"The private sector added 253,000 jobs last month, far outpacing Wall Street expectations for a gain of 185,000 jobs. Business services, which includes technical services, management and administrative and support services positions, saw its strongest monthly increase since 2014, adding 88,000 jobs for the month, boosting the overall service-providing sector to 205,000 net new jobs.

“Job growth is rip-roaring,” Mark Zandi, chief economist of Moody’s Analytics, said in a statement. “The current pace of job growth is nearly three times the rate necessary to absorb growth in the labor force. Increasingly, businesses’ number one challenge will be a shortage of labor.”

Trump's America

Prepare for the butthurt tsunami........

Trump's America!

Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

delusion becomes you.

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Good to see that a little introspection has cleared your mind and allowed you to freely admit your deficiencies. You were referring to yourself, right?

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

Quote:He noted the job creation was nearly three times what was needed to absorb new entrants into the labor force and predicted that, “increasingly, businesses’ number one challenge will be a shortage of labor.”

If that’s correct, wages should start to rise faster as the economic recovery from the Great Recession hits its eighth anniversary this month.

(06-01-2017 10:00 AM)fsquid Wrote:  

Quote:He noted the job creation was nearly three times what was needed to absorb new entrants into the labor force and predicted that, “increasingly, businesses’ number one challenge will be a shortage of labor.”

If that’s correct, wages should start to rise faster as the economic recovery from the Great Recession hits its eighth anniversary this month.

About as 2/3 as long as it took to get us out the Great Depression - if one chooses to believe we have recovered. If only this one could have lasted another 4 years we could have set a new record.

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Investing.com

Quote:A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

...

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

(06-01-2017 10:13 AM)Bull_Is_Back Wrote:  

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Investing.com

Quote:A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

...

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

I kinda like that spin. If anything, it made me chuckle.

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

Almost as delusional as HRC on why she lost.

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

Generally, presidents get too much credit and blame for the economy. However, what did Obama actually do to stimulate job growth? For much of his 8 years, the recovery was tempered greatly due to drops in labor participation. How much of that was due to retirements, I'm not sure. The participation rate did stabilize for the past 2 to 3 years. Same critiques made against Reagan about "McJobs" in the 80s could have easily been made for Obama; however, the media failed to do so. Objectively, the comparisons where there to be made.

(06-01-2017 10:07 AM)TigerBlue4Ever Wrote:  

(06-01-2017 10:00 AM)fsquid Wrote:  

Quote:He noted the job creation was nearly three times what was needed to absorb new entrants into the labor force and predicted that, “increasingly, businesses’ number one challenge will be a shortage of labor.”

If that’s correct, wages should start to rise faster as the economic recovery from the Great Recession hits its eighth anniversary this month.

About as 2/3 as long as it took to get us out the Great Depression - if one chooses to believe we have recovered. If only this one could have lasted another 4 years we could have set a new record.

And 5 years longer than Texas took to get out of its much worse 1986 recession. Everything was back to normal by 1989.

(06-01-2017 10:13 AM)Bull_Is_Back Wrote:  

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Investing.com

Quote:A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

...

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

Can you please link the actual article or story please? Thanks.

(06-01-2017 12:29 PM)Redwingtom Wrote:  

(06-01-2017 10:13 AM)Bull_Is_Back Wrote:  

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Investing.com

Quote:A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

...

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

Can you please link the actual article or story please? Thanks.

https://www.investing.com/news/economy-n...ork-449057

(06-01-2017 12:29 PM)Redwingtom Wrote:  

(06-01-2017 10:13 AM)Bull_Is_Back Wrote:  

(06-01-2017 09:34 AM)Redwingtom Wrote:  

(06-01-2017 09:15 AM)ECUGrad07 Wrote:  

(06-01-2017 09:06 AM)Redwingtom Wrote:  Good news if so. It's not the official BLS numbers however.

Thankfully trump hasn't totally damaged the positive path that Obama and congress has set us on for the past several years.

You mean those sub-30 hour part-time jobs and the rapidly declining labor participation rate? Yeah - real great path we were set on.

These are REAL jobs, not Obama "jobs" meant to pad the stats but help no one.

The spin is strong in this one.

Investing.com

Quote:A new study by economists from Harvard and Princeton indicates that 94% of the 10 million new jobs created during the Obama era were temporary positions.

...

Under Obama, 1 million fewer workers, overall, are working than before the beginning of the Great Recession.

Can you please link the actual article or story please? Thanks.

I should have put it in there, my bad..

https://www.investing.com/news/economy-n...ork-449057