ADP: 298k new jobs in Feb - beat projections by 100k

Started by taxed, March 08, 2017, 11:03:15 AM

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taxed

Look for the MSM to report on the Obama jobs boom...

http://www.dailymail.co.uk/news/article-4293622/Trump-s-month-brings-massive-employment-boom.html

QuoteNew job figures from ADP beat economists' estimates by more than 100,000

Official February numbers will be out on Friday and are expected to lower the unemployment rate to 4.7 per cent

Trump tweeted that January and February 'were the strongest consecutive months for hiring since August and September 2015'

That language came from a similar report compiled by LinkedIn
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Solar

Are they serious about the lie of 4.7? :lol: :lol: :lol:
It's never been that high under Hussein, ever, those figures have always been lies, so it's going to be interesting how they adjust the numbers for Trump.
The fact is, if they continue using the same formula for Trump, his numbers would show more Americans working, than there are employable people. :lol: :lol: :lol:
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Ms.Independence

I'm sure there's got to be some kind of mistake ... these are probably the left over shovel-ready jobs that Bammy had in the works that are just starting to pan out.
When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another...Governments are instituted among Men, deriving their just powers from the consent of the governed...

Solar

Just wait till the floodgates open and business really starts producing. I'm serious when I say the real employment numbers show 10% expansion, it will expose just how fraudulent Hussein's numbers were.

Remember "The New Normal"? That's what they were referring to, poor employment figures, so they needed a new formula, like claiming part time was the "New Fulltime".
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supsalemgr

Quote from: Solar on March 08, 2017, 11:16:43 AM
Are they serious about the lie of 4.7? :lol: :lol: :lol:
It's never been that high under Hussein, ever, those figures have always been lies, so it's going to be interesting how they adjust the numbers for Trump.
The fact is, if they continue using the same formula for Trump, his numbers would show more Americans working, than there are employable people. :lol: :lol: :lol:

It would not be surprising to me if the unemployment rate moves up a little. In my view that would be a positive as it would mean there is more people looking for work. As Solar points out, the moles who put the numbers together for Obama are still in place.
"If you can't run with the big dawgs, stay on the porch!"

zewazir

Quote from: Solar on March 08, 2017, 11:16:43 AM
Are they serious about the lie of 4.7? :lol: :lol: :lol:
It's never been that high under Hussein, ever, those figures have always been lies, so it's going to be interesting how they adjust the numbers for Trump.
The fact is, if they continue using the same formula for Trump, his numbers would show more Americans working, than there are employable people. :lol: :lol: :lol:
Watch for the MSM to start harping on under-employment, discouraged workers, skewed data, and the entire gamut of criticisms of the official unemployment statistics that were so prevalent under Dubya, but disappeared under Obama.

According to the media, the accuracy of government statistics is entirely dependent on which party holds the power. Never mind that both sides use the exact same methodology.

Billy's bayonet

Jobs Don't matter, Trump is employing only Russians.... :popcorn:
Evil operates best when under a disguise

WHEN A CRIME GOES UNPUNISHED THE WORLD IS UNBALANCED

WHEN A WRONG IS UNAVENGED THE HEAVENS LOOK DOWN ON US IN SHAME

IMPEACH BIDEN

Solar

Quote from: supsalemgr on March 08, 2017, 12:17:20 PM
It would not be surprising to me if the unemployment rate moves up a little. In my view that would be a positive as it would mean there is more people looking for work. As Solar points out, the moles who put the numbers together for Obama are still in place.
Yep, If I remember correctly, one of the fudges was how they reported those discouraged, no longer looking for work and wound up on food stamps. They considered them permanently off the employment rolls, essentially dead.
I hope Trump shows just how bad the last 8 years were and just how big of a depression we have gone through.
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topside

Quote from: Solar on March 08, 2017, 12:58:31 PM
Yep, If I remember correctly, one of the fudges was how they reported those discouraged, no longer looking for work and wound up on food stamps. They considered them permanently off the employment rolls, essentially dead.
I hope Trump shows just how bad the last 8 years were and just how big of a depression we have gone through.

