200,000 jobs added and highest WAGE growth in 8 years
I can't wait for the D's to explain to us how this is actually terrible
#Armageddon
I can't wait for the D's to explain to us how this is actually terrible
#Armageddon
The economy is on fire
- Thread starter UCFKnight85
- Start date
I've already commissioned a home project with the extra income I'm keeping this year. It's going straight to a local small business.
#Crumbs
That's all because of W.
Firm, come on, you should know by now, the unemployment numbers during Obama's presidency were fake, now they're real. Duh.
That's because the UE rate doesn't tell you everything. The biggest takeaway today was wage growth- something that barely happened for YEARS of declining unemployment. Why? Because the labor participation rate was terrible.
Today's numbers show that wages are finally increasing at a rate that proves there truly is tightening in the job market. That will continue pushing up wages, coupled with the new access to capital that companies have thanks to the tax cuts.
The labor participation is still the same. It just doesn't fit your narrative anymore. "Oh why have so many people given up on finding work?"
https://data.bls.gov/timeseries/LNS11300000
i have a feeling that we will start to see the go up in the next year as wages riseThe labor participation is still the same. It just doesn't fit your narrative anymore. "Oh why have so many people given up on finding work?"
https://data.bls.gov/timeseries/LNS11300000
The labor participation is still the same. It just doesn't fit your narrative anymore. "Oh why have so many people given up on finding work?"
https://data.bls.gov/timeseries/LNS11300000
smh
Can you read? Or are you simply refusing to read what was actually written? I literally just said that wage growth is what WILL start driving participation higher, and that today's report is the first step in a big right direction for wages.
Sorry the booming economy doesn't fit your butthurt narrative though!
Really interesting note... the stock market was hit hard this week. Worst week in 2 years. Today was particularly bad. Bonds have been rising too. Start of the correction?
Not really. Interest rates spiked with the strong wage numbers, people got spooked, and they're now repositioning their capital.
There's nothing fundamental to slow things down in the long term. Companies are doing well, consumer confidence is soaring, more people are keeping more money, and corporate investment is on the rise.
It was bound to happen. I heard the other day the market had seen the largest in flux in private citizen cash in something like a decade.
I'm not talking about what will happen, I'm talking about what has happened. The booming economy has been in an upswing for a while now. 4+ years of strong growth with positive numbers for nearly 8. Depending on your feelings about the last president determines your outlook of the situation. I am glad that you are starting to see it though, it helps when more Americans are confident about their future.
Is Trump responsible for this drop too? I kid, because answer is also no.
I thought it was Obama's economy? You can't have it both ways.
62.5% worker participation rate. Doesn't take politics to explain economics, dumb dumb.
It's hilarious how these people will do anything to spin things their way.
He said it's Obama's economy for another YEAR. LOL!!!!!!!!!!
The labor participation is still the same. It just doesn't fit your narrative anymore. "Oh why have so many people given up on finding work?"
https://data.bls.gov/timeseries/LNS11300000
It's so nice see fresh blood in Da Cooler.
Look, I'm ecstatic that the economy is doing well. However, the economy has been on an upswing for a while. The last year of it though has been on a lot speculation. Now that Trump has finally enacted policy (something any generic Republican would have done within the first 100 days) we will see how the economy responds. I assume well in the short term as tax cuts typically do that. Trump should get credit but let's not pretend that he didn't walk into a good situation. That's like Heupel winning his first 3 games in 2018. Then bragging about his 16 game winning streak and how Frost was a terrible coach. Also, let's keep in mind that what goes up, will come down. We've had quite a long run of economic growth and I suspect that we will see a correction soon.
Trump inherited something fairly good and so far has made it nearly great. You will never admit this but that’s the truth.
Obama was a poor man's Stansbury. Trump is DW.
Now you aren't reading what I wrote. I would not say that the economy is great yet. It's really good as it was in 2015 & 2016.
Tell me what specifically did Trump do that "made it nearly great"?
lol !
10 year high wage growth, corporate investment growth, 40% gain in the market, historic low unempoyment, pledges from companies to repatriate billions of dollars back to the US, bonus increases at most every major company, and a nearly 15 year high in consumer confidence index
All of these dwarf where we were in 2015
Cut regulation, cut taxes, slows illegal immigration that takes jobs from blue collar workers, fix unfair globalist trade deals, give confidence to small business by not making them the enemy "someone else built that for you", etc, etc, etc.
If you can’t admit Trump has done a lot to stimulate economic Growth and confidence since taking office there’s no help for you
That’s just it. Outside of the tax cuts, which just happened, Trump hasn’t “done a lot”. The economic growth has been speculation on Trump being pro-business and what he might do, which would have happened under any Republican president. Any generic Republican would have actually “done a lot” with less self-infllicted wounds.
Yeah the regulations being relaxed were imaginary . You are a joke . Go home
You realize you are in a terrible circular logic debacle here yes? As soon as one point is discredited you simply move to the next, until you’re back at the first point that was already shot down.
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