Saturday, January 11, 2025

US Hiring Grows at Robust Pace, Indicating Trump Inherits Healthy Economy

U.S. hiring grew at a robust pace in December, far exceeding economists' expectations and demonstrating the health of the nation's economy days before it transfers to the stewardship of President-elect Donald Trump.

Posted by reinheitsgebot at 08:34 AM | 38 COMMENTS | permalink

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Biden: "In four years, the economy created 16.6 million new jobs, the most in any single presidential term. We've created jobs every single month I was in office ... the economy I'm leaving is the best in the world."

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-- Aaron Rupar (@atrupar.com) January 10, 2025 at 6:23 PM

Comments

Appreciate this sort of thing while it's still possible to do so.

#1 | Posted by Zed at 2025-01-10 12:26 PM

Employers added 256,000 workers last month, surpassing economist expectations of 155,000 jobs added, U.S. Bureau of Labor Statistics data on Friday showed. The unemployment rate ticked down to 4.1%, which is historically low.

How long will it take for the bankruptcy-prone felon to crank up the unemployment rate to 15% again?

#2 | Posted by reinheitsgebot at 2025-01-10 12:27 PM

Not to worry. Trump has plans to fire thousands of government employees in order to pass a tax cut for billionaires.

#3 | Posted by ClownShack at 2025-01-10 12:28 PM

Pres-elect Trump is going to inherit a strong labor market from Pres Biden.

What the Trump administration does with (or to) that strong labor market remains to be seen.


#4 | Posted by LampLighter at 2025-01-10 01:05 PM

It's hard to believe 77 million ----- voted for this epic failure.

finance.yahoo.com

#5 | Posted by reinheitsgebot at 2025-01-10 01:08 PM

Yep, just a dem rip-roaring economy

More U.S. companies have gone bankrupt in 2023 so far than all of 2022 or 2021
www.marketwatch.com

Here are 12 well-known companies that went bankrupt in 2024
www.cnn.com

Macy's, Kohl's announce nationwide store closures: Here's where
thehill.com

High inflation made finances worse for 65% of Americans last year www.cnn.com

Where is the 'news' that libbie/prog dems believe -- then there is the reality......

Have a nice day : )

#6 | Posted by MSgt at 2025-01-11 09:46 AM

Here's a little more 'great economy' news:
www.npr.org

#7 | Posted by MSgt at 2025-01-11 09:48 AM

#7 | Posted by MSgt

The US economy had one major crash under Donald. Our inflation is an effect of that.

We will have another such crash, because Donald can't help himself; and more inflation.

Only a fool would doubt that.

#8 | Posted by Zed at 2025-01-11 09:54 AM

Mastersap longs for the days of the orange pedo's 15% unemployment rate.

#9 | Posted by reinheitsgebot at 2025-01-11 10:17 AM

There must be some manipulation of data and definition of terms for you to come to 15% unemployment rate LOL.

#10 | Posted by boaz at 2025-01-11 10:22 AM

This is exactly why Trump won. You liberals preaching fake data as opposed to those of us who arent in your----------- of progressivism. But you keep doing this, you will never get into power again.

#11 | Posted by boaz at 2025-01-11 10:23 AM

Don't worry. By March of this year, we'll be assured that the economy is strong, growing and will only get better under Trump.

#12 | Posted by jpw at 2025-01-11 10:26 AM

This is exactly why Trump won. You liberals preaching fake data

This is why you're an idiot who fell for a conman like Trump.

You make s*&^ up to fit your confirmation bias and are too stupid to realize you're doing it.

Just accept that you're clueless, dips*^%, and let your betters take care of things as they always have.

#13 | Posted by jpw at 2025-01-11 10:27 AM

For bozo.

www.bls.gov

#14 | Posted by reinheitsgebot at 2025-01-11 10:49 AM

#14 | Posted by reinheitsgebot

I appreciate you posting that stat.

But BOAZ lived through that time exactly like I did.

He knew it already.

#15 | Posted by Zed at 2025-01-11 10:56 AM

Whats more amazing is 80 million didn't vote at all.
These are the people that will whine the most.
We deserve what we get.

#16 | Posted by bat4255 at 2025-01-11 12:02 PM

The best thing King Dotard II can do at this point is to play a lot of golf, and keep his mouth shut. From my view in the investment world I see the following:
-Jay Powell and the Fed did a great job in the last four years. Soft landing? There was no landing. The US economy plugged along and then got stronger, with excellent equity markets, strong employment and wage growth
-if the new administration is successful in running out a small fraction of the illegals in this country it will be felt in most Red states. If half of the goal of 11 million deportations happens, the construction and hospitality industries will seize up and the US economy will fall into recession
-DOGE will be forgotten but the Trump I tax breaks will be extended and the deficit will soar, as will interest rates
-most of the economic policies discussed publicly by the new administration will spark inflation and wages will again lag, so many MAGA party candidates will be easy targets in 2026, if those elections take place
-if Dotard II tries to fire Powell the bond market (the most powerful force in the world) will freak out and interest rates will soar. Home purchases will stop.

