Trump Effect: Private Employers Added Just 77,000 Jobs In February, Far Below Expectations

[Captain Caveman]

Employment up 142,000 in August 2024​

​

Job change/growth, was only 37,000 in August 2024. Biden wiped 28,000 off in October.

 

[sealybobo]

Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday.

Companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the 148,000 Dow Jones consensus estimate, according to seasonally adjusted figures from ADP.

The total was the smallest increase since July and comes at a time when worries are rising that economic growth is slowing and worries brew that President Donald Trump’s tariff plans will spark another round of inflation. ADP said annual pay rose 4.7% in February, the same as the prior month.

Stock market futures lost some of their gains following the release while Treasury yields were mixed.

https://www.cnbc.com/2025/03/05/adp-jobs-report-february-2025-.html[/U

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[QUOTE="g5000, post: 36358342, mem...O MIKE. You ripped off the bandaid too soon!

 

[sealybobo]

Employment up 142,000 in August 2024​

​

Then-candidate Donald Trump, at a campaign rally last August as the 2024 race for the White House was heating up, made a promise to voters to quickly bring economic relief if elected.

"Starting on Day 1, we will end inflation and make America affordable again," he said at a rally in Montana, where he told supporters: "This election is about saving our economy."

Our economy didn't need saving. All we needed was for CEO's to start giving their poorest workers raises. Without making them have to organize into unions.

 

[sealybobo]

Comparing apples to oranges .. dipshit.

Let's compare candidate trump to President Trump

"When I win, I will immediately bring prices down," Trump said at the time.

Trump started to change his tune not long after his victory, however, saying in an interview with Time magazine, published in December, that bringing down food costs will be "very hard."

 

[Lesh]

Employment up 142,000 in August 2024​

​

Alternate facts…

 

[westwall]

Private sector job creation slowed to a crawl in February, fueling concerns of an economic slowdown, payrolls processing firm ADP reported Wednesday.

Companies added just 77,000 new workers for the month, well off the upwardly revised 186,000 in January and below the 148,000 Dow Jones consensus estimate, according to seasonally adjusted figures from ADP.

The total was the smallest increase since July and comes at a time when worries are rising that economic growth is slowing and worries brew that President Donald Trump’s tariff plans will spark another round of inflation. ADP said annual pay rose 4.7% in February, the same as the prior month.

Stock market futures lost some of their gains following the release while Treasury yields were mixed.

https://www.cnbc.com/2025/03/05/adp-jobs-report-february-2025-.html

As predicted, a Trump victory is a punch in the face for the US economy.

As opposed to bidens fraudulent job claims by hiring ever more government workers which is ALWAYS a net drain on an economy.

 

[struth]

Let's compare candidate trump to President Trump

"When I win, I will immediately bring prices down," Trump said at the time.

Trump started to change his tune not long after his victory, however, saying in an interview with Time magazine, published in December, that bringing down food costs will be "very hard."

And the price of gas and eggs have started coming down! And he’s only been in office less than two months! Winning

 

[whitehall]

Funny how nobody ever criticized Obama when the freaking world's economy collapsed in 08 when Fannie Mae went under during the leadership (or lack of it) of banking committee chairperson Barney Frank. The media ignored it.

 

[Tumblin Tumbleweed]

It's now his economy. I don't think tariffs on, now off, now on, now off is helping things. Make a decision and stick with it. That part is befuddling.

He's incompetent.

 

[westwall]

He's incompetent.

That was your candidate.

 

[sealybobo]

Alternate facts…

Here's some alternative facts

"Tariffs are about making America rich again and making America great again. And it's happening, and it will happen rather quickly. There will be a little disturbance, but we're okay with that. It won't be much," he said.

European Union Fires Back At Trump's Tariffs, Targeting Republican Strongholds​

Motorcycles, bourbon, peanut butter and jeans will also be hit, as they were during President Donald Trump's first term.

The European Union on Wednesday announced retaliatory trade action with new duties on U.S. industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%.
The world’s biggest trading bloc was expecting the U.S. tariffs and prepared in advance

taxes on imports — are aimed at products made in Republican-held states, such as beef and poultry from Kansas and Nebraska and wood products from Alabama and Georgia.

“As the U.S. are applying tariffs worth 28 billion dollars, we are responding with countermeasures worth 26 billion euros,”

Wall Street Falls In A Manic Day After Briefly Dropping More Than 10% Below Its Record​

Global market volatility and geopolitical turbulence in the wake of President Donald Trump’s return to the White House have led to warnings that the U.S. economy could be heading for a recession.

 

[Tumblin Tumbleweed]

That was your candidate.

No it wasn't. Cut the bullshit.

 

[sealybobo]

And the price of gas and eggs have started coming down! And he’s only been in office less than two months! Winning

The price of eggs went up to $10 a carton. So don't brag that the price of eggs went back down to normal. What did he do to make that happen? Other than what Kamala said she would do. I notice he did what she said she would do when she was campaigning. You guys argued with her idea. Now Trump is doing what she said.

You guys are pathetic.

 

[westwall]

No it wasn't. Cut the bullshit.

Yeah, it was. Stupid ***** can't even put two coherent sentences together.

 

[Tumblin Tumbleweed]

Yeah, it was. Stupid ***** can't even put two coherent sentences together.

I didn't vote for the 'stupid *****' you ******* tard. Cut the bullshit.

 

[struth]

The price of eggs went up to $10 a carton. So don't brag that the price of eggs went back down to normal. What did he do to make that happen? Other than what Kamala said she would do. I notice he did what she said she would do when she was campaigning. You guys argued with her idea. Now Trump is doing what she said.

You guys are pathetic.

The price of eggs has dropped below it was when xiden left office

Winning

 

[sealybobo]

The price of eggs has dropped below it was when xiden left office

Winning

How much did Republicans have to give Egg producers to lower the prices and stop making them look bad?

Late last month, Rollins announced that the Department of Agriculture would spend $1 billion to lower egg prices

You care so much about the debt right? We just spent $1 billion dollars to get egg prices back to where they were on Biden's watch. Great job!

 

[John Edgar Slow Horses]

So when job growth in Aug 2024 was 37,000 and October was -28,000, what's your analysis of that? If 77,000 is a punch in and face, 37,000 and -28,000 must be right kick in the bollocks.

We are talking about now. Trump said he would fix things. He is not.

 

[justoffal]

Qualifier "Private Employers"

Nice frame job, g5. Don't quit your day job.

Yeah....77,000 ACTUAL JOBS

 

[justoffal]

We are talking about now. Trump said he would fix things. He is not.

I'm sure the impeachment will begin the day after the midterms.