kd7eir Loc: Tucson, AZ

2018 is expected to be 2.19 million, making it AGAIN the worst in SIX years.

EyeSawYou

LOL yet another stupid and ignorant post by you. We are are full employment now and less job creation is to be expected. 4 million jobs were lost under Obama, of course job creation is expected to be greater, millions of jobs were lost, not that it was Obamas doing, it wasn't.

EyeSawYou

How Good Is Job Growth? The Chart Obama Doesn't Want You To See

"The longest streak of private-sector job growth on record"!

"U.S. businesses have now added 14.4 million jobs over 73 straight months"!

"The labor force participation rate rose to 63% in March, the same level as in November 2013"!

All those quotes -- minus the exclamation points -- came from White House top economist Jason Furman. And they are all accurate.

What's missing, however, is context. Because when you look at these numbers in context, not only do the exclamation points disappear, but so do any claims of robust job growth under this administration.

Take that 14.4 million job growth number. That sounds impressive doesn't it? But that job growth is stretched over almost six full years, during which time the working age population grew by 15.8 million.

In that respect, we've lost ground on jobs under Obama.

What's more, that 14.4 million increase in jobs is measured against when the job market hit rock bottom in February 2010. If you compare the current number of jobs to the previous jobs peak in January 2008 -- which is how job growth is normally measured -- the number of private-sector jobs has increased just 5.6 million.

During that time, the population grew by more than 20 million. In other words, there's a jobs gap of more than 14 million.

What about "labor force participation"? This is a measure of how many people are working or activity looking for a job. And while it's recently ticked upward, as the nearby chart shows it is still way below where it was when the jobs recession ended in early 2010.

Want more context? Compare these numbers to what happened during the Reagan recovery, when the job market exploded after bottoming out in December 1982. While the population grew 12.4 million in the following six years, the number of jobs shot up by 18.4 million.

As a result, the labor force participation rate -- which started out lower under Reagan than Obama -- zoomed upward as strong growth pulled people back into the job market.

There are other bits of context on jobs that Furman manages to leave out of his post.

While 14.4 million jobs were created from February 2010 to March 2016, the number of people who dropped out of the labor force -- either because they retired or just quit looking for work -- shot up an astonishing 10 million.

Meanwhile, the number of people who aren't in the labor force but do want to work is higher today than when Obama took office. And the median length of unemployment is now 11.4 weeks, which is also higher than when Obama took office.

In many areas of life, slow and steady will win the race. But when it comes to job growth, slow and steady ends up leaving millions of workers in the dust.



https://www.investors.com/politics/commentary/how-good-is-job-growth-the-chart-obama-doesnt-want-you-to-see/

EyeSawYou

Red-hot U.S. jobs market drives some to seek cooler options

POCATELLO, Idaho (Reuters) - When Sean Luangrath joined Pocatello, Idaho-based Inergy Solar a few years ago, the plan was to move the portable solar battery maker to his home base of Salt Lake City so he could build it with easy access to Silicon Slopes’ tech talent and venture capital.


But when the new CEO looked at the labor costs, he ditched that plan and decided instead to rely on labor drawn from local colleges and the nearby Idaho National Laboratory. By next year he plans to double the payroll to 50 employees as he moves the company’s manufacturing operations from China back to eastern Idaho.

Laungrath says he likes being the relatively bigger fish in a relatively smaller pool. “There’s less competition for doing stuff like this in this neck of the woods.”

But Luangrath’s decision also reflects the reality of a U.S. labor market that is by some measures the hottest in decades.

The national unemployment rate held steady last month at 3.7 percent, a 50-year-low, figures released by the U.S. Labor Department showed Friday. And though job gains fell short of expectations, at 155,000 in November they were still twice what some estimate is needed to keep up with population growth.

Wages are also up 3.1 percent nationally in the 12 months to November, Friday’s report shows, though that masks much faster growth in bigger cities, especially those with tech-heavy labor pools.

Four of the top 10 counties with the biggest wage gains in the second quarter of 2018 were in the greater San Francisco Bay Area, recent data from the U.S. labor department shows.


More here: https://www.reuters.com/article/us-usa-economy-jobs-idUSKBN1O70NC

LWW Loc: Banana Republic of America

KD, like every l*****t I’ve ever known adores the lie and abhors the t***h.

