US employers tired of winning? U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months

[Denizen]

The economy is spiraling down and Trump is clueless. Correction, his decision-making gut is clueless.

Job creation is spiraling down and manufacturing is in recession.

"Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018."

The stock market is wobbling with a big Trump slump likely. Mnuchin is better suited to trimming garden hedges than managing the US economy.

Barack Obama we really miss you. The evil clown Trump is crashing the economy and the ship of state.

Bloomberg - Are you a robot?

U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months
By Katia Dmitrieva
October 3, 2019, 4:00 PM GMT+7 Updated on October 3, 2019, 7:57 PM GMT+7

Private payrolls gain seen at 130,000 as trade hampers growth
‘It’s starting to roll into one big ball of negativity’

We Are Primed for a Third Fed Rate Cut, Economist Rupkey Says

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.
But for the September jobs report due Friday, Wall Street economists see a more persistent storm at play: The trade war and manufacturing recession. Those factors are starting to permeate the economy at a time when companies are already struggling with a shrinking pool of qualified workers.
The combination of forces has pushed down the median estimate for private payrolls to a gain of just 130,000 last month. That’s the weakest projection heading into a jobs report in seven years, outside of months affected by events such as major storms or the shutdown. Estimates for total nonfarm payrolls are higher, at 148,000, because of an expected boost from temporary census hiring.

A reading that’s even weaker than predicted would probably boost investor expectations that the Federal Reserve will cut interest rates Oct. 30 for a third straight meeting and potentially again in December, completing a reversal of all four hikes from 2018. It may also force Fed officials to rein in their assessment of the labor market, which they’ve labeled as “strong” in policy statements as recently as September.
For President Donald Trump, who has repeatedly pinned any economic weakness on the central bank, a sluggish labor market could pose a threat to his reelection in 2020. Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018.
U.S. stocks slumped 3% in the last two days amid dour economic data. On Tuesday, the Institute for Supply Management said its factory index fell deeper into contraction in September with the worst reading in a decade, while the employment gauge hit a three-year low. Meanwhile, companies’ hiring was the slowest in three months, according to a report from private data provider ADP. ...

 

[Thunk]

They are trying to talk us into a recession...which is possible if enough people believe their bullshit!

Think about that.

The hatred for this president is so intense they would gladly harm all of us just to make Trump look bad.

The jobs report today came in at 1000 over expectations.
The stock market is up over 30% since Trump was elected president.

As long as china thinks Trump will be impeached...they are NOT going to make a trade deal with him. That is sabotage that is hurting us all!

Not sabotage of Trump...sabotage of our country and all of us!

 

[Harpy Eagle]

The economy is spiraling down and Trump is clueless. Correction, his decision-making gut is clueless.

Job creation is spiraling down and manufacturing is in recession.

"Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018."

The stock market is wobbling with a big Trump slump likely. Mnuchin is better suited to trimming garden hedges than managing the US economy.

Barack Obama we really miss you. The evil clown Trump is crashing the economy and the ship of state.

Bloomberg - Are you a robot?

U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months
By Katia Dmitrieva
October 3, 2019, 4:00 PM GMT+7 Updated on October 3, 2019, 7:57 PM GMT+7

Private payrolls gain seen at 130,000 as trade hampers growth
‘It’s starting to roll into one big ball of negativity’

We Are Primed for a Third Fed Rate Cut, Economist Rupkey Says

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.
But for the September jobs report due Friday, Wall Street economists see a more persistent storm at play: The trade war and manufacturing recession. Those factors are starting to permeate the economy at a time when companies are already struggling with a shrinking pool of qualified workers.
The combination of forces has pushed down the median estimate for private payrolls to a gain of just 130,000 last month. That’s the weakest projection heading into a jobs report in seven years, outside of months affected by events such as major storms or the shutdown. Estimates for total nonfarm payrolls are higher, at 148,000, because of an expected boost from temporary census hiring.

