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November Jobs Report: Economy Adds 228,000 Jobs; Unemployment Steady (npr.org)

An anonymous reader shares an NPR report: The U.S. economy added 228,000 jobs in November, according to the monthly jobs report from the Bureau of Labor Statistics. The unemployment rate remained steady at 4.1 percent, unchanged from October. "Employment growth has averaged 174,000 per month thus far this year, compared with an average monthly gain of 187,000 in 2016," the agency's Acting Commissioner William J. Wiatrowski said of the report. The number of unemployed people was "essentially unchanged at 6.6 million," the bureau said. Of that number, 1.6 million are considered to be long-term unemployed -- workers who have not had jobs for 27 weeks or more. "Among the major worker groups, the unemployment rate for teenagers increased to 15.9 percent in November," the Bureau of Labor Statistics said. Other groups saw little change from the previous month. As for wages, the agency says, "In November, average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents to $26.55. Over the year, average hourly earnings have risen by 64 cents, or 2.5 percent."

7 of 119 comments (clear)

  1. Re:And this is news for nerds how? by ScentCone · · Score: 3, Insightful

    Well, if you don't have the reading comprehension skills to see that they're talking especially about manufacturing jobs, then I suppose that might explain why your who notion of employment revolves around wearing a Walmart smock.

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    Don't disappoint your bird dog. Go to the range.
  2. Re:So why are we trying to kick people out of the by ScentCone · · Score: 4, Insightful

    Really. So you think that the people who sneak across the border and are up for deportation because they've committed crimes are the ones that would be eligible for higher paying jobs in the sectors we're talking about?

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    Don't disappoint your bird dog. Go to the range.
  3. Re:The U.S. economy added 228,000 jobs in november by XxtraLarGe · · Score: 4, Insightful

    Compared to the size of the population, isn't that a rounding error at best?

    Not for 228,000 those people. Besides, not all people work. You have retirees, permanently disabled & children that don't participate in the workforce, so the impact is more significant that you might think, especially since it's just one month.

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    Taking guns away from the 99% gives the 1% 100% of the power.
  4. Re:The U.S. economy added 228,000 jobs in november by jellomizer · · Score: 4, Insightful

    This has been the rate of growth for about 8 years now, with most of it being under Obama.
    Don't hide from numbers just because the party that you don't like is in power, and they are showing good numbers that will make elections tight for next year.

    We know that voters will vote with their wallet as the prime consideration. Now we have real problems, that are not being reflected by the economy. However ignoring the numbers, will not help push the agenda, you need to recognize the truth and work with it.

    Companies are currently optimistic about how the republicans are deregulating everything. Thus driving a renewed expression of growth.

     

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    If something is so important that you feel the need to post it on the internet... It probably isn't that important.
  5. Re:The U.S. economy added 228,000 jobs in november by AmazingRuss · · Score: 4, Insightful

    Voters don't vote with their wallet... they vote for whoever promises to shit on the people they don't like, and they don't care if they get shit on a little too.

  6. Re:And this is news for nerds how? by sycodon · · Score: 4, Insightful

    Which is actually rather stupid.

    Without competent people to receive materials and inspect them, the business is dead in the water. My company had had quite a hard time finding competent people who can understand the manufacturing system, the various technicalities required to inspect materials for conformity, etc. Without these people, product could not be built.

    Same for shipping. We have no less than 6 major shipping companies we use. Each has separate packing requirements, documentation requirements, schedules and rates. Add to that the fact that the product is highly sensitive and requires reams of documentation, and special handling and packaging. While it's no rocket science, it's definitely not burger flipping.

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    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
  7. CNN: Strong jobs report: Unemployment rate 17y low by raymorris · · Score: 3, Insightful

    I found the CNN headline interesting:

    Another strong jobs report: Unemployment rate remains at 17-year low

    This on CNN's front page, with their usual "impeach Trump!" stuff above and below. CNN continued:
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    The report also showed that on average weekly paychecks increased by 3.1% over the last 12-months, the first time that reading has topped 3% in nearly seven years
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    When CNN feels obligated to mention that paychecks are rising faster than they have since Bush budgets, that's interesting.