Posted by Tina
The jobs report for the month of February, out this morning, contained good news on all fronts and beat expectations. American business created 313,000 new jobs, smashing the projected number of 200K. The labor force participation rate increased, as those counted as “not in the workforce” tumbled by 653,000. Those considered employed increased by 785,000 to a record 155.2 million. Wages increased again but by a slightly lower rate than in January. Job growth by industry includes: Construction – 61,000 jobs, the most since 2007; Retailers – 50,000, the most in two years; Financial services – 28,000, the biggest increase since 2005. Black workers, who suffered high unemployment under Obama, enjoyed the lowest level of unemployment since 2001.
Job growth for December and January were also revised up “by a combined 54,000.”
Fears that Trump’s steel and aluminum tariffs will wipe out gains made by tax cuts and deregulation were somewhat quelled when Trump signed a less intimidating proposal giving him room to adjust depending on what happens in trade deals and exempting Canada and Mexico. Trumps goal is a leveled playing field for American workers. Our trade deficit is $56.6 billion, “the highest level since October 2008.” China is one of the targeted nations since it’s been dumping steel on the market. What that means is they send their steel to other countries, masking the source, before it’s sold to America. Trump’s business experience in negotiations will ultimately work in favor of the American worker and business, naysayer fears notwithstanding
American businesses are creating good jobs and paying better wages thanks to the policies of the Trump administration. Confidence in the future has ticked up…even CNN was forced to agree (Sadly they then wrote: “But it’s also worth noting that consumers don’t always have a great track record when it comes to predicting the financial future.”
The weenies refuse to embrace MAGA!
Related topic I just ran across. Did our crime rate increase to #19 out of # because of our homeless and illegal immigrant population? According to the report our unemployment dropped to one of the lowest nation wide, so it’s not a factor.
Just after 10pm the other night I stepped into my garage to let my dogs out before going to bed. I was met with 8-9 loud gun shots so close it sounded like they were just down my street and a bullet could come flying through my thin metal garage door. News later reported it was a drive by shooting into a house a couple of streets way on Ceres.
Constant car break-ins, home invasions, the growing homeless population destroying our parks and the downtown area is transforming our once sleepy little college town and agricultural region into a smaller version of SF bay area so many of us moved here to get away from.
——-
25 cities where crime is soaring:
“Violent crime is a broad designation consisting of the most egregious infractions — aggravated assault, robbery, rape, and murder. According to the FBI, there were 386 violent crimes for every 100,000 people in the United States in 2016. While the crime rate has fluctuated slightly in recent years, the incidence of violent crime in the United States remains effectively unchanged from half a decade ago.
The national violent crime rate does not tell the whole story, however. Crime is a local issue, and in some parts of the country, violence is surging.
#19. Chico, Calif.
5-yr. violent crime rate change: +35.7%
2011 violent crime rate: 258.8 per 100,000 (total: 576)
2016 violent crime rate: 351.2 per 100,000 (total: 790)
December unemployment rate: 5.1%
Poverty rate: 19.9%
The violent crime rate in Chico rose from 259 incidents per 100,000 residents in 2011 to 351 per 100,000 residents in 2016. The 35.7% increase in violent crime was the third largest of any metro area in California and one of the largest in the country. There was also a substantial increase in property crime in the city. The property crime rate rose 34.5% over the past five years, from 2,415 instances of burglary, larceny, and motor vehicle theft per 100,000 residents in 2011 to 3,248 property crimes per 100,000 residents in 2016 — the second largest increase in the nation.
While crime tends to rise with unemployment, Chico’s unemployment rate has fallen by more than half over the past five years, from 13.7% in 2011 to 6.5% in 2016 — one of the largest declines in the nation.”
https://www.usatoday.com/story/news/2018/03/09/25-cities-where-crime-soaring/409912002/