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Thread: U.S. Added 312,000 Jobs in December; Unemployment at 3.9%

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    Senior Member Judy's Avatar
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    U.S. Added 312,000 Jobs in December; Unemployment at 3.9%

    U.S. Added 312,000 Jobs in December; Unemployment at 3.9%

    By Natalie Kitroeff
    Jan. 4, 2019

    The Labor Department released its official hiring and unemployment figures for December on Friday morning, offering the latest picture of the American economy.

    The Numbers

    312,000 jobs were added last month. Wall Street analysts had anticipated an increase of about 180,000. It was the biggest monthly gain since 324,000 jobs were added in February. Including revisions, the monthly average for October, November and December was 254,000.

    The unemployment rate rose to 3.9 percent. November’s jobless rate was 3.7 percent.

    The average hourly wage rose by 3.2 percent from a year earlier.

    The Takeaway

    In the last couple of months, as stocks swayed and concern over the prospect of a recession ensued, the labor market was relatively steady. And December’s numbers ended the year with a flourish.

    https://www.nytimes.com/2019/01/04/b...bs-report.html
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    Senior Member Judy's Avatar
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    Best President ever.

    Unemployment rate rose because as the wages rose, more Americans look for work, which is excellent news, plus the uptick in unemployment rate will discourage the Fed from raising interest rates any more.
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    Imagine what could be done if we could remove all the swamp rats and their obstruction!
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    STAY HOME AND BUILD AMERICA ON YOUR SOIL

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    Senior Member Airbornesapper07's Avatar
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    Early morning tweets from
    Our President 1/4/19

    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

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    Senior Member Airbornesapper07's Avatar
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    Well that's a thing...rice...to China..-Red

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    Senior Member Judy's Avatar
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    Our rice is better rice!! Our rice is the best rice in the whole world!!

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    Senior Member Airbornesapper07's Avatar
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    American Economy Added The Most Manufacturing Jobs in Over 20 years

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    Senior Member Airbornesapper07's Avatar
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    usatoday.com

    Ford cancels Mexico plant, expands U.S. factory and adds 700 jobs



    American WOLF PACK Resurrected

    Way to go!!! I don't own a Ford, but this is Awesome for American's.
    ~LEADER~
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    Senior Member 6 Million Dollar Man's Avatar
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    Quote Originally Posted by Airbornesapper07 View Post
    Now that's funny. Kind of like the "selling ice to eskimos" thing.

  10. #10
    Senior Member 6 Million Dollar Man's Avatar
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    Quote Originally Posted by Judy View Post
    U.S. Added 312,000 Jobs in December; Unemployment at 3.9%
    I have to admit, that is a pretty big number for a jobs report.
    Judy likes this.

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