US manufacturing expands at solid pace in December

[Cigar]

U.S. manufacturing grew at a healthy pace in December as factories stepped up hiring and received more orders. The expansion suggests solid growth at the end of the year.

The Institute for Supply Management, a trade group of purchasing managers, says its index of manufacturing activity slipped to 57 from 57.3 in November. But that’s still the second-highest reading in the past 2 ½ years. And any reading above 50 signals growth.

A measure of new orders rose to the highest level since April 2010. And a gauge of hiring increased to its highest level since June 2011. Production and a measure of manufacturers’ stockpiles fell.


http://www.salon.com/2014/01/02/us_m...e_in_december/

IB4-Gloom&Doom

[waltky]

Trump savin' jobs, puttin' America back to work...

12,392,000: U.S. Manufacturing Jobs Reach Highest Level in 8 Years
April 7, 2017 | The United States added 11,000 jobs in manufacturing in March reaching a total of 12,392,000 people employed in the manufacturing sector, according to data released today by the Bureau of Labor Statistics.

That is the greatest number of people employed in manufacturing in the United States since January 2009—the month that President Barack Obama was inaugurated—when there were 12,561,000 people employed in manufacturing. In February 2009, manufacturing employment dropped to 12,380,000—a number it did not exceed until February of this year, when it reached 12,381,000.

At the same time, according to BLS, the number of people employed in government increased by 9,000 in March, climbing from 22,309,000 in February to 22,318,000. Since December 2016, the U.S. has gained 49,000 manufacturing jobs and 19,000 government jobs. Government jobs in the United States in March still outnumbered manufacturing jobs by 9,926,000.

The number of manufacturing jobs in the United States peaked in June 1979 at 19,553,000. Since then, it has declined by 7,161,000 to the 12,392,000 reported for this March, according to the BLS numbers. During the same time frame—from June 1979 to February 2017—the number of government jobs grew from 16,045,000 to the current 22,318,000, an increase of 6,273,000.

http://www.cnsnews.com/news/article/...-level-8-years

See also:

153,000,000 Americans Employed in March, Setting 2nd Straight Record
April 7, 2017 – The number of employed Americans increased 472,000 to 153,000,000 in March, setting a second straight monthly record; and the number of unemployed persons dropped by 326,000 to 7.2 million. That brought the nation’s unemployment rate down two-tenths of a point to 4.5 percent.

The Labor Department’s Bureau of Labor Statistics said the labor force participation rate remained flat at 63 percent in March; and the number of Americans not in the labor force increased slightly to 94,213,000, up 23,000 from February’s 94,190,000. The Bureau of Labor Statistics says the economy added 98,000 jobs last month, which was well below the gains of 219,000 in February and 216,000 in January. Employment increased in professional and business services – and in mining – but retailers lost jobs.

The 94,213,000 million people counted as not participating in the labor force last month includes millions of baby boomer retirees, students, the disabled, homemakers and others who do not work for various reasons. But -- as we have noted and will continue to note – this number is important because many of those not in the labor force receive Social Security, Medicare, Medicaid, health insurance subsidies or other benefits/entitlements that depend on the taxes paid by those who do work.

In March, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 254,414,000. Of those, 160,201,000 participated in the labor force by either holding a job or actively seeking one.

The 160,201,000 who participated in the labor force equaled 63 percent of the 254,414,000 civilian noninstitutionalized population. Among the major worker groups, the unemployment rates for adult women (4.0 percent), whites (3.9 percent) and Hispanics (5.1 percent) declined in March. The jobless rate for adult men (4.3 percent), blacks (8.0 percent) and Asians (3.3 percent) showed little or no change.

DNC says we should thank Obama, not Trump

[waltky]

Granny says, Dat's right - the Donald Makin' America Great Again...

Manufacturing Jobs up 22,000 in March; 281,000 Under Trump
April 6, 2018 - The United States added 22,000 manufacturing jobs in March and employment in the manufacturing sector has now increased by 281,000 since December 2016, the last month before President Donald Trump took office.

“In March, employment in manufacturing rose by 22,000, with all of the gain in the durable goods component,” the Bureau of Labor Statistics said in its monthly employment report released today. “Employment in fabricated metal products increased over the month (+9,000). Since last March, the report said, the nation has added 232,000 manufacturing jobs. “Over the year,” it said, “manufacturing has added 232,000 jobs; the durable goods component accounted for about three-fourths of the jobs added.”

