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Friday, July 7, 2017

US nonfarm payrolls total 222,000 in June vs 179,000 expected

The U.S. job market roared back to life in June, with a better-than-expected 222,000 new positions created in June while the unemployment rate held at 4.4 percent, according to a government report Friday.
Economists surveyed by Reuters had been expecting nonfarm payrolls growth of 179,000 and the unemployment rate to be 4.3 percent.
Wage growth, however, remained muted, with average hourly earnings rising 2.5 percent on an annualized basis, essentially unchanged from the previous month. On a monthly basis, the rise was 0.2 percent, which actually was a shade below the 0.2 percent expectation.
The labor-force participation rate edged higher to 62.8 percent.Those considered out of the labor force declined by 170,000 to 94.8 million while the labor force increased by 361,000 to 160.1 million. The employment population ratio rose to 60.1 percent, a full half percentage point above its level from a year ago.

Okay, besides the confusion notion that 0.2 percent is a shade below 0.2 percent... this is a pretty straight forward report. 222K is a pretty big number, and the gain in the labor force participation rate is actually a good step forward on that front. Oddly, this is a reversal of the past few months, where the Moody's private sector job report was higher than the BLS report.

Moreover the fact that the employment ratio of overall population is a half point higher than it was a year ago is probably (at the rawest level) the biggest indication that the job market is looking up.

Note: I am sure that virtually everyone would agree that everything good in this report can be 100 percent directly tied specifically to the actions of the President, and that Trump should be given full credit for everything positive.

36 comments:

caliphate4vr said...

You forgot UNEXPECTEDLY

KD, Winning, I ain't no way tir'd said...

Exactly


Alky, Jane and Opium have been praying this US Economy collapse into a depression.

Alky went so far on Nov 9th,2017 to put on her little cheerleaders skirt and pom pom and cheered the pre market open futures drop of 600 points.

It is fun to watch them post Trump Win.

KD, Did you invest like ALky, Gawd i hope not said...

Jane, you liar, Did you see the President of Poland bitch slap you and your very *FAKE* news of his wife not shaking hands with the US President.


It is a daily thing here to put the truth to the lies of liars like ALky, oDopie and Jane.


Alky you lied when you said we conservatives loved to bring up the U-6 during the Lost Years, but hate it now, dumb ass, it is not an emotional thing , simply the facts, so I am brining up the U-6 number now, just to slap you down, again and put your ilk in your place, scum.

opie said...

Unexpectantly having good news in lieu of the crap going on. Lets hope it continues for a few months before declaring victory like you have. LOL

KD, Got Jobs? Yes, thanks President Trump said...

June 2016 lost years U-6 = 9.9 %

June 2017 Winning Years U-6 = 8.6 %


Keep running down those rabbit holes dumb libs as President Trump gets real people jobs.

Last US Election, number one issue with all voters of all ages and political leanings,,,,, J-O-B-S.

KD, Hi Pie Boy said...

not so "unexpectedly" this is way over the lack of humor oDopie.

opie said...

Anonymous KD, Hi Pie Boy said...

The goat fucker is about as funny as a heart attack, which he will never have because he has excellent genes, no brains, and does not need health care. LOL

opie said...

Another example of the idiots who are ruining our country.....Maybe our esteemed host who is an expert in everything. can provide a tutorial to our Sec of Energy. This is to funny for even trumpites.....

Business
Rick Perry Hilariously Misunderstands Supply and Demand Theory in Attempted Defense of Coal Industry
Jason Le Miere,Newsweek 20 hours ago

“If you build it, they will come.” So said Kevin Costner in the famed baseball movie Field of Dreams. Unfortunately for Rick Perry, the same logic does not hold true for the most basic and fundamental of economic theories: the law of supply and demand.

Related: Coal Jobs Aren’t Coming Back, No Matter What the Trump Administration Says

The law, of course, states that as supply increases the price will tend to drop, and vice versa, until the market finds an equilibrium price. Essentially, supply follows demand. Perry, the United States Energy Secretary no less, appeared to have forgotten the first words uttered in Economics 101 all those years ago when he spoke at a West Virginia coal plant Thursday.

KD President Trump , black America is working again, they thank you said...

Oh oh, the race making the greatest gain in employment is, wait for it........................................................................................................................................................................................................................... blacks, wow, that is such great news.


I noticed too that coal exports are up and Poland is buying our LG, yuge win, and really damaging to Putin/Russia.

The winning continues and so does the crybaby left little girls, read any post of Alky, Jane and the stupid red-headed abortion gone wrong Odopie.

KD said...

odopie, just wow.

Ok, so two other good pieces of facts in the jobs numbers, unemployment went up to 4.4% as more people re-enter the work pool.

AND, (opie this is for you) the labor participation rate increased.

Roger Amick said...

To be fair and you know that the first six months of the previous administration actions and the new one . You know that.

For six months the Obama administration you were blaming him for the eight hundred thousand jobs a month going away instead of laying blame on W.

The bottom line numbers are good I'm glad to see it .

caliphate4vr said...

