Wednesday, March 8, 2017

298,000 new jobs

Trump's first full month in office brings massive employment boom as U.S. companies added whopping 298,000 new jobs in February

  • New job figures from ADP beat economists' estimates by more than 100,000
  • Official February numbers will be out on Friday and are expected to lower the unemployment rate to 4.7 per cent
  • Trump tweeted that January and February 'were the strongest consecutive months for hiring since August and September 2015' 


KD, Trump Effect J O B S said...

President Trump Effect Jobs Soar said...
Remember IF you would that the Economic Plan from Hillary/old Kaine was to cut jobs, put more Americans on welfare.

President Trump/Pence plan was/is to get more people working, earning their way, paying into SS and Medicare and get the US Strong Economically and Fiscally again.

Families need work to Prosper.
"Private Sector Job Creation 298 K in Feb. 2017"

ADP source

Wait, HalfOpium stated that the US Stock Market and Job Market was crashing , as of Nov 9th, 2016.

March 8, 2017 at 7:28 AM

Anonymous KD, Biden spells Job---- J O B S said...
"Construction jobs swelled by 66,000 and manufacturing added 32,000."

So go ahead, loser dems keep talking about what-ev' as President Trump/Pence do the business of job creation.

After all it was the #1 issue to all Americans in the last election.

"Work without Woman" that Yuge Movement/paid protest is today. So we will see little of OpieBaked

opie said... post that headline confirms what I know....reality is an obscure dimension for you. While yes that is good news, I recall how the right has harped that Obama was responsible for the free falling jobs market when he took office. CH, you still won't say mensa boy's growth of .2% in that last quarter was wrong. All I ever got was look it up. Trump can thank obama for that number, since he left an economy that was doing pretty well. And away we go again with inane arguments how trump is a winnah!!!!!! PLEASE go away farmer. BTW CH, the farmer believes you. I'm sure you can declare victory of something. LOLOL

C.H. Truth said...

Wow did you see Samsung is now planning to expand their US production and that they would be shifting production of certain products from Mexico back to the U.S.A.

Interesting how this is possible... as I heard Obama apologist after Obama apologist demand that manufacturing jobs were gone forever and that ultra-low GNP growth was the new normal we had to get used to.

KD, Tax Reciept will BOOOM said...

Exxon Mobile is going to hire a lot of new workers, average income from those jobs are $100,000 and they are going to invest in US Energy $20 Billion dollars.

Doing it to gain market share as Opec drops production.

Source : CNN

Hi OpieBaked,,, so the Trump Job Numbers are : "yes that is good news"

This is just the start of the Trump Effect, investments in the USA, job in the USA and wealth creation in the USA.

Every one of those nearly 300 k are going to be paying into the states in which they work, into medicare and Socialist Security, off the welfare lines and food lines and fending and earning for themselves, saving for their futures.

KD, Coal is King again said...

Interesting how this is possible... as I heard Obama apologist after Obama apologist demand that manufacturing jobs were gone forever and that ultra-low GNP growth was the new normal we had to get used to." CHT

The problem over the last "8 Lost years" is as you stated, the cause was taking too much from the workers paychecks and buying "make work" jobs.

The new economy is that these jobs are in the PRIVATE SECTOR.
Friday the gov't chimes in and I hope we see a steep drop off in public sector non-contributing make work jobs.

" "Exxon Mobil is building a manufacturing powerhouse along the U.S. Gulf Coast," Woods said. "These businesses are leveraging the shale revolution to manufacture cleaner fuels and more energy-efficient plastics."

The investments across Texas and Louisiana will take advantage of cheap shale gas to make plastics and other chemicals for export. The strategy builds on prior steps Exxon and peers, including Dow Chemical, have taken in the wake of the American shale expansion, which sharply cut production costs.

"The supply is here. The demand is there. We want to keep connecting those dots," Woods said.

Exxon last month pledged to boost this year's spending by 16 percent to expand operations, especially in shale production, after the company posted a better-than-expected quarterly profit, helped by rising oil prices and lower costs." CNN

Wait, what is that , Manufacturing up tick in LA and TX. Great God all mighty, the freaking oceans must be riz'n.

opie said...

Anonymous KD, Coal is King again said...

The only good coal is crystalized tetrahedron carbon. Idiot.

rrb said...

Interesting how this is possible... as I heard Obama apologist after Obama apologist demand that manufacturing jobs were gone forever and that ultra-low GNP growth was the new normal we had to get used to.

quoting paul krugman again?


KD, Work + Pay Check = Prosperity said...

So Manufacturing is returning to the USA after 8 years of down turn.

What a great deal for those getting jobs.

