MAGAnomics – November Jobs Gains +266,000, Unemployment Rate 3.5%, Wage Growth +3.1%, Inflation 1.4%…

“These are the best jobs numbers of our lives”…

The Bureau of Labor Statistics (BLS) has released the jobs number for November and the results are astoundingly excellent.  November jobs gains 266,000; the year-over-year wage growth is 3.1% with non-supervisory wages growing double the rate of supervisory wages. The unemployment rate dropped slightly to 3.5 percent.

Additionally, September was revised up by 13,000 from +180,000 to +193,000, and the change for October was revised up by 28,000 from +128,000 to +156,000. With these revisions, employment gains in September and October combined were 41,000 more than previously reported.  [Full BLS Report Here]

Also in November, 1.2 million persons were marginally attached to the labor force. This is a reduction of 432,000 from a year earlier. Those additional jobs are not counted in any labor report because those returning workers were previously not looking for employment; they came off the sidelines and entered the workforce.  AMERICA IS WORKING AGAIN !

The pundits are shocked, s.h.o.c.k.e.d!

.

This entry was posted in Donald Trump, Economy, Election 2020, Legislation, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

117 Responses to MAGAnomics – November Jobs Gains +266,000, Unemployment Rate 3.5%, Wage Growth +3.1%, Inflation 1.4%…

  1. fanbeav says:

    Impeach that Pelosi and Schiff!

    Liked by 10 people

  2. GumboPot says:

    But, but, but…impeachment.

    Liked by 3 people

  3. DAVE CRAIN says:

    Keep in mind, 50 years ago, we had a draft, that I would assume drove employment numbers way down as well. Correct me if I’m wrong. JMHO. #winning!

    Liked by 3 people

  4. Unfortunately, the statistics will not stop them.

    Liked by 2 people

  5. Trump2020 says:

    There will be no impeachment, they won’t even vote on it, since they don’t have the numbers! As the job reports prove they don’t have the numbers there also!

    Liked by 6 people

    • SharkDiver says:

      I just said the same thing further down. Unfortunately the nervous Nellies won’t listen because the like to worry, and the media won’t stop talking about it because it drives clicks. As much as I like Sundance, I do think he helps feed into the media hysteria on certain subjects, impeachment being one of them. A saying I try and live by is: “Worry is the payment on a debt you may not owe”.

      Liked by 2 people

    • Spooky says:

      Not sure I’m buying what you’re selling. You are underestimating the symptoms of Trump Derangement Syndrome and assuming the Demonrats are rational actors. Pelosi will have to deal with a full on revolt in her caucus from the radical left if there is no impeachment. She would lose credibility with the leftard wing of the party if she chickens out at this point. She can always get the so called moderates to vote for impeachment by simply threatening to cut off their campaign funds or making sure they get a well funded primary opponent.

      The more successful Trump is the more they hate him and will do anything to damage or destroy him. They know it is unlikely he will be convicted in a Senate trial but they don’t care. They have to vote for impeachment now or face the hostility and ridicule of their own hard core base. That is something they cannot afford.

      Liked by 1 person

    • Mr e-man says:

      I can see the impeachment vote. All the hardliners vote yes the minute the voting opens. All the Republicans vote no as soon the vote opens.

      The remainders will stick their finger in the air for the prevailing winds. They will all be looking at how the other 50 or so of them are voting. A kind of you first scenario. Their choice? Die or die. If they vote yes, they will be leftist heroes and voted out of their cushy Congress job next November. Nanzis promises of committee jobs and campaign funds won’t help. If they vote no, they will still be voted out of their cushy Congress job. Thanks Nanzi. Great job.

      Liked by 1 person

    • trapper says:

      The House HAS to vote on impeachment. It’s the only way Pelosi can get rid of it without turning the left wing of her party into a raging mob out for her scalp. Vote it out of the House and into the Senate’s lap. That’s what I would do if I were her.

      Like

  6. JohnCasper says:

    If Hillary Clinton had been elected President and it was Jobs Gains +266,000, an Unemployment Rate of 3.5%, Wage Growth of +3.1% and Inflation at 1.4%, or even half that good, she would be awarded the Noble Prize for Economics, she would be going up on Mt. Rushmore and her MSM frogs would give her the Croix-de-Guerre. But since it’s Donald Trump, not even a Big Mac and a diet coke.

    Liked by 7 people

  7. deepdivemaga says:

    These jobs numbers always are revised UPWARDS, opposite from Obama where they were always revised DOWNWARDS.

    In the words of POTUS, we will still WIN.

    Liked by 11 people

  8. dturpen says:

    Thank you President Trump!

