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News & Current Events Discuss Latest Jobs report at the General Forum; February jobs report is the best month since 1983. Is this terrible news for Democrats? Or do we need that ...

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Old 03-09-2018, 10:39 AM
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February jobs report is the best month since 1983. Is this terrible news for Democrats? Or do we need that thank Obama?

Jobs report surprise: 313,000 added in February - Mar. 9, 2018
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Old 03-09-2018, 12:37 PM
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Default Re: Latest Jobs report

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February jobs report is the best month since 1983. Is this terrible news for Democrats? Or do we need that thank Obama?

Jobs report surprise: 313,000 added in February - Mar. 9, 2018
While that's a great thing to see/read, I'll hold my applause until the 'adjusted' number comes out in about 30 days.
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Old 03-09-2018, 01:16 PM
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Default Re: Latest Jobs report

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While that's a great thing to see/read, I'll hold my applause until the 'adjusted' number comes out in about 30 days.
The previous two months' have been adjusted UPWARD...

Quote:
Job gains for December and January were both revised higher, and new positions were added across industries in February.
Does that mean the same for this month?...Of course not...

...but this is a big change from the Obama administration, which painted rosy pictures for the media to tout, only to have them revised DOWNWARD the next month with little reporting on it...

Quote:
Manufacturing businesses hired 31,000 workers. Banks and financial institutions added 28,000 jobs. Construction gained a robust 61,000 employees. Even mining firms, a job-losing industry in recent years, hired 9,000 workers.
This is also a huge change from the Obama Administration, where a huge chunk of job gains were retail and waitressing...
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Old 03-09-2018, 01:52 PM
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Default Re: Latest Jobs report

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Originally Posted by cnredd View Post
The previous two months' have been adjusted UPWARD...

Does that mean the same for this month?...Of course not...

...but this is a big change from the Obama administration, which painted rosy pictures for the media to tout, only to have them revised DOWNWARD the next month with little reporting on it...
Lol. The reporting hasn't changed, and there have been reports where previous numbers were revised downward under Trump. And upward revisions under Obama happened too.
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Old 03-09-2018, 01:57 PM
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Originally Posted by GottaGo View Post
While that's a great thing to see/read, I'll hold my applause until the 'adjusted' number comes out in about 30 days.
True. But I like it when we beat expectations. I didnt poo-poo good job numbers under Obama and certainly wouldn't now.
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Old 03-09-2018, 03:26 PM
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Default Re: Latest Jobs report

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Originally Posted by WallyWager View Post
Lol. The reporting hasn't changed, and there have been reports where previous numbers were revised downward under Trump. And upward revisions under Obama happened too.
Yes, a lot of jobs came back under Obama after the recession. Key word is "Came Back". What is happening now is "New" jobs. Or jobs that have been gone for a looong time. We went back to square one under Obama, under 5% and that was good enough for some people.

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Old 03-09-2018, 08:51 PM
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Default Re: Latest Jobs report

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Originally Posted by cnredd View Post
The previous two months' have been adjusted UPWARD...

Does that mean the same for this month?...Of course not...

...but this is a big change from the Obama administration, which painted rosy pictures for the media to tout, only to have them revised DOWNWARD the next month with little reporting on it...

This is also a huge change from the Obama Administration, where a huge chunk of job gains were retail and waitressing...
Waitressing?
Typo or sexist?

I did notice that this months job report said nothing about adjusting last months job report.
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Old 03-09-2018, 11:57 PM
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Default Re: Latest Jobs report

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Waitressing?
Typo or sexist?
I didn't feel like typing waiter/waitress, so I actually discriminated against men...

Quote:
Originally Posted by Bat
I did notice that this months job report said nothing about adjusting last months job report.
CNN reported January jobs at 200,000 before adjustments...

The ADP employment report has the final January 2018 tally at 234,000...
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