ADP Private Payrolls Surge Beyond May Forecast – 253,000 Jobs Created…

It’s Trumponomics folks, he’s not a politician.  In addition, we are well within the space between the two economies: Wall Street and Main Street.  As each month progresses over the next two years you will see increased momentum on Main Street’s engine as it closes the distance from three decades terrible fiscal policy with clear tracks ahead.

The upcoming FED jobs data will be based on figures captured the week of May 12th.  The ADP jobs/payroll data is through the end of the month of May:

US private payrolls jumped by 253,000 in May, according to the monthly report from ADP Research Institute.   Economists had forecast 180,000 jobs, according to Bloomberg.

Hiring increased in every goods-producing sector including mining and manufacturing, the report showed. In services, only information and leisure and hospitality had declines. (link)

It is important to remember, there is no historic economic model for what happens in the space between the two economic engines.  A resurgence in the actual or real economy (Main Street) creates a new dynamic in economic modeling; while the paper economy (Wall Street), traditionally driven by monetary policy, is disfavored or ‘less than‘.

The FED is almost admitting their inability to slow down growth.  They’ve already reformulated the stasis position for jobs in order to try and reconcile additional jobs gained beyond what they have previously stated was “full employment” ().

Hedgefunds and the global betting on financial instruments (derivatives) will be more challenging to manage as investment dollars find a more predictable return in actual companies that build and create things within the U.S. economy.  Short version, globalists will lose customers as investors move into national economic companies.

The S&P, NASDAQ and DOW should see growth through real companies invested in the United States.  This growth dynamic will support continued their evaluation, but each company must be attached to Main Street USA.

There’s going to be a lag in actual GDP as the growth in jobs appears in the building of the infrastructure for later product creation.  Companies have to create the ability to make stuff (the current phase) before they can actually make and sell stuff (coming later).

Much of the current jobs growth is in putting the foundational blocks into place to rebuild the infrastructure (capacity) for U.S. manufacturing and U.S. production.

The downstream support and supply businesses (small companies) are getting the biggest lift in this economic phase.

Good Stuff, with much more Good Stuff yet to come.

Believe me.

This entry was posted in Big Government, Economy, media bias, President Trump. Bookmark the permalink.

86 Responses to ADP Private Payrolls Surge Beyond May Forecast – 253,000 Jobs Created…

  1. sundance says:

    Liked by 32 people

  2. Midnight Rambler says:

    Let it rip!

    Liked by 3 people

  3. MaineCoon says:

    Splurge of more jobs??!!! I’m forecasting so many new jobs by 2020 we won’t have enough people to fill them! Take your pick. Jobs for the picking!

    Liked by 13 people

  4. calbear84 says:

    And this is REAL economic growth, not ZIRP nonsense.

    Liked by 4 people

    • And when “The FED is … begins to admit their inability to slow down growth,” we will have to find a good way to slow it down naturally to avoid inflation. How to do that? Cut Fed govt spending even more! Hahahaha!
      Soon the fed govt will be the size envisioned by our Founding Parents! Well, I can dream, can’t I?

      Liked by 2 people

  5. sundance says:

    Liked by 39 people

  6. MakeAmericaGreat says:

    Promises delivered.

    And as Sundance said, this is only the beginning.

    If the left can’t bog down Trump is some fake scandal, they have almost no hope of defeating him in 2020. Because the economy is going to be exploding.

    It’s been a long haul, Treepers, but days like today make it all worth it.

    Liked by 17 people

  7. MakeAmericaGreat says:

    Also, Obama is out denouncing Trump’s position on the Paris Accords.

    Not only is Obama mad because Trump is ending Obama’s meager legacy, I think Obama is also upset because he always wanted the “bad” USA to be punished and fall from grace.

    The Paris Accord was exactly the kind of globalist mechanism designed to take down the USA.

    Obama knows that. And he knows that with the USA increasingly unshackled by globalist agreements, Trump’s USA is going to put Obama’s USA to shame.

    About time.

    Liked by 21 people

    • Grace Anne says:

      Obama is looking smaller by the day. He did not need the magic wand. That is obvious now. I love our President and he has given me so much hope. Hope for this country and her potential, hope for my kids and future grand-kid’s future. His courage and optimism for this country is infectious. This country was born to dream big. My heart is so touched and in awe of his willingness to serve this country. Thank you President Trump, from the bottom of my heart.

