157K new jobs - 3.9% unemployment - 2.7% wage growth
Revisions add 59,000
The May reading jumped from 244,000 to 268,000 while June's number increased from 213,000 originally reported up to 248,000, for a total net upward revision of 59,000 for the two months.
37 comments:
commie
said...
unexpectedly below consensus forecasts.....Oh well
The U.S. hiring spree continued in July as the economy added 157,000 jobs and unemployment fell slightly to 3.9 percent, the Labor Department reported Friday.
The U.S. economy has added jobs for a 94 consecutive months. 88 of those months were under President Obama.
Unemployment for Hispanic workers again plumbed a new record low in July, the Bureau of Labor Statistics reported Friday.
The unemployment rate for Hispanic or Latino workers fell to 4.5 percent in the month, lower than the previous record of 4.6 percent that was set just the month before.
Unemployment for minorities has fallen to historical lows as the jobs recovery has extended into a ninth year. The recovery has also benefited other groups who typically are at the margins of the economy. For example, jobless rates for high school dropouts also hit a record low in July."
The U.S. economy has added jobs for a 94 consecutive months. 78 of those months were under President Obama. The last 18 months of the real President added more jobs than the first 18 months of the Trump administration.
The last 18 months of the real President added more jobs than the first 18 months of the Trump administration. ______________________ MORE LIES FROM THE PUSSY TROLL!!!!
<a href="https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8”>The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%.</a>
Obama over his last 12 months put 182 k jobs per month....better than what trump is currently doing....If you use the total Obama years total of 11,300,000 or the correct average of 117k per month versus your 110.... If you toss out the busch recession totals in the first year, Obama can claim close to 15 Million jobs or 156k per month average....kinda puts your BS about trump in its place and you should be thanking Obama for leaving a growing economy when he left office versus the busch debacle which you conveniently ignore like the good little sycophant trump slurper you are
Seems all those soy beans not being sold are going to have a drastic impact on trade numbers which will set off another round of tweets how badly we are treated and threats of more tariffs......from our mad unstable POTUS!!! Thanx DONNIE!!!!!
The U.S. trade deficit in June widened by $3.2 billion and Trump’s own policies could be to blame.
After narrowing for three straight months, the U.S. trade balance with the rest of the world expanded in June to $46.3 billion as exports slowed. Exports rose sharply in prior months as the potential impacts from tariffs imposed by the Trump administration were front-run.
Economists at Barclays see Friday’s report as a harbinger of things to come, as the tax cuts boosting the U.S. economy will continue to grow imports while exports growth is likely to slow as firms deal with the impact of tariffs. Imports subtract from the GDP calculation while exports add to GDP growth.
“The widening in the trade deficit in June, after three consecutive months of narrowing, suggests that some of the transitory factors that drove those trends are starting to fade,” Barclays said in a note to clients on Friday.
“We expect the trade deficit to continue to widen, as a fiscal-stimulus led boost to demand leads to higher imports. As a result, trade is likely to subtract from GDP growth in the coming quarters, reversing the significant positive contribution recorded in Q2.
Interesting speculation from the Hill.....could be a very messy election season, especially for trump adherents.....going to enjoy the posts that will refute and defend trump about this....good....it is opinion and a fun read!!!
Why is President Trump escalating his attacks against special counsel counsel Robert Mueller, Attorney General Jeff Sessions, the Department of Justice, the FBI and the free press to a fever pitch in recent days?
The reason is that the odds are very high that Mueller will offer a declarative public statement before the midterm elections, and very likely before Labor Day, that the president is guilty of obstruction of justice.
The Mueller declaration of obstruction of justice could be issued in the form of a letter to Congress and may or may not ultimately be issued in the form of an indictment if he believes that the Trump situation creates extraordinary circumstances that warrant his seeking approval for a formal indictment.
It is impossible to know exactly what Mueller will do. We do not know the evidence he has that has not yet been made public. We do not know his private thinking on great matters of state and law that will govern his actions.
In April, there were public reports that Mueller would ultimately release his findings in two stages, the first being obstruction of justice, which could be released in whatever form it takes this summer.
