SuperMAGAnomic Winning – May Jobs Report Adds 223,000 – Unemployment Rate 3.8%

The Bureau of Labor Statistics released the May Jobs Report earlier today (pdf here) and has stunned forecasters and economic analysts with incredible results.  Over 223,000 jobs were created in May, and the unemployment rate drops to 3.8%.

As the New York Times is forced to admit, there are not enough words to describe just how good these results are amid the continued growth of the U.S. economy. Accepting the BLS heavily manipulated jobs numbers during the Obama years, the BLS is forced to attempt to reconcile the scale of monthly job gains (223k) and an unemployment rate that has seemingly dropped below the floor of reasonable possibility.  As a result 3.8% is the lowest unemployment rate since April 2000; and if the unemployment rate drops another 0.1% it will be the lowest unemployment number since the 1960s.

Average monthly employment growth in 2018 now averages a whopping 207,000 jobs per month.  These monthly average gains are faster than gains in both 2016 and 2017.  Collectively, the U.S. economy has added nearly 3 million jobs since President Donald J. Trump took office.

White House:  “Job growth has been strong across the board during the first 16 months of this Administration, and the gains in the goods-producing industries (manufacturing, construction, and mining and logging) have been especially robust. After averaging gains of 27,000 jobs per month during President Obama’s second term, these industries have almost doubled the pace of hiring to 46,000 jobs per month since January 2017. Manufacturing gains have picked up even more speed: Monthly gains have averaged 19,000 per month since President Trump took office after increases of only 8,000 per month, on average, during the second term of President Obama.

Increases in manufacturing employment since January 2017 reflect increased confidence among America’s manufacturers, but they also reflect changes in the investment decisions of other American businesses. The Morgan Stanley measure of capital expenditure investment plans shows that these plans are at historically high levels, in part due to the incentives emerging from the Tax Cuts and Jobs Act. According to the second estimate of Q1 real GDP released earlier this week, real business fixed investment grew 9.2 percent at an annual rate during Q1, with strong growth in structures, equipment, and intellectual property investment.  (more)

Total nonfarm payroll employment increased by 223,000 in May, compared with an average monthly gain of 191,000 over the prior 12 months. Over the month, employment continued to trend up in several industries, including retail trade, health care, and construction:

♦In May, retail trade added 31,000 jobs, with gains occurring in general merchandise stores (+13,000) and in building material and garden supply stores (+6,000). Over the year, retail trade has added 125,000 jobs.

♦Employment in health care rose by 29,000 in May, about in line with the average monthly gain over the prior 12 months. Ambulatory health care services added 18,000 jobs over the month, and employment in hospitals continued to trend up (+6,000).

♦Employment in construction continued on an upward trend in May (+25,000) and has risen by 286,000 over the past 12 months. Within the industry, nonresidential specialty trade contractors added 15,000 jobs over the month.

♦Employment in professional and technical services continued to trend up in May (+23,000) and has risen by 206,000 over the year.

♦Transportation and warehousing added 19,000 jobs over the month and 156,000 over the year. In May, job gains occurred in warehousing and storage (+7,000) and in couriers and messengers (+5,000).

♦Manufacturing employment continued to expand over the month (+18,000). Durable goods accounted for most of the change, including an increase of 6,000 jobs in machinery. Manufacturing employment has risen by 259,000 over the year, with about three-fourths of the growth in durable goods industries.

♦Mining added 6,000 jobs in May. Since a recent low point in October 2016, employment in mining has grown by 91,000, with support activities for mining accounting for nearly all of the increase.

The economic engine is firing with seemingly unstoppable momentum. Today started off with a payrolls report showing a gain of 223,000, well above market expectations of 188,000 – and with the unemployment rate hitting an 18-year low of 3.8 percent, things only look better.

The ISM Manufacturing Index registered a 58.7 reading — representing the percentage of businesses that report expanding conditions — that also topped Wall Street estimates. Finally, the construction spending report showed a monthly gain of 1.8 percent, a full point higher than expectations.  This data is helping to fuel expectations the GDP growth in the 2nd, 3rd, and 4th quarter will defy all expectations.

CNBC – Already, the Atlanta Fed’s GDPNow tracker sees the second quarter rising by 4.8 percent. […] Andrew Hunter, U.S. economist at Capital Economics, said the ISM number alone is consistent with GDP growth of better than 4 percent, though he thinks the second quarter will be in the 3 percent to 3.5 percent range. (link)

The pundits are gobsmacked:

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This entry was posted in Donald Trump, Economy, Election 2018, energy, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

203 Responses to SuperMAGAnomic Winning – May Jobs Report Adds 223,000 – Unemployment Rate 3.8%

    • He mainly uses common sense policy. Which, shockingly, requires great political courage to advocate. His predecessors could have done this, but none of them had the mentality or will, not since Reagan. Assuming they were even trying, which readers of this page know they were not. If they are remembered as fools, it will be too kind.

      Liked by 38 people

    • Konamon says:

      I do not care what he said. I am not tired of winning.

      Liked by 7 people

    • fleporeblog says:

      So much winning that I had my longest thread ever! It is beyond breathtaking.

      Here is one piece that has me smiling BIGLY today! Look at the graph (green line) from May 1st to today. 2nd Quarter real GDP hasn’t dropped below 3.7 % for an entire month!