A reading that’s even weaker than predicted would probably boost investor expectations that the Federal Reserve will cut interest rates Oct. 30 for a third straight meeting and potentially again in December, completing a reversal of all four hikes from 2018. It may also force Fed officials to rein in their assessment of the labor market, which they’ve labeled as “strong” in policy statements as recently as September.
For President Donald Trump, who has repeatedly pinned any economic weakness on the central bank, a sluggish labor market could pose a threat to his reelection in 2020. Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018.
U.S. stocks slumped 3% in the last two days amid dour economic data. On Tuesday, the Institute for Supply Management said its factory index fell deeper into contraction in September with the worst reading in a decade, while the employment gauge hit a three-year low. Meanwhile, companies’ hiring was the slowest in three months, according to a report from private data provider ADP. ...

Of course job growth is slow, we have far more open jobs than people to fill them.

Why create jobs that cannot be filled?

 

[Harpy Eagle]

They are trying to talk us into a recession...which is possible if enough people believe their bullshit!

Think about that.

The hatred for this president is so intense they would gladly harm all of us just to make Trump look bad.

The jobs report today came in at 1000 over expectations.
The stock market is up over 30% since Trump was elected president.

As long as china thinks Trump will be impeached...they are NOT going to make a trade deal with him. That is sabotage that is hurting us all!

Not sabotage of Trump...sabotage of our country and all of us!

While it is true the Dow is up 30%, pretty much all of those gains came before the start of Trump’s 2nd year. Since the start of his 2nd year in office the markets are stagnant.

 

[strollingbones]

Jobs would be lower if it for census hiring

 

[Harpy Eagle]

Jobs would be lower if it for census hiring

Not really true. Census hiring this month was almost nil.

 

[strollingbones]

They should be hiring

 

[Harpy Eagle]

They should be hiring

They already have.

 

[Dick Foster]

The economy is spiraling down and Trump is clueless. Correction, his decision-making gut is clueless.

Job creation is spiraling down and manufacturing is in recession.

"Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018."

The stock market is wobbling with a big Trump slump likely. Mnuchin is better suited to trimming garden hedges than managing the US economy.

Barack Obama we really miss you. The evil clown Trump is crashing the economy and the ship of state.

Bloomberg - Are you a robot?

U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months
By Katia Dmitrieva
October 3, 2019, 4:00 PM GMT+7 Updated on October 3, 2019, 7:57 PM GMT+7

Private payrolls gain seen at 130,000 as trade hampers growth
‘It’s starting to roll into one big ball of negativity’

We Are Primed for a Third Fed Rate Cut, Economist Rupkey Says

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.
But for the September jobs report due Friday, Wall Street economists see a more persistent storm at play: The trade war and manufacturing recession. Those factors are starting to permeate the economy at a time when companies are already struggling with a shrinking pool of qualified workers.
The combination of forces has pushed down the median estimate for private payrolls to a gain of just 130,000 last month. That’s the weakest projection heading into a jobs report in seven years, outside of months affected by events such as major storms or the shutdown. Estimates for total nonfarm payrolls are higher, at 148,000, because of an expected boost from temporary census hiring.

A reading that’s even weaker than predicted would probably boost investor expectations that the Federal Reserve will cut interest rates Oct. 30 for a third straight meeting and potentially again in December, completing a reversal of all four hikes from 2018. It may also force Fed officials to rein in their assessment of the labor market, which they’ve labeled as “strong” in policy statements as recently as September.
For President Donald Trump, who has repeatedly pinned any economic weakness on the central bank, a sluggish labor market could pose a threat to his reelection in 2020. Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018.
U.S. stocks slumped 3% in the last two days amid dour economic data. On Tuesday, the Institute for Supply Management said its factory index fell deeper into contraction in September with the worst reading in a decade, while the employment gauge hit a three-year low. Meanwhile, companies’ hiring was the slowest in three months, according to a report from private data provider ADP. ...

Moron! Unemployment hust hit a 30 year low. Now pack your lying ass outta here, asshole.

 

[Thunk]

Since the start of his 2nd year in office the markets are stagnant.

