Bitcoin Forum

Economy => Economics => Topic started by: allthingsluxury on March 08, 2017, 03:36:40 PM



Title: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: allthingsluxury on March 08, 2017, 03:36:40 PM
https://2.bp.blogspot.com/-wYSd2aBSWCE/WMAkG3vj7WI/AAAAAAAAF4Q/_-QWjdHvtP4zlWX4VJztrVQF43QRlt1NACLcB/s1600/US_Jobs.png (http://www.goldsilverliberty.com/2017/03/february-us-jobs-reports-blows-away.html)

The latest United States job numbers are in, and they are huge, seeing the economy adding 298,000 new jobs in February alone! This has massively blown out the market expectations of 190,000.

Ahu Yildirmaz, vice president and co-head of the ADP Research Institute had the following to say;

"February proved to be an incredibly strong month for employment with increases we have not seen in years."

So what does this mean? For years we have seen job reports such as these coming in, only to be disheartened by the fact that the jobs added were nothing to be celebrated at all, as it is was low quality jobs replacing high paying, skilled jobs.

This report is a complete reversal of that hollowing out trend. What is most remarkable about this massive surge in job creation, is the fact that it includes a large quantity of high quality, skilled jobs from the manufacturing, construction and mining sectors. NOT just low paying service jobs, as we have seen in the past. continued...



Click here to watch this video and to read the full article:

http://www.goldsilverliberty.com/2017/03/february-us-jobs-reports-blows-away.html


Title: Re: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: Hydrogen on March 09, 2017, 03:39:55 AM
Yes!

Unlike previous US economic stimulus plans, it was accomplished without a $1 trillion dollar budget or big spending.

Many more jobs are scheduled to be added.

Here is a small part of the expected job growth.

http://i67.tinypic.com/afc9ia.jpg


Title: Re: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: davis196 on March 09, 2017, 06:00:40 AM
Perhaps the Trump policy about bringing the big corporations back in the USA creates this result.
This is good news,but will the bitcoin "industry" start adding new jobs? ;D
I think that the US economic growth will help for a bigger bitcoin growth.


Title: Re: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: MNDan on March 09, 2017, 06:14:45 AM
This is all Obama...thx dude! Get back to me in a year to realize any Trump effects...


Title: Re: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: Pettuh4 on March 09, 2017, 09:56:46 AM
This is all Obama...thx dude! Get back to me in a year to realize any Trump effects...

Lol that's all Obama's doing but I know he (Trump) will take credit for it but in a years time everyone will realize the mess he'd creat.


Title: Re: February US Jobs Reports Blows Away the Markets Expectations, Confidence Surges
Post by: allthingsluxury on March 09, 2017, 01:57:04 PM
Perhaps the Trump policy about bringing the big corporations back in the USA creates this result.
This is good news,but will the bitcoin "industry" start adding new jobs? ;D
I think that the US economic growth will help for a bigger bitcoin growth.

I highly doubt that Trump will take a hardline stance on Bitcoin, I doubt it's even in his vocabulary. I also want to see a resurgence of the "early" days we seen in BTC. The energy was amazing.