Joanna + 68 JT January 4, 2019 he U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing the economy still has plenty of staying power despite growing worries about a slowdown. The surge in hiring was the largest since February. Previously, the economists had forecast a 182,000 increase. 1 Quote Share this post Link to post Share on other sites
JohnAtronis + 78 JA January 4, 2019 but wages are stagnating Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 4, 2019 Remember, unemployment rate is percentage of people on unemployment insurance, not people who don't have a job. That's a different number. Also, I think December has a lot of seasonal jobs Quote Share this post Link to post Share on other sites
Stephen + 67 SM January 4, 2019 4 minutes ago, JohnAtronis said: but wages are stagnating In December, average hourly earnings for all employees on private nonfarm payrolls rose 11 cents to $27.48. Over the year, average hourly earnings have increased by 84 cents, or 3.2 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 9 cents to $23.05 in December.The change in total nonfarm payroll employment for November was revised up from +155,000 to +176,000, and the change for October was revised up from +237,000 to +274,000. With these revisions, employment gains in October and November combined were 58,000 more than previously reported. 1 1 Quote Share this post Link to post Share on other sites
Sefko Trafikant + 35 ST January 4, 2019 2 minutes ago, Meanwhile said: Remember, unemployment rate is percentage of people on unemployment insurance, not people who don't have a job. That's a different number. Also, I think December has a lot of seasonal jobs no increase in full time jobs apparently. Just folks delivering parcels for Amazon 1 Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT January 4, 2019 Just now, Sefko Trafikant said: no increase in full time jobs apparently. Just folks delivering parcels for Amazon All those Santas' 1 Quote Share this post Link to post Share on other sites
李伟王芳 + 77 ZL January 4, 2019 12 minutes ago, Joanna said: he U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing the economy still has plenty of staying power despite growing worries about a slowdown. The surge in hiring was the largest since February. Previously, the economists had forecast a 182,000 increase. This is the reason why the Fed was hiking...the labour market is very tight, which means underlying core inflation is going to go up. 1 Quote Share this post Link to post Share on other sites
Stephen + 67 SM January 4, 2019 1 minute ago, 李伟王芳 said: This is the reason why the Fed was hiking...the labour market is very tight, which means underlying core inflation is going to go up. Another reason to increase interest rates. Quote Share this post Link to post Share on other sites
TXPower + 643 TP January 4, 2019 “You didn’t build that”. More economic statistics Obozo will take credit for. Quote Share this post Link to post Share on other sites
ronwagn + 6,290 January 5, 2019 17 hours ago, JohnAtronis said: but wages are stagnating The opposite is true. 1 Quote Share this post Link to post Share on other sites
ronwagn + 6,290 January 5, 2019 (edited) 17 hours ago, Stephen said: Another reason to increase interest rates. So slow the economy so that people cannot make a better wage? Where is the inflation anyway? It is at a near ideal rate. http://www.in2013dollars.com/inflation-rate-in-2018 Edited January 5, 2019 by ronwagn 1 Quote Share this post Link to post Share on other sites
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