If you just woke up you will know that Americans have something to be happy about. After the depressing news of the Pelosi take over yesterday, one has to ask what will she do to try and kill this great news. While the Obama diehards went into hiding in December, I’m sure they will be out this morning.
For those who don’t know, there’s a group of die hard Progressives who scream thank you President Obama when something positive happens. But during the stock market slide they went into hiding and said Obama has been out of office the past two years. Now on to the great news of the day.
Now unemployment grew, but that’s because more folks joined the jobs search. And why not? Wages grew to 3.2%. Now they were only expecting 177,000 new jobs. And most economists said that would be a good number to close out the year.
So now we have 4.8 million new jobs since President Trump has taken control of this mess left him by President Obama. What mess? A growing number of illegals, growing number of part time jobs, growing number on social programs. Growth we didn’t need. And who can forget President Obama waving bye bye to the Manufacturing jobs.
In closing, here’s where the jobs were created. Thanks CNBC.
Health care led the way in new jobs, adding 50,000 for the month thanks to 38,000 new positions in ambulatory services and 7,000 more in hospitals. The industry saw a boom of 346,000 for the year, compared with a 284,000 gain the year before.
Restaurants and bars added 41,000 to the close the year with a 235,000 gain, down from 261,000 in 2017.
Construction also was one of the big gainers despite a slumping housing market. The industry added 38,000 jobs in December, bringing the annual total to 280,000, a 12 percent gain from 2017′s 250,000.
Manufacturing also tuned in a solid 32,000 gain for the month, with the bulk of the growth coming from the 19,000 positions added in the key durable goods sector. The sector also saw a surge in 2018, with the 284,000 new positions representing a 37 percent rise from the previous year.
Another closely watched sector, retail, posted growth of 24,000 thanks to a holiday season boost. For the year, retail added 92,000, reversing the loss of 29,000 in 2017.
Government jobs saw a gain of 11,000.
198 total views, 6 views today
I have been writing on and off the past 46 years. First piece I ever wrote was my high school underground newspaper. A father of two twenty somethings. Happily married and presently living in Ohio.