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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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  4. Openmind

    Openmind Well-Known Member

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    Hey, doggie!

    Why don't you brag about the May job numbers?
    By the way. . .did you know that the number of new jobs created for March AND April were revised DOWN?

    Nothing to say?
     
  5. dogtowner

    dogtowner Moderator Staff Member

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    Don't Hit A Home run with every swing.
     
  6. Old_Trapper70

    Old_Trapper70 Well-Known Member

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    You don't even get to first base unless one gives you a walk. Tell us, when will Trump, or his daughter, bring back the jobs they have outsourced to the US?

    http://time.com/4783921/the-jobs-that-werent-saved/

    "The outsourcing of America's factory jobs is nothing new, of course. Since 1999, the nation's manufacturing workforce has dropped 28%, from 17.3 million jobs to 12.4 million, as companies flee to countries with cheaper labor costs. Between 2001 and 2016, the U.S. had a net loss of nearly 54,000 manufacturing businesses. In those that remain, more and more work is being done by robots and advanced computers, which are usually overseen by engineers, programmers and others with at least four-year college degrees.

    "This is a runaway train," says Anthony Carnevale, director of the Georgetown University Center on Education and the Workforce. "In the end, technology and global markets improve productivity and benefit all of us. Sadly, it hurts some of us even more."

    Donald Trump promised to make the pain stop, and he owes his election in part to the Midwestern factory workers who believed he would make good on the pledge. "I absolutely got sucked into this message," says Rexnord machinist Gary Canter, 46, who has started delivering pizza for Papa John's three nights a week to sock away extra money before his impending layoff. For Bousum, the rationale was simple: "I voted for Trump based on the fact that he could save our jobs."
    They had reason to hope in early December, just weeks after Trump's victory, when the President-elect announced a deal with nearby heating- and cooling-equipment manufacturer Carrier to keep 1,100 jobs in Indianapolis rather than move them to Mexico (although some 300 of those "saved" jobs were white collar positions that were never slated to move). The next day, Trump turned his ire toward Rexnord, which had already announced its relocation plan. "Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers," the President-elect tweeted. "This is happening all over our country. No more!"

    More than five months later, Rexnord is pressing ahead with its move. Senator Joe Donnelly, a Democrat from Indiana, who has discussed the closure with the President, cautions that a last-minute reprieve is unlikely. "I don't want to create false hope," Donnelly tells TIME."
     
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  7. Openmind

    Openmind Well-Known Member

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    Seems like we'll never get "tired of winning" with this clown in the White House!
    I'm waiting for even ONE "home run" that doesn't destroy what America stands for!
     
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