- participation rate: increased 63%; highest since last March -- smashing success (this statistic was buried near the end of the article -- I guess there was just too much good news to get into the lede)
- "the number of people out of work, a figure repeatedly highlighted by Trump as a sign of economic malaise, fell by 176,000" -- Bloomberg
- payrolls gain 235,000 (forecast for 190,000) -- smashing success
- average hourly earnings increased almost 3% -- smashing success
- jobless rates ticks down to 4.7% -- smashing success
- the 235,000 increase followed a 238,000 rise in January -- smashing success
- numbers coincide with surge in economic optimism -- smashing success
- closer and closer to full employment, Moody's -- yes, smashing success
- private employment; biggest gain since July, 2016 -- again, smashing success
- construction jobs rose by 58,000, the strongest in almost a decade, that would be the entire Obama administration, a trillion dollars in stimulus, and another ten trillion dollars in debt
- manufacturing payrolls gained 28,000, the most since August, 2013, which was the second Obama term
- retail positions fell by 26,000 -- tectonic changes in the way Americans shop
- global warming had much to do with this -- I can't make this stuff up - that's what Bloomberg says
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The Bull Market
Previously posted:
The bull market, in four data points:
- the market low was in early 2009 just after Barack Obama takes office
- four years later, in 2013, the S&P is back to where it was when George Bush left office
- by 2016, three years later, the S&P rose 13%; most of it coming in the last year when we finally had hope and change -- President Obama was on his way out
- between November 2016 and today, about four months, the S&P has surged 31%
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Friendship Day At Middle School Today
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