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Today's jobs report was an unmitigated disaster and bodes poorly for the economy going forward. Not only did job creation fall far short of expectations, but revisions to last month's rosy number and the poor number the month before brought them way, way down as well. What job creation there was came almost entirely in the low end of the wage spectrum and the unemployment rate dropped on a big reduction in labor force participation. I won't ascribe this to Trump, as he has no policies in place yet good or bad. Nevertheless, the Trump and the GOP are not delivering on their promises and the economy is sputtering.
8 years of a lousy economy under Obama and you are complaining this admin hasn't done enough in 4 months. Maybe if the Dems stopped obstructing appointments and other things, things would get done.
Given the prospects of the economy under the Trump administration I would not be investing in higher risk businesses that create jobs. I have invested in industries most likely to receive government support or are existing oligopolies.
It's happening in the southeast and has been. No reason it should stop -- is there?
If we could only get wages to inch up but that's the whole business of CEO's salaries getting bigger and bigger and other employees not seeing the raises.....
8 years of a lousy economy under Obama and you are complaining this admin hasn't done enough in 4 months. Maybe if the Dems stopped obstructing appointments and other things, things would get done.
One of your fellow Trumplings is hooting his horn about how great the job market is going and of-course the market, and you admit he has not been able to fix it yet, might want to trade notes more often, someone is off script. No one is obstructing trump, I will remind you that the Republicans control Congress.
One of your fellow Trumplings is hooting his horn about how great the job market is going and of-course the market, and you admit he has not been able to fix it yet, might want to trade notes more often, someone is off script. No one is obstructing trump, I will remind you that the Republicans control Congress.
Trump has other pressing issues - ahem covfefe.....let's just say -- you have to prioritize.
I know it isn't a rip roaring increase but it still is an increase.
And given this administration really hasn't done anything directly to improve job growth -- it's not bad.
For me -- each month goes by and we don't lose jobs...I feel good. Still have PTSD from 2008.
The revisions this month to previous reports show three months straight of slowing job growth. I hope this bad report gives pause to the Fed with respect to jacking interest rates.
The revisions this month to previous reports show three months straight of slowing job growth. I hope this bad report gives pause to the Fed with respect to jacking interest rates.
ahh good point. So the trend is disturbing. I appreciate the discussion -- makes me pay more attention to things I've glossed over. Thank you.
Maybe if we can get a budget finalized it will help?
Or are we slated for a little bit of a downward trend -- cyclical and all.
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