06
Feb
15

Jobs, Jobs, Jobs. Thanks, President Obama

****

****

B9KoU3aCIAEqyvv

****

Victoria Stilwell: Jobs Report Crushes It

The U.S. labor market leaped forward in January, capping the greatest three-month jobs gain in 17 years and delivering the biggest wage increase since 2008. Payrolls advanced by 257,000 last month following increases in December and November that were even bigger than previously reported, figures from the Labor Department showed Friday in Washington. The unemployment rate rose to 5.7 percent from 5.6 percent as more than a million Americans streamed into the labor force seeking work. The sustained employment gains are creating a virtuous cycle as Americans spend newfound incomes on goods and services. The growth in jobs will probably help assure Federal Reserve policy makers that the expansion is well-rooted and can withstand an increase in interest rates later this year.

“These are pretty amazing numbers,” said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts, and the top forecaster of payrolls over the last two years, according to data compiled by Bloomberg. “The January number is strong, but then you’ve got sizzling November and December numbers too. And then you’ve got the wage gains.” Average hourly earnings jumped 0.5 percent, the most since November 2008, from the prior month. They were up 2.2 percent over the past year, the biggest advance since August. Payroll gains averaged 336,000 over the last three months, the strongest since a comparable period ended in November 1997. A striking aspect of the report was a revision that added 147,000 jobs to the payroll tally for the previous two months, which also incorporated adjustments back to 2010. Employment in November was revised up to a 423,000 gain, the most since May 2010. Private payrolls, which exclude government agencies, soared 414,000 that month, the biggest advance since September 1997.

More here

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****

****


113 Responses to “Jobs, Jobs, Jobs. Thanks, President Obama”


  1. February 6, 2015 at 12:14 pm

    Good afternoon and good news!

  2. 5 amk for obama
    February 6, 2015 at 12:15 pm

    Great news. Congrats, Mr President.

    furst. #sosueme

  3. February 6, 2015 at 12:20 pm

    A most excellent job, Nerdy – see what I did there? 😎 Thank you sooooooo much Legend!

  4. February 6, 2015 at 12:23 pm

    ‘Just let that sink in’ is unforgivable 🙂

  5. 27 JER
    February 6, 2015 at 12:24 pm

  6. 28 Vicki
    February 6, 2015 at 12:27 pm

    What a sensational compendium of data. And reasons to celebrate.
    Thank you so much for this, Nerdy. Usually we wait until night time to see the days outstanding tweets.

    All this positive info is heartwarming on another frosty February day.

    What i keep thinking when I see 3.3 million jobs added in past year is that 3.3 million families are at the very least on the road to the life they want. A new paycheck in 3.3 million homes.

    Yesterday’s news item from Ford about how they needed to hire 1200 entry level workers and therefore 500 existing workers are seeing their hourly wage go from $19 to $28 is a part of a very good story unfolding now.

    • 29 amk for obama
      February 6, 2015 at 12:50 pm

      3.3 million jobs added in past year is that 3.3 million families are at the very least on the road to the life they want. A new paycheck in 3.3 million homes.

      THIS.

  7. 30 GGail
    February 6, 2015 at 12:29 pm

    Hyperventilation
    Consult a doctor if you have a medical concern.
    Hyperventilation is rapid or deep breathing that can occur with anxiety or panic. It is also called over breathing, and may leave you feeling breathless.

    NW – this Post has to come with Warning signs. Please post! 😀

  8. 44 Nena20409
    February 6, 2015 at 12:29 pm

    Fantastic, NW!
    Wow!
    🍸

  9. 46 Nerdy Wonka
    February 6, 2015 at 12:34 pm

  10. 47 amk for obama
    February 6, 2015 at 12:37 pm

    Great collection, ut. just let that sink in is the winnah.

  11. 49 57andfemale
    February 6, 2015 at 12:41 pm

  12. 50 amk for obama
    February 6, 2015 at 12:41 pm

    a few minutes back

    wifey unit: when are you coming back?

    me: next sunday

    wifey unit: why?

    wimminz/smh

  13. 52 57andfemale
    February 6, 2015 at 12:43 pm

  14. 59 Nena20409
    February 6, 2015 at 12:46 pm

  15. 60 Nena20409
    February 6, 2015 at 12:49 pm

  16. 61 Nena20409
    February 6, 2015 at 12:51 pm

  17. 62 57andfemale
    February 6, 2015 at 12:52 pm

    • 63 GGail
      February 6, 2015 at 1:15 pm

      Yup, sure is – Big guns = little di_cks

      • 64 Don
        February 6, 2015 at 1:37 pm

        I’ve never been fascinated with guns though I’m required to carry one for certain aspects of my job. And I’ve never owned a gun. They just don’t hold any sort of appeal to me.

  18. 66 Nena20409
    February 6, 2015 at 12:53 pm

  19. 67 amk for obama
    February 6, 2015 at 12:54 pm

    ring, ring.

    ut: yes?

    caller: this is wh. there is an opening at the effing #dnc. are you interested?

  20. 69 JER
    February 6, 2015 at 12:57 pm

  21. 70 Nena20409
    February 6, 2015 at 12:57 pm

    This is sick and ugly in every way.
    Jesus Christ of Nazareth!

    • 71 0388jojothecat
      February 6, 2015 at 1:38 pm

      I heard this on the radio about an hour ago and thought these must be the most sadistic people on the planet to do this to a little kid. My mother used to tell us never ever talk to strangers, don’t answer the door when she is not home (my mom worked grave yard shift), don’t go off with people you don’t know. I will never forget the time this man was sitting in a car down the block from my elementary school and my friends and I were walking home. Usually there is a crossing guard but we had passed her already. Before the man could get two words out we ran screaming away then later laughed when we turned around to see a classmate get into the car and the man turned out to be her grandfather. This poor child will be scarred for a long time the way this family tortured him.

