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Another Phenomenal Jobs Report: “Experts,” Corrupt Media Hardest Hit

Today’s Campaign Update, Part II (Because the Campaign Never Ends)

Another month, another incredible jobs report that blasts through the projections by all the “experts.” – The Labor Department’s monthly jobs report is out. It’s real, and it is spectacular.

February jobs gains in the Trump economy amounted 273,000, beating “expert” projections by a whopping 98,000 jobs. This during a month in which the Democrats and their corrupt media toadies did everything they could to depress economic growth by whipping up irrational hysteria over the coronavirus.

But there’s more, so much more – from the report on this morning’s news at Yahoo! Finance:

The February jobs report reflected much better than expected job gains and an unemployment rate back at a 50-year low, before the coronavirus outbreak escalated and threatened to weigh on economic activity.

The Labor Department released its February jobs report at 8:30 a.m. ET Friday. Here were the main results from the report, compared to consensus expectations compiled by Bloomberg:

  • Change in non-farm payrolls: +273,000 vs. +175,000 expected and 273,000 in January
  • Unemployment rate: 3.5% vs. 3.6% expected and 3.6% in January
  • Avg. hourly earnings, month on month: +0.3% vs. +0.3% expected and +0.2% in January
  • Avg. hourly earnings, year on year: 3.0% vs. +3.0% expected and 3.1% in January

January’s job gains were upwardly revised to 273,000, from the 225,000 previously reported, and December’s non-farm payroll additions were upwardly revised by 37,000 to 184,000. This brought average job gains over the past three months up to 243,000, or above the average from 2019, when job growth averaged 178,000 per month.

Along with those huge upward-revisions for December and January, the total additional jobs added in today’s report amounts to an incredible 358,000. Yet again, keeping with the pattern throughout the Trump Administration, the consensus of the mainly-liberal group of “experts” was proven to be embarrassingly low.

Over the past three months included in today’s report, here is how the actual jobs numbers compared to the projections of the “experts”:

December:  Jobs added – 184,000. Predicted – 160,000.

January: Jobs added – 262,000. Predicted – 165,000.

February: Jobs added – 273,000. Predicted – 175,000.

 

Taken together, this means that the actual jobs added over the past three months exceeded the “expert” projections by 219,000 jobs.

Over the past three years we have seen two distinct, consistent patterns related to these jobs reports:

  • The “expert” projections are significantly low almost every month;
  • The initial Labor Department reports are almost always low and must be revised upwards over the following 60 days. Most, in fact, are revised upwards not once, but twice before we finally get to a final number.

During the Obama years, these patterns were exactly reversed: Expert projections were consistently higher than actuals, and initial actuals reported by the Labor Department were consistently artifically high, and ended up being revised downwards, often twice, over the following 60 days.

Obviously, there is an ingrained political bias present in the group of “experts” surveyed by the biased media. Equally obviously, the DOL is still plagued by a gaggle of Obama holdovers who need to be cleaned out of there.

But today, let’s celebrate: Despite the best efforts of the Democrat/media propaganda complex, the fundamentals of the U.S. economy remained extremely strong in February.

That is all.

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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An Amazing Trump News Friday – Updated

At the end of what has unarguably been the best news week President Donald Trump has ever experienced, the hits just keep on coming. The news cycles just become more numerous and faster-moving as this Administration gains momentum. So I thought I’d just put together quick post of short-takes on several of today’s major items of great news:

WINNING ALERT! Another amazing jobs report hits the books. – The Labor Department jobs report comes in at a whopping 225,000 new jobs created in January, blasting “expert” projections of 160,000. The unemployment rate ticks up slightly to 3.6% due to thousands more former discouraged workers coming back into the workforce. Upwards revisions of 5,000 jobs for December, 2,000 for November.

We really do need a more competent set of “experts.”

Joe Walsh admits Trump “is unbeatable.” – The insignificant little wormy ex-GOP congressman ended his idiotic campaign, making his announcement on corrupt CNN. Because of course he did. In the course of that interview, Walsh admitted the President can’t be beaten by any RINO challenger like himself and that obscure former governor of Massachusetts who is also pretending to campaign against him, adding that Trump “literally is the greatest threat to this country right now. Any Democrat would be better than Trump in the White House.”

Adios, Joe. Don’t let the door hit you in your fat ass on the way out.

James Woods is back on Twitter! – The magnificent former actor, who had his account suspended last April by the speech Nazis who censor conservative thought on that social media platform, suddenly showed back up last night, and boy, is he in fine form. Here’s his first post back:

Better late than never, I guess.Bloomberg is reporting that CIA NSC mole Alexander Vindman may soon be losing his gig. Vindman’s dismissal or reassignment [more likely due to politics] may be a part of a general house-cleaning being planned by National Security Advisor Robert O’Brien. O’Brien said earlier this week that the NSC White House staff could be cut in half at the end of this process. That would be a true benefit to the nation. No word if Vindman’s similarly corrupt twin brother might also get scooted out of the White House. Let’s hope so.

Trump supporters fill key House committee roles. – Two key Trump supporters, Jim Jordan and Mark Meadows, were moved into key House committee roles by Speaker Kevin McCarthy, who himself is proving to be a light years’ improvement over sleazy predecessor Paul Ryan. Jordan will replace Georgia’s Doug Collins as ranking Republican on the House Judiciary Committee, given Collins’ race for US Senator in his home state. Meadows will move into the ranking member seat Jordan is vacating on the House Oversight Committee. Good news for the President to have these two great men policing the corrupt actions of the Democrat majorities on these committees.

Finally, the Democrats just keep descending deeper and deeper into the depths of antisemitism. – Watch as Fauxcahontas, without hesitation, endorses the antisemitic views of an audience member:

Dear Jewish voters: The Democrats hate you and want you dead. When will you wake up and stop voting for them?

UPDATE:  Trump defeats Democrats’ baseless emoluments clause lawsuit. – Per a report from Bloomberg News:

President Donald Trump beat back a lawsuit by 215 congressional Democrats who say he has been violating the Constitution’s emoluments clauses by profiting from foreign government spending at his Washington hotel and other properties.

A federal appeals court in Washington on Friday dismissed the case, saying members of the House and Senate lacked the legal standing to sue the president.

“The Members can, and likely will, continue to use their weighty voices to make their case to the American people, their colleagues in the Congress and the President himself, all of whom are free to engage that argument as they see fit,” a three-judge panel of the federal appeals court in Washington said on Friday. “But we will not—indeed we cannot—participate in this debate, overturning an April trial court ruling.“ They heard arguments on Dec. 9 in Washington.

BOOM.

 

That is all.

 

Today’s news moves at a faster pace than ever. Whatfinger.com is my go-to source for keeping up with all the latest events in real time.

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