Big Year For Manufacturing Jobs

Big Year For Manufacturing Jobs

The Headline:   The U.S. economy added 284,000 manufacturing jobs in 2018, according to the employment report released today by the Bureau of Labor Statistics. That is the largest increase in manufacturing jobs in the United States in 21 years. The last time the...

Swing Day

Yesterday:   Worst 2nd day of the year ever for S&P 500, only 2000 was worse. Today:   2nd best 3rd day of the year ever for S&P 500, only 1932 was better. Hat tip Ryan...

More On Today’s Jobs Data

Biggest beat relative to expectations (312K vs 184K) since 6/5/09, and 6th biggest beat relative to expectations since 1999. Average Hourly Earnings 0.4%, Exp. 0.3% Payrolls to print above 150 million for the first time. Bloomberg economist Tim Mahedy: “This is...
Blow Out Jobs Numbers

Blow Out Jobs Numbers

The lede:  The U.S. gained 312,000 new jobs in December, capping off the biggest increase in hiring in three years and showing that second longest economic expansion in U.S. history still has plenty of staying power despite growing worries about a slowdown.And what...