APRIL JOBS REPORT: Job creation smashes expectations, unemployment rate falls to 49-year low - GoFuckYourself.com

OneHungLo · 05-03-2019, 06:34 AM

Quote:

The U.S. labor market charged ahead in April.

The economy added 263,000 non-farm payrolls for the month, the Bureau of Labor Statistics reported Friday. This topped expectations for 190,000 new positions, according to consensus estimates compiled by Bloomberg. March’s payroll additions were downwardly revised to 189,000, from 196,000 previously.

The unemployment rate fell to 3.6% for the month, the lowest level since December 1969. Consensus economists had anticipated that unemployment would hold at March’s 3.8% rate.

Meanwhile, the labor force participation rate fell slightly from March to 62.8%, but was unchanged from the year prior. The broad U-6 gauge of unemployment – which captures the underemployed as well as those who have ceased looking for jobs and – held at 7.3%, the same level seen in both February and March.

Average hourly earnings rose 0.2% month-over-month and 3.2% year-over-year, the same paces seen in March. Consensus economists had anticipated hourly wages to increase by 0.3% on a monthly basis and 3.3% on an annual basis.

Positions in the manufacturing sector grew by 4,000 in April, reversing a decline of 6,000 seen in March. However, this came in short of the 10,000 new manufacturing positions expected. Manufacturing job creation has been closely watched amid softness in the sector as a whole, with the Institute for Supply Management’s factory gauge falling to a two-year low in April.

The Bureau of Labor Statistics report comes on the heels of mixed employment data from other closely watched labor market indicators. ADP/Moody’s reported earlier this week that private payrolls increased by 275,000 in April, or nearly 100,000 positions more than expected. However, initial unemployment claims, which had been trending lower, recently rebounded, with Thursday’s latest reading showing new jobless claims rose by 230,000 on a seasonally adjusted basis during the last full week of April.

Meanwhile, the economy on the whole has shown signs of trending higher, based on the much stronger-than-expected reading on first-quarter GDP last week. According to that report, the U.S. economy grew at a pace of 3.2% in the first three months of the year, surging ahead of consensus expectations for 2.3% growth.

Fed Watch
Friday’s jobs report comes just two days following the Federal Reserve’s latest monetary policy decision and commentary from Fed Chair Jerome Powell, in which the central bank characterized economic activity as “solid.” The Federal Open Market Committee (FOMC) decided to keep key interest rates unchanged at a band of between 2.25% and 2.5%, with Powell subsequently telegraphing that the central bank does not see a “strong case” to change interest rates in either direction at this point.

In the statement, the FOMC noted that “job gains have been solid, on average, in recent months, and the unemployment rate has remained low.” Powell also said that he saw no signs of an overheating economy, and that wages have grown at an “appropriate” rate.

Friday’s jobs report looks to have affirmed the Fed’s stance, said Mark Hamrick, Bankrate.com senior economic analyst.

https://finance.yahoo.com/news/april...220932515.html

RedFred · 05-03-2019, 06:35 AM

Wait, you just said 3 days ago we had the lowest unemployment rate in history. Were you lying?

OneHungLo · 05-03-2019, 06:39 AM

Quote:

Originally Posted by RedFred

Wait, you just said 3 days ago we had the lowest unemployment rate in history. Were you lying?

OMG you said we had the lowest unemployment in history when in fact it's the lowest in 49 years!!!!!!

Blumph is finished!!!

pimpmaster9000 · 05-03-2019, 06:43 AM

its amazing how the economy is through the roof but the charts dont show it...just amazing...dow has not gained 1 single point in the last 17 months but the economy is booming?!?

btw. fed rates were lower only for obama...trump has a historically low fed rate even though it was raised 7 times by minute amounts...

RedFred · 05-03-2019, 06:44 AM

Quote:

Originally Posted by OneHungLo

OMG you said we had the lowest unemployment in history when in fact it's the lowest in 49 years!!!!!!

Blumph is finished!!!

No, you said we did, you just can't go 5 minutes without lying.

