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Thread: U.S. private employers added 169,000 jobs last month, the fewest since January 2014

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    U.S. private employers added 169,000 jobs last month, the fewest since January 2014

    'U.S. private employers added 169,000 jobs last month, the fewest since January 2014 and far below economists' expectations, a report by a payrolls processor showed on Wednesday'

    US private sector created 169,000 jobs in April vs. 200,000 estimate: ADP


    I guess it snowed in April as well.
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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Last edited by DA60; 05-06-15 at 04:40 PM.
    'What kind of sick and twisted toy factory is this?'
    'We are all the sum of our tears. Too little and the ground is not fertile, and nothing can grow there. Too much, the best of us is washed away.'
    "Better to be dead and cool, than alive and uncool."

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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Given the results of 2015 Q1 GDP numbers, it is not surprising to see dips in private employer added jobs and the likely decrease in labor participation rates. We are going to have wait a little to evaluate Q2 and Q3 to see if we are really headed into difficult times or if 2015 Q1 economic indications are temporary.
    "Every time something really bad happens, people cry out for safety, and the government answers by taking rights away from good people." - Penn Jillette.

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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Quote Originally Posted by OrphanSlug View Post
    Given the results of 2015 Q1 GDP numbers, it is not surprising to see dips in private employer added jobs and the likely decrease in labor participation rates. We are going to have wait a little to evaluate Q2 and Q3 to see if we are really headed into difficult times or if 2015 Q1 economic indications are temporary.
    Just a little downward correction and we may be learning we've been in a recession.
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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Quote Originally Posted by jmotivator View Post
    Just a little downward correction and we may be learning we've been in a recession.
    Only if GDP declines for two successive quarters. Granted that 2015 Q1 may end up negative once import / export math is looked at again, but it seems unlikely without a new economic event to see 2015 Q2 turn negative.
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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Quote Originally Posted by OrphanSlug View Post
    Only if GDP declines for two successive quarters. Granted that 2015 Q1 may end up negative once import / export math is looked at again, but it seems unlikely without a new economic event to see 2015 Q2 turn negative.
    My point is that Q1 is already a potential negative with a correction, and if Q1 was negative I have seen nothing to indicate that Q2 is guaranteed to end up positive.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Quote Originally Posted by jmotivator View Post
    My point is that Q1 is already a potential negative with a correction, and if Q1 was negative I have seen nothing to indicate that Q2 is guaranteed to end up positive.
    The only jobs program in the USA is weapons of war. The warmongers entrenched in the septic rose bowl inside the Beltway need to gin up more wars and put profits in the coffers of those important campaign donors like GE, Westinghouse, Haliburton, Academi, BAE, Chevron, Monsanto, John Deere, BP, Exxon/Mobil, or more precisely the "War Profiteers," an American institution, don't ya' know? Gross manipulation of the Financial Markets by major players, and the largest player may be the USA covert gov't, is what has kept the Great Recession from becoming the Great Depression. You can only fiddle faddle the markets so long and then the paper shuffle is interrupted by reality. Do some homework on the Plunge Protection Team and the Exchange Stabilization Fund.

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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    Quote Originally Posted by jmotivator View Post
    My point is that Q1 is already a potential negative with a correction, and if Q1 was negative I have seen nothing to indicate that Q2 is guaranteed to end up positive.
    Last I looked, the Atlanta Fed (who virtually nailed Q1's GDP with their GDP Now) has Q2 estimate at 0.8%...hardly the strong bounce back one would expect if Q1 was primarily 'weather/dock strike related'.

    And if Friday's BLS employment numbers are as relatively bad as ADP's report today, I am guessing that GDP Now number will fall even closer to red for Q2.

    https://www.frbatlanta.org/cqer/researchcq/gdpnow.cfm
    'What kind of sick and twisted toy factory is this?'
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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    The recent job reports are obviously a (slight) concern, but I'm actually fine with the current economy.

    Interest rates & mortgage rates are low along with inflation. Jobs are continuously being added at a slow but steady pace, with no ups & downs. Housing is steadily moving along with steady & calm appreciation, and credit is mildly tight (in a good way) but readily available.

    There's just a slow steady chug-chug it seems, w/o the usual peaks & valleys we often see.

    After the feverish '90's & the disastrous '08/'09/'10, I'm pretty content with the way things are going.
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    Re: U.S. private employers added 169,000 jobs last month, the fewest since January 20

    This is not a surprise to me - the precipitous drop in the price of oil is a strong indicator that world economies are not chugging along as anticipated. Canada is showing a similar weakness in the job market and a lot of our resource based industries are suffering.

    One can hope that as the weather improves, many in North America will get in their cars and go out traveling close to home or far down the road and spend some money.
    A Canadian conservative is one who believes in limited government and that the government should stay out of our wallets and out of our bedrooms.

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