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If you liked the Feb jobs numbers you'll love March

Discussion in 'Business & Economics' started by dogtowner, Apr 5, 2017.

  1. dogtowner

    dogtowner Moderator Staff Member

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  2. Openmind

    Openmind Well-Known Member

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    Not quite, Doggie!

    Job creation TUMBLED in March. . . MUCH lower than expected at 98,000 new jobs created, instead of the 169,000 forecast! And the figures for January and February have been revised DOWNWARD.

    Shops are closing all around. . .at twice the rate of closure of 2016.

    US job creation tumbles in March despite Donald Trump's promises to ...
    www.independent.co.uk › News › World › Americas
    1 day ago - Donald Trump's promise to be a major creator of new jobs is facing fresh pressure as figures showed the economy added just 98000 positions

    Jobs Report: Monthly Employment Growth Statistics - The Balance
    https://www.thebalance.com › ... › U.S. Economy Statistics › Employment Statistics
    The economy added 98000 jobs in March 2017. Which industries ... It uses business payroll data to report on the number of jobs added in the private sector
     
  3. Old_Trapper70

    Old_Trapper70 Well-Known Member

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    What happened to Dog? No comment?

    http://www.businessinsider.com/jobs-report-retail-employment-apocalypse-2017-4

    "The retail industry lost 29,700 jobs in the month of March, following a 30,900 loss in February, according to the Bureau of Labor Statistics.

    The largest decline within the industry came from general merchandise stores, which include department stores and big box retailers. That segment saw a decline of 34,700 jobs in March.

    Clothing stores also lost 5,800 jobs last month and health and personal care stores lost 4,100 jobs.

    The rapid decline in retail employment comes as a wave of store closures has spread across the industry. Roughly 3,500 stores are expected to close over the next few months with retail giants like Macy's and JCPenney shuttering locations.

    According to Bespoke Investment Group, the two month decline in retail jobs is the largest since November and December 2009, when the country was dealing with the fallout from the financial crisis."

    And where are all those jobs for the coal miners Trump promised? Even though Trump eliminated regulations to prevent the coal industry from polluting strwams, and the air, the jobs have not come back:

    https://www.brookings.edu/blog/the-...k-outlook-for-trumps-promises-to-coal-miners/
     
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