The Trump economy added 227,000 jobs in January, far ahead of the 175,000 estimated by economists, on an upsurge in economic optimism seen since the new president’s election in November.
CNN reports that Ford has ditched plans to build a $1.6 billion plant in Mexico in favor of investing $700 million in expanding their operations in Michigan as a “vote of confidence” in President-elect Trump.
The faltering Obama economy created only 151,000 jobs in January versus an expectation that it would create nearly 200,000, down sharply from the 292,000 jobs the government claims were created in December 2015.
Skip the paddles and bring out the body bag – Barack Obama’s faltering economy grew at a paltry 0.2% rate in the first quarter of 2015.
During February, while talk about how the government was going to cut $85 billion in spending on March 1 got blanket coverage from every outlet that provides political or economic news, employers chose to add 236,000 workers to their payrolls.
Less than a week after mandatory minor spending cuts brought a tiny little dose of fiscal sanity to Washington, the Dow Jones Industrial Average has leaped to an all-time high.
Pandora has announced that they will begin imposing a 40 hour free monthly mobile listening limit on users of their free music streaming service due to rising royalty costs for the music.
388,000 people filed initial claims for unemployment benefits last week, a massive 46,000 increase over the previous week’s report that brings the measure to its highest level in four months.
The faltering economy created by Barack Obama’s failed policies grew at a dismal annualized rate of 1.3% in the second quarter of 2012, which is a downward revision from the pathetic 1.7% the government had previously predicted.
Weekly jobless claims spiked to 382,000 last week from an upwardly adjusted 367,000 the week before, topping analyst expectations by 12,000.