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US job growth slowed in March

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tres borrachos

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Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?

The US economy added 103,000 jobs in March, slower than previous months and well below expectations.

Economists had predicted 185,000 jobs.

Unemployment was 4.1%, remaining at its lowest since 2000.

Wages grew 2.7% from a year ago, in line with expectations.

More here:

US job growth slowed in March
 
I believe there is FINALLY some small bit of realization within the business community that Trump is actually bad for business. When chaos rules & chaos is all you have to offer then that will get people's attention, and that point looks to finally be realized by some. Voter remorse is a bitch ........
 
As they post with breathless anticipation....
 
tres borrachos said:
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?

The US economy added 103,000 jobs in March, slower than previous months and well below expectations.

Economists had predicted 185,000 jobs.

Unemployment was 4.1%, remaining at its lowest since 2000.

Wages grew 2.7% from a year ago, in line with expectations.

More here:

US job growth slowed in March
Click to expand...

Uncertainty over a trade war is bound to put a damper on future job growth.
 
bearpoker said:
Uncertainty over a trade war is bound to put a damper on future job growth.
Click to expand...

These were jobs created in March, before recent talk of a trade war.
 
All things considered we probably should not panic until we see more of a trend in jobs growth, wage growth, etc.

There is too much economic headwind at the moment (like the tariffs and this pending stupid trade war with China) to suggest the tax cuts were a failure. It may take several months for the markets and the economy to take all this in.
 
tres borrachos said:
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?

The US economy added 103,000 jobs in March, slower than previous months and well below expectations.

Economists had predicted 185,000 jobs.

Unemployment was 4.1%, remaining at its lowest since 2000.

Wages grew 2.7% from a year ago, in line with expectations.

More here:

US job growth slowed in March
Click to expand...

More that businesses are staffed at the level they need to be at now. Before Trump business was operating a low, steady level. The 4.1% is high, but with a bottomless supply of illegal labor, I'm surprised it's not higher.

All you on the left can do is hope that earnings don't increase, and they have to lay off workers again. Other than that, you on the left are pretty well stuck with an improving economy. I guess you can run on a "return to the Obama years". But you are almost there. Larry Ellison - head of the DNC - is now out there pimping a guaranteed income, "and it's all paid for by the other guy!" Is this a great country or what?!
 
tres borrachos said:
Where are all the jobs that the corporate tax cuts were going to produce that we were told were imminent and were going to be big and beautiful?

The US economy added 103,000 jobs in March, slower than previous months and well below expectations.

Economists had predicted 185,000 jobs.

Unemployment was 4.1%, remaining at its lowest since 2000.

Wages grew 2.7% from a year ago, in line with expectations.

More here:

US job growth slowed in March
Click to expand...

We only added over 100,000 jobs... But you just keep on trying to crap in everyone's ice cream...
 
Floridafan said:
These were jobs created in March, before recent talk of a trade war.
Click to expand...

I did say future job growth. Job growth has already slowed. If Trump continues with this trade war it will affect future job growth.
 
Praxas said:
As you dodge the facts and try to divert.
Click to expand...

Nothing but another thread in a long parade of DTS hit pieces.

What happened to "Hey. we have a better idea"

YOU DON'T
 
WCH said:
Encouraging economic outlooks bad for Democrats.

Global Economic Prospects

But the Left leaning media and their sycophants keeps posting any bit of negative news it can find.
Click to expand...

Do you recall the 8 years of the Obama administration? Republicans posted every single bit of bad news they could find, and lied about even more.
 
Floridafan said:
Do you recall the 8 years of the Obama administration? Republicans posted every single bit of bad news they could find, and lied about even more.
Click to expand...

Because the economy sucked and job participation rates were way down.

But hey, that was the "new normal"
 
The sugar high from the tax cut didn't last long.
 
WCH said:
Because the economy sucked and job participation rates were way down.

But hey, that was the "new normal"
Click to expand...

The economy sucked so bad that 10's of millions of jobs were created, the stock market boomed, corporations recorded record sales and profits, and housing prices came way back from the Bush housing crash. There were reasons for the job participation numbers, which have been posed many times. I guess they dont jibe with your opinions.
 
chuckiechan said:
More that businesses are staffed at the level they need to be at now. Before Trump business was operating a low, steady level. The 4.1% is high, but with a bottomless supply of illegal labor, I'm surprised it's not higher.

All you on the left can do is hope that earnings don't increase, and they have to lay off workers again. Other than that, you on the left are pretty well stuck with an improving economy. I guess you can run on a "return to the Obama years". But you are almost there. Larry Ellison - head of the DNC - is now out there pimping a guaranteed income, "and it's all paid for by the other guy!" Is this a great country or what?!
Click to expand...


I'm not on the left. That's why I don't support Trump. I don't vote for lifelong Democrats who can't work with the Republican Party, and don't share the views of people who hate the Republican establishment. I've been a Republican since June of 1980.
 
leekohler2 said:
It's April 6th. Are you serious? There were no talks of a trade war in March?
Click to expand...

For March job numbers, the talk of trade war would have to have been in Jan or feb. There wasn't any.
 
OrphanSlug said:
All things considered we probably should not panic until we see more of a trend in jobs growth, wage growth, etc.

There is too much economic headwind at the moment (like the tariffs and this pending stupid trade war with China) to suggest the tax cuts were a failure. It may take several months for the markets and the economy to take all this in.
Click to expand...
While the tax-cut on corporations was sold as a way that will have corporations use thier tax savings to invest in the company and workers, the evidence is (as opponents predicted) that the tax-cuts will mainly be corporate buybacks of stock.

Overall, conservative policies -- such as, tax-cuts for the rich and regulation cuts are not expansionary at all. Putting money in the pockets of workers (and I don't mean the crumbs in this tax cut [see graph below] helps the economy, not putting it in the hands of hedge fund managers.

DZ26bLeX4AAwNcr.png:large


Slashing CAFE standards on cars means that workers need to buy more fuel and undoes our goal of being energy efficient. The same for backpedaling on solar. There are 5-10 times more jobs in solar than coal.
 
OrphanSlug said:
All things considered we probably should not panic until we see more of a trend in jobs growth, wage growth, etc.

There is too much economic headwind at the moment (like the tariffs and this pending stupid trade war with China) to suggest the tax cuts were a failure. It may take several months for the markets and the economy to take all this in.
Click to expand...

I agree. It's far too early to deem them a failure, which is why I didn't. But my question was fair. The tax cuts passed in December. The new jobs are down. That's a reality as opposed to a determination of its impact.
 
WCH said:
Nothing but another thread in a long parade of DTS hit pieces.

What happened to "Hey. we have a better idea"

YOU DON'T
Click to expand...

We had a better idea. It was President Obama, who saved us from the last Republican-induced recession.

Problem is, he can't save us this time.
 
Market is down right now 175 points due to trade wars talk and this weak jobs report.
 
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