Friday, February 02, 2018

US added 200,000 net new positions last month

The result beat the consensus forecast among economists, which predicted an increase of 180,000. Meanwhile, the unemployment rate remained at a 17-year low of 4.1 percent for the fourth month in a row. Perhaps the key element of the report was average hourly earnings which continued to rise. Hourly wages rose 0.3 percent from the prior month to $26.74, putting worker pay up 2.9 percent compared to January of last year, the largest 12-month gain since June 2009.

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Thanks Obama. Thanks Trump. Thanks everyone working hard to bring up the country regardless of their politics.

Comments

Largest gain in hourly wages since 2009.

#1 | Posted by Avigdore at 2018-02-02 12:03 PM

Funny how suddenly the labor participation rate is no longer a signal of these numbers being fake now that a R is in office.

data.bls.gov

#2 | Posted by 726 at 2018-02-02 02:09 PM

88 months straight of jobs gain.

Suddenly Repubes not rushing to these threads to claim the real unemployment rate is 75%.

They're even posting the news now.

I wonder what changed?

#3 | Posted by BruceBanner at 2018-02-02 02:39 PM

congress rips-off most of our money. as the pop increases there will be higher counts in all areas.
plenty of money congress just allows it to be stolen by writing laws that ... DRUG WARS... what else?

#4 | Posted by ichiro at 2018-02-04 03:54 AM

medicine... on and on.

#5 | Posted by ichiro at 2018-02-04 03:54 AM

pollution.

#6 | Posted by ichiro at 2018-02-04 03:55 AM

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