      Liked by 13 people

      • Mncpo(ret) says:

        I still cannot wrap my head around this, maybe there is to much winning! Common sense business tactics with hard-nosed negotiating. Just Awesome Outcome. To think anything around 5% GDP two years ago was unicorn stuff. VSG blows me away.

        Liked by 11 people

        • fleporeblog says:

          What is absolutely MORTIFYING for all his haters; RINOs, Democrats, Globalist, CoC, Leftist, MSM, BHO’s Admiration etc. is that he is setting up a major WIN WIN scenario as we speak.

          The threat of the 232 Tariffs on cars, trucks and parts is gong to cause one of two scenarios to play itself out.

          Scenario 1) China, Canada, Mexico, EU and Japan get deals done IMMEDIATELY!

          Or

          Scenario 2) Automobile Corporations start expanding factories and/or start building massive new factories throughout the USA 🇺🇸 knowing our President will slap 25% tariffs on all cars, trucks and parts imported into our country. You will see announcements starting in mid to late July in order to be prepared to not have to deal with tariffs.

          A year or two from now you will see real GDP coming in at 7% to 8% each Quarter! I am not exaggerating!

          Liked by 14 people

      • Perot Conservative says:

        #MagicWand

        Liked by 6 people

        • GB Bari says:

          Yep. “Magic Wand” in Obama-ese translates to “using economic wisdom and critical thinking driven by experience” in normal English (which PDJT speaks).

          Liked by 7 people

          • Exactly. It’s not magic. There is no magic wand. I don’t want anyone to think this is something that requires an ethereal ingredient. It is hard work, decades of experience and extreme smarts that is enacting an America First agenda. This is what happens when the objective really is to bring jobs here and to have fair trade deals.

            Liked by 3 people

          • Robert Smith says:

            I think it actually is Black Magic to Obama. He doesn’t understand AND his goal anyway was to redistribute the economic pie.

            Liked by 2 people

      • fleporeblog says:

        The CNBC article decided to try and slap down the Atlanta Federal Reserve GDP NOW which is currently protecting real GDP at 4.8% by stating the following in the article above:

        Already, the Atlanta Fed’s GDPNow tracker sees the second quarter rising by 4.8 percent. While the measure also was strongly optimistic on the first quarter as well, at one point estimating 5.4 percent growth, other gauges are positive as well. CNBC’s Rapid Update, for instance, puts the April-to-June period at 3.6 percent.

        The MORONS don’t realize that I track the Atlanta Federal Reserve. They are correct that the 1st projection came out at 5.4% for the 1st Quarter. What they omitted was the fact that their last projection had the 1st Quarter coming in at 2.0% real GDP.

        After the 2nd revision the other day, the 1st Quarter is sitting at 2.2%. We have one last revision on June 28th but I would say they are pretty damn accurate!

        5% here we come!

        Liked by 6 people

      • Reloader says:

        I saw that another person commented there that “we will reach 7% before Trump is finished ” … And wouldn’t that be a GDP similar to what China has had for several years? I suspect that this won’t be the case any longer:

        U.S. GDP Up … China GDP down. And then … 500 Million Chinese REVOLT! That is the worst nightmare of the Chinese gov’t.

        Liked by 8 people

      • excellent compilation. thanks! I see you have some ‘heavy hitters’ of the Trump Twitter-sphere following your feed. Great!

        Liked by 1 person

      • bkrg2 says:

        nice thread flep! what a great dose of positive news. thank you.
        I love your optimism. Honestly thought you were crazy talking 7-8% GDP, but I now think its possible, if not inevitable!
        I can’t wait to see what happens when Obozo’s manipulated unemployment measure starts showing 0% unemployment. How are the idiots in MSM gonna spin that against Trump???

        Liked by 4 people

    • brh82 says:

      Sundance, God Bless you for choosing the PERFECT graphics for EVERY article you write!!!! It’s the first of the month, time for everyone to hit the Donate button because wouldn’t you rather almost be without electricity than be without Sundance?

      Liked by 8 people

    • softunderbelly says:

      Where has this MFer been all my life? I mean. he’s doing this and other things (like Korea) all the while having to battle the CIA, NSA, FBI, DoJ, Immigration, Pelosi, McConnell, Ryan and the media!
      Just like in the primaries where he took on 16 of the “best” politicians single handedly and beat their asses! Just WOW!

      Liked by 11 people

      • 🤫🤫🤫
        No one’s noticed yet.

        Liked by 1 person

      • Robert Smith says:

        Trump is the OctoPotus – able to have 8 balls in the air at a time.

        Liked by 2 people

      • I just watched his interview with the press after the North Korean meeting at the White House. Fascinating man, but I maintain that it is his courage that makes him a success. I’m sure he’s a genius in some way or other, but it is his conviction that surpasses other politicians who care what others think about them. Trump doesn’t need to be appreciated. Like Thatcher and Reagan, he is a leader and very willing to accept criticism. He appears, to those of us that admire him, to be a genuine person at ease both with his self and his position. He truly makes the job look easy in comparison to the previous four nit-wits that held that office. I believed no one could be dumber than “W”, until Obama…and I truly thought Reagan would be the last great President of my lifetime.