      Liked by 17 people

      • A.D. Everard says:

        Can you imagine the whole world like this? How great it all could have been already if the globalists hadn’t gotten their hooks and their poison into everything. One thing, though, with such a magnificent return to Greatness the appreciation for it all is so much higher.

        Liked by 6 people

    • Doug says:

      now that the us is out of the paris accords i love the paris accords… it shackles our competitors

      Liked by 3 people

    • pyromancer76 says:

      0’s purpose was to destroy the USA. Nothing less. Thank God he failed. Thank God for President Trump.

      Thank God that the (w)itch had an iron-clad hold on being 0’s successor. If she could not have defeated 0 in the Dem primaries in 2008, she was a born loser. At the same time, the leftists who controlled that Dem organization at that time have done great harm to the U.S. through partnering with Global Elitists/Wall Street throughout 0″s campaigns. (Who put huge amounts of $$$ into 0’s campaigns.) They hoped their knives would strike to the heart — NAFTA, UN, TPP, Paris Climate Accord.

      Never count an American out. And hang on to our hats. As Sundance says, it will be a wild ride. The economics are unknown at this point. That is American ingenuity, creativity, inventiveness, and can-do spirit. Looking forward to all those amazing jobs created by resurgent entrepreneurs in the future — and a Wall to protect us from evil-doers.

      Liked by 3 people

    • Bert Darrell says:

      For a second, I thought you were going to say Trump’s USA is going to put Obama in jail. That’s where traitors belong.

      Liked by 1 person

    • olderwiser21 says:

      About Damn Time!!!!

      Liked by 1 person

  8. Pam says:

    The globalists worst fear is coming true and that is the fact that POTUS is successful. He thinks like a businessman instead of a politician and finds ways to get things done with or without the help of congress. The economy is the #1 issue here. It’s not about Russia or fake scandals. People vote with their pocketbooks. Of course, tell this to the dimwitted dems and they still don’t get it.

    Liked by 16 people

    • A.D. Everard says:

      President Trump is putting every career politician in the world to shame. He shows – so easily and so fast – what CAN be done and what COULD HAVE been done all along.

      I for one am thinking that politicians in charge of ANYTHING is a big fat mistake!

      Liked by 2 people

  9. flova says:

    Today my daughter called me She has worked for a national company for 5 years. Today she called me very excited to have gotten a significant raise! She couldn’t believe it as raises have either been non existent or minimal since she has been there.

    I really believe that businesses, big and small, are feeling the regulation shackles placed on them by Obama are being loosened. It could be a coincidence that this has happened to her but I do not think so.

    Liked by 16 people

    • Sylvia Avery says:

      Per Fox Business Channel, they have been quoting statistics from various economic reports and indicators showing incomes are starting to rise. Finally. Happy for girl, and for any one else out there who is getting a raise. Covfefe!

      Liked by 15 people

      • NewNonna!!! says:

        “Happy for the girl, and for any one else out there who is getting a raise”, Sylvia, yes! And for all those out there finding employment!! Thank You, God!

        I have noticed, it is quite obvious, that commercial property, like strip mall shops, even an ice cream shop, that have been empty, closed, for years since I moved here, 3 years ago, and maybe for longer than that, are now being rented. There is even a large micro brewery being built in town on an empty, run down, defunct Arby’s restaurant site that has been abandoned for a good 5-7 years or so. I mean big money being used to knock it down, back fill the basement and build from scratch this huge brewery!!

        I am very excited to see all this in our little neck of the woods!! And it was ONLY after PDJT took office that I began to see these positive changes to our area. I am hoping this blessing is being duplicated all over our great country, in small towns and large cities.

        MAGA Mr President!!! We are blessed to have you at the helm… I mean, at the controls of this huge Trump train of success in the making for America. Thank you for all you’re doing, for keeping your campaign promises and for loving us Deplorables. We love you, too! 😊

        Liked by 2 people

        • Sylvia Avery says:

          NewNonna, I know what you mean about noticing signs of life again in the home town. It used to be I was shocked every time I left home to see yet another empty storefront. Now they are filling up again and it is so heartening to see this. It is like little signs of spring in our economy!