Diamond Joe will get credit for the economy from 2022-24 in a year or so. The new guy will blame his predecessor for the actions taken after the inauguration. Hands off is what all should hope for ...

#17 | Posted by catdog at 2025-01-11 12:22 PM

Don't worry. By March of this year, we'll be assured that the economy is strong, growing and will only get better under Trump.

#12 | Posted by jpw at 2025-01-11 10:26 AM | Reply | Flag:

Only the morons are saying that. You know why? Because everyone else knows we're on Biden's ------ budget until October.

#18 | Posted by lfthndthrds at 2025-01-11 12:29 PM

Putin's butt ----- economy was a clustertrump.

www.businessinsider.com

#19 | Posted by reinheitsgebot at 2025-01-11 12:39 PM

This is exactly why Trump won. You liberals preaching fake data as opposed to those of us who arent in your----------- of progressivism.

I hit nw by accident. But it's kinda newsworthy. But ends in a funny.

It just proves that Trump actually won because we live in information bubbles.

And this was the funny part:

But you keep doing this, you will never get into power again.

#11 | POSTED BY BOAZ

The pendulum swings like the pendulum do..

The world will look very different two years from now. And Trumpy has made a lot of promises and threats. And I will just bet they don't all work out like you maggats think they will. So you thinking Dems will never be in power again is so naive and very funny.


#20 | Posted by donnerboy at 2025-01-11 01:18 PM

you will never get into power again.
#11 | POSTED BY BOAZ

Why? Because republicans are fascists and over turn election results when they lose. Like the fascist state of North Carolina?

Fkkk off Boaz. You hate democracy and America.

You pos.

#21 | Posted by ClownShack at 2025-01-11 01:29 PM

everyone else knows we're on Biden's ------ budget until October.

#18 | Posted by lfthndthrds

So, Donald recession in 01/2026?

#22 | Posted by Zed at 2025-01-11 01:35 PM

If the economy were an airplane, Biden has augered it straight into ground such that only the tail remains standing straight up out of the crater. That is point at which Trump will take over.

#23 | Posted by visitor_ at 2025-01-11 04:24 PM

The------------- killed the economy as efficiently as he choked out Herman Cain.

#24 | Posted by reinheitsgebot at 2025-01-11 04:26 PM

You hate democracy and America.

America isn't a mob democracy. You haven't learned that yet?

#25 | Posted by boaz at 2025-01-12 10:06 AM

America isn't a mob democracy. You haven't learned that yet?

#25 | POSTED BY BOAZ

No it's a representative democracy. As you have been reminded over and over.

Maga morons have taught us exactly what a mob can do.

And we all know who the "mob" are and who the mobsters are.

The mobsters are the ones who sent the mob to DC to attack the U.S. Capitol, the very center and heart of our Democracy.

#26 | Posted by donnerboy at 2025-01-12 11:40 AM

as usual....this thread starts out with a GD motha f / g LIE !!

-- a godammn lie that the American voter knew was a lie on Nov. 5 and voted accordingly

Biden: "In four years, the economy created 16.6 million new jobs......."

didn't get away with it then.........won't now....other than places like this....

#27 | Posted by shrimptacodan at 2025-01-12 11:56 AM

The------------- killed jobs like they were migrant children in his concentration camps.

www.usatoday.com

#28 | Posted by reinheitsgebot at 2025-01-12 12:00 PM

history lesson for you young punx...

H W Bush lost on economy......." it's the economy stupid" as Carvil puked out of his A whole mouth...

----by the inauguration of-------- bill the economy was on it's way and in fact pretty much righted itself.

and NO ONE on the godamm left said one f /g word about what Bill was "left with"..

but that level of dishonesty is as sure for leftist as a SIX is scored with Raven's RB Henry bearing down on you at the goal line

#29 | Posted by shrimptacodan at 2025-01-12 12:13 PM

Putin's bitch has been compared to Hoover because of his rancid economy. This is unfair to Hoover because he wasn't a rapist responsible for the deaths of 1.2 million Americans.

#30 | Posted by reinheitsgebot at 2025-01-12 12:19 PM

The------------- killed jobs like they were migrant children in his concentration camps.

www.usatoday.com

#28 | Posted by reinheitsgebo

running late on getting bets set but I'll ask one,...

what does this ALLEGED info have to do with biden's economy r than your insecurity...

and without looking at article.... if you and they are saying that when state after state closed down and

destroyed jobs because of covid was trumps fault.......I don't have time to discuss such stupid f /g shvt as that absurd f / g

lie.