        Liked by 1 person

    • formerdem says:

      This incidentally puts the lie to the story that African Americans weren’t employed because they were not looking or were too demanding Obviously when the jobs opened up the workers were ready and waiting and lined up with their applications, trying again for the zillionth time – and in PDJT time, now the door opened. Down with the Democrats for having failed them. Yay for VSG PDJT!!!!!!

      Liked by 4 people

    • dallasdan says:

      The President is KILLING his critics with the booming success of the economy under his leadership. These statistics will have a significantly measurable and positive impact on the midterm elections, IMO.

      Liked by 2 people

  1. mrtomsr says:

    I would like to see job growth (loss) numbers continuous from say the 1930s to present using the same metrics all on one graph. I love that we are currently kicking butt from the previous administration now. Very good for this Country.

    Like

    • Cyber says:

      In a few more months unemployment will reach negative numbers and they will magically change the formula again.

      Liked by 1 person

      • KimmyK says:

        I sure hope so. My husband just got laid off again today due to lack of work as a automotive designer. He was a Design Leader then Supervisor with almost 20 years experience but was laid off from that job right before he was eligible for his pension and health care benefits.

        He had one company he talked to a while back, which sounded super promising with his experience etc, then when they asked what year he graduated he was immediately routed to a recorded message which said…”You have now been placed on our do not call list!”

        Ageism is a real challenge these days, which I wonder if it has anything to do with health care…

        Too young to retire and too old for a lot of companies to consider it seems.

        Prayers much appreciated!

        Liked by 8 people

        • nikkichico7 says:

          Heavenly Father,
          We praise your love and your goodness.

          We lift up Kimmy K’s husband and ask that you would direct his steps to a job that would bless him.
          We pray that you would protect him from discouragement and that you would bring him new excitement about the future plans that you have for him.
          Thank you for opening his door of opportunity.
          May he draw closer to you during this time and may he desire to stay close to you. In Jesus name amen

          (I searched for a good, good prayer Kimmie … I hope and pray for your husbands success … God bless you both abundantly 🌹)

          Numbers 6:24-26 New King James Version (NKJV)
          24 “The Lord bless you and keep you;
          25 The Lord make His face shine upon you,
          And be gracious to you;
          26 The Lord lift up His countenance upon you,
          And give you peace.” ’

          Glory to God
          24 Now to Him who is able to keep you from stumbling,
          And to present you faultless
          Before the presence of His glory with exceeding joy,
          25 To God our Savior,
          Who alone is wise,
          Be glory and majesty,
          Dominion and power,
          Both now and forever.
          Amen.

          🌹

          Liked by 7 people

    • I just finished reviewing different metrics 5 minutes ago.

      Labor Participation Rate seems most useful, if we consider other metrics for perspective:

      • Numerator: Employed persons (Current Population Survey) = Persons 16 years and over in the civilian noninstitutional population who, during the reference week, (a) did any work at all (at least 1 hour) as paid employees; worked in their own business, profession, or on their own farm, or worked 15 hours or more as unpaid workers in an enterprise operated by a member of the family; and (b) all those who were not working but who had jobs or businesses from which they were temporarily absent because of vacation, illness, bad weather, childcare problems, maternity or paternity leave, labor-management dispute, job training, or other family or personal reasons, whether or not they were paid for the time off or were seeking other jobs. Each employed person is counted only once, even if he or she holds more than one job. Excluded are persons whose only activity consisted of work around their own house (painting, repairing, or own home housework) or volunteer work for religious, charitable, and other organizations.

      • BUT the numerator fails to account for the ECONOMIC LOSSES from massive shift to PART-TIME workers during the Obama Administration OR the ECONOMIC GAINS in the follow-on transition back to FULL-TIME workers under President Trump
      • AND it’s unclear if ILLEGAL/MIGRANT/VISA workers are included in the numerator

      • FURTHERMORE the metric fails to recognize that the “over-16” denominator is naturally GROWING due to the number and longevity of Baby Boomers moving past retirement age, while LOW birth rates (thanks to abortions) shrink the number of “capable workers” that will be needed to support our aging population.

      https://data.bls.gov/timeseries/LNS11300000

      Like

  2. ForGodandCountry says:

    (Props to TreehouseRon who originally posted this in the main thread)

    Liked by 25 people

  3. Ed Lester says:

    Thought I’d bette check to see if I was tired of winning yet. Guess what? NOPE!!!

    Liked by 9 people

  4. free73735 says:

    Wow! More winning! Also aw that Black unemployment is at its lowest ever! Great job our P Trump & team are doing.

    Liked by 9 people

  5. Michaela says:

    I wanted that damn IG report, but this has me smiling big time!!!!!

    Liked by 4 people

    • Jake says:

      Got thinking that maybe they held the OIG report back a week since the job numbers were so good. Needs to pump up the crowd about the economy for a while then let the hammer drop with the OIG report. Keeps the press on their toes…

      Liked by 2 people

  6. deepdivemaga says:

    This President continues to blow my mind each and every day. The fact that he is getting REAL results on every single political, economic, and security front is absolutely INCREDIBLE. Best President EVER.