When public reports indicated that Mueller is looking at Trump tweets, among other factors, in the obstruction investigation, some of his handful of legal defenders suggested that Trump tweets are not relevant evidence of obstruction. They are wrong, though the tweets are far from the most important evidence.
Consider the obstruction of justice provisions in the articles of impeachment against Richard Nixon that were passed by the House Judiciary Committee before Nixon resigned. Article 1, Section 8 of the articles of impeachment included this:
“making or causing to be made false or misleading public statements for the purpose of deceiving the people of the United States into believing that a thorough and complete investigation had been conducted with respect to allegations of misconduct on the part of personnel of the executive branch of the United States and personnel of the Committee for the Re-election of the President, and that there was no involvement of such personnel in such misconduct.”
In other words, repeatedly making false statements intended to deceive the public about matters under investigation constitute acts in furtherance of obstruction of justice in violation of American law.
Now consider this. Literally in real time, Trump is virtually at war over facts with leading members of his Cabinet about whether Russia has attacked American elections in the 2016 campaign and continues to attack American elections in the 2018 midterms.
According to the Daily Mail's excerpt, Hope Hicks, who was then White House communications director, had prepped Trump for the interview and emphasized repeatedly that he was supposed to say that he had fired Comey based on the recommendation by the Department of Justice.
Instead, he said:
“I was going to fire Comey, knowing there was no good time to do it. And, in fact, when I decided to just do it, I said to myself, I said, ‘You know, this Russia thing with Trump and Russia is a made-up story, it’s an excuse by the Democrats for having lost an election.’”
That, wrote Manigault-Newman, was a clue that something wasn't right.
“While watching the interview I realized that something real and serious was going on in Donald’s brain," she wrote. "His mental decline could not be denied. Many didn’t notice it as keenly as I did because I knew him way back when. They thought Trump was being Trump, off the cuff. But I knew something wasn’t right.”
Manigault-Newman first met Trump when she appeared on The Apprentice. In the 1990s, she worked in the office of Vice President Al Gore during the Clinton administration and later at the Commerce Department.
For much of 2017, she served as director of communications for the office of public liaison for the White House, but was fired by Chief of Staff John Kelly in December. She had to be “physically dragged and escorted off the campus,” The Wall Street Journal reported.
She denied the claim and said she had resigned.
After leaving the White House, Manigault-Newman stirred controversy again by appearing on Celebrity Big Brother where she said she was "haunted" by Trump's daily tweets.
She also told house guest Ross Matthews on the show that she didn't think America was in good hands. When asked for reassurance about the state of the Trump White House, Omarosa replied: “It’s gonna not be okay. It’s not. It’s so bad.” She also said she wouldn’t vote for Trump again “in a million years.”
37 comments:
unexpectedly below consensus forecasts.....Oh well
The U.S. hiring spree continued in July as the economy added 157,000 jobs and unemployment fell slightly to 3.9 percent, the Labor Department reported Friday.
The U.S. economy has added jobs for a 94 consecutive months. 88 of those months were under President Obama.
The U.S. economy has added jobs for a 94 consecutive months. 88 of those months were under President Obama.
Interesting math considering Trump has been in office for 18+ months.
The U.S. economy has added jobs for a 94 consecutive months. 88 of those months were under President Obama.
hey alky, help me out here...
what's 94 minus 88?
thanks alky.
well, it looks like the alky has stepped away to work on that complex math problem i assigned to him.
take your time alky. this isn't the SAT's. use a calculator if you must.
low iq commie must be on it too. May get a cut-n-paste answer back sometime soon.
Unemployment for Hispanic workers again plumbed a new record low in July, the Bureau of Labor Statistics reported Friday.
The unemployment rate for Hispanic or Latino workers fell to 4.5 percent in the month, lower than the previous record of 4.6 percent that was set just the month before.
Unemployment for minorities has fallen to historical lows as the jobs recovery has extended into a ninth year. The recovery has also benefited other groups who typically are at the margins of the economy. For example, jobless rates for high school dropouts also hit a record low in July."
C.H. TruthAugust 3, 2018 at 7:53 AM
The U.S. economy has added jobs for a 94 consecutive months. 88 of those months were under President Obama.