I never really put that together until I read that last line of your. What if you saw a time when:

1. Many of the citizens lost much of their investments which were their savings. 
2. Substantial numbers of workers couldn't find work and then got so discouraged that they just stop looking for work.
3. People were losing their homes to banks by the droves.
4. The dollar was substantially diluted.

Wouldn't you call that a depression? That's  what happened in 2008 and the years following. Many lost their savings that were in investments. Many lost their jobs and couldn't find work that would pay their bills. There were so many foreclosures. The QE-Infinity basically created $3.7 Trillion dollars out of thin air - the market didn't account for the dilution yet, but it is a dilution of the dollar no matter how you slant it - I'm still waiting for the other shoe to fall on that front.

The BO and his staff put a positive face on it but the reality is that the Dims took us into a depression and there was little hope of emerging with their policies. Trump is doing the type of things that I believe would pull a country out of a depression. He's got a major hill to climb to overcome BO's spending spree of about $9+ Trillion. 

Now - I'm not an economist. But I'd like to hear from a true conservative economist why this period of time wasn't labeled a real, live depression - beside the fact that BO and his staff didn't want to call it what it was. It certainly has all the markings of a depression. Shouldn't we all be reading about the Great Obama Depression legacy in the press?

Solar

Quote from: topside on March 08, 2017, 05:26:58 PM
I never really put that together until I read that last line of your. What if you saw a time when:

1. Many of the citizens lost much of their investments which were their savings. 
2. Substantial numbers of workers couldn't find work and then got so discouraged that they just stop looking for work.
3. People were losing their homes to banks by the droves.
4. The dollar was substantially diluted.

Wouldn't you call that a depression? That's  what happened in 2008 and the years following. Many lost their savings that were in investments. Many lost their jobs and couldn't find work that would pay their bills. There were so many foreclosures. The QE-Infinity basically created $3.7 Trillion dollars out of thin air - the market didn't account for the dilution yet, but it is a dilution of the dollar no matter how you slant it - I'm still waiting for the other shoe to fall on that front.

The BO and his staff put a positive face on it but the reality is that the Dims took us into a depression and there was little hope of emerging with their policies. Trump is doing the type of things that I believe would pull a country out of a depression. He's got a major hill to climb to overcome BO's spending spree of about $9+ Trillion. 

Now - I'm not an economist. But I'd like to hear from a true conservative economist why this period of time wasn't labeled a real, live depression - beside the fact that BO and his staff didn't want to call it what it was. It certainly has all the markings of a depression. Shouldn't we all be reading about the Great Obama Depression legacy in the press?
The only reason you don't hear about it is because the GOP are equally to blame. They enabled the Marxist, whether it was cosigned Legislation, or helping push through a continuing resolution and raising the debt ceiling, they were right there every step of the way.
To acknowledge doubling the debt to say the effects of a major depression is to admit they just pushed the bill onto the yet to be born.

Why should they, or half the nation care? We'll be dead and gone. I can think of no other reason because it's become blatantly obvious, half the GOP are Marxists and really don't give a shit about this country and really don't care if it collapses, if they did, they would not have saddled the unborn with such choking debt.

Completely slaps in the face of those who died for this country, a nation they fought to preserve, but now we have two leftist party's trying to destroy the country.
Why would anyone not want to preserve the gift God and our Founders gave us, that is, unless you really hate it?
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Cryptic Bert

Quote from: Solar on March 08, 2017, 11:57:16 AM
Just wait till the floodgates open and business really starts producing. I'm serious when I say the real employment numbers show 10% expansion, it will expose just how fraudulent Hussein's numbers were.

Remember "The New Normal"? That's what they were referring to, poor employment figures, so they needed a new formula, like claiming part time was the "New Fulltime".

Poor Greg...

quiller

Quote from: Ms.Independence on March 08, 2017, 11:33:19 AM
I'm sure there's got to be some kind of mistake ... these are probably the left over shovel-ready jobs that Bammy had in the works that are just starting to pan out.

:lol:  Watching the media spin this, you're probably dead-on the money.

walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

taxed

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walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."