    Liked by 14 people

    • Mncpo(ret) says:

      I honestly think that people who have given up years ago will start to get this upbeat, MAGA, feeling and want to get off the couch just to be part of it! It’s an infectious, good feeling, “let’s ALL go to work” and make our country great. It may even become embarrassing again to live on the “dole” when healthy. Go figure! :)))))

      Liked by 1 person

    • Jake says:

      I’m having a hard time watching any pundits anymore. They’ve been wrong on the economy, Korea, Middle East etc. Now they are pooh poohing his tariff moves and giving their views on how he’s doing it all wrong. I can’t watch it any more. He’s going to kick their asses again and they’ll get that gobsmacked look on their faces. CTH and other trusted sites are the only places to go for real insights and information.

      Liked by 4 people

  7. Landslide says:

    I have tears in my eyes. I am so overwhelmed at what one person can do. Let me correct that: I am overwhelmed at what God’s ultimate plan for Donald Trump was/is. Incredibly thankful. I am so blessed to be alive to witness this. And when I get past these tears, I just may get up and do a happy dance around the house!!👍🏻🇺🇸👍🏻🇺🇸👍🏻🇺🇸👍🏻🇺🇸

    Liked by 13 people

  8. Konamon says:

    Suddenly…It worked. Lefdopians have simultainious seizures.

    Like

  9. FL_GUY says:

    Yet, Kosikoff’s Syndrome San Fan Nan was out today saying this latest job report is bad for the Middle Class?????

    Talk about projection. Everything the D-Rats have done has been to destroy the Middle Class. A vote for ANY D-Rat is a vote for poverty and deprivation of basic needs. Back during the ’08 election, there was a local lefty who was trying to warn people that Obama wanted to put everyone back in mud huts. He was right as we found out. HilLIARy would have finished the process.

    Liked by 11 people

  10. Maquis says:

    The Expansion that Obama didn’t build.

    Liked by 6 people

  11. Li'l D in the Big D says:

    “I’ll be the greatest jobs president that God ever created.”
    The Big Guy at his Towers Mar 30, 2016

    ‘Nuff said?

    Liked by 14 people

  12. Rami says:

    Love it! Now, we need those people that gave up looking for jobs years ago to get up off the sofa and join the work force. They will be needed as steel/aluminum and auto manufacturing comes roaring back!
    Of course, when the IG report comes out, there may be a few openings at the FBI and the DOJ. 😉

    Liked by 3 people

  13. waltherppk says:

    Liked by 13 people

  14. waltherppk says:

    Liked by 4 people

  15. rmramerica says:

    Just for everyone’s information. This is a U3 number. It’s good, but a garbage indicator. Watch U6, that’s the one traders will watch. I like to follow the spread between U3 and U6. The more it narrows the better it’s getting. The inside numbers in this report are very encouraging. The 2018 2nd Qt. should be in the 4’s for GDP (think the high and low for this year is in). Next year 2019 is the year all of this should really start to kick in. Think we could see a Qt. that touches 6, certainly a Qt. in the 5’s during 2019. The longer the Dow stays in this range of 23,500 to 25,800 the higher the market will ultimately move when it goes. Expect 30,000 by late 2019 or 2020 or much higher if….if….the right sequence of events occurs.

    Liked by 2 people

    • Perot Conservative says:

      But … but… Liberal prognosticators and intellectuals said we were a mature economy, and 1.6% GDP growth was the new norm!?!?

      Liked by 2 people

    • thesavvyinvester says:

      ” Expect 30,000 by late 2019 or 2020 or much higher if….if….the right sequence of events occurs.”

      Not investment advice, but I am beginning to think I am not crazy. I did a back of the envelope Clinton @ and average of 3.78% GDP with a 225% DOW increase vs what our VSGPDJT might do in the 5’s or 6% range ( I don’t think 8% is out of the question ) . I come up with something between a DOW of 40,000 to 75,000. If you get rid of Obamacare ( 1% GDP ) Dodd Frank ( another 1% ) and the Fracking Revolution not even kicking in yet with the large LNG terminals not up and running yet. Just think where we will be. That is even factoring in the repatriation of $ and the lower Corp Tax rate which have been with us what 6 months now.

      Liked by 2 people

    • LBB says:

      Around Oct 2016 I was given (vision) 3 markers. Against my better judgement because we will retire in a few years, I moved all our funds into more aggressive main street areas. The first marker was 24k. At the time , the market was around 18k and I was not expecting to see so quickly. I started writing around Sept last year about 24K by the end of year. (not 23k or 25K). I was glad to see the market pull back & start smoothing out as we switch to MAGA economy. The second marker is 28k , which I personally would like going into 2020. The third marker is over 30k (will reveal when the time comes) and I would love to know PDJT will be re-elected in conjunction with this. I have had confidence during the various flecuations . I was wondering why I was compelled to write on how odd there was no volatility and then the switch happened. Healthier.

      Liked by 1 person

  16. RJ says:

    I see it everyday on the PA turnpike. Heavy trucks moving dozers, drilling equipment, and 18- wheelers moving freight. People are working hard and making money! MAGA!

    Liked by 7 people

  17. Li'l D in the Big D says:

    I dare them to talk impeachment!
    I dare them to talk obstruction of justice.
    I dare Mueller to subpoena POTUS Trump.
    I dare them all!

    No, not THIS President. Not going to happen.

    Liked by 6 people

    • wheatietoo says:

      The Dem-enemedia will be working hard to ‘not report’ on all this good news…but people will see it.