In December 2016, the month before Trump took office, there were 12,351,000 manufacturing jobs in the United States—281,000 less than the 12,632,000 manufacturing jobs the nation reached in March. The last time there were more manufacturing jobs in the United States than there were in March was in December 2008, when there were 12,850,000 manufacturing jobs. That was the last month before President Barack Obama took office.

In January 2009, the month Obama was inaugurated, manufacturing jobs dropped to 12,561,000. The number of manufacturing jobs in the United States did not exceed that number until February of this year, when it hit 12,610,000. Manufacturing jobs have now increased in 14 of the 15 month in which Donald Trump has served in the White House. The only month they did not increase was July 2017, when they dropped from 12,428,000 to 12,424,000.

https://www.cnsnews.com/news/article...00-under-trump

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Federal Government Has Cut 21,000 Jobs Under Trump
April 6, 2018 - The federal government cut an additional 1,000 jobs in March, bringing the total number of federal government jobs eliminated since President Donald Trump took office to 21,000, according to data released today by the Bureau of Labor Statistics.

In December 2016, the month before Trump was inaugurated, the federal government employed 2,810,000. In March 2018, that was down to 2,789,000. While the federal workforce has been downsizing since December 2016, the overall government workforce in the United States has been increasing—thanks to an increase in employment by local governments.

Total government employment in the country (including federal, state and local government employment) has climb by 20,000 since December 2016—rising from 22,306,000 that month to 22,326,000 this March.

Like the federal government, state governments have cut employment. In December 2016, state governments employed 5,145,000. In March 2018, they employed 5,113,000—a decline of 32,000. In March alone, state governments cut 1,000 jobs—dropping from 5,114,000 in February to 5,113,000 in March.

But state local governments increased their employees from 14,351,000 in December 2016 to 14,424,000 in March 2018—a climb of 73,000. From February to March, local government employment increased by 3,000, rising from 14,421,000 to 14,424,000.

https://www.cnsnews.com/news/article...bs-under-trump

Related:

72,548,000: Record Number of Women Employed in March
April 6, 2018 – In the 15 months since Donald Trump took office, the number of employed Americans has broken eight records, but not in March.

The Labor Department’s Bureau of Labor Statistics reported on Friday that 155,178,000 Americans were employed in March, just 37,000 fewer than February’s record 155,215,000. However, the number of women, age 16 and over, employed in March reached an all-time high of 72,548,000, which is 18,000 more than February's record. The number of employed men, ages 16 and over, dropped 55,000 from February's record high. The nation’s unemployment remained at 4.1 percent in March for a sixth consecutive month, and that is an 18-year low.

The unemployment rate shot up to an Obama-era high of 10.0 percent in October 2009 during the recession, and after that, it steadily declined during Obama’s term. When President Trump took office, the unemployment rate was 4.8 percent, and for the last six months, it has been stuck at a low 4.1 percent. In March, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 257,097,000. Of those, 161,763,000 participated in the labor force by either holding a job or actively seeking one.

The 161,763,000 who participated in the labor force equaled 62.9 percent of the 257,097,000 civilian noninstitutionalized population. The labor force participation rate has been stuck at or near the 62.7-63.0 percent level for the past four years. In March, the number of Americans who were not in the labor force remained above 95 million (95,012,000) for a fifth straight month. This number has been increasing over time because of a growing number of baby boom retirees, among other factors.

Other findings:

Total nonfarm payroll employment edged up by 103,000 in March, following a large gain in February (+326,000). After revisions, job gains have averaged 202,000 over the last 3 months.

Among the major worker groups, the unemployment rates for adult men (3.7 percent), adult women (3.7 percent), teenagers (13.5 percent), Whites (3.6 percent), Blacks (6.9 percent), Asians (3.1 percent), and Hispanics (5.1 percent) showed little or no change in March.

In March, average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents to $26.82. Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent.

https://www.cnsnews.com/news/article...employed-march

[Common Sense]

Overall the jobs report didn't meet expectations.

https://www.nasdaq.com/article/poor-...ssion-cm944656