    Liked by 5 people

  9. sunnyflower5 says:

    Liked by 10 people

  10. SharkDiver says:

    These results provide even more reason why I say there is no way Dems send impeachment to the Senate. They will lose control of the narrative and get absolutely crushed. They will just limp the PROSPECT of impeaching along and then eventually announce no House vote because they don’t want to tear the country apart, even though orange man bad. Again, much ado about nothing.

    Liked by 2 people

    • Raptors2020 says:

      A handful of rich Democrat donors, like Tom Steyer, are driving the impeachment. They pay the bills, the permanent underclass supply the permanent votes. The American Middle-Class is the cockroach Professor Karlan finds in her bathtub.

      Liked by 1 person

  11. Stephen F. Paul says:

    It’s unbelievable that we have the best numbers of our lifetimes and when you read a newspaper or turn on most TV news stations you hear nothing but bad news. And for Trump to have approval numbers equal or better (depending on where they’re from) than Obama . What would these numbers be if the media actually reported truthfully about what is going on in this country? I would bet that Trump would have the highest approval numbers of any president if we had an honest media. They just can’t be honest,it has to serve a purpose for the Democrat party.
    I was skeptical of trump in 2015 and 2016 ,I wasn’t sure if he was part of a democrat scheme. I wondered that because he knows them so good and has been at their weddings and has donated to them.
    I’ll tell you this about him, it has been many many years that i have been able to say i was proud of my president and the work he was doing ,but i can now that’s for sure. For 8 years all i could think of was how can this guy do something like that top this country. it seemed almost like he was working against us all. (During the Obama years) . Bush was pretty much just an idiot as far as I could see.A typical sliver spooned political hack.
    I wish the rest of the country would open their eyes to what Trump is doing and stop letting the main stream media control their every thought.

    Liked by 8 people

    • Rowdyone says:

      Trump is not an idealogue in the academic sense of the word.But in a time when the Dims are pulling the country increasingly to the left it is easy for him to fit into our party as a fundamental nationalist and perhaps even a reactionary, which is a good thing!

      Liked by 2 people

  12. datagooroo says:

    Most people in this country have not been alive for 50 years, in other words, best numbers of MOST peoples life.

    Liked by 6 people

  13. Perot Conservative says:

    And Justin in Canada loses 70,000 jobs?

    Pass USMCA Justin! Pronto!

    Liked by 2 people

    • Dee Paul Deje says:

      1/10th of the U.S. population so that’s like losing 700,000. How’s the 2-faced schoolgirl snicker workin’ for ya now Justine?

      Like

  14. wildsailor2018 says:

    This is at the expense of the economies of China and the EU…what a terrible situation not allowing them to continue to take advantage of us…*sniff. We are not being kind to the communists and socialists and being bullies….Blahahahahahaha

    Pass me more Michigan made wine and Wisconsin cheese…..

    Liked by 18 people

    • Maquis says:

      Yet, like a parent putting out a shiftless twenty-something, those polities will have hard choices to make and may for the first time choose wisely.

      Oh, not China, the CCP can and must go to Hell, then China can grow up too.

      Liked by 1 person

    • Mr e-man says:

      Joe Bribem and John Kerry think the world is laughing at us. Let them laugh.

      By the way, John Kerry as Bribems running mate? Bribem impeached on day 1. Kerry becomes POTUS and names Hillary as VP. Arkancide happens.

      Liked by 2 people

  15. Loren says:

    This is literally what a Main Street economy looks like and really says a lot about past administrations. They were either incompetent or corrupt or both. And we all know why that is!

    Liked by 8 people

    • Bill says:

      I think it was both, with an added scoop of had no F—–g clue what they were doing and only got the job because of who they were and not what they knew or understood. They surround themselves with a legion of leaches that tell them what to do and say. Trump surrounds himself with doers that share his vision and together they get ish done.

      Loving it…

      Liked by 7 people

  16. Tseg says:

    Pundits suck.

    Liked by 3 people

  17. jrapdx says:

    Sad that this superb news will never reach the CNN-MSNBC-watching crowd. True, these “news” outlets have relative paucity of viewers these days, but in the liberal big cities such MSM still have significant reach. Since the voters in these cities have disproportionate effects on who gets elected to Congress, the distorted picture painted by MSM remains a factor in maintaining the craziness of DC.

    Spreading the word about the successes in job growth, record low unemployment and the rest of the good news has got to have a counter-effect. Maybe it’s subtle but news tends to get around. Besides this news is a great “bomb” to use when liberals are trashing the President. It’s really hard for liberals to dismiss the jobs and earnings report, and completely upends the stupidity of “Orange Man bad” type of commentary.

    Like

  18. Reserved55 says:

    Liked by 16 people

  19. kenji says:

    But … Nancy (Game of Thrones) Pelosi-Impeach45 insisted that Corporate Tax Cuts were NOT going to foster job creation. Nancy said; “they won’t build that”. Nancy said jobs are ONLY created by the government.

