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Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 7:01 am
by YoUDeeMan
#TrumpTrain

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 7:14 am
by SDHornet
http://www.cnbc.com/2017/03/08/private- ... 7-adp.html
Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
Article has a good graphic showing the jobs added over the last year. Beat the best month over that span by 40k. If this trend continues then the donks are in major trouble. :nod:

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 7:17 am
by Baldy
SDHornet wrote:http://www.cnbc.com/2017/03/08/private- ... 7-adp.html
Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
Article has a good graphic showing the jobs added over the last year. Beat the best month over that span by 40k. If this trend continues then the donks are in major trouble. :nod:
It doesn't really matter how silly he acts or who he offends. He's good for business and the vast majority of voters vote with their wallets. :nod:

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 8:06 am
by CID1990
Still a bit "meh", even though it was higher than the projection of 190k. Let's give things a year or so .... provided Trump isn't impeached, killed with a stiletto heel, or says fvck it and quits.


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Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 8:08 am
by YoUDeeMan
CID1990 wrote: Let's give things a year or so .... provided Trump isn't...killed with a stiletto heel...
:lol:

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 10:19 am
by Aho Old Guy
:dunce:
How many were *Furriners* on visas, hired by The Trumptanic to work at his Mar-a-Lago Club in Palm Beach (the 'Winter White House'); or the Trump Whinery at his Virginia vineyard ??

:rofl:

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 11:11 am
by 89Hen
Aho Old Guy wrote::dunce:
How many were *Furriners* on visas, hired by The Trumptanic to work at his Mar-a-Lago Club in Palm Beach (the 'Winter White House'); or the Trump Whinery at his Virginia vineyard ??

:rofl:
Image

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 2:04 pm
by SuperHornet
Just like Obama's BS about having "fixed" the economy with no evidence of that in San Joaquin County. There's STILL no evidence of a fixed economy under Trump, though he's only been in office about a month and a half. Both of these guys make me go back to that picture of Bush Jr. claiming "Mission Accomplished."

Yeah, right....

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 2:47 pm
by Ibanez
SuperHornet wrote:Just like Obama's BS about having "fixed" the economy with no evidence of that in San Joaquin County. There's STILL no evidence of a fixed economy under Trump, though he's only been in office about a month and a half. Both of these guys make me go back to that picture of Bush Jr. claiming "Mission Accomplished."

Yeah, right....
You do know the "Mission Accomplished" banner had nothing to do with Bush and everything to do with something that Carrier just completed? Right?


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Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 2:48 pm
by Ibanez
Can he really claim credit?


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Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 2:56 pm
by Grizalltheway
SuperHornet wrote:Just like Obama's BS about having "fixed" the economy with no evidence of that in San Joaquin County. There's STILL no evidence of a fixed economy under Trump, though he's only been in office about a month and a half. Both of these guys make me go back to that picture of Bush Jr. claiming "Mission Accomplished."

Yeah, right....
Unemployment went form 10% to under 5% during Obama's tenure, you ninny.

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 3:07 pm
by Ibanez
Grizalltheway wrote:
SuperHornet wrote:Just like Obama's BS about having "fixed" the economy with no evidence of that in San Joaquin County. There's STILL no evidence of a fixed economy under Trump, though he's only been in office about a month and a half. Both of these guys make me go back to that picture of Bush Jr. claiming "Mission Accomplished."

Yeah, right....
Unemployment went form 10% to under 5% during Obama's tenure, you ninny.
Don't tell him the past 2 February's posted similar job numbers.


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Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 4:13 pm
by JohnStOnge
There is no evidence of any change in any trends in the raw estimates data. There is an article at https://www.nytimes.com/2017/03/10/busi ... .html?_r=0 that provides two nice graphics with respect to that issue. Here they are:

Image

There is no way any reasonable person would interpret those graphs to indicate that the World has suddenly gotten a lot better in association with Trump getting elected.

And right now we're in a time where there is no way to even attempt gauge the effect of actual Trump effects. He hasn't really done anything. Everything is expectation.

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 4:17 pm
by JohnStOnge
I said back when Obama got elected the first time that he was coming in at a good time for him because things were SO bad just before he got elected. It was pretty much a given that they had to get better.

At the same time, though, it's ridiculous to say that Trump came in at a time of economic crisis or that he came in under circumstances anywhere NEAR as bad as those Obama came in under. Trump came in under circumstances where the US economy was doing OK. You can try to spin it to the contrary. But if you do you're just not interested in the objective truth.

Re: Trump adds 235,000 jobs in February

Posted: Fri Mar 10, 2017 4:21 pm
by JohnStOnge
SDHornet wrote:http://www.cnbc.com/2017/03/08/private- ... 7-adp.html
Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
Article has a good graphic showing the jobs added over the last year. Beat the best month over that span by 40k. If this trend continues then the donks are in major trouble. :nod:
Only problem is that's not the official data. The official data show a relatively good job growth month but certainly not one that remarkably stands out in recent history. Also you have to bear in mind that at this point nothing has really been done. To the extent that Trump has had an effect it has to do with expectations among the business community.

Re: Trump adds 235,000 jobs in February

Posted: Sat Mar 11, 2017 5:24 pm
by BDKJMU
Grizalltheway wrote:
SuperHornet wrote:Just like Obama's BS about having "fixed" the economy with no evidence of that in San Joaquin County. There's STILL no evidence of a fixed economy under Trump, though he's only been in office about a month and a half. Both of these guys make me go back to that picture of Bush Jr. claiming "Mission Accomplished."

Yeah, right....
Unemployment went form 10% to under 5% during Obama's tenure, you ninny.
Wrong. When Obama entered office Jan 09' it was 7.8%. The only reason it dropped was because millions dropped out of the work force.