Paul Krugman has to be going batty, after all he and HB had the US Market falling from the morning Trump Won.

Roger Krugman had the job market crashing with it.

Yet, we the investors , we the workers and we the people that actually do build it and always have , have a PRO- USA President and are going back to work.

KD, Opium Fat Fingers? said...

crystalized tetrahedron " HalfOpie

what is the above

I know what the below is :

crystallized tetrahedron....

KD, Did you invest with Roger Krugman said...

Click Roger H. Krugman , said Trump would crash both the markets and US Economy

Commonsense said...

It's morning in America again/

James said...

How can Trumpcare ever get passed against the opposition of the AARP, the House Freedom Caucus, GOP senators including Rand Paul, Mike Lee and Ted Cruz, Heritage, the Club for Growth, tea party groups and even Breitbart News?

And all this even before the cost or coverage consequences have been aired.

James said...

Day after day it becomes ever clearer:
The Obama's were the real deal.

Loretta Russo said...

Just two n@@@ars, according to you and Roger.

Loretta Russo said...

Spam by the faux fired pastor.

KD, Winning said...

I have been invested with this guy since the late 1970's , he is beyond smart, lucky for me and the wealth he has helped me create , my two kids have full ride fully funded College Funds, neither will exit college with a dime of student load debt, OpiumBakedJane have told me that this is wrong for me to do as they repeatedly have told me they have not and will not assist their kids in any financial way.

John "Jack" Bogle founded Vanguard in the 1970s.

On how to invest: "Own American business and hold them forever at the lowest cost you can possibly hold at. It's an extraordinarily simple strategy and the mathematics are enduring."

On growth: "The economy will have difficulty growing more than 2.5% this year." (Trump has promised 4% growth).

On daily market moves: "I couldn't care less about what the market did today. If you're a long-term investor, your one big bet is that GDP will be significantly larger in 2027 than it is today. And that's that."

On stock prices: "I use a price- earnings (PE) multiple -- a good indicator of value, although it's not perfect. I get it up to 26x earnings. That's way on the high side. Long run, the norm is more like 16x earnings or 17x earnings."

On inequality: "Anything that increases the gap between rich and poor is bad for our society. It's bad for our society and bad for our economy and stock market."

On trade: "Anything that puts impediments to free international trade is also bad for our society and bad for our economy."

On being called a "hero": "I don't consider myself a hero, but maybe, just maybe, it may take a hero [like Buffett] to know a hero. The remark has gotten a lot of attention. Nobody has written me to say I'm a jerk."

On Social Security: "I'm convinced Social Security has been -- and will continue to be -- a good investment."

On investing in index funds: "Indexing is not Marxism again, as some claim. If you're on Wall Street, you don't like the idea of indexing. But when grandma comes to you and says, "You're a stock broker, what do I do with my money?: You say: Put it in an index fund."

On why he only invests in U.S. stocks and bonds: "I'm a great believer in the U.S. Since 1993, the S&P 500 has gone up about 800%. The MSCI EAFE index of international stocks has gone up around 280%. I'm in no position to say whether the same thing will happen in the future or not. But I don't mind betting on U.S. Half of revenues and profits of U.S. companies come from abroad anyway. I'm not some island of 'American first' at all."

On the BIG risks: "If there's a nuclear war, it won't matter whether you own stocks or bonds."

CNNMoney (New York)
First published March 8, 2017: 12:32 PM

opie said...

Wow CH samsung is bringing back a whole 500 production jobs. That takes care of midnight to 2 a. m of January 10, 2009. Still waiting for the tidal wave promised!!!! Naturally, subject to final vetting!

The South Korean behemoth maker of consumer electronics, semi-conductors, ships, and telecommunications equipment was reported by the Wall Street Journal (quoting unnamed inside sources) to be investing $300 million in facilities in South Carolina and simultaneously bringing 500 jobs back from Mexico to work there.

Good troll CH!!!

opie said...

Wait, HalfOpium stated that the US Stock Market and Job Market was crashing

Link goat farmer.....another stinking liar amongst us, the trump way.

KD, Opium said...

We know what ADP said about the jobs increasing, today we get the Federal Government's read on President Trumps first full month in Office job numbers.

KD, Good Morning Free Market Loving Opie said...

Opium, because my opinion matter so deeply to you, I will admit I had you wrong on the US Market, you wanted it to SOAR like it has ever since your gal pal Lost to of all People the Donald.

You also want US Jobs in coal, oil and other energy producing sectors to Soar.

So accept my apology for lumping you in with Roger Krugman, my error.

Now you can go one with your life.

Commonsense said...

The most convincing evidence of the Trump recovery:

U6 falls from 9.4% to 9.2%

That means people are moving back into the job market.