And even with this your cult leaders approval rating is only 42%, any other President would be well over 55% with those numbers.

OneHungLo · 05-03-2019, 06:51 AM

Quote:

Originally Posted by crucifissio

its amazing how the economy is through the roof but the charts dont show it...just amazing...dow has not gained 1 single point in the last 17 months but the economy is booming?!?

btw. fed rates were lower only for obama...trump has a historically low fed rate even though it was raised 7 times by minute amounts...

17 months? That's kind of an odd number to pick. Usually we would go from the start of the presidency. Or a 1 year return. Or a YTD return. But 17 months...very odd. Why pick that number? No cherry picking, right?

YTD Chart:

1 Year:

We definitely don't want to start from his election or presidency:

You want those dick and balls dragged across your face now or later?

Bladewire · 05-03-2019, 06:52 AM

Trump said he doesn't trust the jobs report because it can be manipulated. He said that for about two years before he was anointed POTUS by the corrupt Electoral College.

Then within a month after Trump took office the jobs report showed the lowest percentage of unemployed in decades.

Trump also said the electoral college is corrupted must be abolished.

OneHungLo · 05-03-2019, 06:55 AM

Quote:

Originally Posted by RedFred

No, you said we did, you just can't go 5 minutes without lying.

And even with this your cult leaders approval rating is only 42%, any other President would be well over 55% with those numbers.

Rochard · 05-03-2019, 06:57 AM

Thanks Obama.

OneHungLo · 05-03-2019, 06:57 AM

Quote:

Originally Posted by Bladewire

Trump said he doesn't trust the jobs report because it can be manipulated. He said that for about two years before he was anointed POTUS by the corrupt Electoral College.

Then within a month after Trump took office the jobs report showed the lowest percentage of unemployed in decades.

Trump also said the electoral college is corrupted must be abolished.

Were you sad when you saw more Americans are working under Trump than Obama? Admit it - you hate an America that is prospering under Trump. You would love to see Americans in bread lines.

You are the true enemy of the US.

OneHungLo · 05-03-2019, 07:27 AM

Quote:

Originally Posted by Bladewire

Trump said he doesn't trust the jobs report because it can be manipulated. He said that for about two years before he was anointed POTUS by the corrupt Electoral College.

Then within a month after Trump took office the jobs report showed the lowest percentage of unemployed in decades.

Trump also said the electoral college is corrupted must be abolished.

Looks like those lower taxes do seem to increase hiring and buying

Bladewire · 05-03-2019, 07:35 AM

Quote:

Originally Posted by OneHungLo

Looks like those lower taxes do seem to increase hiring and buying

You're not the 1%

You paid more in taxes

You also didn't get a raise

Your price of gas has gone up

Your price of food has gone up

your price for anything made of steel has gone up 20%

23 coal mines have closed in the last 2 years.

OneHungLo · 05-03-2019, 07:38 AM

Quote:

Originally Posted by Bladewire

You're not the 1%

You paid more in taxes

You also didn't get a raise

Your price of gas has gone up

Your price of food has gone up

your price for anything made of steel has gone up 20%

23 coal mines have closed in the last 2 years.

I paid more in taxes because I made more, so I did get a raise.

JOBS = 4 letter word for libs.

Face it - Trump's doing an awesome job. You can't deny it...actually you can try all you want, but you and I both know it.

pimpmaster9000 · 05-03-2019, 07:41 AM

Quote:

Originally Posted by OneHungLo

17 months? That's kind of an odd number to pick. Usually we would go from the start of the presidency. Or a 1 year return. Or a YTD return. But 17 months...very odd. Why pick that number? No cherry picking, right?

You want those dick and balls dragged across your face now or later?

because that is the exact period in which the DOW has gained 0...you claim "roaring economy" yet in the last 17 months the DOW is up ZERO...charts do not lie...ZERO gains in the last 500 days...

not looking like roaring economy at all

Bladewire · 05-03-2019, 07:42 AM

Quote:

Originally Posted by OneHungLo

I paid more in taxes because I made more, so I did get a raise.