Shutterbug1697 Loc: Northeast

How many businesses have closed production plants or closed entirely because of the trade wars and tariffs?

How many jobs have been lost this year because of the trade wars and tariffs?

Will those allegedly created jobs in 2018 be able to offset those lost jobs?

How many of the allegedly created jobs are full-time jobs with benefits at a living wage, vs. part-time jobs without benefits at minimum wage?

Our economy is heading into a recession that's predicted to be worse than what we saw in 2008-2009.

The stock markets have already seen an annual tumble worse than what happened in 2008-2009.

LWW Loc: Banana Republic of America

Got anything to support those claims?

Shutterbug1697 Loc: Northeast

Google it yourself.

GM comes to mind!

EyeSawYou

GM job loses have nothing to do with Trumps tariffs or his policies you liar. GM is cutting jobs in Korea and in Cananda as well, how does Trumps policies effect them?? lol

EyeSawYou

LOL Now you are just making sh*t up again lol.


But Luangrath’s decision also reflects the reality of a U.S. labor market that is by some measures the hottest in decades.

The national unemployment rate held steady last month at 3.7 percent, a 50-year-low, figures released by the U.S. Labor Department showed Friday. And though job gains fell short of expectations, at 155,000 in November they were still twice what some estimate is needed to keep up with population growth.

Wages are also up 3.1 percent nationally in the 12 months to November,

Texcaster Loc: Queensland

A 1.5 billion dollar profit so far this year. Thanks Bigly

EyeSawYou

Have trouble reading you illiterate?

Texcaster Loc: Queensland

Read 'em and weep. Uncle Bigly and the money machine.

https://www.huffingtonpost.com/entry/michael-moore-donald-trump-gm-chris-hayes_us_5bfe4dd9e4b030172fa8535a

Michael Moore Rips Donald Trump: He ‘Doesn’t Understand’ How General Motors Played Him
“You’re such a fool, Trump. You’ve been played again by these people who’ve never liked you.”

letmedance Loc: Walnut, Ca.

GM is closing that plant because it's product the Cruze is sitting on the dealer lots and collecting dust.

Shutterbug1697 Loc: Northeast

How many people are working 2 or more jobs to make ends meet?

For over a decade, I was one of those who worked 50-60 hours a week just to earn enough extea money to put gas in my vehicle to get to my full time job.

No matter what you claim, the low and lower middle income earners are still struggling to pay their day to day expenses, and they're living pay check to pay check.

Back in September, we had that horrendous gas main explosion incident just 5 miles south of where I live. There are still people who are living in campers and fighting frozen hoses and pipes as well as running out of propane in the middle of the night. Others are being housed in hotels that are up to 40 miles away from where they used to live before the explosions. Dozens of families will not be back in their homes for Christmas.

Although some of the American workforce might be earning more, that's not true across the board.

From past experience, the only way to get a higher wage is not to stay in your current job. Loyalty is no longer rewarded. Employers tend to hold employee wages to a mere 1-3% annual merit increase, no matter what the annual Cost of Living Adjustment does.

In the last 76 months, I've managed to earn a college degree, and nearly double my pay rate because of demanding higher pay in line with my job experience and my in depth knowledge of multiple accounting software platforms that I've picked up in that time. But none of those jobs have been direct hire positions with full benefits. Yes I targeted direct hire positions or temp to perm positions, but none of them ever converted to a direct hire. Today's employer is utilizing temporary or contract services to fill their employment needs to avoid the cost of paying benefits.

When the economy takes a sharp downturn, as we're heading into because if trump's trade wars and tariffs, we will see those temporary and contract workers cut first, then the direct hires will see a reduction in hours in order to keep their jobs and benefits. I've seen this happen way too many times over the last three plus decades not to see the writing on the wall now.

Anyone who denies that we're headed into a recession has their head in the sand. The signs are right before their eyes, but the idol followers have been blinded to those signs, because they still believe every word coming out of Individual 1's mouth!

If you don't have your retirement funds in "cash" you're in for a rude awakening. How's that stock market treating your 401K? How much has it lost since the beginning of this year? The futures are down for the market today, and the markets around the world are all down. You only have your idol to blame for the down markets!