  22. 72 Linda
    February 6, 2015 at 1:04 pm

    Rep. Aaron Schock (R-Downton) Sells Home for Way Above Market Value to Political Donor

    http://www.dailykos.com/story/2015/02/06/1362717/-Rep-Aaron-Schock-R-Downton-Sells-Home-for-Way-Above-Market-Value-to-Political-Donor

    This guy is on his way out…..

    Purchased home for 128 K in 2003…. sold it to a donor for 925k in 2012.

    I was poking around his net worth yesterday and asked how he became a millionaire all of a sudden in 2013. Well now I know.

  23. 74 JER
    February 6, 2015 at 1:09 pm

  24. 75 JER
    February 6, 2015 at 1:11 pm

    STREAM IS UP: President Obama at Ivy Tech Community College – http://www.theindychannel.com/live-video

  25. 76 JER
    February 6, 2015 at 1:14 pm

    • 77 No Child Left Behind
      February 6, 2015 at 1:15 pm

      He is trying to sound moderate and to appeal to Democrats.

    • 78 Vicki
      February 6, 2015 at 1:21 pm

      I read someplace that Richard Lugar will be in the audience today.
      Sen. Lugar be-friended the new young Sen. Obama and they worked on securing loose nuckes together, if memory serves.
      I also noticed Sen. Lugar in the audience for Chuck Hagel’s good-bye ceremony.

  26. February 6, 2015 at 1:15 pm

    Sweet

    • 80 idon
      February 6, 2015 at 6:47 pm

      This is so awesome when you realize this little boy has never known another President in office other than President Obama. This is his normal and it’s a beautiful sight to behold!

  27. 81 JER
    February 6, 2015 at 1:16 pm

  28. 82 Nena20409
    February 6, 2015 at 1:17 pm

  29. 83 No Child Left Behind
    February 6, 2015 at 1:19 pm

  30. 86 No Child Left Behind
    February 6, 2015 at 1:20 pm

    Good news for their families.

  31. 88 No Child Left Behind
    February 6, 2015 at 1:22 pm

  32. 89 Nena20409
    February 6, 2015 at 1:24 pm

    The main Reason many in US are not comfortable talking about Our past history…….It would force Us to look inward at ourselves.
    Man In the Mirror…..MJ sang.

  33. 90 Nena20409
    February 6, 2015 at 1:29 pm

  34. 91 JER
    February 6, 2015 at 1:31 pm

    LIVE NOW – President Obama arrives Indianapolis, Indiana – http://www.theindychannel.com/live-video

  35. 92 JER
    February 6, 2015 at 1:33 pm

  36. 93 amk for obama
    February 6, 2015 at 1:33 pm

    gunnite toddys.

  37. 94 Vicki
    February 6, 2015 at 1:36 pm

    CSPAN-1 says it will be carrying POTUS starting 2:10

  38. 95 Nena20409
    February 6, 2015 at 1:38 pm

  39. 96 Nena20409
    February 6, 2015 at 1:39 pm

  40. 97 jacquelineoboomer
    February 6, 2015 at 1:39 pm

  41. 98 Nena20409
    February 6, 2015 at 1:41 pm

  42. 100 jacquelineoboomer
    February 6, 2015 at 1:41 pm

    With the permission of the family, apparently, MSNBC has released the name and photo of the young 26-year-old American hostage in the news today – some report from the terrorists say she was killed in a Jordanian air raid, not confirmed. My heart bleeds for her family, no matter the outcome.

  43. 103 Nena20409
    February 6, 2015 at 1:43 pm

  44. 105 No Child Left Behind
    February 6, 2015 at 1:44 pm

  45. February 6, 2015 at 1:47 pm

    Agree with Africa that this fact cannot ever be forgotten ….

    …. and they continue to do it, every day ….

  46. 107 Nena20409
    February 6, 2015 at 1:50 pm

    2-5-1911, Ronald Reagan was born. 104yrs ago today.

  47. 108 No Child Left Behind
    February 6, 2015 at 1:51 pm

    R.I.P. Very young.

    However, it is not good to unseat a Democrat. Don’t repeat that deed in heaven.

  48. 109 JER
    February 6, 2015 at 1:52 pm

  49. February 6, 2015 at 2:08 pm

  50. February 6, 2015 at 2:09 pm

  51. February 6, 2015 at 2:22 pm

    FLOTUS has been in NYC for her childhood obesity address and it appears she and Malia are also having a look at Columbia and NYU:

    Malia Obama Spotted On NYU Tour, Lunching Near Columbia Today
    http://gothamist.com/2015/02/06/michelle_obama_first_daughters_lunc.php


Comments are currently closed.

@POTUS

@BarackObama

@WhiteHouse

@FLOTUS

@MichelleObama

@PeteSouza

Enter your email address to receive notifications of new posts by email.

@TheObamaDiary

@NerdyWonka

RSS Obama White House.gov

  • An error has occurred; the feed is probably down. Try again later.

RSS WH Tumblr

  • An error has occurred; the feed is probably down. Try again later.

RSS Steve Benen

  • GOP closer to ousting Rep. Cheney from Conference chair; Cheney says GOP is at 'turning point'
  • Education Secretary expects schools to be open for in-person learning in September
  • 'You wanted to be just like him': MLB's oldest living Hall of Famer turns 90
  • Liz Cheney is playing a 'very smart long game,' says GOP strategist
  • Facebook was complicit in what happened, says writer after oversight ruling

Categories

Archives

Blog Stats

  • 42,993,056 hits
February 2015
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728  

%d bloggers like this: