January Employment Report: 225,000 Jobs Gained, Blue Collar Wage Growth +3.2%…

The Bureau of Labor Statistics (BLS) releases the January jobs and labor report and the results are MAGAnificent.  225,000 jobs gained in January; non-supervisory wage growth against exceeds supervisory at 3.2%; and 185,000 workers re-entered the workforce.

The 225,000 new jobs far exceeded expectations. Economists were looking for 160,000. Also the November report was revised up by 5,000 (from +256,000 to +261,000) and the change for December was revised up by 2,000 from (+145,000 to +147,000). With these revisions, employment gains in November and December combined were 7,000 higher than previously reported.

Keep in mind these excellent jobs results are without the domestic investment expected to be produced by the USMCA manufacturing realignment.  As goods producing companies start evaluating the new total production costs, the investment shift toward North America will likely keep a tailwind on our economic growth and jobs.

[…] “The second, which is almost as important, but less obvious, is labor force participation is trending higher and because it’s still so far below previous cyclical peaks.

If that continues to go up, because people are being pulled into the workforce, that means that these big jobs gain that a lot of people have been thinking were going to slow are going to continue. They’re going to continue longer relative to whatever your baseline was, i.e., we’re not running out of people because participation is going up, that’s great. That’s great for everybody.”

~Joseph Lavorgna, Chief Economists, Natixis, New York

This entry was posted in Big Government, Donald Trump, Economy, Nancy Pelosi, Notorious Liars, President Trump, Trade Deal, Uncategorized. Bookmark the permalink.

37 Responses to January Employment Report: 225,000 Jobs Gained, Blue Collar Wage Growth +3.2%…

  1. BoreMole says:

    I’m definitely white collar – and my wages along with all those working for me are all growing at least or more than that, FYI.

    Liked by 8 people

    • BoreMole says:

      Without the benefit of edit, grrr…. this did not mean to come off as a challenge or brag – more just saying that we’re all benefiting lately, regardless of our lot in life.

      Liked by 7 people

      • Greg1 says:

        It came across as one who is thankful for their blessings, as well as for the blessings of others.

        Liked by 5 people

      • Ausonius says:

        Yes, an Edit function would be nice when things end up with errors, human-caused or computer-caused.

        Liked by 2 people

        • boogywstew says:

          On the flip side … we see lots of hilarious mistakes and sometimes the mistake is BETTER than what the writer intended.

          Like

        • Stillwater says:

          I’d love for an edit button but I’ve seen on other sites how trolls can really abuse that function.

          For instance,
          – a troll makes an inflammatory statement or perhaps attacks someone
          – the attacked user responds/defends with facts; or perhaps gets angry and calls out their bad behavior
          – the troll edits their original attack to make it appear innocent
          – the troll then pretends to be innocent of any wrongdoing and states the victim is “overreacting”; or perhaps the troll pretends to be the victim themselves.

          Liked by 1 person

      • MaineCoon says:

        That’s ex what I thought you were saying. Always good to hear real-time data. thanks for posting it.

        Liked by 1 person

    • suicdeclutch63 says:

      I am part of a small 5 person company doing niche work for much larger companies and we grew by almost 100% last year in revenue and this year looks to be very strong already. More clients asking for more work. I work on average, 55-60 hours a week and life is good.

      Liked by 4 people

    • TreeClimber says:

      My husband is a step below blue collar, and his wages haven’t gone up at all. (His boss got a new $50,000 truck from the company, though.) I wish that all companies would actually raise their wages…

      Like

      • BoreMole says:

        Why not look for new work? I’ve had to move companies many times in my life to get a decent raise.

        Liked by 1 person

        • TreeClimber says:

          He just got off that carousel of death that is contract work. We’re not risking his brand-new permanent job for an unknown entity. The pay is low, but at least it’ll still be here tomorrow… next week… next month!

          Like

  2. freepetta says:

    Simply Amazing!!

    Liked by 1 person

  3. Jive Pawnbroker says:

    This should come as good news to the Vindman twins, although the only jobs they are qualified for would require them to ask, ” Do you want fries with that?”.

    Liked by 1 person

  4. Ausonius says:

    “Those jobs are never coming back!” – MAObama

    Well, no they were never coming back under an America-hating, bribe-taking marionette like MAObama!

    You need a businessman who loves America and wants all Americans to flourish in order to Make America Great Again, as opposed to a completely unqualified, barely competent con artist with no real accomplishments except conning and using Leftist, politically correct GUILT to win elections, along with fraud and the help of Globalist puppeteers like Soros, et al. with their hands pulling all the strings of MAObama the Marionette for the benefit of a Leftist World Elite.

    Liked by 2 people

  5. JasonF says:

    There is a related article in USA Today, entitled “Economy added a robust 225,000 jobs in January, defying worker shortages“. An extract from the article is below.


    In a sweeping annual revision, the number of jobs gained from April 2018 to March 2019 was lowered by a whopping 514,000, slightly more than a preliminary estimate last summer. But payroll increases from April to December were revised up by 92,000, leaving total employment in December 422,000 below prior estimates.

    I do not understand the justification for such a huge revision. There is a relevant article at Bloomberg, entitled “U.S. Jobs Top Estimates With 225,000 Gain, Wages Accelerate“. An extract from the article is below.


    Annual revisions to historical data took some shine off one of Trump’s main bragging points, cutting the 2018 job gain to 2.31 million from 2.68 million. The 2017 and 2019 gains were about 2.1 million, meaning each year under Trump — while still strong — has been slightly slower than the 2.35 million rise in the final year of the Obama administration.

