Economy Adds 119,000 Jobs Even When Deliberately Sabotaged by Democrats, Doubling Expectations

This report is from September. The Democrats hadn't yet shut the government down -- that started October 1 -- but everyone understood they were going to shut it down. The Democrats created uncertainty and fear, which is always bad for economic growth. People don't like to take out loans and take chances on new businesses or new construction when the future looks dicey.

The U.S. economy added 119,000 jobs in September, according to a Labor Department report released Thursday.

The release of the report was delayed by the roughly 40-day government shutdown that shuttered federal agencies.

The number of jobs exceeded Wall Street expectations, according to CNBC.

In fact, the eXpErTs had predicted less than half that.

Employers across the U.S. added 119,000 jobs in September, marking a pickup after previous employment data had shown a slowdown in hiring. The report marks the first official job tally since the government shutdown ended last week, ending a six-week blackout on labor data.

Economists had forecast payroll gains of 50,000 jobs in September, according to a poll by FactSet.

The unemployment rate rose 4.4% in September, up from 4.3% in August and the highest level since Oct. 2021. With robust job growth in September, that suggests more people are re-entering the workforce to search for a job, economists said.

119,000 jobs in a month still isn't good, but given the strains the Democrats are putting on the economy, it's okay.

And also, I should admit, Trump is putting strains on the economy, too, with an uncertain trade environment due to frequent tariff saber-rattling and an uncertain labor environment with millions of illegals -- who took jobs from Americans -- being deported. Both of these moves will have long-term payoffs but in the short term they're weighing the economy down, and I'm starting to get worried about how much time we have left before the midterms to have a good economy the public actually acknowledges as good.

Some good news:

Townhall.com @townhallcom

ECONOMIC GAINS:

--119,000 NEW JOBS jobs added in Sept. (Double expectations)
--19,000 Construction jobs added in Sept.
--Nearly ALL Jobs going to AMERICANS not Foreign Born Workers.
--Wages UP 3.8%

"This is a REVERSAL of the failed Biden Era."

More of this

Eric Daugherty @EricLDaugh

BREAKING: In a jaw-dropping win, 2.57 MILLION native-born Americans gained jobs since President Trump assumed office...

...and over 1 million migrants LOST employment.

In total, 1.23 million foreigners left the labor force.

Nature is healing, folks. Big time.

There are some numbers that hint that the economy may experience its second Trump Boom:

That would be huge if true.

The forward-looking manufacturer sentiment (the orders they expect to fill in the next year) is higher than it's been in a year:

And this is the best September ever for jobs for Americans.

What a concept, that the American economy should advantage Americans.

Hello everyone. It's Friday, and it couldn't come at a better time.

What are your weekend plans?

My plans are exciting: returning crap I got from Amazon that turned out to be crap.

posted by Ace at 12:12 PM

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