Oh man you're too much

that was a good laugh thanks

TheSquealer · 05-03-2019, 07:45 AM

Quote:

Originally Posted by Bladewire

Oh man you're too much

that was a good laugh thanks

funny you claim to be in the biz yet have zero clue who anyone is and have no ability whatsoever to find out... since you also apparently don't know anyone else who knows anything.

OneHungLo · 05-03-2019, 07:48 AM

Quote:

Originally Posted by crucifissio

because that is the exact period in which the DOW has gained 0...you claim "roaring economy" yet in the last 17 months the DOW is up ZERO...charts do not lie...ZERO gains in the last 500 days...

not looking like roaring economy at all

Do we have to go over this again? The feds unnecessary raising of rates dropped the market. Bastard just spooked the market 2 days ago:

Not only does the fed raising interest rates affect the economy, just the mere mention of it can cause the dow to drop by 100s of points. You don't understand that?

Just look at the drop a few days ago.

Educate yourself.

Admit it, you didn't even know what the DJI was a year ago.

DraX · 05-03-2019, 07:50 AM

Best unemployment rates since 1969, but Orange Man BAD!

Bladewire · 05-03-2019, 07:52 AM

Quote:

Originally Posted by OneHungLo

Do we have to go over this again? The feds unnecessary raising of rates dropped the market. Bastard just spooked the market 2 days ago:

Not only does the fed raising interest rates affect the economy, just the mere mention of it can cause the dow to drop by 100s of points. You don't understand that?

Just look at the drop a few days ago.

Educate yourself.

Admit it, you didn't even know what the DJI was a year ago.

You always blame anyone but Trump

When you think the economy is good you give Trump credit

When you acknowledge the economy is bad you blame the Fed

Your ideology has fucked you in the head

OneHungLo · 05-03-2019, 07:54 AM

Quote:

Originally Posted by crucifissio

because that is the exact period in which the DOW has gained 0...you claim "roaring economy" yet in the last 17 months the DOW is up ZERO...charts do not lie...ZERO gains in the last 500 days...

not looking like roaring economy at all

Can you tell me the factors that make up whether an economy is good or bad and then compare those factors to the US economy?

Go google them and come back and tell me whether the US economy is healthy or not.

OneHungLo · 05-03-2019, 08:01 AM

Quote:

Originally Posted by Bladewire

You always blame anyone but Trump

When you think the economy is good you give Trump credit

When you acknowledge the economy is bad you blame the Fed

Your ideology has fucked you in the head

Just like I asked crusifissio, tell me what factors make up a good or bad economy and tell me why our economy is bad.

TheSquealer · 05-03-2019, 08:06 AM

OneHungLo · 05-03-2019, 08:14 AM

Quote:

Originally Posted by TheSquealer

This is huge ^

This is what crockett was crying about in another thread.

This is what happens when you have someone like Trump in there with lower taxes and less business stifling regulations.

I can't wait to see where we are at after 8 years of Trump.

TheSquealer · 05-03-2019, 08:29 AM

OneHungLo · 05-03-2019, 08:37 AM

^^ these are the people crying in this thread

TheSquealer · 05-03-2019, 08:52 AM

Paul Markham · 05-03-2019, 09:18 AM

Quote:

Originally Posted by OneHungLo

I paid more in taxes because I made more, so I did get a raise.

JOBS = 4 letter word for libs.

Face it - Trump's doing an awesome job. You can't deny it...actually you can try all you want, but you and I both know it.

Bladewire thinks that giving Americans jobs will be easy and will keep prices lower. He's not thinking big picture.

Giving Americans jobs will need a reversal in 40 years of exporting manufacturing jobs to the Far East. The upside for little people like BW is there will be more people able to buy his product, less debt for the country, less crime, less poverty, less homelessness, etc.

The downside is people will buy less disposable clothingfewer people will update their phones, computers and other disposable electronics.

Imagine all sites and affiliate work going to companies that employ 3rd world workers earning 3$ an hour. Where does that put the Americans in the biz?