Re: Trump adds 235,000 jobs in February

Posted: Sat Mar 11, 2017 5:41 pm
by kalm
Jobs numbers are becoming like rounds played, number of days on vacation, travel expenses. Remember when Obama's trip to the orient cost three hundred bajillion dollars? It was a really big fuckimg deal I tells ya!!!

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 6:50 am
by CAA Flagship
JohnStOnge wrote:I said back when Obama got elected the first time that he was coming in at a good time for him because things were SO bad just before he got elected. It was pretty much a given that they had to get better.

At the same time, though, it's ridiculous to say that Trump came in at a time of economic crisis or that he came in under circumstances anywhere NEAR as bad as those Obama came in under. Trump came in under circumstances where the US economy was doing OK. You can try to spin it to the contrary. But if you do you're just not interested in the objective truth.
Please stop talking about the economy. You have no idea what it is, how it works, and how it affects elections.

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 7:09 am
by kalm
CAA Flagship wrote:
JohnStOnge wrote:I said back when Obama got elected the first time that he was coming in at a good time for him because things were SO bad just before he got elected. It was pretty much a given that they had to get better.

At the same time, though, it's ridiculous to say that Trump came in at a time of economic crisis or that he came in under circumstances anywhere NEAR as bad as those Obama came in under. Trump came in under circumstances where the US economy was doing OK. You can try to spin it to the contrary. But if you do you're just not interested in the objective truth.
Please stop talking about the economy. You have no idea what it is, how it works, and how it affects elections.
Glad we elected a an over-leveraged bankruptcy expert who was born sliding into home.

As CID said, he's a perfect match for us... :lol:

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 7:28 am
by CID1990
There ARE ways Trump could be uniquely positioned to make some very positive changes in DC, but they have more to do with his disconnectedness from the political establishment than his business acumen (but that would come into play at least in terms of his ability to recognize inefficiencies)

Trump is going to butt up against the Federal procurement process in just about every one of his signature promises: infrastructure, the wall, the Navy. Especially with the last two he is about to find out first hand why it costs the government so much, and takes so long to build anything.

If Trump leaves office having reformed the procurement system, he'll have done something no politician ever could.


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Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 8:02 am
by Aho Old Guy
:rofl:
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{Drops Microphone}
:thumb:

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 8:41 am
by CID1990
Aho Old Guy wrote::rofl:
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{Drops Microphone}
:thumb:
Before dropping the microphone you should probably add the projected numbers to those. The projected numbers for this year were 190,000.

Either way, the jobs report this time around is certainly more a function of confidence more than anything else. I'll be more interested to see what it looks like this time in 2019.

BTW- I saw somewhere recently that unemployment in the US is more difficult to remedy than it was in the 1930s. This is because today Americans are less inclined to pick up and move to where the jobs are. They want to stay in the places where they grew up (understandable) and the safety net (which didnt exist in the 1930s) makes it marginally possible to decide to stay in place, and unemployed. Those people make up a good portion of the people who drop out of the job market and dont show up in the unemployment numbers.


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Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 9:07 am
by Aho Old Guy
CID1990 wrote:
Aho Old Guy wrote::rofl:
Image
{Drops Microphone}
:thumb:
Before dropping the microphone you should probably add the projected numbers to those. The projected numbers for this year were 190,000.

Either way, the jobs report this time around is certainly more a function of confidence more than anything else. I'll be more interested to see what it looks like this time in 2019.

BTW- I saw somewhere recently that unemployment in the US is more difficult to remedy than it was in the 1930s. This is because today Americans are less inclined to pick up and move to where the jobs are. They want to stay in the places where they grew up (understandable) and the safety net (which didnt exist in the 1930s) makes it marginally possible to decide to stay in place, and unemployed. Those people make up a good portion of the people who drop out of the job market and dont show up in the unemployment numbers.


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I'm just fishin' Cid ;)
It's a simple snapshot in time - nothing more. Without context/examination or 'drilling down' into the #'s threads like this are a waste. Unemployed in the Rust Belt or West By-Gawd couldn't care less.

Locally, folks are sweatin' bullets on Lowes. They're laying off 2,500 'department heads' in stores and cutting 500 corporate jobs in Moorseville ... while hiring 'seasonal' workers paid an hourly wage.

Sometimes you win --- sometimes you lose ...

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 9:12 am
by Pwns
Aho Old Guy wrote::rofl:
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{Drops Microphone}
:thumb:
Wow, the difference is in the third significant digit! :lol:

Re: Trump adds 235,000 jobs in February

Posted: Sun Mar 12, 2017 9:30 am
by kalm
CID1990 wrote:
Aho Old Guy wrote::rofl:
Image
{Drops Microphone}
:thumb:
Before dropping the microphone you should probably add the projected numbers to those. The projected numbers for this year were 190,000.

Either way, the jobs report this time around is certainly more a function of confidence more than anything else. I'll be more interested to see what it looks like this time in 2019.

BTW- I saw somewhere recently that unemployment in the US is more difficult to remedy than it was in the 1930s. This is because today Americans are less inclined to pick up and move to where the jobs are. They want to stay in the places where they grew up (understandable) and the safety net (which didnt exist in the 1930s) makes it marginally possible to decide to stay in place, and unemployed. Those people make up a good portion of the people who drop out of the job market and dont show up in the unemployment numbers.


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Interesting. But if you have kids there's also a safety net involved with staying close to friends and family.

Of course you and I couldn't be further apart on staying home. I've lived within 8 miles of the house I grew up in for 43 of 46 years and the other three were only 20 miles away. C