April jobs report tops expectations, unemployment rate falls to 4.4%

[Cellblock2429]

The April jobs report is out and it’s a beat.

In April, the U.S. economy added 211,000 jobs and the unemployment rate fell to a new post-crisis low of 4.4%. This is the lowest unemployment rate since May 2007.

Wages, which are closely tracked by the Federal Reserve, rose 0.3% month-on-month, as expected. The the annual increase in wages, however, disappointed with wages up just 2.5% over the same month last year. Economists had expected a 2.7% increase in wages over the prior year. Weekly hours worked were steady at 34.4.

The U-6 unemployment rate, also known as the underemployment rate, fell to 8.6% after hitting a post-crisis low of 8.9% in March. Last month, Gary Cohn, President Trump’s chief economic advisor, said the administration is focused on the underemployment rate.
April jobs report tops expectations, unemployment rate falls to 4.4%

 

[JakeStarkey]

Thank you, Mr. Obama, for creating the conditions necessary for this growth.

Now if The Donald can get the GDP to grow, life will get better. Step up, The Donald, please step up.

 

[Cellblock2429]

Thank you, Mr. Obama, for creating the conditions necessary for this growth.

Now if The Donald can get the GDP to grow, life will get better. Step up, The Donald, please step up.

/---- So is Obozo also responsible for all the bad things that have happened during the Trump presidency like Libtards claim?
Donald Trump is failing to deliver. Democrats, don't let voters forget it.
What President Donald Trump has done and said in his short time in office is bad enough. But Democrats may find that it is what Trump has failed to do — and is likely to continue to fail to deliver — during his tenure that provides the most powerful case against him.
Donald Trump is failing to deliver. Democrats, don't let voters forget it.

 

[radical right]

The April jobs report is out and it’s a beat.

In April, the U.S. economy added 211,000 jobs and the unemployment rate fell to a new post-crisis low of 4.4%. This is the lowest unemployment rate since May 2007.

Wages, which are closely tracked by the Federal Reserve, rose 0.3% month-on-month, as expected. The the annual increase in wages, however, disappointed with wages up just 2.5% over the same month last year. Economists had expected a 2.7% increase in wages over the prior year. Weekly hours worked were steady at 34.4.

The U-6 unemployment rate, also known as the underemployment rate, fell to 8.6% after hitting a post-crisis low of 8.9% in March. Last month, Gary Cohn, President Trump’s chief economic advisor, said the administration is focused on the underemployment rate.
April jobs report tops expectations, unemployment rate falls to 4.4%

The importance of a lagging indicator is its ability to confirm that a pattern is occurring or about to occur. Unemployment is one of the most popular lagging indicators.

Translation: Thank you Barack Obama.

 

[JakeStarkey]

Thank you, Mr. O.

 

[Eaglewings]

6 months will show what Trump did/does not 4 months

 

[JakeStarkey]

You are confused.

Yes, I know your head hurts.

Thank you, Mr. Obama, for creating the conditions necessary for this growth.

Now if The Donald can get the GDP to grow, life will get better. Step up, The Donald, please step up.

View attachment 124912 /---- So is Obozo also responsible for all the bad things that have happened during the Trump presidency like Libtards claim?
Donald Trump is failing to deliver. Democrats, don't let voters forget it.
What President Donald Trump has done and said in his short time in office is bad enough. But Democrats may find that it is what Trump has failed to do — and is likely to continue to fail to deliver — during his tenure that provides the most powerful case against him.
Donald Trump is failing to deliver. Democrats, don't let voters forget it.

 

[hadit]

It doesn't matter if you want to credit Obama, Trump, or the Republican Congress of the last several years, good economic news benefits Trump.

 

[NightFox]

Translation: Thank you Barack Obama.

Reality: Thank you private enterprise, keep up the good work in spite of everything politicians and bureaucrats do to get in your way.

 

[radical right]

It doesn't matter if you want to credit Obama, Trump, or the Republican Congress of the last several years, good economic news benefits Trump.

Not when it was the work of the previous administration. As is often pointed out, Trump has accomplished virtually nothing in his first 100 days. No legislation, no significant eo's, nothing you could claim stimulated the economy.

 

[radical right]

Translation: Thank you Barack Obama.

Reality: Thank you private enterprise, keep up the good work in spite of everything politicians and bureaucrats do to get in your way.

You mean like General Motors, who would have otherwise gone bankrupt, and taken down the auto parts supply chain with it?

 

[Papageorgio]

It is business that creates jobs, not Presidents. Unemployment is down, more jobs created than expected, the wages are up, thank you to the businessmen and entrepreneurs for stepping up and helping Americans in spite of the two feeble political parties and their BS!

 

[hadit]

It doesn't matter if you want to credit Obama, Trump, or the Republican Congress of the last several years, good economic news benefits Trump.

Not when it was the work of the previous administration. As is often pointed out, Trump has accomplished virtually nothing in his first 100 days. No legislation, no significant eo's, nothing you could claim stimulated the economy.

You are incorrect. The average American doesn't follow politics (ask the average college student who the VP is and be astonished) and quite frankly doesn't really care all that much about who is in office at any given time. They do, however, care a great deal about their economic situation, and when times are good are likely to tell pollsters that the country is moving in the right direction and they approve of what the president is doing. It' just reality.

When the economy is good, a president can get away with a whole heck of a lot more than when it's bad.

 

[radical right]

It is business that creates jobs, not Presidents. Unemployment is down, more jobs created than expected, the wages are up, thank you to the businessmen and entrepreneurs for stepping up and helping Americans in spite of the two feeble political parties and their BS!

Obama set the record for the most and longest continuous months of private sector job grown.in history. Apparently business loved Obama's economic policies.

 

[NightFox]

Translation: Thank you Barack Obama.

Reality: Thank you private enterprise, keep up the good work in spite of everything politicians and bureaucrats do to get in your way.

You mean like General Motors, who would have otherwise gone bankrupt, and taken down the auto parts supply chain with it?

The only General Motors that I'm aware of is the inefficient producer who's still holding resources that would have otherwise gone to more efficient producers hostage thanks to their ability to successfully convince politicians to let them loot the public treasury, I guess it pays to be able to buy friends in low places, huh?

 

[radical right]

They do, however, care a great deal about their economic situation, and when times are good are likely to tell pollsters that the country is moving in the right direction and they approve of what the president is doing. It' just reality.

The economy is humming, and yet Trumps poll numbers are in the toilet.

 

[NYcarbineer]

As Trumpbots try to give Trump credit for this, keep in mind what they were saying just a few days ago,

about the first 100 days. Things like how you couldn't hold it against Trump for not getting things done because he hasn't been in office long enough.

 

[my2¢]

Very good news, especially for singles and young families just starting out. I already got mine, it's good to see a growing economy providing these folks their opportunities to take part in prosperity.

 

[NYcarbineer]

They do, however, care a great deal about their economic situation, and when times are good are likely to tell pollsters that the country is moving in the right direction and they approve of what the president is doing. It' just reality.

The economy is humming, and yet Trumps poll numbers are in the toilet.

Trump is adept at singlehandedly making it very difficult for people to view him favorably.

 

[radical right]

The only General Motors that I'm aware of is the inefficient producer who's still holding resources that would have otherwise gone to more efficient producers hostage thanks to their ability to successfully convince politicians to let them loot the public treasury, I guess it pays to be able to buy friends in low places, huh?

It seems you know nothing about industry. GM would have pulled down the entire automotive supply chain, even Ford, who was in great financial shape applauded the government rescuing their competition, because they knew it would have drug them down, rather than freed up assets that would have helped them.