Interesting math considering Trump has been in office for 18+ months."
Alky, is consistently wrong.
One other difference... Obama was creating part time, temp and contract jobs. Trump is creating real, permanent, middle class jobs.
Oops
Manufacturing +37000 jobs
Myballs, remember those Jobs are gone, so sure where Hillbilly and pres Lost Years.
Obama was buying jobs with tax dollars. You know the"not so shovel ready " obimbo Clown laugh
Obama was creating part time, temp and contract jobs
Really dumbass?????
Yes Really.
The daily education by Conservatives of the lowly progressives.
The daily education by Conservative
Prove it with data....your opinion is bullshit.....
78 months an all time record high.
The U.S. economy has added jobs for a 94 consecutive months. 78 of those months were under President Obama. The last 18 months of the real President added more jobs than the first 18 months of the Trump administration.
60,000 more jobs in past "revised data".
Educating the economicly illerate socialist daily.
"NO soup for You"
Alky , all over the map
Alky , all over the map
______________________
A DRUNKEN LIBERAL PUSSY TROLL???
I'VE SEEN IT ALL NOW!!!!
The last 18 months of the real President added more jobs than the first 18 months of the Trump administration.
______________________
MORE LIES FROM THE PUSSY TROLL!!!!
<a href="https://www.businessinsider.com/trump-gdp-growth-q3-third-quarter-strong-2018-8”>The Atlanta Federal Reserve's GDPNow model, which uses available economic data to predict the current quarter's GDP growth, stood at 5% on Thursday, up slightly from an initial estimate of 4.7%.</a>
Winning bigly
I hate this phone
Obama over 8 years created an average of 110K jobs/month
Trump over his term so far is creating an average of 173K jobs/month
Exactly.
But CHT you forgot to do alky-Denise math.
Take out the numbers you don't like, cherry fucking pick and then act like the lost years were only 18 monthes long.
Obama over his last 12 months put 182 k jobs per month....better than what trump is currently doing....If you use the total Obama years total of 11,300,000 or the correct average of 117k per month versus your 110.... If you toss out the busch recession totals in the first year, Obama can claim close to 15 Million jobs or 156k per month average....kinda puts your BS about trump in its place and you should be thanking Obama for leaving a growing economy when he left office versus the busch debacle which you conveniently ignore like the good little sycophant trump slurper you are
Seems all those soy beans not being sold are going to have a drastic impact on trade numbers which will set off another round of tweets how badly we are treated and threats of more tariffs......from our mad unstable POTUS!!! Thanx DONNIE!!!!!
The U.S. trade deficit in June widened by $3.2 billion and Trump’s own policies could be to blame.
After narrowing for three straight months, the U.S. trade balance with the rest of the world expanded in June to $46.3 billion as exports slowed. Exports rose sharply in prior months as the potential impacts from tariffs imposed by the Trump administration were front-run.
Economists at Barclays see Friday’s report as a harbinger of things to come, as the tax cuts boosting the U.S. economy will continue to grow imports while exports growth is likely to slow as firms deal with the impact of tariffs. Imports subtract from the GDP calculation while exports add to GDP growth.
“The widening in the trade deficit in June, after three consecutive months of narrowing, suggests that some of the transitory factors that drove those trends are starting to fade,” Barclays said in a note to clients on Friday.
“We expect the trade deficit to continue to widen, as a fiscal-stimulus led boost to demand leads to higher imports. As a result, trade is likely to subtract from GDP growth in the coming quarters, reversing the significant positive contribution recorded in Q2.
Interesting speculation from the Hill.....could be a very messy election season, especially for trump adherents.....going to enjoy the posts that will refute and defend trump about this....good....it is opinion and a fun read!!!
Why is President Trump escalating his attacks against special counsel counsel Robert Mueller, Attorney General Jeff Sessions, the Department of Justice, the FBI and the free press to a fever pitch in recent days?
The reason is that the odds are very high that Mueller will offer a declarative public statement before the midterm elections, and very likely before Labor Day, that the president is guilty of obstruction of justice.