    Does this suggest that they made a huge revision so that they could claim that Trump has not done as well as the final year of Obama?

    I do not trust the people who come up with these numbers.

    Liked by 3 people

    • Deplorable_Infidel says:

      “Does this suggest that they made a huge revision so that they could claim that Trump has not done as well as the final year of Obama?

      I do not trust the people who come up with these numbers.”

      Your distrust is well founded. I had read a comment here on CTH a day or two ago where a claim was being made that these gains are a result of BHO’s policies.

      Whoever sincerely believes that truly deserves to be deceived. However, that is all they have – belief in a lie.

      Liked by 1 person

      • Dutchman says:

        “Lies, Damn lies and statistics”;
        Today people don’t fully understand that quote.

        Whats the difference between a “Lie” and a “damn lie”?

        When this quote originated, calling someon a liar, or saying “thats a lie”, was inflamatiry rhetoric.

        BUT, saying “Thats a DAMN lie” was a call to arms. It was impuning the alleged “Damn liars” honor, and the ONLY acceptable responce to being accused of being a “Damn Liar”, or having someone respond to something you said by saying “Thats a DAMN lie!”
        was violence. Either fisticuffs or a duel.

        A fight broke out on the floor of the House of Representatives over such a remark. Congressman beat another with his cane, broke it and nearly killed the Congressman who had the temerity to say “Thats a DAMN lie!”

        Ahhhh, ..the Good old days!

        So, “Lies,….DAMN lies,…and then Statistics means statistics are,WORSE than a Damn lie.

        Anyway, would that those in D.C. took honor so seriously. They can spin the #’s all they want,…and yes awhile back my libertard sister actually said the economy improving wasn’t because of “Trump”, it was just Obama policies starting to have an effect.

        Don’t know if she is still saying that, because at her insistence, we no longer discuss politics.

        Said every time we did, it made her angry. I said “Funny, it never makes ME angry. WHY do you think it upsets you so?” She had no answer, lol.

        Liked by 2 people

    • boogywstew says:

      How many of the 2.35 million rise in Obammy’s last year, were part time jobs?

      Liked by 1 person

  6. Vince says:

    If we can keep the coronavirus contained, the process of moving factories out of China will drastically accelerate, because the supply chains in China are shut down already due to the virus. Suddenly it is not just patriotism or economic preference, its the survival of the company.

    Like

  7. I was reading a financial article today and it asked a question I could not necessarily answer: “If wages are growing so well, more people are working than ever before, and the consumer is 70% GDP, why do we only have 2% growth?”
    My thoughts are savings and debt service vs. wild, drunken spending sprees; We’re still importing all the stuff people are buying (and if imports go up, GDP goes down); the rest of the world’s demand for MADE IN USA is down due to the high dollar and their economic states (sends GDP down).
    Any armchair economists here?

    Like

    • Deplorable_Infidel says:

      “Any armchair economists here?”

      I am not one, but my best guess is that the desire to buy American is present; however, the manufacturing capacity is not in place yet.

      Most of the time, for me and those I know anyway, is being able to find the particular product you want (made in U.S.A.) in a reasonable amount of time.

      One must take in to account that it took several decades for the “giant sucking sound” of NAFTA and other things (WTO, etc.) to decimate the manufacturing base here.

      One example is that (as far as I know) there is only one operating textile mill that is making socks domestically. I do not know the number in operation 30 to 40 years ago, but it was significantly more than that to supply domestic consumption.

      Liked by 1 person

      • Dutchman says:

        So, imagine the export of manufacturing jobs, that,as you say took DECADES to leave the U.S., happening in much less time, in CHINA.

        AND, factor that there are many more products, and therefore more manufacturing plants (and jobs) leaving China. For instance, there WERE no smart phones, 30 years ago.

        So, its hard to imagine that kind of contraction, at such an accellerated pace. I should think an historic first, and something like the Depression of the 30’s?

        Are the Chines people REALLY going to just tighten their belts, or will they throw the bums (CCP) out?

        Like

  8. Sammy Hains says:

    The main reason Democrats held up USMCA is because they’re hoping that by stalling it for a year, the economic gains won’t be felt until after the election. If they can manage to win in November, then they will claim credit for the coming economic sonic boom.

    Liked by 1 person

    • Toenail says:

      If the democrats didn’t take credit for the productive work of someone else they would have no credit at all. The democrat policies do not produce good results for the American people.

      Like

  9. daylight58 says:

    I hear hissing coming from the Democrats side of the House.

    Like

  10. Despite the energetic efforts to smear and dismiss and sabotage President Trump has held the reigns and directed the economy into prosperity. And not just the economy but the very important intangibles that make up a nation’s personality.
    Bravo!
    Keep up the excellent work.

    Liked by 2 people

  11. stvzs47 says:

    Dems can’t stop this.

    Like

    • Rynn69 says:

      Yes – that is why Pelosi called it “Armageddon.” To an American-hating ripper like her – growth in the economy is the end of the world.

      Like

  12. Reality can be covered up for awhile and people can be fooled into believing they’re helpless .. but no political / media slight-of-hand can hide the reality of a honestly earned paycheck from a person who didn’t have one prior to Trump. This is realpolitik.

    The heartbeat of the Trump Revolution is self-determination based on self-confidence. It’s why this latest American reinvention of ourselves has gone global.

    Liked by 1 person

  13. Rynn69 says:

    Nice to cap off an electric week of non-stop winning with MAGAnomics!

    Like

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