General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums148,000 jobs, not good . They elected a non compos mentis autocrat for this.
BREAKING
Labor force participation unchanged at 62.7%. Deplorables said that number was terrible.
I'm watching CNBC. The Deplorables on the panel predicted 210,000 to 270,000 jobs, when they were wrong there were no mea culpas, only more bullshit.
burnbaby
(685 posts)mcar
(42,307 posts)Or thereabouts. One would think it'd be even higher in December due to retail hiring.
DemocratSinceBirth
(99,710 posts)Sherman A1
(38,958 posts)a bloodletting this year. It will likely be much worse than 2017 as the shakeout continues. Already we see Macy's and Sears announcing layoffs and store closings. There is much more to come.
Brainstormy
(2,380 posts)will be the death of retail.
Sherman A1
(38,958 posts)The overbuilding of Retail shopping areas, the leveraging of large chains buy those seeking short term gains, changing demographics, changing technology with more and more going online for such things as books, video and music. The Walmartization of the Retail Sector and many other factors.
Stores will continue to open with 2017 seeing almost 4000 doing so, but in many cases those are small Retailers with limited capital and expertise that will likely not weather more than a couple of years.
underpants
(182,788 posts)on the net number of people entering/leaving the workforce.
DemocratSinceBirth
(99,710 posts)December 2017 ADP Job Growth Is 250,000
http://www.talkmarkets.com/content/us-markets/december-2017-adp-job-growth-is-250000?post=161543
exboyfil
(17,862 posts)Stimulus package for disaster relief? You are right - this could be bad.
Boomerproud
(7,952 posts)Interesting to see if the investor class (aka Wall St) reacts negatively.
RhodeIslandOne
(5,042 posts)He gets all the best numbers, the greatest, the best.
Johnny2X2X
(19,060 posts)Still mostly Obama's economy in 2017, but job growth did slow from what Obama's economy produced in previous years.
The economy is strong overall right now though, it was left in great shape by the previous administration. It's going to take years to destroy it, but we've seen these policies destroy the economy before.