God all this winning

The Labor Department's Bureau of Labor Statistics also said the number of employed Americans -- which set records in February, March and April -- set another record in June, at 153,168,000 employed.

opie said...

caliphate4vr said...
God all this winning

Premature ejaculating again....paulie. LOLOL

opie said...


Ok, so two other good pieces of facts in the jobs numbers

I don't recall saying the jobs #'s were bad, goat fucker!!!Keep making shit up, it is all you ever do. Idiot..

caliphate4vr said...

Oh look fatty is again obsessing about other men's junk

Just come out, it'll be cathartic

douche

LMAO

Commonsense said...

Opie just can't make an argument without being vulgar.

It's that FDU trained intellect.

caliphate4vr said...



he can't it's pitiful. I'd blame it on growing up in jersey in the 50's think of paint chips he ate and the general pollution of that shithole

caliphate4vr said...

Here's our answer

Stroke can affect your sexuality and your self-esteem – how you see yourself and your relationships with others.

LMAO

opie said...

Anonymous caliphate4vr said...
Here's our answer

Awesome douche bag. Our loser salesman trying to rationalize his shitty life selling a product he feels people don't deserve having. Love his circular logic that limits his potential to come up in the world. As long as you feel so superior to all those who question your intellect, the happier I am sitting up in my cabin, watching the rain fill the lake by the house you don't have......LOLOLOL

Maybe you can answer for the loser GED menstral child.....where did you get your masters?????

Commonsense said...

Sure proud of that double-wide by the retention pond.

Aren't ya.

caliphate4vr said...

fatty i posses so much space in your empty noggin it's fucking hilarious.

Watching the rain is about all a morbidly obese, stroke victim with a plastic hip could do.

Off to gather chanterelles

get the last word fatboy it seems to be the only thing you have in life

LMAO

opie said...

caliphate4vr said...
fatty i posses so much space in your empty noggin it's fucking hilarious.

Sure you do loser.,,,,go sell some insurance, a profession for UGA losers like you. Make sure you don't pick those white ones, it'll be the last meal you ever have. Last word is left for the loser of alpharetta.

opie said...

Commonsense said...
Sure proud of that double-wide by the retention pond.

That' paulies dream and the only thing he can afford. Must suck to have to resort to gathering mushrooms for your next meal, loser.

Commonsense said...

So Opie you actually do have a double wide. Do you have indoor plumbing?

opie said...

Blogger Commonsense said...
So Opie you actually do have a double wide

So menstra, what part of it's paulies dream did you not understand....My little hovel is 2300 SF on 3 floors with a wrap around deck on 3 acres.....I own it, what do you own? A 69 VW microbus with a pop top??? At least you can afford your own food and don't have to pick it like hill billies.....

Commonsense said...

So you don't have indoor plumbing.

opie said...

Ain't this an interesting turn of events. After 50 votes to repeal the ACA, the R's are stuck in their own mire of stupidity and now acknowledge they can't do it alone. You'd figure with so many votes, they would have a little something better than the POS now on the table. But, someone will declare victory and tell us they one without any consensus!!!! Toomey just blamed that they didn't expect to win and didn't do anything. Brilliant!!!!

opie said...

Commonsense said...
So you don't have indoor plumbing.

I go to cali's yard and fertilize his mushrooms.....

Commonsense said...

Can't build a steel reinforce outhouse to sit you ass in?

caliphate4vr said...

3 out of 3 of fatty's posts to Common mention me.

Living rent free in fatboys's head

LMAO

Fatty I'll be watching rugby most of tomorrow and on the 'Hooch in Cleveland Sunday.

Troll away you fat, miserable TIA sufferer. Unlike you I have a life and people want to be around my awesomeness

opie said...

Anonymous caliphate4vr said...
3 out of 3 of fatty's posts to Common mention me.

So friggin what!!!! Feel big today, pauline??? And please note that your obsession with lipids is most amusing. The net result, you were successfully baited again and posted another drunken salesman rant, which is the total extent of your limited intellect. Go forage for food, its all you can afford. LOL Rugby, the game for people who can't walk and chew gum while drinking. You go.....LOL

Caliphate4vr said...

I reside in your head fatboy

caliphate4vr said...

Full time residency

LMAO

opie said...

Caliphate4vr said...
I reside in your head fatboy

Sure dip wad....back early from your rugby carnage drunken party? Yep, cabin is nice this time of the year while all you can do is watch second rate sports from the side lines. Sure do want to be just like you, a loser salesman with no visible means of support!!!! LOL!!!

opie said...

I have a life and people want to be around my awesomeness

BWAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!! Delusions are your only friend. LOLOLOLOL!!!!

caliphate4vr said...

Fatty it appears while I spent the day outside enjoying this glorious weather and vitamin D, you've sat around inhaling vitamin THC

be in Cleveland tomorrow on the 'Hooch with my kids, gathering more chanterelles and hen of the woods and you'll be sitting around trolling

God it must suck to be you

LMAO