      This will help to show how much the propaganda nozzles are lying to them.

      Liked by 6 people

      • highdezertgator says:

        “”you don’t need a weatherman to know which way the wind blows” Subterranean Homesick Blues Bob Dylan (actual reference to radical SDS weathermen)

        Liked by 1 person

    • Don’t underestimate Mueller.

      Like

      • Li'l D in the Big D says:

        I don’t. Frankly, I think it would be fascinating to witness.

        Like

      • ForGodandCountry says:

        Ridiculous.

        He’s got nothing. He’s had nothing. And he hasn’t touched a hair on PDJT’s head. And he won’t, either.

        If anything, it’s Mueller who has something to fear (See: Flynn and forced recusal of Judge Contreras

        Liked by 3 people

      • formerdem says:

        I sort of agree with you. Mueller is only trying to destroy, and that is way easier. He can’t build and create and encourage, he is not the equal of PDJT, but he has assigned himself an easier task, just find a weakness and shoot poison in.

        Like

  18. wheatietoo says:

    These jobs numbers are great.
    And these are mostly all private sector Jobs, not govt jobs.

    Just think what they will be when we exit NAFTA!
    The jobs numbers could conceivably double…or even triple.

    When the Unemployment Rate goes down even further, then it will be a good time to start cutting the federal payroll.
    There will be private sector jobs available for laid-off govt workers.
    We don’t need all those bureaucrats.

    The O-administration added a lot of federal jobs…and counted them in their ‘jobs created’ numbers.
    But govt jobs are Revenue Negative, since those jobs require tax dollars to exist.
    And the taxes that are withheld are just recycled tax dollars.

    Cutting the federal payroll + New private sector jobs = Increase in Treasury coffers.
    This is how we start paying down that national debt.

    Liked by 11 people

  19. Stringy theory says:

    Fantastic!! Thank you President Trump and your great team.

    Liked by 2 people

  20. waltherppk says:

    Liked by 5 people

  21. MsB says:

    This man, our President, knows what he is doing!!! God Bless President Trump!

    Liked by 2 people

  22. Look for rapidly escalating employment gains in the Steel, Aluminum and Fabrication segments:
    • Tax Cuts and First-Year Capital Expenditure writeoffs have surged Capacity Investments
    • Steel and Aluminum Tariffs on Canada, Mexico and the EU are adding Shifts and accelerating Construction
    • Pundits ignorantly ask why not include China: It’s because the remedy is soon-to-be-imposed COUNTERVAILING DUTIES … that offset China’s SUBSIDIZATION of Steel and Aluminum exports.

    Liked by 2 people

  23. free73735 says:

    Having issue with CTH, suddenly. Knowing Sundance & team benefit from advertisements, I switch browsers to Chrome when I go there. But, chrome gets attacked with adware that covers the screen on my phone. So, I switched to my ad blocker browser, & things are operating good again (no adware issues). Also, emails ceased from CTH about the middle of last week. Went in to check things out & saw the follow button & email button unchecked. Yesterday I re-established both. However, today the email was undone again. Am I creating a problem by asking for email to be sent? If so please let me know please, & will stop requesting them. Also, how do I go about getting the CTH app again? I have an android phone & checked Google’s Play Store & it isn’t in there. Thanks a bunch, for any assistance.

    Like

    • ristvan says:

      You do realize that with Chrome browser and Android phone, you are supporting the formerly ‘do no evil’ now ‘former slogan removed’ evil empire? And wonder why you are having problems with CTH?

      Liked by 1 person

      • highdezertgator says:

        Android has 86% and Apple IOS 14% market share…. find a phone without either!!!

        Like

      • free73735 says:

        Thanks for your comment. This surprised me because I have used both chrome & android phones of 1 kind or the other for the last 16 yrs, with very few problems. However, I also realize in these current times, “change” is the only constant.

        Like

    • icndark says:

      You appear to be your own worst enemy. No insult intended.

      Like

      • icndark says:

        The intent of my reply was that perhaps, you check too many boxes and rely too much on automated(read googleverse) systems for your personal effort. Use the buttons God gave you, and quit relying on some automated crap system to keep you informed. And, God forbid, find an alternative to phone surfing. Jus’ say’n.

        Like

      • free73735 says:

        This can sometimes true for most of us. 😉 Remaining one is another issue….

        Like

    • dallasdan says:

      FYI, clicking the “unsubscribe” link on most nefarious web sites validates that your email is active, and it is then sold to advertising spammers, charitable and political fund raisers, and anyone else who will pay for it.

      Like

  24. Pam says:

    Did anyone else notice on twitter the whining from Dems (i.e. Pelosi) about this report. They are not happy. Of course dems with TDS still think this is thanks to Obama. LOL

    Winning! 😀

    Liked by 1 person

  25. KBR says:

    All those “expert economists” that screamed and ranted that none of President Trump’s ideas would ever possibly work citing study after study and PoisonIvy League after PoisonIvy League professors to “prove” that President Trump knew NOTHING about the economy…

    I want to see them now. I want to see their faces. I want to hear their backtracking or apologies.

    And I WANT THEM FIRED!

    Liked by 1 person

  26. Patriot1783 says:

    Winning!!

