Exploding consumer confidence and business sentiment don't factor into the equation?
There's a reason those ratios are tracked.
Trump Era New Job Announcements Thread
- Thread starter GunsOfFrankEaton
- Start date
Exploding consumer confidence and business sentiment don't factor into the equation?
There's a reason those ratios are tracked.
If it was a company that was previously struggling or not growing I'd agree, but in this case Amazon has been doing pretty well picking up on the shift from B&M stores to online shopping for the last 10 years. I don't think this is anything new.
Conversely, are job losses do to changing demographics, a business being poorly run, etc, kept from any totals?
TRUMP ECONOMY: US Created 227,000 Jobs in January – Including 457,000 New Full-Time Jobs
http://www.cnbc.com/2017/02/03/us-nonfarm-payrolls-jan-2017.html
http://www.cnbc.com/2017/02/03/us-nonfarm-payrolls-jan-2017.html
US Private Sector Created 298K Jobs in Feb. vs. 190K Est.: ADP
http://www.cnbc.com/2017/03/08/private-sector-jobs-february-2017-adp.html
A few excerpts...
"Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
"The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.
"The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation's aging infrastructure system.
"February proved to be an incredibly strong month for employment with increases we have not seen in years," Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, said in a statement.
"In addition to the construction and manufacturing positions, mining and natural resources also contributed 8,000 to the total. Trump has promised to restore mining jobs as well.
"The year is off to a sizzling start for job creation, according to the ADP counts. January added 261,000 positions, a number that was revised upward from the originally reported 246,000.
"Confidence is playing a large role," Mark Zandi, chief economist of Moody's Analytics, told CNBC. "Businesses are anticipating a lot of good stuff — tax cuts, less regulation. They are hiring more aggressively.
"Services led the way with 193,000 new jobs, with 66,000 coming from professional and business services. Health care added 38,000 while information-related jobs came to 25,000."
Amazing what can be achieved for the American people when you get rid of the dead wood.
http://www.cnbc.com/2017/03/08/private-sector-jobs-february-2017-adp.html
A few excerpts...
"Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody's Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000.
"The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME.
"The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation's aging infrastructure system.
"February proved to be an incredibly strong month for employment with increases we have not seen in years," Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, said in a statement.
"In addition to the construction and manufacturing positions, mining and natural resources also contributed 8,000 to the total. Trump has promised to restore mining jobs as well.
"The year is off to a sizzling start for job creation, according to the ADP counts. January added 261,000 positions, a number that was revised upward from the originally reported 246,000.
"Confidence is playing a large role," Mark Zandi, chief economist of Moody's Analytics, told CNBC. "Businesses are anticipating a lot of good stuff — tax cuts, less regulation. They are hiring more aggressively.
"Services led the way with 193,000 new jobs, with 66,000 coming from professional and business services. Health care added 38,000 while information-related jobs came to 25,000."
Amazing what can be achieved for the American people when you get rid of the dead wood.
Samsung Plans U.S. Expansion, Would Shift Manufacturing From Mexico.
https://www.wsj.com/articles/samsun...ld-shift-manufacturing-from-mexico-1488985610
https://www.wsj.com/articles/samsun...ld-shift-manufacturing-from-mexico-1488985610
In the production meetings someone stands up and says leave that off our front page. And every one gives a harrumph to condone it.
Commerce Secretary Wilbur Ross: U.S. Eyeing Billions of Uncollected Dollars in China
Published March 08, 2017 White House
Source: http://www.foxbusiness.com/features...ng-billions-uncollected-dollars-in-china.html
I guess pathetic job participation and lackluster economic activity is not necessarily the "new normal."
GM Is Rehiring 500 Workers That Were Slated for Layoffs
https://www.google.com/amp/amp.timeinc.net/fortune/2017/03/15/gm-hiring-plant-workers/?source=dam
https://www.google.com/amp/amp.timeinc.net/fortune/2017/03/15/gm-hiring-plant-workers/?source=dam
From the article:
So you want to beat your chest about 500 people planning to be recalled from a RIF of 1,100? Wow man - that Trump is something...