Bladewire · 05-03-2019, 09:25 AM

Quote:

Originally Posted by Paul Markham

The upside for little people like BW is there will be more people able to buy his product

Unlike you, I have a product to sell. A fresh, current, yummy product people love

crockett · 05-03-2019, 09:27 AM

Oh it's not like Trump admin could be lying is it?

Busty2 · 05-03-2019, 09:53 AM

Quote:

Originally Posted by Rochard

Thanks Obama.

TheSquealer · 05-03-2019, 09:55 AM

Quote:

Originally Posted by Bladewire

Unlike you, I have a product to sell. A fresh, current, yummy product people love

And yet, no one knows you and no one has done business with you and you have no clue who most old schoolers in the biz are and continually call well established and well known webmasters "fake nics".

Strange.

pimpmaster9000 · 05-03-2019, 10:02 AM

Quote:

Originally Posted by OneHungLo

Do we have to go over this again? The feds unnecessary raising of rates dropped the market. Bastard just spooked the market 2 days ago:

Not only does the fed raising interest rates affect the economy, just the mere mention of it can cause the dow to drop by 100s of points. You don't understand that?

Just look at the drop a few days ago.

Educate yourself.

Admit it, you didn't even know what the DJI was a year ago.

oh how desperate...the interest rates were MUCH higher for bush and clinton and bush and regan but it never bothered them...now this tiny pissant rate is a problem all of a sudden during "roaring" economy?...suspicious to say the least

Bladewire · 05-03-2019, 10:07 AM

Quote:

Originally Posted by crockett

Oh it's not like Trump admin could be lying is it?

Impossible.

Trump never lies.

Trumps administration has never been proven to lie.

/s

pimpmaster9000 · 05-03-2019, 10:08 AM

Quote:

Originally Posted by OneHungLo

Can you tell me the factors that make up whether an economy is good or bad and then compare those factors to the US economy?

Go google them and come back and tell me whether the US economy is healthy or not.

when an industrial average that follows the top 30 state owned companies and and an index like the s&p500 that follows the market caps of 500 large companies, do not do sheeeeeeeeeet in 17 months, the economy is not exactly "roaring"

Bladewire · 05-03-2019, 10:10 AM

Quote:

Originally Posted by crucifissio

when an industrial average that follows the top 30 state owned companies and and an index like the s&p500 that follows the market caps of 500 large companies, do not do sheeeeeeeeeet in 17 months, the economy is not exactly "roaring"

He doesn't understand

This has been explained to him hundreds of times over the last two three years

pimpmaster9000 · 05-03-2019, 10:25 AM

Quote:

Originally Posted by Bladewire

He doesn't understand

This has been explained to him hundreds of times over the last two three years

its invisible roaring...somehow not visible on charts...not quantifiable in numbers...but still there...mysterious MAGA!...you have to close your eyes and imagine it!...

oh and the rich got tax cuts

Rochard · 05-03-2019, 10:32 AM

Quote:

Originally Posted by Bladewire

When you think the economy is good you give Trump credit

The economy isn't good because of Trump. The economy is good because the day Trump walked into office the economy was good.

pimpmaster9000 · 05-04-2019, 12:30 AM

Quote:

Originally Posted by crucifissio

oh how desperate...the interest rates were MUCH higher for bush and clinton and bush and regan but it never bothered them...now this tiny pissant rate is a problem all of a sudden during "roaring" economy?...suspicious to say the least

Paul Markham · 05-04-2019, 01:30 AM

Quote:

Originally Posted by TheSquealer

And yet, no one knows you and no one has done business with you and you have no clue who most old schoolers in the biz are and continually call well established and well known webmasters "fake nics".

Strange.

And no one here has a clue what or where his sites are.

pimpmaster9000 · 05-05-2019, 01:18 AM

Quote:

Originally Posted by crucifissio

oh how desperate...the interest rates were MUCH higher for bush and clinton and bush and regan but it never bothered them...now this tiny pissant rate is a problem all of a sudden during "roaring" economy?...suspicious to say the least

pimpmaster9000 · 05-05-2019, 01:21 AM

jobs are up 0.2% since obama...this SMASHES EXPECTATIONS!

