Job growth bounces back in April, up 211k. Unemployment falls to ten year low

[Matty]

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https://www.washingtonpost.com/news/wonk/wp/2017/05/05/the-u-s-job-market-is-expected-to-rebound-in-april-if-it-doesnt-that-could-be-cause-for-concern/?utm_term=.52eee1905724

[Sprouts Farmers Market ✘]

Greatest jobs president that God ever created.

[Wiz in Wis]

Good. Hopefully that continues.

#ThanksObama.

[The_Doctor]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

[JA]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

^^ This

But also, I'd like to know in which sectors those jobs were created and what their rate of pay, benefits, and security was. If they're contracted or low wage service jobs, that's not job growth we should really be celebrating.

[HAnnA MArin County]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

Indeed. Faux Noise will do what it does best: distort the facts to where it makes Republicans and their Dear Leader look good but when the economy is bad, they'll start pointing the finger at the black guy.

[riceowl]

Great! We don't need tax reform after all.

[Matty]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

The point is that employers do not fear the so called "cataclysmic" trump policies.

Just like post- brexit. People predicted disaster and the UK economy ended the year the strongest it has been in decades.

[publicunofficial]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

The point is that employers do not fear the so called "cataclysmic" trump policies.

Just like post- brexit. People predicted disaster and the UK economy ended the year the strongest it has been in decades.

Who the hell claimed businesses feared a Trump presidency?

[Chancellor Tanterterg]

Thanks, Obama!

[I Won - Get Over It]

Greatest jobs president that God ever created.

[Sprouts Farmers Market ✘]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

^^ This

But also, I'd like to know in which sectors those jobs were created and what their rate of pay, benefits, and security was. If they're contracted or low wage service jobs, that's not job growth we should really be celebrating.

A strong mix:

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[Grumpier Than Uncle Joe]

Thanks, Donald!

[The_Doctor]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

The point is that employers do not fear the so called "cataclysmic" trump policies.

Just like post- brexit. People predicted disaster and the UK economy ended the year the strongest it has been in decades.

Neither of our points are mutually exclusive however.

Also it's not an apples to apples situation. So far Trump is governing as a pro business standard Republican rather than a true populist. His rhetoric since winning has been much more typical Republican and neoliberal. So your point is not entirely accurate ... Trump hasn't made radical economic statements or done radical economic measures that would trigger markets. So it's not per se comparable to Brexit (and for the record the pound significantly weakened in response so that's one major thing).

Secondly…Brexit hasn't been enacted (just triggered) w/ a waiting period nor has Trump really done anything weird like start a trade war. We have to see what happens if either occurs to see if your contention businesses remain sanguine. I don't think that if negative economic effects start happening or we/they slip into a recession as a consequence that the markets remain as calm.

[JA]

This is still the Obama boom. It doesn't become Trump's really until maybe a year (or half year?) in because it takes that long for a President to affect the economy. And none of the Trump executive orders or actions have yet materially affected the economy. Neither has there been legislation to affect said economy.

(Yes that applies to past presidents -- Clinton left W. a strong but slowing economy because of the dot-com bubble bursting).

OP just inadvertently credited a Democratic President by accident. Not that it was his intention which kind of makes it hilarious. Especially since Fox made the same mistake.

^^ This

But also, I'd like to know in which sectors those jobs were created and what their rate of pay, benefits, and security was. If they're contracted or low wage service jobs, that's not job growth we should really be celebrating.

A strong mix:

You must be logged in to read this quote.

It is a mix, but I certainly would not characterize it as a "strong" mix. The bulk of the jobs were in the less financially secure sectors of the economy.

[Maxwell]

It's interesting to square that with, by any measure, really anemic growth in the economy.

[Sbane]

Thanks, Donald!

Dude you do realize jobs growth was about 200k for a good chunk of Obama's presidency, especially the last couple years? This is a continuation of the situation under Obama. If you want to call that an Obama boom, or a failure, is up to you. The situation on the ground hasn't changed.

[GlobeSoc]

Oh I just realized a possibility is that we get close to full employment but conservative policy suppresses wage growth and thus, domestic consumption, leading to a demand-side recession.

[Absentee Voting Ghost of Ruin]

Greatest jobs president that God ever created.

Give him a little time and I'm sure Trump will be able to get those unemployment numbers back up. MAGA!