General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEmployment numbers in December are basically meaningless...
That's when retail hires for the holiday sales surge. Saying thousands were hired in December means very little about any long term trends. Many of those hirees will be laid off in Jan/Feb.
democratisphere
(17,235 posts)FBaggins
(26,757 posts)Jobs figures are seasonally adjusted and already take that into account.
Ace Rothstein
(3,183 posts)Seasonal hires for the holidays are usually wrapped up before Thanksgiving for the most part anyway.
Power 2 the People
(2,437 posts)Joe941
(2,848 posts)onenote
(42,747 posts)jpljr77
(1,004 posts)The jobs numbers are seasonally adjusted, meaning they take seasonal hiring into account. There actually does appear to have been a hiring surge last month. The only caveat is that the survey response rate was lower than usual, meaning the revisions next month could be quite large (but could go in either direction).
Stop making EVERY little thing about Trump. If you want good anti-Trump job news, read this WSJ article: https://blogs.wsj.com/economics/2019/01/04/how-the-job-market-of-2018-stacks-up-against-recent-years/?mod=article_inline
The upshot of the article is that 2018 was the third-best year for job growth since the recession, behind 2014 and 2015, when you-know-who was in office. He still can't catch Obama.
Wellstone ruled
(34,661 posts)Kudlow is really pumping the Bullshit. Next segment they have a guy from Blackrock calling for a major slowdown to hit soon,and the guy from JP Morgan saying similiar scenario . Amazing how a False Narrative of Kudlow's is pumped as the new sliced Bread.