01-04T18:24:51.412Z

reflechissez:

Cratic3947:

PurpnGold:

Cratic3947:

Remember when dems predicted the economy failing under Trump? lol!

Just last week in the stock market thread cons were complaining that the fed were affecting the economy.

Now we are back to the feds not affecting the economy?

They made the market head down. I don’t see any inflation. BUt, with this kind of amazing employment number, I’ll cut them more slack. But, We need dynamic growth to pay for entitlements.

How are you defining “dynamic growth?”

As fast as we can growth without high inflation. Hitting 4 to 5 % annually would be nice.