Again - you want to celebrate Trump hasn't screwed up last 5 years trend? Impressive...
By your calculation - how much will the rate change in the next 3 months? Where will it be at the end of the year?
http://abcnews.go.com/Business/wireStory/ford-investing-12b-michigan-plants-adding-130-jobs-46419207
Ford cancels $1.6 billion Mexican plant. Will invest $1.2 billion in three Michigan plants.
Ford cancels $1.6 billion Mexican plant. Will invest $1.2 billion in three Michigan plants.
http://dailycaller.com/2017/03/31/t...ring-optimism-hits-20-year-record-high-video/
Manufacturing ‘Optimism’ Hits ’20-Year Record High
Donald Trump met with manufacturing executives at the White House Friday, during which he touted a new survey from the National Association of Manufacturers.
“Your survey shows that 93 percent of manufacturers now have a positive outlook on the future of their business in this country,” POTUS stated. “93 percent, and it was, just a few months ago, 56 percent.”
“That’s a slight difference,” he added, drawing laughter and applause from the room.
“That’s a 20-year record high,” Trump continued. “The highest it’s been in 20 years, and it is going higher.”
“The manufacturers are really starting to invest big money in a lot of things that are happening. It’s a new surge in optimism sweeping across the land. There is a vote of confidence in the plan to bring back jobs, lower taxes and provide a level playing field for our workers.”
NAM president Jay Timmons, who was present at Trump’s Friday meeting, attributed President Trump’s laser-like focus on pursuing bold action, particularly on rethinking red tape to address regulatory reform, to [accelerating] a jobs surge in America” in a statement accompanying the survey’s release.
“Manufacturers of all sizes are now less concerned about the business climate going forward because they are counting on President Trump to deliver results,” he continued. “Small manufacturers — more than 90 percent of our membership — are among the hardest hit by regulatory obstacles.”
“Regulatory costs for small manufacturers with fewer than 50 employees total almost $35,000 per employee per year — money that could otherwise go to creating jobs. It’s encouraging to see an administration so focused on providing regulatory relief to spur manufacturing growth.”
“We are grateful for the chance to meet with the president today as we continue to tell the White House directly which regulations are still the biggest obstacles to a manufacturing surge,” Timmons wrote. “There is much work to be done, and manufacturers have the solutions on regulatory reform as well as on infrastructure investment, workforce development, bold comprehensive tax reform and a host of other issues.”
Manufacturing ‘Optimism’ Hits ’20-Year Record High
Donald Trump met with manufacturing executives at the White House Friday, during which he touted a new survey from the National Association of Manufacturers.
“Your survey shows that 93 percent of manufacturers now have a positive outlook on the future of their business in this country,” POTUS stated. “93 percent, and it was, just a few months ago, 56 percent.”
“That’s a slight difference,” he added, drawing laughter and applause from the room.
“That’s a 20-year record high,” Trump continued. “The highest it’s been in 20 years, and it is going higher.”
“The manufacturers are really starting to invest big money in a lot of things that are happening. It’s a new surge in optimism sweeping across the land. There is a vote of confidence in the plan to bring back jobs, lower taxes and provide a level playing field for our workers.”
NAM president Jay Timmons, who was present at Trump’s Friday meeting, attributed President Trump’s laser-like focus on pursuing bold action, particularly on rethinking red tape to address regulatory reform, to [accelerating] a jobs surge in America” in a statement accompanying the survey’s release.
“Manufacturers of all sizes are now less concerned about the business climate going forward because they are counting on President Trump to deliver results,” he continued. “Small manufacturers — more than 90 percent of our membership — are among the hardest hit by regulatory obstacles.”
“Regulatory costs for small manufacturers with fewer than 50 employees total almost $35,000 per employee per year — money that could otherwise go to creating jobs. It’s encouraging to see an administration so focused on providing regulatory relief to spur manufacturing growth.”
