{"id":37929,"date":"2020-01-08T12:12:25","date_gmt":"2020-01-08T17:12:25","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=37929"},"modified":"2020-01-08T12:12:25","modified_gmt":"2020-01-08T17:12:25","slug":"good-news-for-the-american-economy","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=37929","title":{"rendered":"Good News For The American Economy"},"content":{"rendered":"

Breitbart<\/a> posted an article today about the latest jobs numbers.<\/p>\n

The article reports:<\/p>\n

The U.S. private sector added 202,000 positions in December, according to an estimate from ADP and Moody\u2019s Analytics.<\/strong><\/p>\n

This far outpaced the 150,000 new hires forecast by economists. In addition, ADP revised its November estimate dramatically higher, from 67,000 to 160,000.<\/strong><\/p>\n

Somehow when there is a Republican President, the actual numbers are generally\u00a0 higher than the predictions.<\/p>\n

The article concludes:<\/p>\n

The report suggests that the labor market ended 2019 in a position of rising strength. The Labor Department will release its report on the jobs situation on Friday. Economists expect that to show a gain of 160,000 private and public sector jobs.<\/strong><\/p>\n

Medium sized businesses, those with between 50 and 499 employees, led the way in job growth, adding 88,000 jobs. Larger businesses added 69,000 and smaller firms added 45,000, ADP\/Moody\u2019s said.<\/strong><\/p>\n

Despite the very high number of new positions in December, Moody\u2019s Analytics chief economist Mark Zandi said that job gains \u201ccontinue to moderate.\u201d<\/strong><\/p>\n

\u201cManufacturers, energy producers and small companies have been shedding jobs. Unemployment is low, but will begin to rise if job growth slows much further,\u201d Zandi said<\/strong><\/p>\n

\u201cAs 2019 came to a close, we saw expanded payrolls in December,\u201d said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. \u201cThe service providers posted the largest gain since April, driven mainly by professional and business services. Job creation was strong across companies of all sizes, led predominantly by midsized companies.\u201d.<\/strong><\/p>\n

The economy continues to do well under the command of an experienced businessman. Let’s keep it that way!<\/p>\n","protected":false},"excerpt":{"rendered":"

Breitbart posted an article today about the latest jobs numbers. The article reports: The U.S. private sector added 202,000 positions in December, according to an estimate from ADP and Moody\u2019s Analytics. This far outpaced the 150,000 new hires forecast by … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[9804,10348,6252,459,8700,7506,5669,2788,3259,2026,2515,164,297],"class_list":["post-37929","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-american-economy","tag-breitbart","tag-breitbart-com","tag-employment","tag-job-creation","tag-job-growth","tag-jobs-numbers","tag-labor-department","tag-prediction","tag-private-sector","tag-public-sector","tag-republican","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37929"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37929\/revisions"}],"predecessor-version":[{"id":37930,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/37929\/revisions\/37930"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}