Australian Politics Forum - Trump Created 290,000 Jobs in fist month..

President Elect, The Mechanic

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Trump Created 290,000 Jobs in fist month..
Mar 9^th, 2017 at 5:16am

This is what Americans care about - jobs.

Not transgender bathrooms, Russia conspiracy theories or identity politics. Roll Eyes

Quote:

290,000 Jobs Created in Trump’s First Month, Shattering Expectations

Construction jobs swell by the most in 11 years

President Donald Trump has received a huge boost for his economic agenda with the news that the U.S. created 298,000 new jobs after his first full month in office, shattering expectations by a margin of over 100,000.

The total blasted through market expectations that around 190,000 new jobs would be created.

“The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation’s aging infrastructure system,” reports CNBC.

The numbers bode well for President Trump’s agenda of economic nationalism and his vow to reverse the ravages of globalism by bringing jobs back home.

The breakdown of the numbers is significant because it shows that the U.S. is becoming less dependent on service sector jobs as Trump tries to provide new incentives for companies to take on more construction and manufacturing workers.

Goods producers added 106,000 of the new jobs, with construction jobs swelling by 66,000 – the most in 11 years – and manufacturing jobs by 32,000.

Claims for unemployment benefits are also at the lowest for 44 years, suggesting employers are confident about the future.

“Companies employing 500 or more workers increased staffing by 72,000 jobs; payrolls rose by 122,000 at medium-sized businesses, or those with 50 to 499 employees, the most in three years; while small companies’ payrolls gained 104,000, an eight-month high,” reports Bloomberg.

The news is sure to be heralded by President Trump, while the mainstream media, which Trump has accused of acting as the opposition party, will look to bury the figures as it continues to spin the narrative that his embryonic administration is in turmoil.

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Q

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greggerypeccary Gold Member Offline Australian Politics Posts: 151499 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #1 - Mar 9^th, 2017 at 5:29am No source? Fake news! Try again.
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BlueBeard Senior Member Offline Australian Politics Posts: 387 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #2 - Mar 9^th, 2017 at 5:56am You just could not be happy for the American people could you miserable bastard
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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14722 Colorado Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #3 - Mar 9^th, 2017 at 6:16am Bemuse no such jobs exist. If anything, Trump has cost jobs with the Federal hiring ban Just more mindless SPAM one has come to expect from Mechspastic.
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BlueBeard Senior Member Offline Australian Politics Posts: 387 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #4 - Mar 9^th, 2017 at 6:40am Marla wrote on Mar 9^th, 2017 at 6:16am: Bemuse no such jobs exist. If anything, Trump has cost jobs with the Federal hiring ban Just more mindless SPAM one has come to expect from Mechspastic. Get off the drugs and get one of those jobs you worthless cretinism
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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14722 Colorado Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #5 - Mar 9^th, 2017 at 6:52am Firetroll (sock puppet) it's "cretin," not "cretinism"
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Sprintcyclist

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Re: Trump Created 290,000 Jobs in fist month..
Reply #6 - Mar 9^th, 2017 at 7:41am

Quote:

...............Companies employing 500 or more workers increased staffing by 72,000 jobs; payrolls rose by 122,000 at medium-sized businesses, or those with 50 to 499 employees, the most in three years; while small companies’ payrolls gained 104,000, an eight-month high,” reports Bloomberg.

The news is sure to be heralded by President Trump, while the mainstream media, which Trump has accused of acting as the opposition party, will look to bury the figures as it continues to spin the narrative that his embryonic administration is in turmoil.
............

https://www.infowars.com/290000-jobs-created-in-trumps-first-month-shattering-ex...

and bloomberg

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Sprintcyclist

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Re: Trump Created 290,000 Jobs in fist month..
Reply #7 - Mar 9^th, 2017 at 7:45am

Quote:

Companies added the most workers in almost three years to U.S. payrolls in February on a surge in construction and manufacturing employment, data from the ADP Research Institute in Roseland, New Jersey, showed Wednesday.

