Economy Failing, Adds 242,000 Jobs in February
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  Economy Failing, Adds 242,000 Jobs in February
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Author Topic: Economy Failing, Adds 242,000 Jobs in February  (Read 952 times)
Ebsy
Junior Chimp
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« on: March 04, 2016, 10:03:18 AM »

The economy added 242,000 jobs in February, the Labor Department reported Friday, up from 172,000 in January.

That lifts job creation back above the Obama administration's 200,000 benchmark, which it dipped below last month, and also above most expectations. Job growth averaged about 200,000 a month in 2014 and 2015, a fact frequently touted by administration officials.

Unemployment was 4.9 percent, unchanged from January’s 4.9 percent, and average hourly private-sector earnings were down 3 cents. In January, they were up 12 cents.


Still no recession I guess.
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Clarko95 📚💰📈
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« Reply #1 on: March 04, 2016, 10:58:10 AM »
« Edited: March 04, 2016, 11:00:50 AM by Clarko95 »

The employment-population ratio and labor force participation rate have also edged up 0.5% over the past couple of months.


S'funny how Republicans have stopped talking about these stats and the economy as a whole since last summer Roll Eyes
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Hydera
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« Reply #2 on: March 04, 2016, 06:31:32 PM »
« Edited: March 04, 2016, 06:36:22 PM by ( ͡° ͜ʖ ͡°) »

If you check the stats, most of the faltering manufacturing jobs is contained mainly to the states that benefited from high oil prices until 2015.

https://research.stlouisfed.org/fred2/series/TXMFG

https://research.stlouisfed.org/fred2/series/OKMFG

https://research.stlouisfed.org/fred2/series/LAMFG
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NeverAgain
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« Reply #3 on: March 04, 2016, 08:12:15 PM »

There goes communist Obama at it again.
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Sprouts Farmers Market ✘
Sprouts
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« Reply #4 on: March 04, 2016, 11:58:15 PM »

Let's dispel with this fiction that Barack Obama doesn't know what he's doing. He knows exactly what he's doing.

Simply lavenous.
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Amenhotep Bakari-Sellers
olawakandi
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« Reply #5 on: March 05, 2016, 05:36:03 AM »

It always falls around 2nd Quarter every year. 3rd & 4th Quarter, after 4th of July, when labor day is near, turnaround
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