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Politics : Politics for Conservatives -- Ignore unavailable to you. Want to Upgrade?


To: J.B.C. who wrote (101847)12/9/2017 9:32:27 AM
From: J.B.C.3 Recommendations

Recommended By
DinoNavarre
Investor Clouseau
locogringo

  Respond to of 124690
 
MAGAnomics – November Report Adds 228,000 Jobs, Including 31,000 Manufacturing Gains…
Posted on December 8, 2017 by sundance
Despite the negative banter from the gnats the U.S. economy is continuing to outpace economic expectations. More importantly the gains are within targeted sectors long-ago written off. Yes, Trump’s MAGAnomic policies are proving it was always possible.

Job gains exceeded 280,000 as the Main Street economy continues gaining momentum. The manufacturing sector added 31,000, a slight deviation from ADP payroll actuaries a week ago, which remains a complete reversal of prior historic job growth. For the past three decades manufacturing jobs had been shrinking, now the sector is growing. This is the important part of the overall picture.



The unemployment rate remains at 4.1%, because the underlying data has been strongly manipulated for the past several years. If the data ran negative the statistical ruse would be evident; so the explanation remains that workers who left the economy have reentered, ie. “slack“. :::eyeroll:::

Wage growth was estimated at 2.5%, which is in line with our previous analysis. We do not anticipate massive wage rate gains until the full ‘slack‘ is taken up within the employment market. Our prediction remains that Quarter #2 2018 (April, May, June) will be approximately the time-frame when wage rates increase at 5% and more.



(Reuters) […] Nonfarm payrolls rose by 228,000 jobs last month amid broad gains in hiring as the distortions from the recent hurricanes faded, Labor Department data showed on Friday. The government revised data for October to show the economy adding 244,000 jobs instead of the previously reported 261,000 positions.

November’s report was the first clean reading since the storms, which also impacted September’s employment data.

The growth in employment was broad in November. Construction payrolls increased by 24,000 jobs, thanks in part to rebuilding efforts in the areas devastated by the hurricanes, after rising 10,000 in October.

Manufacturing scored another month of solid job gains, with payrolls increasing by 31,000 jobs after rising 23,000 in the prior month. Retail payrolls grew by 18,700 jobs last month, the largest gain since January. Employment at department stores increased by 3,100 jobs, likely boosted by hiring for the holiday season.




To: J.B.C. who wrote (101847)12/9/2017 11:01:13 AM
From: DMaA  Read Replies (1) | Respond to of 124690
 
I know this reflects lazy thinking on my part and I'm not proud of that, but I look at the people in favor of Net Neutrality and their hyperbolic arguments and I find myself finally coming to the side of opposition it.

I say try deregulating it. If everyone's internet bills triple we can always put it back in.



To: J.B.C. who wrote (101847)12/9/2017 3:52:27 PM
From: AJ Muckenfus1 Recommendation

Recommended By
Thehammer

  Respond to of 124690
 
The swamp and regulations.



Back in day that AT&T and others were deemed to be working in the Public’s interest. There began an awareness/suspicion that might be a dream.

Some may recall that there was no wall plug-in for a telephone line. If one wanted telephone service, then a worker must visit your home and work 3 minutes (most residences) to connect you phone to the wall. AT&T advised that the “installer would arrive some time during X day. A worker once shared with me that he earned $130,000 per year because of the overtime prior to breakup..

Somehow the AT&T breakup seemed a positive for some customers.



In California FAA rules deemed the price of flying from LA to SF should be $50. An in state airline start-up began business and charged under $12. (In state the FAA could not set prices)