Job growth accelerated in January, the government reported Friday, giving President Donald Trump a boost following his State of the Union Address.

The Labor Department reported that the economy added 200,000 new jobs, up from 160,000 in December. The unemployment rate was unchanged for the fourth consecutive month at 4.1 percent.

The numbers also lend credence to Trump's claim during his address Tuesday that wages are beginning to rise under his leadership after months of stagnation with the economy nearing full employment. Wages in January rose to 2.9 percent over the previous year, compared to 2.7 percent in December, the largest year-over-year wage increase since June, 2009.

At the same time, continued growth will put pressure on Trump's new Federal Reserve chair, Jerome Powell, to raise interest rates — which could pose a threat to the stock market, Trump's favorite piece of evidence for the success of his presidency.

The labor force participation rate remained at 62.7 percent for the fourth consecutive month, the lowest level since the 1970s.

The job gains slightly exceeded the 2017 average of 181,000 new jobs per month. Over the past three months, gains averaged 192,000 per month.

Side note: Boeing is paying out (me) 5.5% of my gross, as a bonus, enough to buy a couple S40's off the showroom floor.
Also, after having hired over 1000 new employees, and training them, PAID schooling, a few thousand more still to come.

However, I am still going to retire, YEAH BABY  

https://www.wsj.com/livecoverage/january-2018-jobs-report-analysis

Quote:

raydawg wrote on 02/02/18 at 09:01:38:

(hmm... what was that about bragging about yourself?... yeah, whatever ray..)

There's no denying the economy's looking great.  I'm doing much better financially than I thought I'd be this time last year.

However - if you're tying it solely to our president, you're a moron.

First - the fiscal year under our current president started in October of last year.  All GDP growth and spending cuts prior to that - you can thank Obama for.

Second - every single economic indicator was on an upward trajectory before he got into office.

It's funny - our president woke up on third base and thinks he hit a home run!

Ask yourself this - if everything's so rosy, why are the republicans leaving office in droves prior to the midterms?

Yeah, the tax break might do well in the short term - but what else do they have?  (hint - nothing)

When did cancel 2 for every 1 added begin?

verslagen1 wrote on 02/02/18 at 09:43:07:


I always have said Obama did good with what he inherited, and once folks got rid of his party majority and some adults from the other side of the isle helped out, just like they did with Clinton....

I mean, why would folks vote out the democrats upon first opportunity after having given him a majority if the job he/them, were doing good?

Anyways, the telling is that it's NOT the GLOOM AND DOOM you guys predicted that would happen if Tweeter was elected.....
Remember those?

Of course not  

Pretty much the same, only the dancing partners switched.....
It was cool then, now not, they were obstructionist, today it’s resistance.

Ray is the rare democrat. He knows what reasonable is, at Least sometimes. Occasionally he falls into strict democrat thinking and becomes brainlocked.
The Tea Party movement was a great beginning, sadly the idiots, like Palin jumped in front of the parade and the IRS used their position to strangle the grass roots level of it.