Author Topic: Manufacturing Industry Sector Posts Largest Gains In Two Decades…  (Read 1626 times)

0 Members and 1 Guest are viewing this topic.

Offline HAPPY2BME

  • Hero Member
  • *****
  • Posts: 5617
  • Reputation: +100/-231
  • For The People And By The People
In the latest Bloomberg News report on the labor market, Bloomberg buried the lede:

    […]  Goods-producing industries, which include mining, construction and manufacturing, added 95,000 jobs in February, the most since 2000.

What many people do not realize is the scope of four decades of lies being sold by politicians and political operatives, who are espousing the sales pitch of globalists, and who constructed the second (Wall Street) corporate paper economy around the premise of off-shoring manufacturing and industrial jobs.

Back to the Jobs Report:

    (Bloomberg) […] Employers added an above-forecast 235,000 positions in February, while measures of joblessness and underemployment improved, the Labor Department’s monthly report showed on Friday. Wage growth picked up and the share of prime-age Americans in the labor force rose to the highest since 2011, suggesting the economy’s strength is drawing people off the sidelines.

    Analysts expect wage gains to gradually accelerate further, which will underpin consumer spending, the principal driver of economic growth, amid a first quarter that’s looking tepid.

    “If you dig a bit deeper, there are three strong reasons for optimism: in the weather-adjusted data, in the wage growth and in the unemployment and participation rate,” said Gregory Daco, head of U.S. macroeconomics at Oxford Economics in New York.

    Daco estimated that “weather-sensitive sectors” added about 75,000 jobs in February. Construction jobs rose by 58,000, the strongest gain in almost a decade, and followed a 40,000 increase in January.

    […]  Goods-producing industries, which include mining, construction and manufacturing, added 95,000 jobs in February, the most since 2000.

    […]  Consumer and business optimism for the economy have surged since Trump’s election…

    Another measure of labor market slack, the U-5 rate, fell to 5.7 percent from 5.8 percent, matching the lowest level since 2007. Cited as an alternative indicator by Treasury Secretary Steven Mnuchin, the rate includes discouraged workers as well other so-called marginally attached workers, who aren’t working or actively looking for work but want a job.

    The U-6, or underemployment rate, fell to 9.2 percent, which matched the lowest figure since 2008. That rate also includes part-time employees who want full-time work.


https://theconservativetreehouse.com/2017/03/10/jobs-report-manufacturing-industry-sector-posts-largest-gains-in-two-decades/

Offline SVPete

  • Hero Member
  • *****
  • Posts: 16202
  • Reputation: +940/-174
Re: Manufacturing Industry Sector Posts Largest Gains In Two Decades…
« Reply #1 on: March 11, 2017, 08:05:56 AM »
Let me see if I can put this simply and coherently:

Adding manufacturing capacity - PP & E and people - is expensive and entails risk. If companies believe a country's government is hostile and out to get them, they won't risk growing their manufacturing there. OTOH, if companies believe a country's government will work with them in protecting everyone's interests, they'll risk growing their manufacturing there.
Facts don't matter to DUpipo

Note to "Warpy": I voted for Donald Trump! I would do so again!

Big CHEETO is WATCHING You!

Offline HAPPY2BME

  • Hero Member
  • *****
  • Posts: 5617
  • Reputation: +100/-231
  • For The People And By The People
Re: Manufacturing Industry Sector Posts Largest Gains In Two Decades…
« Reply #2 on: March 11, 2017, 12:44:57 PM »
Let me see if I can put this simply and coherently:

Adding manufacturing capacity - PP & E and people - is expensive and entails risk. If companies believe a country's government is hostile and out to get them, they won't risk growing their manufacturing there. OTOH, if companies believe a country's government will work with them in protecting everyone's interests, they'll risk growing their manufacturing there.

====================================

Let me see if I can put this simply and coherently:

The neocon globalist rinos have sold their souls and the American Worker and have joined in lock step with the socialist democrats and outsourced at least 25% of American wealth over the last 25 years. 

The other half of their plan of allowing, protecting, defending, enabling, funding, and sponsoring between 15 and 20 million illegal aliens from Mexico proves where their loyalties lie, and it is NOT with the American worker.