    And the Democrat Band played on

    Liked by 7 people

  20. And in other news today:
    Canadian economy shed 71K jobs in November — biggest loss since the financial crisis
    https://globalnews.ca/news/6262739/canada-biggest-job-loss-financial-crisis/

    Liked by 5 people

    • wildsailor2018 says:

      Close the damn border. We have too many Canadians working here in the US already. They stream across at the Ambassador Bridge and the tunnel in Detroit and take away jobs that US Citizens could now be getting….

      Liked by 4 people

      • GB Bari says:

        Why aren’t the US citizens taking those jobs? Last I read there are about 6 million unfilled jobs in the country. If Congress and state legislatures won’t tighten up the public assistance qualification thresholds, then those welfare slugs have no incentive to work. Let the Canadians have the jobs.
        The President did his part – kept his promise. Now it’s up to unemployed people to get off their a**es and get a job.

        Liked by 2 people

    • kenji says:

      Oh but that sweet young tossleheaded PM of yours made HEADLINES! for mocking Trump. Way to go Justine!! Oh, and BTW … PAY UP!! Sucker!!

      Liked by 3 people

    • Raptors2020 says:

      Government clerks and welfare recipients. Jobs in primary industry are, like, icky. This is Trudeau’s plan. He just lacks the imagination to anticipate what it looks like, in practice. A very confused man, with very confused voters.

      Like

  21. Reserved55 says:

    Liked by 7 people

    • oldschool64 says:

      Don’t think you have to worry about him being scared, Lord. I mean, does he look afraid!

      Liked by 1 person

    • littleanniefannie says:

      I heard Nancy invoke the name of my Heavenly Father. She knows how to talk the talk. One day, maybe she will walk the walk in Heaven. Until she changes her evil ways, she won’t have to worry about meeting St. Peter, she’s on track to meet Peter Strzok, John Brennan, Jim Comey, Eric Holder, Andy McCabe and a few other friends with her Adam and Lucifer.

      Like

  22. The Boss says:

    Jim Cramer is treading on thin ice at CNBC. He was once co-host of a show with Larry Kudlow in the early days of cable, and I sense Cramer’s wanting to say much more than he said this morning.

    Liked by 6 people

  23. Daniel says:

    When the numbers reach zero or negative, Trump will need to return to the original measurement standards which Obama changed in order to make his own numbers look “less bad.” In the mean time, the Obama era standards work just fine for our purposes and I’m ecstatic. The numbers in my area, according to printed papers, are far lower than the national average. It’s unreal.

    Trump has a magic wand! 🙂

    But to be clear, my interest in seeing the president go back to prior measurement standards is to make things more visible when things start going back to the way they were. As it stands, Trump is going to create a perceived resource which the swamp will want to tax to death.

    Liked by 2 people

  24. Arrest Soros says:

    The Kenyan did it.
    You know it makes sense.

    Liked by 1 person

    • kenji says:

      Well … it only stands to reason since Obama was STILL trying to overcome a DISASTROUS Bush economy 3 years into his sham presidency. It was all Bush’s fault … hence … this must be ALL Obama’s “doing”.

      Willful ignorance is the WORST kind of ignorance.

      Like

      • littleanniefannie says:

        Just like Obama is trying to take credit for the yugely successful Trump economy which began on 11/7/16. Technically during Obama’s term (lame duck) but with Trump optimism (after all, go back and look at the results of the 2016 Presidential election by county). Overstuffed ballet boxes (not a typo—there was some real on the toes dancing around some polling places by Hillary supporters)!

        Like

  25. TradeBait says:

    I talk to normal. flyover country people everyday. Every single one knows, not just believes, that this impeachment garbage is a hoax. Every single one of them despise the media and the leftists for doing this. When the BS starts on the TV, they turn the channel or the TV off. Nearly all of these people are independents and are not political at all.

    Real America is not nearly as stupid as the left thinks we are.

    Liked by 10 people

  26. Dee Paul Deje says:

    Liked by 2 people

  27. There are a multitude of reasons the democrat left are regularly exhibiting psychotic behavior in public lately, but the fact that a successful capitalist has turned the economy around in record time in the wake of a failed, wannabe socialist – a guy they talked themselves into believing was their progressive messiah of color – is probably the top reason.

    The left spent decades lying about the Reagan recovery and smearing his policies to the point where they thought they finally had disappeared it down the memory hole in perpetuity. They have actually cultivated a dumbed down democrat base who would vote for people who promise to raise their taxes.

    0bama thought he had us frog-boiled & content with a flat, stagnant economy – his “new economy” – and (with the help of the 0bamacare mandates) on a nice easy glide slope toward an eventual government command & control system which Her Royal Thighness, Madam Hillary, would fully & irrevocably institutionalize.