    Liked by 2 people

  27. Steve in Lewes says:

    With more people working, and the prospects of many more yet to come, I would expect to see social issues start to improve. E.g. more people with jobs = less crime. And perhaps all the socialist college snowflakes will start to see that Capitalism is King, socialism is for losers!!

    Liked by 2 people

  28. Questions:

    Why are we NOT hearing of the knock-on effects of our Steel & Aluminum Tariffs?
    • As Argentina, Australia, Brazil and South Korea agree to new quotas aligned with their domestic production …
    • China’s massive and now-increased excess capacity (without the back-door access to U.S. markets through NAFTA) will be chasing EU markets with BIG PRICE CUTS …
    • Forcing the EU to accept cheaper imports from China (shutting down EU production) OR …
    • Forcing the EU to impose tariffs and quotas on imports from China …
    • Forcing China to idle YUGE excess production and workers …
    • Triggering the EU’s OWN TRADE WAR with China.
    • Congratulations, Globalists and Thanks to China – TRUMP WINS.

    Why are we NOT hearing of the calamitous impact of our Steel & Aluminum Trading Opponents’ counter-tariffs on selected products?
    • Would Americans simply be shifting exports to other destination countries?
    • Only to have the Trading Opponents import the same from more expensive sources?

    Like

    • WSB says:

      Well, I can only tell you my recent experience.

      My one client just signed an order yesterday, having custom extruded aluminum stack chairs fabricated by a Virginia metal factory that has never designed a stack chair in their line before.

      Their simplified chair came in at $229 in 10 weeks. The original Chinese version, which was a bit more complex, was $199 at 16 weeks. But the welds were horrific, the craftsmanship looked rushed, and the chair only came with low wear-ability rubber caps on the feet, not adjustable glides, etc., etc.

      Nuff said. Now, at least the Virginia factory can start a custom stack chair program to their portfolio. And the chairs will be trucked up north ASAP.

      Liked by 3 people

    • Texian says:

      Historic times..

      A “pole shift” – a realignment is occurring.. New friends are rising.. Argentina, Australia, Brazil and South Korea, who are positioning themselves early with the United States in the new economic paradigm..

      And old friends are becoming liabilities.. Europe, UK, Canada, and Mexico.. It is time to cut the cord, enact the tariffs.. Reduce our military bases there – why protect our enemies.. Move the bases to countries more aligned with fair trade and have similar values, like Poland for example.. They need protection in order to decouple from a threatening and rapidly devolving oppressive socialist EU.

      Liked by 3 people

  29. Y2K says:

    Great numbers but let’s not forget that Obama changed how the calculation is done. He stopped counting people who gave up on looking for work as unemployed. That naturally made his unemployment numbers artificially lower.

    So, are we back to counting all people out of work as unemployed or are we still using the Obama method?

    If the later then comparing original method calculated numbers to now will be of little value.

    This doesn’t diminish in any way what POTUS is accomplishing every day.

    We just need to understand what we are looking at.

    Liked by 3 people

    • wheatietoo says:

      Yes, I had wondered about that too.

      I suspect that they are still using the O-regime’s method of figuring the unemployment numbers.
      And why not?
      What’s good for the goose is good for the gander.
      Heheh.

      And what is the enemedia going to say?
      Are they going to admit that O-administration was cooking the numbers to hide how many people were unemployed?

      I think that Pres Trump will probably insist, in his second term, that we return to the original method of calculating the unemployment numbers.
      Maybe even sooner…to counter the cries for “more immigrants”.

      Liked by 1 person

      • svenwg says:

        What is going to be extremely funny is when the unemployment rate, calculated the Obozzo way, reaches 0%. I am still attempting to think 💭 of how they are going to spin that little disaster, 😂

        Liked by 1 person

    • We’re still using the Obamafied calculations.

      President Trump wouldn’t get caught dead “monkeying” with the numbers.

      Liked by 3 people

    • KimmyK says:

      As of about 6 months ago I think they were still using the 0 method. Hubby said he was no longer counted when his unemployment ran out.

      Like

  30. Let’s see: “Average monthly employment growth in 2018 now averages a whopping 207,000 jobs per month” … and growing with each passing month!
    • This would average 2.5 million jobs created annually.
    • 20 MILLION jobs created over 2 terms for President Trump!

    Liked by 1 person

  31. David says:

    lightweights like Ben Rhodes notwithstanding, a lot of leftifts claims this was due to the economy being tee’d up by Obama…what are the reasonable bullet points to quickly refute this?
    Its the tax cuts, stupid
    ?
    ?

    Like

    • wheatietoo says:

      Ozero said “those jobs are never coming back”.

      He also asked if Trump had “a magic wand”…which is an admission that he didn’t have a clue about doing what our President is doing.

      This is how you refute those leftist claims that this was all “teed up by Obama”.

      Liked by 3 people

    • wheatietoo says:

      Here’s another one to refute those leftist claim-jumpers:

      One of the reasons why the economy is getting better…is because Pres Trump eliminated the stifling Regulations that Ozero & the Dems had piled on us.

      Ozero didn’t eliminate those job-killing regulations.
      President Trump did!

      Liked by 2 people

  32. NJF says:

    Snort. Keep yapping nancy.