That's true. But there is alot pending that can/will make the economy skyrocket but the democrats are holding it up.

A vote on the USMCA to replace NAFTA (still waiting).
Infrastructure funding (still waiting).
Fixing immigration laws (hasn't even begun).
Indexing capital gains taxes to inflation (that would be friggan massive)!
And alot more!

 

[Brain357]

Unemployment is the shining star of this economy. That goes and it will be ugly. We will see if it survives the manufacturing recession.

 

[Oddball]

 

[The Purge]

US unemployment rate falls to five-decade low of 3.5%
A more encompassing measure that includes discouraged workers and the underemployed also fell, declining 0.3 percent points to 6.9 percent, meeting its lowest in nearly 19 years and just off the all-time low of 6.8 percent.1 hour ago

New York Post › 2019/10/04
US unemployment rate falls 3.5%, a five-decade low - New York Post


OUR SCUMBAG COMMUNISTS, MOST POSTING ABOVE ME SPREADING THE "WE HATE AMERICA" ATTITUDE......HEY CUM DROPS 3.5% UNEMPLOYMENT

CAN WE GET "WAY TO GO TRUMPONOMUCS"!!!!!!!!!!
of course not....they rather see America FAIL than give Trump credit!

 

[Oddball]

US unemployment rate falls to five-decade low of 3.5%
A more encompassing measure that includes discouraged workers and the underemployed also fell, declining 0.3 percent points to 6.9 percent, meeting its lowest in nearly 19 years and just off the all-time low of 6.8 percent.1 hour ago
View attachment 282809
New York Post › 2019/10/04
US unemployment rate falls 3.5%, a five-decade low - New York Post


OUR SCUMBAG COMMUNISTS, MOST POSTING ABOVE ME SPREADING THE "WE HATE AMERICA" ATTITUDE......HEY CUM DROPS 3.5% UNEMPLOYMENT

CAN WE GET "WAY TO GO TRUMPONOMUCS"!!!!!!!!!!
of course not....they rather see America FAIL than give Trump credit!

I don't believe that it's "Trumpinomics" as much as it is that there is no longer an open Marxist in the WH, with a track record of changing the rules at the drop of a hat.

This also lends a plausible explanation as to why the economy started trending upward in the last year of Oboing's regime...He was too busy taking his self-aggrandizing little lame duck victory laps than anything else, so the producers got back to producing.

 

[Harpy Eagle]

Since the start of his 2nd year in office the markets are stagnant.

That's true. But there is alot pending that can/will make the economy skyrocket but the democrats are holding it up.

A vote on the USMCA to replace NAFTA (still waiting).
Infrastructure funding (still waiting).
Fixing immigration laws (hasn't even begun).
Indexing capital gains taxes to inflation (that would be friggan massive)!
And alot more!

The USMCA is nothing more than a tweak of NAFTA. It will not have any significant immediate impact on the economy and the long term will be minimal.
Neither party has submitted an infrastructure bill.
Immigration has been kicked down the road for 30 year, again a bi-party failing, not just one.

 

[The Purge]

US unemployment rate falls to five-decade low of 3.5%
A more encompassing measure that includes discouraged workers and the underemployed also fell, declining 0.3 percent points to 6.9 percent, meeting its lowest in nearly 19 years and just off the all-time low of 6.8 percent.1 hour ago
View attachment 282809
New York Post › 2019/10/04
US unemployment rate falls 3.5%, a five-decade low - New York Post


OUR SCUMBAG COMMUNISTS, MOST POSTING ABOVE ME SPREADING THE "WE HATE AMERICA" ATTITUDE......HEY CUM DROPS 3.5% UNEMPLOYMENT

CAN WE GET "WAY TO GO TRUMPONOMUCS"!!!!!!!!!!
of course not....they rather see America FAIL than give Trump credit!

I don't believe that it's "Trumpinomics" as much as it is that there is no longer an open Marxist in the WH, with a track record of changing the rules at the drop of a hat.

This also lends a plausible explanation as to why the economy started trending upward in the last year of Oboing's regime...He was too busy taking his self-aggrandizing little lame duck victory laps than anything else, so the producers got back to producing.

