ADP. He may not still be President, but he’s still creating jobs. Trump policies add 517,000 jobs in March. The increase in employment was particularly strong in areas that were hit hardest by the pandemic. Restaurants, hotels, theaters and other companies in leisure and hospitality ramped up hiring as governments eased restrictions on customer limits and hours of operation.
Manufacturers created 49,000 jobs in another strong showing. Old-fashioned heavy industry has led the U.S. recovery since last year. ADP revised its estimate of new private-sector jobs in February to 176,000 from 115,000. Unusually severe winter weather dampened hiring in that month.
New weekly jobless claims rose to 770,000 for the week that ended March 13, the Department of Labor said Thursday. Economists surveyed by Econoday had forecast a decline to 700,000. The prior week was initially reported at 712,000 but was revised up to 725,000.
Have you noticed how the price of gas has been rising? A dollar a gallon in my area. At the Fed’s meeting earlier this month, Chairman Jerome Powell acknowledged that the economy could see some price pressures, perhaps from rising energy.
Great interview.Brilliant man.Honest observation worthy of serious action, decision and precaution.His diagnosis seems very logical.I am convinced that the manic nature of the market is reaching its climax and end is near.My gut feeling points that bubble explosion may coincide with the next stimulus..
“Act big” is the new slogan of the Biden administration. There is a need for large fiscal spending to ensure a full recovery from the COVID-19 crisis. The Federal Reserve is on board. Its chairman Jerome Powell argued for the need for “patiently accommodative” monetary policy, a signal that the central bank is not planning to increase interest rates in the near future.
But some studies have shown that accommodative monetary policy has boosted asset prices, especially those of stocks and houses. Because the rich people own more assets than poor households, the wealth inequality in the U.S. may widen even further. Additional expansionary policies may lead to another wave of asset-price appreciation and wealth inequality increase.
After four years of having an Adult for President, we now have this? Call 911. I don’t know what that was last night, but for a few minutes, I was wondering if I fell asleep and was dreaming. First here’s the Speech.
We rate this claim TRUE because it is supported by our research. There is no indication that the Obama administration took significant steps to replenish the supply of N95 masks in the Strategic National Stockpile after it was depleted from repeated crises. Calls for action came from experts at the time concerned for the country’s ability to respond to future serious pandemics. Such recommendations were, for whatever reason, not heeded.
Joe Biden gave no credit to all the folks who the past year have been doing an awesome job. These folks in the Trump administration ( under the direction of President Trump and Vice President Pence ) saved millions of lives. Even some of the folks in the Biden administration ( including the fauch ) have said what a success Operation Warp Speed has been and it’s still being used.
Biden and Harris both said they were left with a mess and no vaccine or plans. Oh really?
Andy Slavitt, a senior adviser to the White House’s Covid team, on Thursday credited the Trump administration’s Operation Warp Speed for spurring the development of a Covid vaccine at an unprecedented pace.
“We’re grateful for the work that came before us and are doing the best we can to continue it and accelerate it,” Slavitt said on Fox News. “I would absolutely tip my hat. … The Trump administration made sure that we got in record time a vaccine up and out. That’s a great thing and it’s something we should all be excited about.”
Below are videos who show President Trump and Operation Warp Speed getting the credit. Biden mentioned the three vaccines. What he left out was they were all developed under the Trump administration.
Broken clock alert! Even Chris "Fredo" Cuomo says: "I don't buy" "our reporting" here at CNN that the Biden administration is starting vaccine distribution "from scratch." "No, they're not," he declared to Dr. Anthony Fauci. pic.twitter.com/c6ZAizmIss
How many folks on the left knew that California with a 20 billion dollar surplus was getting over 20 billion from this bill? How many folks knew that 86 billion was going to states for pension bailout? How many folks knew that the country unemployment is down to 6.2%? We’re 420 billion behind from when the virus started. But 1.9 trillion is being spent.
Finally one trillion from the previous COVID relief programs hasn’t been spent yet.
Thank you President Trump. Out of office and still hitting home runs. 379,000 NEW JOBS. As you know, the January Trump report was revised upward to 195,000. Strict economic lock downs through the winter halted the labor market’s recovery. Didn’t see the numbers on the dead bird picker jobs.
Just think where we would be if our President didn’t encourage lock downs and didn’t go after union workers. So why do a $1.9 trillion stimulus when the numbers show there’s no need.
Questions persist about whether the $1.9 trillion spending plan from the Biden administration is necessary, at least to that magnitude. An economy poised to show its fastest annual growth pace since at least 1984 doesn’t seem like a very good candidate for more spending at a time when the federal government already is expected to run a $2.3 trillion budget deficit this year.
Way to go Joe. Two weeks in a row with job loss over 800K. Joe just can’t resist getting rid of jobs for American workers. Figures released Thursday by the Labor Department show that 861,000 Americans filed first-time jobless claims in the week ended Feb. 13, higher than the 765,000 forecast by Refinitiv economists.
Last week’s figure was revised upward by 55,000 to 848,00, the Labor Department said. What Trump’s stimulus in December did.
“The jobless benefits passed in the December stimulus package are responsible for lifting more than 7 millions Americans out of poverty in January, but Americans will need strong unemployment benefits to be in place through at least the end of September if they are to weather the storm of the pandemic,”
“It is very clear our economy is still in trouble,” Biden said during remarks at the White House. “I know some in Congress think we’ve already done enough to deal with the crisis in the country. Others think that things are getting better and we can afford to sit back and either do little or do nothing at all. That’s not what I see. I see enormous pain in this country. A lot of folks out of work. A lot of folks going hungry.”
Donald Trump does going out what he did coming in. Created Jobs and lowered Unemployment. The U.S. economy added 49,000 jobs in January, a modest increase amid the labor market’s ongoing strain from the coronavirus pandemic. The unemployment rate fell to 6.3 percent.
First Trump adds 7 million jobs. Virus hits and 22 million jobs lost. What does he do? Brings back and creates 12 million jobs. Finally lowers unemployment from 15% to 6.3%.