The Mueller declaration of obstruction of justice could be issued in the form of a letter to Congress and may or may not ultimately be issued in the form of an indictment if he believes that the Trump situation creates extraordinary circumstances that warrant his seeking approval for a formal indictment.
It is impossible to know exactly what Mueller will do. We do not know the evidence he has that has not yet been made public. We do not know his private thinking on great matters of state and law that will govern his actions.
In April, there were public reports that Mueller would ultimately release his findings in two stages, the first being obstruction of justice, which could be released in whatever form it takes this summer.
When public reports indicated that Mueller is looking at Trump tweets, among other factors, in the obstruction investigation, some of his handful of legal defenders suggested that Trump tweets are not relevant evidence of obstruction. They are wrong, though the tweets are far from the most important evidence.
Consider the obstruction of justice provisions in the articles of impeachment against Richard Nixon that were passed by the House Judiciary Committee before Nixon resigned. Article 1, Section 8 of the articles of impeachment included this:
a little more from the Hill...
“making or causing to be made false or misleading public statements for the purpose of deceiving the people of the United States into believing that a thorough and complete investigation had been conducted with respect to allegations of misconduct on the part of personnel of the executive branch of the United States and personnel of the Committee for the Re-election of the President, and that there was no involvement of such personnel in such misconduct.”
In other words, repeatedly making false statements intended to deceive the public about matters under investigation constitute acts in furtherance of obstruction of justice in violation of American law.
Now consider this. Literally in real time, Trump is virtually at war over facts with leading members of his Cabinet about whether Russia has attacked American elections in the 2016 campaign and continues to attack American elections in the 2018 midterms.
Alky lookie, your old broken ass said we would not post the "U6" during Pres. Trump's Term.
Obimbo leaves Office U6 = 9.4%
Real President Bigly Wins = 7.5 %
Denise, you're on the wrong thread.
Denise, you're on the wrong thread.
SO FUCKING WHAT JAG OFF!!!!! Find a job yet???? Seems anyone who wants to work can.....too lazy or too stupid???? LOLOLOLOL!!
Unhinged
According to the Daily Mail's excerpt, Hope Hicks, who was then White House communications director, had prepped Trump for the interview and emphasized repeatedly that he was supposed to say that he had fired Comey based on the recommendation by the Department of Justice.
Instead, he said:
“I was going to fire Comey, knowing there was no good time to do it. And, in fact, when I decided to just do it, I said to myself, I said, ‘You know, this Russia thing with Trump and Russia is a made-up story, it’s an excuse by the Democrats for having lost an election.’”
That, wrote Manigault-Newman, was a clue that something wasn't right.
“While watching the interview I realized that something real and serious was going on in Donald’s brain," she wrote. "His mental decline could not be denied. Many didn’t notice it as keenly as I did because I knew him way back when. They thought Trump was being Trump, off the cuff. But I knew something wasn’t right.”
Manigault-Newman first met Trump when she appeared on The Apprentice. In the 1990s, she worked in the office of Vice President Al Gore during the Clinton administration and later at the Commerce Department.
For much of 2017, she served as director of communications for the office of public liaison for the White House, but was fired by Chief of Staff John Kelly in December. She had to be “physically dragged and escorted off the campus,” The Wall Street Journal reported.
She denied the claim and said she had resigned.
After leaving the White House, Manigault-Newman stirred controversy again by appearing on Celebrity Big Brother where she said she was "haunted" by Trump's daily tweets.
She also told house guest Ross Matthews on the show that she didn't think America was in good hands. When asked for reassurance about the state of the Trump White House, Omarosa replied: “It’s gonna not be okay. It’s not. It’s so bad.” She also said she wouldn’t vote for Trump again “in a million years.”
That, wrote Manigault-Newman, was a clue that something wasn't right.
bye felicia...
LOL.
The Trump Economy, uptick in support from Blacks and Hispanics , thier low low low unemployment has the leftist scrambling .
uptick in support from Blacks and Hispanics
Still waiting for that link for blacks, I've seen the hispanic uptick which is really laughable except for idiots like you.....find a job yet????
Do I have to explain everything to you idiots.
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