    Liked by 1 person

  33. convert says:

    Surely, even as busy and distracted as they are, the American people can see who gets results that matter to them, who is happy when there is a lot of good economic news and who is SAD! Who is trying to help them vs. people from other countries, who are the people who are not just full of anger, hate, venom and vulgarity, who blatantly displays contempt for them and their religious beliefs and values vs. who respects them. Surely. (fingers crossed, prayers up, and vote!)

    Liked by 4 people

  34. wheatietoo says:

    Oh yeah, that is coming.

    All the more need to cut the federal payroll.
    We’ve got enough people to fill all these jobs…we just need to shift them from the bloated govt sector to the private sector.

    Liked by 2 people

  35. kinthenorthwest says:

    Already the left is trying to say that Trump made of the numbers, even though the same method as Obama used are being used by Trump People.

    Liked by 1 person

  36. Let's Pop Smoke says:

    This is such thrilling news for our country! However, knowing that O and ValJ are sitting over at the Resist Central cave, seething makes it all that much sweeter!!

    Liked by 1 person

  37. Hahahahahahahahahahahahahah!
    I sometimes wonder why there’s such a divide in America and what people believe. It makes me pause and wonder if there’s something I’m missing since so many people think so differently than I do. So I know about the jobs numbers report today and wanted to check out CNN.com (something I rarely do) and there is NOTHING on their main web page today about the jobs report at all. NOTHING! That says alot right there. So, those people who get their news from CNN don’t know a thing about the jobs report today. Their neighbor and a family member got a job this past month, but that’s all they know 🙂

    Liked by 3 people

  38. alliwantissometruth says:

    And the leftists are the smart people?

    The leftists are the compassionate ones who’ll make it work by creating a fair & viable working economy for everyone to share in?

    The left is the hip cool crowd who looks out for minorities, the poor & the middle class?

    How long is this absurd masquerade going to continue? How long will brainwashed, manipulated, used & abused Americans continue to listen to these people?

    Wake the f*** up America. The left has been promising you utopia for decades, while your lives continued to get worse

    The left promised you jobs but only delivered millions of job stealing illegal aliens & job killing regulations

    The left promised good educations for your children but only delivered social justice propaganda factories that never gave children a chance to succeed

    The left promised you a more caring, compassionate & enlightened approach to dealing with criminals but only delivered utter chaos with school shootings, gang infested neighborhoods being turned into shooting galleries & foreign national criminals wreaking havoc while walking our streets with impunity

    Thanks to the left our children don’t know about God but know about every sexual perversion & every swear word, & feel those Americans who protect them (cops) are brutal killers & abusers

    And these are the people you’ve listened to all these years? They’re the smart ones you look up to & hold in high esteem?

    They’re nothing but absolute incompetent nitwits, too stupid to understand common sense & too brainwashed to stop forwarding the agenda of the global elite who want to destroy your freedoms, your jobs, your country & your children’s futures

    The MS Media, the Hollywood “stars”, the democrat party, all of them paid puppets being enriched by the global elite to spread their poisonous agenda, an agenda that doesn’t include you

    Then President Trump comes along & begins to rip the mask off, creating a real & viable economy which creates real jobs, real opportunities & real upward mobility for every American willing to put a little work into it

    He’s trying to stop the flow of job stealing illegal aliens, of foreign criminals & tax dollar consuming phony refugees

    He wants your neighborhoods to be safe places for you & your children

    And the left tells you to hate him, & you listen to them

    The left promises you prime rib & delivers a shit sandwich. President Trump promises you what you really want & delivers just that

    Maybe it’s time to stop listening to the “smart” people on the left & start listening to honest Americans who truly understand how things work & who truly value & cherish the rights & freedoms we all deserve as American citizens

    If President Trump can’t open your eyes & free your mind, nobody can

    Liked by 8 people

    • Michelle says:

      I can honestly (and sadly) say that all of my regrets in life, and they are deep regrets, are a result of liberal mentalities that I held at the time. Living your life according to liberal mindsets is a sure way to unhappiness. The liberals I know that are happy actually live conservative lifestyles.

      Liked by 4 people

      • bkrg2 says:

        thank you for having the courage to share your experience and insight.
        The good news is that you recognized a different path AND chose to follow it!
        All will be well

        Like

    • icndark says:

      Spoken like a truly woke person. Bless you and yours. #MAGA

      Liked by 1 person

  39. WSB says:

    Interesting you posted that.

    During the video clip at 0:40 Cramer asks where are we going to get these workers? And then Faber responds, “except there is a record number of people still not in the workforce?”

    So, there is your answer.

    I happen to be one of those stats. Have had a terrible time finding new projects (three proposals in the last 5 months have fallen through), and I am not on unemployment.

    There must be millions of us. Many people call themselves independent consultants. I have been since 2004; however, many are just hanging on part-time work. So, the unemployment number we have all been fed, we KNEW was bogus. Stick with the U6.

    The other stat I saw recently is that teen unemployment is down to approximately 12%, but that is high. If we want to nip that in the bud, something must be done about the minimum wage. I know what I would do but there are many brainwashed people out there who would have a conniption.

    So, there is still work to do. Fingers crossed!

    Liked by 1 person

    • KimmyK says:

      Yep, hubby took a job at Wal-Mart he was out of work so long. Then 3 months ago he got back into his field (automotive design) and was just laid off today due to lack of work…

      He talked to one of his buddies at GM a few weeks back, they were wondering if pink slips were coming there soon as well.

