U.S. Workforce adds 266,000 jobs in Nov.
The United States economy added 266,000 jobs in November 2019, greatly surpassing economists’ predictions of 187,000.
The federal Bureau of Labor Statistics also announced that the national unemployment rate fell to a half-a-century low of 3.5%.
The Bureau of Labor Statistics also points to a net gain of 41,000 jobs to the prior two month totals, bringing the three month average positive job growth gain statistic to 205,000, a 10-year high.
“America’s 31 million small businesses are delivering more impact than ever, and entrepreneurs are seeing limitless potential for success,” said SBA Mid-Atlantic Regional Administrator Steve Bulger, who oversees the operations of the U.S. Small Business Administration throughout Pennsylvania, Delaware, Maryland, D.C. Virginia & West Virginia.
Comments
That's a really good thing C-G, because people working results in a great economy, which generates self-reliance rather than government dependence. Isn't that good? It is isn't it?
* This Great Economy is not every where in this country.
Most are service industry jobs, seasonal jobs and yes some trucking and warehouse.
Recent news is that companies are not hiring. Not laying off,
but NOT hiring. Add that factor to this. Auto sales are also down. Farmers certainly are hurting.
Many of these are the result of reshoring (bringing them back). Moving production overseas complicates the supply chain, and shipping.
Did you know that we still under utilize many of our skilled labor force? We have very technically trained people available, not so in other countries. Things are turning around C-G
Taking away the restricting gov regulations and taxes worked.
Sorry to report that America is getting great again.
BTW, the rest of the world economy is still slow, not the US
How about drilling into the USMCA trade agreement and government funding? These Democrats claim to be for the working man, well replacing NAFTA will be a great benefit for us workers. USMCA was held up by the Speaker who can't speak, ole garble mouth herself, Nasty Nancy.
Lets remember who took all those American jobs over sees in the first place.
How easily we forget. Yes, I know there is a deficit in skilled workers. Tells you about the state of our uneducated people. Loss of Coal jobs and those people unable to move to skilled jobs unless they get educated. Carbon & Monroe Vo-Tech are doing a great job.
USMCA will be so much better, but folks like you and Nutzy Nancy Pelosi put it to the side for the wasted time of impeachment. This false impeachment makes our country look bad, and wastes time.
As for our workforce? You and the rest who champion for killing babies in the womb, and those who embrace a man marrying a man, are part responsible for the drop in birthrate. The birthrate drops, and the society dies. Simple biology. The population drops, the future workforce drops. Stop killing our babies in mommy's belly.
That's why people say both Parties were in bed together. Get it.
Pelsosi is the one who fought Trump to get protection for the American worker in the New Nafta, sorry again but you are stupid. There, I said it.
And by the way Medical People lost their jobs too, in the 1997 Balanced Budget Act when hospitals had major Medicare Cuts due to that. When Clinton left office there was a Surplus. Constant ignorance coming from you, Sweetie.