Key Points
•Private payrolls climbed by 298,000 (forecast was 187,000), the most since April 2014, after a revised 261,000 gain in January
•Goods-producing industries, which include manufacturers and builders, increased headcounts by 106,000, a record in data going back to 2002, after a 55,000 gain
•Service providers boosted payrolls by 193,000 after a 207,000 increase

The U.S. labor market is continuing its strong run as demand chugs along, potentially benefiting from increased optimism about the economic outlook under President Donald Trump. Claims for unemployment benefits are the lowest in almost 44 years, signalling employers are keeping firings at a minimum. The ADP figures provide some insight ahead of Friday’s release of the Labor Department’s monthly employment report, which is projected to show a 190,000 increase in private jobs.

Economist’s Takeaway

“Unseasonably mild winter weather undoubtedly played a role. But near-record-high job openings and record-low layoffs underpin the entire job market,” Mark Zandi, chief economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, said in a statement. Moody’s produces the figures with ADP.

The Details
•Hiring in construction was 66,000, the most in 11 years
•Factories added 32,000 workers, the most since March 2012
•Employment gained in service sectors tracked by ADP, including trade, transportation and utilities; education and health services; and professional and business services
•Companies employing 500 or more workers increased staffing by 72,000 jobs; payrolls rose by 122,000 at medium-sized businesses, or those with 50 to 499 employees, the most in three years; while small companies’ payrolls gained 104,000, an eight-month high

https://www.bloomberg.com/news/articles/2017-03-08/adp-says-companies-in-u-s-add...

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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14722 Colorado Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #8 - Mar 9^th, 2017 at 7:47am ^ ^ ^
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SadKangaroo

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Re: Trump Created 290,000 Jobs in fist month..
Reply #9 - Mar 9^th, 2017 at 7:50am

I'm glad to see the numbers are much higher than forecast.

But to credit it all to Trump?

He's barely taken any action that would result in these increases, but perhaps a business friendly President who is known for exploiting his own workers is just the sort of confidence these employers needed to hire more.

I dare say he can claim credit for the increases over the forecast gains, but the total number of jobs created when a certain number was already forecast off the back of the previous administrations policy, that's a bit rich.

Especially when we've been told time and time again that anything bad Trump inherrited is Obama's fault, surly the same applies to the positive?

What ever the political wrangling can be, it's good to see job numbers exceeding the forecasts.

If only this can continue when Trump actually enacts his agenda then we can truly give him the credit for making america great again rather than just riding the wave from the previous administration's work overcoming the recession.

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NorthOfNorth

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Re: Trump Created 290,000 Jobs in fist month..
Reply #10 - Mar 9^th, 2017 at 7:58am

SadKangaroo wrote on Mar 9^th, 2017 at 7:50am:

I'm glad to see the numbers are much higher than forecast.

But to credit it all to Trump?

Yes... Its customary to wait at least 90 days into an administration before the US president gets to 'own the farm' (i.e. take credit for the ups and responsibility for the downs).

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Conviction is the art of being certain

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NorthOfNorth Gold Member Offline OzPolitic Posts: 17258 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #11 - Mar 9^th, 2017 at 8:00am Marla wrote on Mar 9^th, 2017 at 7:47am: ^ ^ ^ http://4.bp.blogspot.com/_HMTcR_29J-w/TOMA6efDAuI/AAAAAAAAFSw/Hlt4C_Tu7aU/s640/1... Looks like a scene from 'Jesus Christ Superstar'!
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Marla Gold Member Offline A joint a day keeps the MAGA away Posts: 14722 Colorado Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #12 - Mar 9^th, 2017 at 8:16am SPAMMING HIPPIES all look the same
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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #13 - Mar 9^th, 2017 at 8:27am Trump Created 290,000 Jobs in fist month.. that's a lot of people writing fake news
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greggerypeccary Gold Member Offline Australian Politics Posts: 151499 Gender:	Re: Trump Created 290,000 Jobs in fist month.. Reply #14 - Mar 9^th, 2017 at 8:31am SadKangaroo wrote on Mar 9^th, 2017 at 7:50am: I'm glad to see the numbers are much higher than forecast. But to credit it all to Trump? Nope. It was Obama's doing.
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