wage growth highest since April 2009

Willie99 · Sep 7, 2018

[h=1]Economy adds more jobs than expected in August, and wage growth hits post-recession high[/h][FONT=&quot]

Nonfarm payrolls grew by 201,000 in August. Economists surveyed by Reuters expected a 191,000 increase.
Average hourly earnings jumped by 2.9 percent, above the 2.7 percent increase expected.
The unemployment rate held near a generational low of 3.9 percent.

https://www.cnbc.com/2018/09/07/us-nonfarm-payrolls-aug-2018.html

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WINNING WINNING WINNING

Can anyone tell me why previous highs are always from the pre-Obama era? Or as in this case, a whopping three months in when he spent about a billion dollars in his vein attempt to have government grow the economy (fucking idiot that he was)

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Willie99 · Sep 7, 2018

The biggest contributor to job gains was professional and business services, which added 53,000. Heath care grew by 33,000, wholesale trade rose by 22,000, and transportation and warehousing contributed 20,000 to the total.

“You do not want to give Jeff Bezos a seven-year head start.”
There also were 6,000 new mining jobs in a profession that has added 104,000 positions since October 2016, primarily in support activities.

Construction also grew by 23,000, though manufacturing lost 3,000 positions.
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real jobs, not government jobs, not fast food jobs, real jobs

Acebb · Sep 7, 2018

"Expert" on the day after Trump's election:

we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.

SheriffJoe · Sep 7, 2018

Acebb said:
"Expert" on the day after Trump's election:

we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened.

Ocasio-Cortez's chief economic adviser

NFLTrends · Sep 7, 2018

Wait... you are telling me the Democrats fear mongering was wrong again? Millions didnt die? No ones rights were also taken away? It didnt start WW3? No one was put into camps or killed like Hitler did?

Greenbacks · Sep 9, 2018

:toast:

wage growth highest since April 2009

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Conservatives, Patriots & Huskies return to glory

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