Private sector job growth rebounds to ‘rip-roaring’ pace in May, ADP says

[Willie99]

http://www.marketwatch.com/story/pr...o-rip-roaring-pace-in-may-adp-says-2017-06-01

That was a much stronger pace of hiring than the Econoday consensus, which had called for 170,000 jobs. Economists watch ADP’s report for clues about the government’s monthly payroll data, due out Friday, though ADP has an imperfect record of forecasting the Labor Department’s numbers. The MarketWatch consensus for the government data is for a gain of 185,000 jobs.
Read: May hiring gains to reflect warming but not sizzling economy
Small businesses added 83,000 jobs in May, medium-sized businesses added 113,000, and large firms hired 57,000 workers.

April’s job gains, originally reported as 177,000, were revised down to 174,000.
Underlying job growth is probably running at about 200,000 per month, Zandi said in a press conference Thursday. Since the job market is growing at a much slower pace — probably about 80,000 per month — the jobless rate will continue to fall, he said. A 4% rate is “dead ahead.”


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MAGA

 

[Willie99]

The economic anchors are being lifted, despite the sludge at the bottom of the pond "resisting resisting resisting", it's still getting drained

 

[Willie99]

The Obama economy

any resemblance to democratic neighborhoods is strictly coincidental

 

[SheriffJoe]

 

[Willie99]

Obama believes reckless business practices and greed are the problem, government regulations are the solution

Polar opposite policies, polar opposite results, go figure

 

[JDeuce]

CEOs can pretend to hate DJT and bad mouth him all they like.

At the end of the day, everyone knows what talks and what walks...and those same CEOs will always do what's in the best interest of their company.

Right now, that involves hiring bodies. It wasn't the case under the Stuttering Clusterfuck's time as the starting QB. Not at all.

If this economy picks up and DJT finds a way to build the wall and destroy the ACA in the next year, you won't see one single dimocrap pickup in 2018. A R senate super majority is a very real possibility. That's why the MSM is already preparing their "things aren't as good as you may believe" narrative.