SMASH!

S-M-A-S-H!

nothing screams SMASH like 0.2%...it is known as "the smash unit!"

SMASH!

not over exaggerating AT ALL!

pimpmaster9000 · 05-05-2019, 04:22 PM

S M A S H! All expectations SMASHED! Nobody could have even imagined a 0.2% gain!

SMASH!

OneHungLo · 05-05-2019, 04:43 PM

Quote:

Originally Posted by crucifissio

S M A S H! All expectations SMASHED! Nobody could have even imagined a 0.2% gain!

SMASH!

Now I'll drag my balls across your face...

It's down almost a whole percentage point since Trump got into office, which is 20% decrease.

bronco67 · 05-05-2019, 07:39 PM

...and that's the trajectory those stats have been on ever since 2009, which BTW was after Obama's first year.

The only thing Trump can get credit for is not fucking it up. The fact that even Trump can't fuck it up is a testament to how strong Obama's momentum is.

and fuck you.

Matt 26z · 05-05-2019, 07:42 PM

Quote:

Originally Posted by Rochard

Thanks Obama.

What do you think Obama did? I can't think of one single thing.

I credit Trump's deregulation and corporate tax cuts.

bronco67 · 05-05-2019, 08:25 PM

Quote:

Originally Posted by Matt 26z

What do you think Obama did? I can't think of one single thing.

I credit Trump's deregulation and corporate tax cuts.

get out the charts. Look at the trend. The whole idea of tracking economic growth didn't just start when Trump became president. That line ascends from the beginning of Obama's presidency and its forward momentum extends through Trump's inauguration. If Trump wants to, he can act like he hit a home run even though he was born on third base where his finances are concerned. But he can't do that with the economy, which is backed up by years of data and something you know nothing about....facts.

Robbie · 05-05-2019, 08:50 PM

Quote:

Originally Posted by Matt 26z

What do you think Obama did? I can't think of one single thing.

I credit Trump's deregulation and corporate tax cuts.

Especially since the first week in office Trump rescinded ALL of Pres. Obama's economic Executive Orders.

The "thanks Obama" people always conveniently "forget" that.

Let me remind them then.
The Republican Congress would not work with President Obama for the final 6 years of his administration. So President Obama had ZERO economic legislation passed for his entire term.

So President Obama famously said: If Congress won't work with him he had "a pen and a phone" and would make Executive Orders.

And that's what he did.

And President Obama didn't have a clue about how the economy works. He was never in the private sector and was just using liberal economic theories.

The result: The worst "recovery" in history as the economy just stagnated.

Trump came in and took all of the horrible economic restrictions that Obama had place on it...and the economy responded.

It's not "coincidence" that everything got really good once Obama was gone and Trump took over.
But you can't convince people who are so full of hate and delusions of that.

pimpmaster9000 · 05-06-2019, 12:17 AM

Quote:

Originally Posted by OneHungLo

Now I'll drag my balls across your face...

It's down almost a whole percentage point since Trump got into office, which is 20% decrease.

sure sure...0.2% is now suddenly 1% and with olympic level mental gymnastics you somehow came up with 20%

yeah thats not desperate at all

its amazing how the unemployment rate fell "20%" according to you but the stock market has done SHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET in the last 17 months....just amazing

booming for sure

Paul Markham · 05-06-2019, 07:05 AM

Quote:

Originally Posted by bronco67

...and that's the trajectory those stats have been on ever since 2009, which BTW was after Obama's first year.

The only thing Trump can get credit for is not fucking it up. The fact that even Trump can't fuck it up is a testament to how strong Obama's momentum is.

and fuck you.

When Trump leaves office all "recovery" records will be attributed to Democrats and all downward slumps attributed to Trump. The other way around for the Republicans.

Economies are far more complex than the leaders can control. The world is a big place and the world economy plays the biggest part.