          Liked by 1 person

  10. Pam says:

    Liked by 15 people

  11. Pam says:

    Liked by 13 people

  12. WSB says:

    Sundance, does this mean the ‘unemployment’ rate will devolve into a negative number, and is President Trump waiting for that to happen so he can say, “It’s complicated business, folks.” And then change the metrics?

    Liked by 3 people

  13. All the right people pissed and getting pister…….. 🙂

    Liked by 9 people

  14. Donna in Oregon says:

    All Obama’s machinations for nothing. Set up for Hillary to take over with his propaganda machine working double time to make our economy look fine. And then Hillary lost.

    Um, looks like there are more unemployed Americans than the crooked Obama government wanted to count.

    Liked by 5 people

  15. Scotty19541 says:

    Today’s protest …. looks like Soros is running out of money!
    https://twitter.com/search?q=%23ParisAgreement
    very small…

    Liked by 3 people

  16. WSB says:

    Should we be shorting solar panels?

    Liked by 3 people

    • The Boss says:

      They were already imploding. That’s why pouty-faced Elon Musk combined his majority-owned Solar City with Tesla. He got Tesla shareholders to bail him out – temporarily. But those who hang on will get burned in the end. Just watch.

      Related…Musk dropping off the president’s advisory panel is no big loss. (SEC, are you ready?)

      Liked by 7 people

  17. chiefillinicake says:

    Wow. Does “Macron” mean micro- penis in French?

    Liked by 1 person

  18. Anne says:

    Meanwhile, some are still agitating around Russia Russia Russia… “March for truth” to be held on June 3rd.

    Like

  19. kathyca says:

    Oh, I believe you! I’m counting on unprecedented economic growth, coupled with the increasingly obvious psychosis of the left and the never-Trumpers, to overcome muh Russia and any other insane drama they can drum up, to ensure 8 years of #MAGA. Money talks. Every day, regular Americans are moving a little farther toward Trump and back to American core values as they see it’s in their own best interest.

    Liked by 9 people

  20. Pam says:

    Liked by 1 person

  21. Paul says:

    The smart companies are giving raises to valued and skilled employees in order to retain them.

    One of the biggest problems we will have in the coming years is finding employees who know how to work and show up every day. We have already seen reports that business owners cannot expand because the cannot find employees.

    And with the reduction in H-1B visas, many skilled employees who were replaced with foreign talent will be able to get back into the workforce, at decent income levels.

    Liked by 8 people

    • Oldschool says:

      Time for parents to kick their “kids” out of the basement and get a JOB!!!

      Liked by 4 people

    • KBR says:

      One of the biggest problems is employers who value poison-ivy-league sheepskins more than experience and hard work.

      Hire a sheepskin, get a pussyhatted prog.

      Hire a hard worker with experience and talent and brains and uncommon common sense, get a winner.

      Liked by 4 people

  22. Gil says:

    I see 1000s of people flocking to careers in skilled trades that can make buku bucks. Remember PDJT had the skilled trade unions at the WH?
    All those womens studies/ethnic degrees will go to the bottom of the trash bin where they belong.
    Schools will have to put money into REAL programs and cut these leftard sjws from the faculty.
    The schools wont be able to resist for too long.

    Liked by 10 people

    • Tegan says:

      And idiot colleges like Evergreen (no grades?), and some of the others that have been taken over by liberal students will go out of existence when the free ride is over.

      Liked by 5 people

      • KBR says:

        When the students cannot get a job at McDonalds with their worthless lib degrees and the poison-ivy-league degree becomes worth less than the paper it is printed upon, then colleges will be forced to change.

        Or businesses will be forced to re-institute ON-THE-JOB-Training and hire the best person instead of the highest-cost-but-worthless-lefty sheepskin.

        Liked by 2 people

    • mw says:

      I was a women’s study major back in the day. It was pretty cool actually. Although one liberal professor began crying when I troubled her with facts. Even when I was a Democrat, I wasn’t a liberal, lol. I knew I was headed to law school so wasn’t worried about a marketable degree. ..

