November Jobs Report -- Making America Great Again -- One Has To Ask: What Was Obama Doing For Eight Years? -- December 8, 2017

Not being widely reported: unemployment rate among Hispanics is 4.7% -- lowest on record in the US, via Twitter.


Jobs report for November:

• forecast: nonfarm payrolls grow by 200,000
• actual: nonfarm payrolls grow by 280,000
• unemployment rate holds steady at 4.1%
• wage growth disappoints: forecast for 2.7% growth; actual, 2.5%
• U6 (now being reported by the mainstream media; a data point not reported during the Obama administration: 8% (up 0.1%)
• not in the labor force: edged higher by 35,000 to 95.4 million

Or more bluntly: jobs report crushes expectations!

• the unemployment rate held at a 17-year low
• manufacturing sector added 31,000 jobs; manufacturing unemployment rate fell to a record-low 2.6%

2.2 million new jobs since election: Gateway Pundit

• President Trump's economy is simply "on fire"
• after the same period under President Obama, 4.8 million jobs were lost, and unemployment skyrocketed to 9.9%
• according to the Bureau of Labor Statistics: under President Trump more Americans are in the work force than ever before
• over 160 million Americans are working for the first time in US history
• ADP reported 40,000 new manufacturing jobs in November: this was the highest monthly amount of new manufacturing jobs in the history of their report

With regard to the "magic numbers":

For "new jobs," 125,000 will be the new "base." The final number under the Obama administration, was 156,000. Even though 156,000 was described as "tepid" by The New York Times, it was associated with economic growth.

Now, June 2, 2017 (the Trump administration), Steve Liesman (and others) suggest that 121,000 is a fine number. 

Again, one needs to ask: what was Obama doing for eight years.

We would not have seen these numbers under a Hillary administration.

The worst the mainstream media could find in this report? U6 ticked up 0.1%, a date point that was not reported by the mainstream media during the Obama administration.

Trump, during the campaign, said he would do this.

Former President Obama is being schooled.