    Then Trump happened, we’re in a Reagan redux (thanks Larry Kudlow et. al.), the Leftisphere is on the brink of implosion and being driven absolutely bonkers . . . . albeit a pretty short drive to begin with.

    I’m enjoying this immensely.

    Liked by 8 people

  28. Ozark says:

    All accomplished by the Trump administration and the Republicans without the help of the DemocRats.

    Liked by 2 people

  29. TheLastDemocrat says:

    “Surprisingly”

    Like

  30. Bob says:

    “Sometimes the truth sets people free”

    Liked by 1 person

  31. Duke of Cumberland says:

    I’ll just say it: Jumpin’ Ju-Ju Bones!!

    Like

  32. Fools Gold says:

    Having lived thru Reagan economy we’re definitely going to have to be careful in 2024 with our voting and you can “read my lips’, MORE MAGANOMICS! Lord willing Trump will be leading us to KAGONOMICS Canidates!

    Liked by 2 people

  33. hokkoda says:

    Any questions about why there is an impeachment?

    If you’re on social media and some looney tune starts screaming about impeachment, send them links to the latest economic news. Don’t argue with them. Piss them off more by saying, “I think I know why you need to impeach Trump!”

    Liked by 2 people

  34. Harvey Lipschitz says:

    Obama was crowing about job growth. Yup. Hiring census workers. He counted them when hired to train and counted them when they started surveys. Counted twice. (will President Trump have trouble hiring census workers?)

    Liked by 2 people

  35. WES says:

    In other news, German manufacturing just hit 10 year lows.

    Liked by 3 people

    • Fools Gold says:

      Last I heard China ain’t doing so well either…🤠

      Liked by 1 person

    • Raptors2020 says:

      No children, no growth, no future. Nihilist leftists embrace this idea. The foundational truth for the environmentalist/global warming movement is that the world is grossly over-populated. Abortion and birth control are sacraments to the modern left.

      Economic growth is happening in America despite our low birth rate. Immigrants are flowing in, we know that. Capital from around the world is also flowing into America: where else? The sub-prime mortgage debacle was European money seeking a decent return: oops!

      Long-term, we need a baby boom. Only eager, ambitious young people start businesses. Young people with growing families build houses. And capitalism, AOC, only capitalism!

      Liked by 1 person

  36. I hope Chuck Todd chokes when he has to talk about this on his show on Sunday!!😂😂

    Liked by 1 person

  37. TreeClimber says:

    This is why they’ll double down on impeachment. This is exactly what they want gone, done, dead, over with, forgotten.

    Like

  38. StanH says:

    And this is what matters folks.

    Thank you President Trump you are awesome.

    He makes it look so easy almost like the swamp intended our demise? /s

    Like

    • Daniel says:

      What’s easy is reversing the intentional harm caused by former presidents, legislators and lobbyists. What’s not easy is going up against those who want to protect and defend that status quo as it was.

      Like

  39. TheLastDemocrat says:

    NPR: “better than expected”

    Liked by 1 person

  40. oldersoul says:

    To steal a partial phrase from Sundance …

    … Shit like this is why PDJT will be re-elected.

    The impeachment and attempted coup is quickly becoming spitballs against a battleship.

    Liked by 2 people

  41. Blind no Longer says:

    When I first heard these numbers this morning, I started laughing out loud imagining how the Dem media and Prayful Pelosi were going to handle this!!

    I imagine Prayful Pelosi decided to have another quart of vodka and an extra shot of botox to help her frown look like a slight smile.

    I guess Mika and Joe have made a suicide pack, before they would say anything good about the jobs.

    Thank you President Trump for doing in office what you said you would do on the campaign trail…
    MADE AMERICA GREAT AGAIN!!!! I know your second term will be greater than the first!!!
    NO ONE…NO ONE can beat you…greatest President in the history of this country!!

    Liked by 1 person

  42. Bill says:

    I haven’t had meaningful wage growth since the last economic collapse…..
    Time to move on from the Silly-CON Valley.

    Like

  43. Nancy-
    Your time to save the nation from Donald The Great is running out!

    Liked by 1 person

  44. thank you president and your team,
    BEST PRESIDENT,
    luck forward to 2020 again president,

    Liked by 1 person

  45. thisischange says:

    Funny how Obama had to rely on “jobs SAVED or created”, a totally unmeasurable phony metric, yet Trump just creates and creates and creates.

    Liked by 1 person

  46. Magabear says:

    It’s yuuuuuuge!

    Time for me to shake my money maker and find a better one. 😁

    Liked by 1 person

  47. dogsmaw says:

    Liked by 1 person

  48. 2Alpha says:

    Isn’t it amazing how the US Economy responds when a Communist is not in charge?

    Liked by 1 person

  49. WSB says:

    SD, thank you for being the best ECon prof in history. For all of the regulars…WINK!

    😉⚡️☄️

    Liked by 2 people

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