Getting more manufacturing back to the West will improve the West's economy. But it will be decades before we see an effect. Just like the decades needed to see the effects of Globalisation, Immigration and now Automation.

BaldBastard · 05-06-2019, 07:18 AM

Quote:

Originally Posted by Robbie

Especially since the first week in office Trump rescinded ALL of Pres. Obama's economic Executive Orders.

The "thanks Obama" people always conveniently "forget" that.

Let me remind them then.
The Republican Congress would not work with President Obama for the final 6 years of his administration. So President Obama had ZERO economic legislation passed for his entire term.

So President Obama famously said: If Congress won't work with him he had "a pen and a phone" and would make Executive Orders.

And that's what he did.

And President Obama didn't have a clue about how the economy works. He was never in the private sector and was just using liberal economic theories.

The result: The worst "recovery" in history as the economy just stagnated.

Trump came in and took all of the horrible economic restrictions that Obama had place on it...and the economy responded.

It's not "coincidence" that everything got really good once Obama was gone and Trump took over.
But you can't convince people who are so full of hate and delusions of that.

Trump declared bankruptcy 6 times under Republican rule, then became a billionaire under Obama.

^^

05-03-2019, 06:43 AM	#4
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	its amazing how the economy is through the roof but the charts dont show it...just amazing...dow has not gained 1 single point in the last 17 months but the economy is booming?!? btw. fed rates were lower only for obama...trump has a historically low fed rate even though it was raised 7 times by minute amounts... __________________ Report a suspicious cracker: Click Here

05-03-2019, 06:57 AM	#9
Rochard Jägermeister Test Pilot Industry Role: Join Date: Dec 2001 Location: NORCAL Posts: 73,016	Thanks Obama. __________________ “The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL \| THE BEST ADULT MAILING SOLUTION

05-03-2019, 07:50 AM	#18
DraX Confirmed User Industry Role: Join Date: Oct 2002 Location: In wonderland.. Posts: 7,147	Best unemployment rates since 1969, but Orange Man BAD! __________________ Deposit Today With BTC - Play With Bitcoins

05-03-2019, 08:06 AM	#22
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,093	__________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

05-03-2019, 08:29 AM	#24
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,093	__________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

05-03-2019, 06:35 AM	#2
RedFred Confirmed User Industry Role: Join Date: Feb 2016 Posts: 9,782	Wait, you just said 3 days ago we had the lowest unemployment rate in history. Were you lying?

05-03-2019, 06:52 AM	#7
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,229	Trump said he doesn't trust the jobs report because it can be manipulated. He said that for about two years before he was anointed POTUS by the corrupt Electoral College. Then within a month after Trump took office the jobs report showed the lowest percentage of unemployed in decades. Trump also said the electoral college is corrupted must be abolished.

05-03-2019, 08:37 AM	#25
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	^^ these are the people crying in this thread

05-03-2019, 08:52 AM	#26
TheSquealer BANNED Industry Role: Join Date: Oct 2004 Location: In Your Head Posts: 25,093	__________________ . Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard

05-03-2019, 09:27 AM	#29
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	Oh it's not like Trump admin could be lying is it? __________________ In November, you can vote for America's next president or its first dictator.

05-05-2019, 01:21 AM	#41
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	jobs are up 0.2% since obama...this SMASHES EXPECTATIONS! SMASH! S-M-A-S-H! nothing screams SMASH like 0.2%...it is known as "the smash unit!" SMASH! not over exaggerating AT ALL! __________________ Report a suspicious cracker: Click Here

05-05-2019, 04:22 PM	#42
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	S M A S H! All expectations SMASHED! Nobody could have even imagined a 0.2% gain! SMASH! __________________ Report a suspicious cracker: Click Here

05-05-2019, 07:39 PM	#44
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	...and that's the trajectory those stats have been on ever since 2009, which BTW was after Obama's first year. The only thing Trump can get credit for is not fucking it up. The fact that even Trump can't fuck it up is a testament to how strong Obama's momentum is. and fuck you. __________________