pinto + 293 PZ November 2, 2018 U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December. The Labor Department’s closely watched monthly employment report on Friday also showed the unemployment rate was steady at a 49-year low of 3.7 percent as 711,000 people entered the labor force, in a sign of confidence in the jobs market. Sustained labor market strength eased fears about the economy’s health following weak housing and business spending data. President Donald Trump cheered the robust jobs report, which came less than a week before the midterm elections that will decide who controls the U.S. Congress. “These are incredible numbers,” Trump tweeted. Nonfarm payrolls increased by 250,000 jobs last month as employment in the leisure and hospitality sector bounced back after being held down by Hurricane Florence, which drenched North and South Carolina in mid-September. Quote Share this post Link to post Share on other sites
rainman + 263 November 2, 2018 Ferrari or island vacation home? Hmmm ... tough choice! Quote Share this post Link to post Share on other sites
Pavel + 384 PP November 2, 2018 10 minutes ago, pinto said: U.S. job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening that could encourage the Federal Reserve to raise interest rates again in December. The Labor Department’s closely watched monthly employment report on Friday also showed the unemployment rate was steady at a 49-year low of 3.7 percent as 711,000 people entered the labor force, in a sign of confidence in the jobs market. Sustained labor market strength eased fears about the economy’s health following weak housing and business spending data. President Donald Trump cheered the robust jobs report, which came less than a week before the midterm elections that will decide who controls the U.S. Congress. “These are incredible numbers,” Trump tweeted. Nonfarm payrolls increased by 250,000 jobs last month as employment in the leisure and hospitality sector bounced back after being held down by Hurricane Florence, which drenched North and South Carolina in mid-September. I'm sure some of these are seasonal but many will be full time due to strong economy. It's a good trend. Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB November 2, 2018 Getting ready for the holidays I see... Quote Share this post Link to post Share on other sites
50 shades of black + 254 November 2, 2018 I found this. This is interesting follow the trend line. Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD November 2, 2018 250k new jobs 3.1% wage growth 3.5% GDP 3.7% unemployment..Good fuel for midterm election.... 1 Quote Share this post Link to post Share on other sites
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