Payrolls surge by 304,000, smashing estimates despite government shutdown

Catholic Crusader

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Payrolls surge by 304,000, smashing estimates despite government shutdown
https://www.cnbc.com/2019/02/01/nonfarm-payrolls-january-2019.html

Job growth in January shattered expectations, with nonfarm payrolls surging by 304,000 despite a partial government shutdown that was the longest in history, the Labor Department reported Friday.


ME: Now let's compare that to what all the fake news outlets to predicting. Rush Limbaugh noted some of the news headlines that were out in recent days predicting the jobs numbers today. Yesterday in the New York Times, January 31st: “Why This Jobs Report Will be a Mess.” CNN, January 10th: “How the January Jobs Report Could Be Shaped by the Shutdown.” Fox News, January 3rd: “Partial Government Shutdown Could Hurt January Jobs Numbers.” MarketWatch, January 31st: “How the Government Shutdown Had Impact the Jobs Report.” It was all negative news.

New York Times, January 28th: “Government Shutdown Will Cost U.S. Economy $11 Billion.” New York Magazine, January 24th: “Trump Officials Just Don’t Get Why Shutdown Hurts Economy.” TIME magazine January 23rd, “The Government Shutdown Is Going to Hurt the Wider Economy.” CBS News January 21st, “Shutdown’s Damage to Economy Could Exceed $5.7 Billion Cost of Trump’s Border Wall.” Barron’s, January 16th: “How the Government Shutdown Will Hurt the Economy.”

Vanity Fair, well-known economics journal, January 26th: “The White House Just Realized the Shutdown Is Hurting the Economy.” Washington Post, January 15th: “The Shutdown Threatens the Promise of Government Jobs and a Way of Life.” PMSNBC January 15th: “White House Now Expects the Shutdown to Hurt the Economy Even More.” Fortune magazine January 11th: “Long-Term Shutdown Will Hurt the Economy.” USA Today January 2nd: “Government Shutdown: How it Could Hurt the Economy.”

LOL

https://www.rushlimbaugh.com/daily/2019/02/01/drive-bys-gobsmacked-by-blockbuster-jobs-report/
 

Catholic Crusader

Kyrie Eleison
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