#31 | Posted by shrimptacodan at 2025-01-12 12:28 PM

what does this ALLEGED info have to do with biden's economy

31 | Posted by shrimptacodan

What will anything Donald ALLEGES have to do with his own economy?

You're not going to tell us that Donald is not a liar?

You're not going to tell you that Donald doesn't lie about the least little thing?

#32 | Posted by Zed at 2025-01-12 12:34 PM

well shoot..

looks like it's gonna be a chalk wild card day.....

ALTHOUGH.........vokings / BUCCS Monday night.....money maker..

Vikings are great..BUT........Stafford is a stud / ...with a ring.-

--all you need is love...

-30 -

#33 | Posted by shrimptacodan at 2025-01-12 12:35 PM

-------------, how long will it take for the orange pedo to get his unemployment rate back into double digits again?

#34 | Posted by reinheitsgebot at 2025-01-12 12:40 PM

#32 | Posted by Zed

almost impossible to even comment on a topic that's filled with dishonesty / misinformation and f / g lies

take for example your use of the word "lies" itself....

--dozens if not more of the so called "lies" from DT are BS.

made up and stupid coitus manure idiocy,,,,

--"good people" / all migrants are rapists.,,,,,and the long list goes on....so HINDSIGHT IS 20 / 20....

--and so where can I find info ?...every source I looked at is one that lied to me ....and you....and the US voter

for almost 4 years that Biden was "fit to serve"...

---LET'S GO BRONCOS !!!

#35 | Posted by shrimptacodan at 2025-01-12 12:46 PM

Only the morons are saying that. You know why? Because everyone else knows we're on Biden's ------ budget until October.

#18 | Posted by lfthndthrds

LOL can't wait to rub your nose in this one.

Not going to age well...

#36 | Posted by jpw at 2025-01-12 06:42 PM

@#36 ... Not going to age well...

What aging?

VP-elect Vance today ...

Fox News Host Confronts JD Vance With Joe Biden's 'Good' Jobs Numbers
www.newsweek.com

... Fox News' Shannon Bream confronted Vice President-elect JD Vance with President Joe Biden's "good" recent job numbers in an interview that aired Sunday morning, but Vance doubled down on his view that Biden left him and President-elect Donald Trump a "dumpster fire" of an economy.

Newsweek reached out to the Trump-Vance transition team and the White House via email for comment on Sunday.

Why It Matters

Trump and Vance have vehemently criticized Biden's economic policies, with Trump being widely seen to have won the November 2024 election against Vice President Kamala Harris largely because of economic concerns from voters.

The president-elect promised to end inflation and "make America affordable again," on his campaign platform called Agenda 47 at a time when Americans were feeling the effects of high inflation, which hit both the United States and countries around the world after the COVID-19 pandemic.

What To Know

Bream mentioned some good economic news during her interview with Vance on Fox News Sunday.

U.S. employers defied expectations by adding 256,000 jobs in December 2024 from 212,000 in November 2024, according to data from the U.S. Department of Labor (DOL) released Friday. Meanwhile, the unemployment rate slightly decreased to 4.1 percent in December 2024 from 4.2 percent in November 2024.

"The December numbers were good. What kind of credit do you give him?" Bream asked Vance about Biden.

The vice president-elect said that he wished Biden "all the best, but the fact is he has left us a dumpster fire."

Vance said that prices are "way too high for many Americans," that Biden added "trillions and trillions of dollars to the federal debt" and that oil prices have skyrocketed during Biden's last two months in office. ...



#37 | Posted by LampLighter at 2025-01-12 06:54 PM

@#37 ... Vance said that prices are "way too high for many Americans," that Biden added "trillions and trillions of dollars to the federal debt" and that oil prices have skyrocketed during Biden's last two months in office. ...," that Biden added "trillions and trillions of dollars to the federal debt" and that oil prices have skyrocketed during Biden's last two months in office. ...

OK, let's take those one at a time ...

1) Vance said that prices are "way too high for many Americans,"

And what is the solution the incoming Trump admin plans to do? Cause a recession? Because when prices decline, that typically indicates the presence of a recession, with the resulting job losses.

Difference between the inflation rate and growth of wages in the United States from November 2020 to November 2024
www.statista.com

Since March 2023, wage growth has outpaced inflation.

2) Biden added "trillions and trillions of dollars to the federal debt"

Pres-elect Trump's proposed tax cuts for the wealthy. He wants to extend those tax cuts. Since they were enacted they added an estimate $2trillion dollars to the deficit.

3) oil prices have skyrocketed during Biden's last two months in office.

Interesting that VP-elect Vance chose "the last two months" to talk about, ignoring the drop from $102 in 2022 to $74 of late.


#38 | Posted by LampLighter at 2025-01-12 07:11 PM

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