      Hopefully not, I remember years ago when I was in the field you could quit a job in the am and have a new one by lunchtime making more $$. Sadly those days are long gone. I sure hope they return.

      Liked by 1 person

      • WSB says:

        Me, too, KimmyK.

        There are hiccups in timing in the design world, so I know what your husband is going through.

        Long term one-off contracts are the norm, and I find that people in decision-making positions are not well versed in the art of negotiating, so if they want to work with you but your price may be higher, they are too afraid to even give a call back. It’s very frustrating.

        We need to all take a lesson from our Negotiator in Chief, I hope. And keep marching on!

        Best wishes to you both!

        Like

  40. I rarely post here but I wanted to add that I remember watching on TV a show called, “How It’s Made” and it showed all of these interesting manufacturing plants in Canada. I always wondered how they still made products in Canada while in the USA we made food franchises. It wasn’t until Sundance explained how Canada gets to exploit the NAFTA loophole that I finally understood how we Americans were being played and our lives diminished thanks to that blatant rule to suck jobs and industries out of this country while our political and business leaders stood by and did nothing. I am 59 years old and thanks to the Libs and the RINOs I have watched the incomes of middle class Americans get squeezed out of existence. These last 35 years should have been great earning years for people in my age group. Instead we got by. I am going to work the next 10 years trying to make of for all of the earnings that were denied my generation. Thank you, God, for President Trump.

    Liked by 5 people

    • jrapdx says:

      Yes, thanks to PT the last couple of years have been a PhD education about how our country has operated. One thing we learned is that it didn’t have to be that way. I’m older than you and will confirm the deterioration of income over 40 years has been real and hurtful. I sincerely hope you take full advantage of the time remaining in your working life to make up at least in part for the damage done in the past.

      It’s wonderful to see our country come to its full potential, a powerhouse on the world stage, not surprising America at full speed is intimidating to adversaries. But all can get on the train and improve tremendously, not a single enemy is necessary. True world peace is possible, imagine what that will bring to humankind. Such a strange yet delightful idea.

      Liked by 1 person

  41. MaineCoon says:

    Jim Cramer asked where were the people going to come from to fill all these jobs? We’ll run out of people??

    Jim, We are going to drastically decrease the government bureaucracy and they can just go to work in the private sector. POTUS has it all figured out!!

    Like

  42. keeler says:

    GDP forecast is now 4.8 for Q2.

    Four
    Point
    Eight

    Wow!

    Liked by 1 person

  43. Evelyn says:

    The last sentence of Mark Taylor’s first prophecy about Donald Trump, written 4/28/11, entitled Commander in Chief: “Even mainstream news media will be captivated by this man and the abilities that I have gifted him with, and they will even begin to agree with him says the Spirit of God.”

    Liked by 3 people

  44. Cheesehead54016 says:

    I think that each talking head who incorrectly gave their “Expert” opinions about Trump should be called out daily and often in order to reduce their “expert” rating to “freshmen” rating.

    Like

  45. The Real Bob_W says:

    Apropos of nothing other than a personal observation (or two)…

    PDJT has me suffering from acute confirmation bias. FWIW, my 50,000′ take on ‘jobs and the economy’ hasn’t fundamentally changed from the time I graduated college (a time before I paid any critical-thinking-attention to politics) until the present (4+ decades on). Somewhen in that first decade after school (engineering) was when my critical thinking faculties began to blossom, by which time I’d already rather naively concluded that “common sense” said jobs would most readily be created/exist when government/bureaucrats/obstructionists simply got out of the way of entrepreneurial people. (It seemed a “Duh!” conclusion to me then…and still does.)

    Government/bureaucrats/obstructionists/elitists are to job creation and the economy, as is sand to grease.

    I thank heaven above that we finally have a president who ‘gets it.’ Anyone capable of graduating from *real* primary/high schools (i.e. those which flunk students incapable of meeting grade standards), – regardless of their political label (Rep/Dem/whatever), surely is capable of seeing or sensing the fundamental truth to my assertion…and in that sense, very little of what the economy has been doing under PDJT should be a surprise.

    To forestall throat-jumpers, none of the preceding is meant to diminish or demean in any way the sheer significance and brilliance of what PDJT has so-far unleashed as seen in our present U.S. economy’s stats. OTOH, his policies are clearly showing ’emperors (since the 1960s) had no economic clothes.’ (Reagan excepted.) And yet, so many of the yammering ‘intelligentsia/media’ remain blinkered…

    MAGA, indeed!!!

    Liked by 1 person

  46. f.fernandez says:

    The ship continues to turn away from the disastrous course the former administrations have put the U.S. on.

    Like

  47. Brant says:

    There are 3-4 manufacturing places in this little South Georgia town where I live that make vehicle trailers. Those box trailers that you see. 3-4 companies and they can’t keep up with demand. Was talking to a guy and he said this area makes most of the trailers for the US. Folks wanted him to move some out to the west like Nevada or something. I guess for the California emigrants (and not California taxes). He said he liked it here and they have enough business. (Smart guy, expansion/growth is good, but sometimes it’s good to be big fish in a little pond, than little fish in a big pond.)

    A number of welders and need more. You know, that job that requires an advanced degree from Harvard with $100k+ student debt. NOT!!!!!! 🙂

    Like

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