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US created 312,000 jobs in December, vs 176,000 expected

By CNBC

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  • Amy Miller
    Amy MillerPresident at Miller Mediation and Solution

    I noticed the numbers of public corporations had a sizable decrease of employment due to retirements. I think in Corporate speak, this translates to professionals being off loaded because they meet a “magic age” of 75. That figure is calculated by years of service plus age. So if you are 50 years old and have worked for 25 years, you can be “retired”. Problem is that the 50 year old will have a difficult time finding another role at similar pay to hold them until they are really ready to retire at

    I noticed the numbers of public corporations had a sizable decrease of employment due to retirements. I think in Corporate speak, this translates to professionals being off loaded because they meet a “magic age” of 75. That figure is calculated by years of service plus age. So if you are 50 years old and have worked for 25 years, you can be “retired”. Problem is that the 50 year old will have a difficult time finding another role at similar pay to hold them until they are really ready to retire at 65 or 70, depending on when our government realizes they have to manage entitlements. I agree with others posts - let’s see what the numbers are in March 2019 before we spike the football.

  • James Randorff
    James RandorffMusician, Instructor at US Navy

    How are we going to get those unemployment numbers down?

    Redefine unemployment, of course.

    ----------

    "A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.6 percent."

  • Michael Andrews
    Michael AndrewsFounder & CEO at MPA Global

    A very big number and all the angst about the Fed seems just that angst.

  • Diana Barclay
    Diana Barclay

    Lots of temp jobs are filled for the holiday influx especially in December. Those positions last until the holiday returns slow down. Let's see what Jan. And Feb. Give us for numbers before we get too excited.

  • Theresa DeAngelo
    Theresa DeAngelo

    Thank you potus. Great great potus!!!

  • William Wood
    William WoodOwner at William Wood

    No matter how you dice it, equivocate, or disbelieve, this is a really good report. The important part, labor participation is up, wages up 3%+, manufacturing up. Lower wage earners wages rising fastest. Unemployment up due to more people looking fo a job. I not going into the metrics, of the numbers, but it is the same as the Obama years, and this just blows those years away...

  • This cannot be immediately viewed as an indicator of economic performance. We need to establish a more contextual definition of unemployment. Perhaps quality of employment would be a better start.

  • Pavel Zalewski
    Pavel ZalewskiOwner at Ravenwood

    And they were all laid off on Dec. 26th.

  • Brad Luckey
    Brad LuckeyBusiness Owner at Luckeys Painting

    In the media rooms “We can’t tell everyone the good news about the employment numbers, so let’s talk about AOC.”

  • Jim Self
    Jim Self

    The number is positive. It IS positive, and you are being negative. We will see how it drops off as extra people stop working. Try to be patient.

  • De’Andre Crenshaw
    De’Andre CrenshawRetail Managment at CVS Pharmacy

    These are strong job growth numbers and the Trump admin was lucky this was published before the government shutdown and subsequent furlough of about 380,000 workers. But either way the economy is still expanding and the job creation is fairly diverse. If Trump wants to really expand he needs to get more immigrants and work on an expansive job training or worker re-education program to get those jobs filled.

  • There will be no recession for at least Q1 and Q2. The shutdown will slow GDP down a bit though.

  • S Uehara
    S Uehara

    How much of this is Census hiring temp workers? Has that begun? See April ‘09 to July ‘10 job numbers.

  • Marc P.
    Marc P.product marketing

    I blame this on the Russians!

  • Kate GenX
    Kate GenX

    And then they all disappeared in January because holiday shopping! And really, you can't claim the job economy is doing great and then whine when you can't get one. I'm talking to you Sarah Sanders!

  • Richard Wilson
    Richard Wilson

    Compared to other countries our unemployment rate is nothing.

  • Marcus Chery
    Marcus CheryFDOH

    Where would get a breakdown of these numbers. Curious to know what of jobs are these.

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