“We are grateful for the chance to meet with the president today as we continue to tell the White House directly which regulations are still the biggest obstacles to a manufacturing surge,” Timmons wrote. “There is much work to be done, and manufacturers have the solutions on regulatory reform as well as on infrastructure investment, workforce development, bold comprehensive tax reform and a host of other issues.”
Private Sector Reports Stronger-Than-Expected Boost to Payrolls in March
https://www.wsj.com/articles/privat...xpected-boost-to-payrolls-in-march-1491397601
"Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected, according to a report released Wednesday.
Private payrolls across the nation rose by 263,000 last month, said payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics. This was much better than a gain of 180,000 expected by economists polled by The Wall Street Journal. In February, ADP’s report showed the private-sector added 298,000 jobs. The report is based on data collected from ADP clients in addition to lagged behind government figures.
“The gains are broad based but most notable in the goods producing side of the economy including construction, manufacturing and mining,” said Mark Zandi, chief economist of Moody’s Analytics."
https://www.wsj.com/articles/privat...xpected-boost-to-payrolls-in-march-1491397601
"Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected, according to a report released Wednesday.
Private payrolls across the nation rose by 263,000 last month, said payroll processor Automatic Data Processing Inc. and forecasting firm Moody’s Analytics. This was much better than a gain of 180,000 expected by economists polled by The Wall Street Journal. In February, ADP’s report showed the private-sector added 298,000 jobs. The report is based on data collected from ADP clients in addition to lagged behind government figures.
“The gains are broad based but most notable in the goods producing side of the economy including construction, manufacturing and mining,” said Mark Zandi, chief economist of Moody’s Analytics."
Great to see continued job growth. Notable this reports shows shrinkage in Info Svcs - a surprise IMO.
Toyota to Invest $1.3 Billion in Kentucky Plant
https://mobile.nytimes.com/2017/04/...vestment.html?referer=https://www.google.com/
https://mobile.nytimes.com/2017/04/...vestment.html?referer=https://www.google.com/
SOLID: 211,000 Jobs Created in April, Unemployment Falls to 4.4%
http://www.breitbart.com/economics/2017/05/05/6662086/
"The American job creation machine was re-ignited in April after a disappointing March. Payrolls grew by 211,000 jobs in the months and unemployment fell to 4.4 percent, the lowest since May 2007.
"The consensus forecast of economists was for job growth of 185,000 and for a slight increase in unemployment."
http://www.breitbart.com/economics/2017/05/05/6662086/
"The American job creation machine was re-ignited in April after a disappointing March. Payrolls grew by 211,000 jobs in the months and unemployment fell to 4.4 percent, the lowest since May 2007.
"The consensus forecast of economists was for job growth of 185,000 and for a slight increase in unemployment."
Companies added 253,000 new jobs in May, well above expectations of 185,000 and April's 174,000.
http://www.cnbc.com/2017/06/01/adp-private-sector-payrolls-may-2017.html
Maybe the left can attempt a backchannel on the time continuum and erase the fact that the economy sucked for eight long years under Obama.
http://www.cnbc.com/2017/06/01/adp-private-sector-payrolls-may-2017.html
Maybe the left can attempt a backchannel on the time continuum and erase the fact that the economy sucked for eight long years under Obama.
https://www.bloomberg.com/news/arti...rises-on-strongest-view-of-finances-in-decade
Overall gauge rises to second strongest level since 2001.
Overall gauge rises to second strongest level since 2001.
President Trump took over at a time when expectations had been driven down, at a time when the numbers should have been far better, and at a time that will allow president Trump to improve on matters beyond greatly.
Again, see if you can spot where trump took over
Again, see if you can spot where trump took over
Employment Situation report out today (the one the ADP report tries to estimate). Prior two months revised down. This months number missed the consensus estimate by nearly 50,00 jobs. The participation rate is down to 62.7% and we actually lost manufacturing jobs.
More Obama style sucking is what is needed IMO...
Shovel ready? Would you like fries with that?
Wonder where the Don will land in year one... tracking to less than a million maybe? How will he respond to being beat by Carter, Obama and 41?