Yup...and almost 3 years after the Marxist muslim leaves...he is still lying!

 

[Thunk]

The USMCA is nothing more than a tweak of NAFTA. It will not have any significant immediate impact on the economy

That is so incorrect I don't even know how to respond.

It's like saying the grass is not green!

 

[Harpy Eagle]

The USMCA is nothing more than a tweak of NAFTA. It will not have any significant immediate impact on the economy

That is so incorrect I don't even know how to respond.

It's like saying the grass is not green!

You do not know how to respond because are ignorant of the facts.

There were no major changes, hell the name change was the biggest change and is getting to be first was the largest concession given to us.

Even the White House is only claiming it will create 176,000 jobs over the 16 year life span of the agreement

 

[Claudette]

The economy is spiraling down and Trump is clueless. Correction, his decision-making gut is clueless.

Job creation is spiraling down and manufacturing is in recession.

"Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018."

The stock market is wobbling with a big Trump slump likely. Mnuchin is better suited to trimming garden hedges than managing the US economy.

Barack Obama we really miss you. The evil clown Trump is crashing the economy and the ship of state.

Bloomberg - Are you a robot?

U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months
By Katia Dmitrieva
October 3, 2019, 4:00 PM GMT+7 Updated on October 3, 2019, 7:57 PM GMT+7

Private payrolls gain seen at 130,000 as trade hampers growth
‘It’s starting to roll into one big ball of negativity’

We Are Primed for a Third Fed Rate Cut, Economist Rupkey Says

The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown.
But for the September jobs report due Friday, Wall Street economists see a more persistent storm at play: The trade war and manufacturing recession. Those factors are starting to permeate the economy at a time when companies are already struggling with a shrinking pool of qualified workers.
The combination of forces has pushed down the median estimate for private payrolls to a gain of just 130,000 last month. That’s the weakest projection heading into a jobs report in seven years, outside of months affected by events such as major storms or the shutdown. Estimates for total nonfarm payrolls are higher, at 148,000, because of an expected boost from temporary census hiring.

A reading that’s even weaker than predicted would probably boost investor expectations that the Federal Reserve will cut interest rates Oct. 30 for a third straight meeting and potentially again in December, completing a reversal of all four hikes from 2018. It may also force Fed officials to rein in their assessment of the labor market, which they’ve labeled as “strong” in policy statements as recently as September.
For President Donald Trump, who has repeatedly pinned any economic weakness on the central bank, a sluggish labor market could pose a threat to his reelection in 2020. Currently the U.S. is on track to add about 1.9 million jobs this year, which would be the smallest gain since 2010 and down from 2.7 million in 2018.
U.S. stocks slumped 3% in the last two days amid dour economic data. On Tuesday, the Institute for Supply Management said its factory index fell deeper into contraction in September with the worst reading in a decade, while the employment gauge hit a three-year low. Meanwhile, companies’ hiring was the slowest in three months, according to a report from private data provider ADP. ...

Did you ever use your brain cells, the few that work, and realize that everyone in America who wants a job. Has a job. UE is 3.5%.

You sure are one stupid brainless lefty loon.

 

[Denizen]

They are trying to talk us into a recession...which is possible if enough people believe their bullshit!

Think about that.

The hatred for this president is so intense they would gladly harm all of us just to make Trump look bad.

The jobs report today came in at 1000 over expectations.
The stock market is up over 30% since Trump was elected president.

As long as china thinks Trump will be impeached...they are NOT going to make a trade deal with him. That is sabotage that is hurting us all!

Not sabotage of Trump...sabotage of our country and all of us!

Donald Trump is the saboteur of the American economy. Trump is incompetent and demented. The world is in chaos economically, financially, and socially.

Donald Trump has turned farmers into beggars, manufacturing is declining, jobs are declining. The downard economic spiral is in progress.

The Middle East is in danger of further chaos as Egypt, Iraq, and Lebanon slide into a popular insurgency.