      Like

      • kathyca says:

        Ha! Our background is very similar. Except I took the classes because a lot of them were held in the sitting room of a gorgeous old mansion, and we sat on comfy couches and chairs and had cookies 😀 Oh, and I don’t think I ever made a professor cry. In hindsight, I wish I’d been more confrontational!

        Liked by 2 people

    • Oldschool says:

      Smart move for the young ones.

      Like

    • Kids should forget the “schools,” and learn on the job. How about that – getting paid to learn? That’s how I got my training as a reporter – on the job! It was brutal, but so much fun I didn’t realize how hard I was working.

      My college degree was in business administration – completely useless for journalism, but thank goodness I was never chained to a desk job!

      Like

  23. Also yesterday
    Zinke Signed a Expansive Oil and Gas Energy Order while in Alaska
    https://www.doi.gov/sites/doi.gov/files/uploads/so-3352.pdf

    Liked by 7 people

  24. Bull Durham says:

    Charles Payne on FBN analyses signs of growth in the lower end of the economy, small business and jobs created, expanded and pay rates rising. He’s very bullish.

    This is all on expectations, hope, good vibes. Very little hard dollar impact has come to the middle class, Yes, regulations have been stopped and rolled back. But tax cuts and infrastructure and real big efforts are not even in the pipeline yet. Might not come this year. Yet, belief that POTUS will win these has given small businesses the energy to go ahead and take more risks.

    It’s working.

    The Congress and CoC has been doing everything to hold back 2017 success for “45”.
    If the floodgates opened, legislation got moving, Trump would be an enormous success.

    He loves the People and wants them to succeed and prosper.
    Pray for him. He needs that spiritual fuel and protection.

    We will only as far as we stay united in prayer and visible support to President Trump (even if he isn’t perfect on every issue or appointment. He’s giving it his all, and he’s been brilliant at times.)

    America has always been a land of optimism. Let’s keep it that way.

    (Though I reserve the right to bitch at certain times.)

    Today, was another Trump victory. Good for Americans.

    Liked by 10 people

  25. A2 says:

    The EUamoeboidcrats will come crawling back. BELIEVE ME.
    There are no more pockets left to pick. I think they will be ‘reviewing the situation’.

    Meanwhile our big beautiful pockets will be a source of torment as climate doomsday disappears over the horizon

    Liked by 4 people

  26. GoldenEye says:

    This is fantastic! As someone who’s about to graduate college, the idea I’ll be going into a job market that’s growing is fantastic.

    Liked by 9 people

  27. 6x47 says:

    Remember how under Obama the economic numbers always came out just a little lower than forecast, and then one month later were quietly revised DOWNWARDS? Not so under Trump. They come in higher than expected, and then get revised up.

    Also, I must add that while the “fake Wall St. economy” is global and not solely dependent on “Main Street USA”, much of the boom it experienced is the benefits accrued from from the Keynesian stimulus measures designed to re-inflate the bubble economy.

    Like

  28. Can someone help me out with the jobs numbers? There are different sources and seem to be different categories that throw me off. On top of that, there always seem to be revisions. On top of that, there’s always obfuscation from whatever establishment body is doing the rendering.

    Does this ADP number count different jobs than the one the DOL put out today? http://www.cnbc.com/2017/06/02/nonfarm-payrolls-may-2017.html

    Thanks in advance.

    Liked by 1 person

    • WSB says:

      I am so glad you asked this question. I am confused about new jobs created and the ADP payroll data. Came right over here to make sense out of the Varney gloom and doom this morning.

      “The upcoming FED jobs data will be based on figures captured the week of May 12th. The ADP jobs/payroll data is through the end of the month of May:”

      “US private payrolls jumped by 253,000 in May, according to the monthly report from ADP Research Institute. Economists had forecast 180,000 jobs, according to Bloomberg.”

      It also looks like the unemployment rate dropped but that may be because they still count part time jobs along with full time positions.

      Like

      • THANK YOU! Although, it’s still confusing as hell. I wonder if this is still more of what Sundance talks about as the divide between Wall Street vs Main Street and how traditional economic indicators won’t really reflect the reality on the ground.

        Liked by 2 people

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