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.

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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

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