Big Slowdown for U.S. Economy, With Gain of 98,000 Jobs

[spanone]

the weakest showing for the economy in nearly a year.

The Labor Department released hiring and unemployment figures for March. It is the latest official snapshot of the state of the American economy.

The Numbers

• 98,000 jobs were added last month. Economists had been anticipating a gain of about 180,000 jobs for the month.

• The unemployment rate was 4.5 percent, down from 4.7 percent in February.

• The average hourly wage grew by 0.2 percent.

The Takeaway

Hiring in March was expected to drop after the monthly gains of more than 200,000 in the two previous months, but this marks the weakest showing for the economy in nearly a year. Although it represents just one month’s data, it will raise questions about whether improving business sentiment is actually translating into any meaningful action by employers.

https://www.nytimes.com/2017/04/07/business/economy/job-creation-unemployment-trump.html

[Guy Whitey Corngood]

1. Is Dickless gonna take credit for this one now? nt

[spanone]

2. you know he'll blame it on someone else. he only takes credit when it's good news.

[Guy Whitey Corngood]

3. "Rigged!! Sad!". nt

[greatauntoftriplets]

4. Cannot wait to see how drumpf will spin this

Blame it on President Obama?

[workinclasszero]

5. Now the Obama economy is going to get killed by the republicans

Redstate Amerika couldn't see that coming eh?

[spanone]

6. Clinton left junior a surplus....i imagine our economy will be in shambles in four years

[workinclasszero]

10. I would bet my life on it

The republican party is made up of disaster capitalists, self hating idiots and theocratic religious fanatics.

But the disaster capitalists pull all the strings, they will loot this economy that President Obama and the democratic party build from the ashes of the Bush depression.

Count on that.

[Hugin]

7. It'll be better next month when they replace the $89 Million worth of Tomahawk missiles they...

Bounced off of a yards thick reinforced concrete runway last night to little effect. So, I get it now. It's a "jobs program".

[spanone]

9. he took credit for last months good numbers....i'll bet these will be Obama's numbers.

[Cosmocat]

8. Being the petulant children wall street is

We have been on a 45 sugar high for the first quarter.

The market was already fairly over inflated, it is now well past that point.

And, there are going to be some repercussions to a lot of the bullshit 45 has already enacted - loss of revenue from people traveling to visit in the US, mucking up international travel generally and we are going to feel the pain of labor shortages with all of the jack boot bullshit on illegals as the growing season progresses, etc.

If gas prices spike ...