Contribute
CONNECT:

research

Trump's January Jobs Report "Crushed It"

- February 3, 2017

"The First Jobs Report Under President Donald Trump Showed The Economy Added 227,000 Jobs In January." "The first jobs report under President Donald Trump showed the economy added 227,000 jobs in January, the Labor Department reported Friday, up from December's 157,000." (Marianne Levine, "Economy Added 227,000 Jobs In January," Politico , 2/3/17)

President Trump's "First Jobs Report" "Crushed It"

"The First Jobs Report Of 2017 Crushed It." (Elena Holodny, "Jobs Report Crushes, Wages Disappoint," Business Insider , 2/3/17)

"The First Monthly Jobs Report Since President Trump Took Office Showed That His Presidency Is Beginning With A Solid And Improving Employment Market." (Harold Maass, "The Economy Added 227,000 Jobs In January, More Than Expected," The Week , 2/3/17)

"The First Jobs Report Of The Trump Era Just Dropped And It Was Better Than Expected." (Myles Udland, "January Job Gains Crush Expectations, Wage Growth Disappoints," Yahoo! Finance , 2/3/17)

The First Jobs Report Of Trump's Presidency "Surpass[ed] Economists' Predictions." "In the first employment report of Donald Trump's presidency, the economy gained 227,000 jobs during the month of January, surpassing economists' predictions of 175,000." (Lucy Bayly, "First Jobs Report Of Trump Era Shows Solid Gains, Weaker Wages," NBC News , 2/3/17)

The January Jobs Report Was Just The Latest Sign That Businesses And Consumers Have Renewed Confidence After Trump's Election

The Jobs Market "Began 2017 On A High Note…Amid A Burst Of Business Confidence In The Trump Administration." "The labor market began 2017 on a high note as U.S employers added 227,000 jobs in January, raising the prospect of solid hiring this year amid a burst of business confidence in the Trump Administration." (Paul Davidson, "January Jobs Report Crush Expectations: 227,000 Added," USA Today , 2/3/17)

Businesses "Have Adopted A More Positive Outlook Since Trump's Election Victory In November," With Private Sector Optimism Soaring On Trump's Push To Cut Taxes, Eliminate Burdensome Regulations, And Invest In Infrastructure. "Measures of business sentiment indicate that many employers have adopted a more positive outlook since Trump's election victory in November. The president's promised tax cuts, deregulation and infrastructure spending have increased optimism that the economy's sluggish pace of growth will pick up. The National Federation of Independent Business said its measure of small business optimism soared 38 points in December to its highest level since 2004. And the Conference Board's consumer confidence index jumped to a 15-year high in December before dipping slightly last month." (Christopher S. Rugaber, "US Added A Healthy 227K Jobs Last Month; Rate Up to 4.8 Pct.," Associated Press , 2/3/17)

The Economy Has Seen "Improving Consumer And Business Sentiment" Since Trump Was Elected. "This broadly squares with improving consumer and business sentiment readings we've seen since the election, as taking the leap of faith to move from not looking for work at all to attempting to find a job requires some level of confidence about the economy." (Myles Udland, "January Job Gains Crush Expectations, Wage Growth Disappoints," Yahoo! Finance , 2/3/17)

  • "Consumer And Business Confidence Have Surged In The Wake Of Trump's Election Victory Last November." "Although details on the policy proposals remain sketchy, consumer and business confidence have surged in the wake of Trump's election victory last November." (Lucia Mutikani, "U.S. Job Growth Accelerates In January, But Wages Lag," Reuters , 2/3/17)

After A Lackluster 2016, "Most Recent Economic Data Have Been Positive" After Trump's Election, With Increases In Production, Hiring, Business Capital Investment, And Consumer Spending. "In the meantime, most recent economic data have been positive and have pointed to a pickup in growth this year after a lackluster 2016. American factories expanded last month at their fastest pace in more than two years, according to a private survey of purchasing managers. Production and new orders rose at a healthy pace. And a gauge of hiring suggested that manufacturers may have added jobs at a faster pace in January. Businesses are also spending more on such high-priced items as industrial machinery, computers and autos, a government report last week showed. Consumers are showing renewed health, too. They boosted their spending in December by the most in three months." (Christopher S. Rugaber, "US Added A Healthy 227K Jobs Last Month; Rate Up to 4.8 Pct.," Associated Press , 2/3/17)

Glassdoor Chief Economist Andrew Chamberlin Said "The US Economy Is Riding A Wave Of Bullish Consumer Sentiment Right Now" In The Wake Of Trump's Election. "'The US economy is riding a wave of bullish consumer sentiment right now, not uncommon following presidential elections in the past,' Andrew Chamberlain, the chief economist at Glassdoor, wrote after the report." (Elena Holodny, "Jobs Report Crushes, Wages Disappoint," Business Insider , 2/3/17)

January's Report Showed That "Nearly All Sectors Of The Economy Added Jobs"

American Businesses "Hired Briskly In January And More Americans Joined The Workforce." "U.S. employers hired briskly in January and more Americans joined the workforce, suggesting the labor market still has room to grow after years of expansion." (Josh Mitchell and Ben Leubsdorf, "U.S. Added A Robust 227,000 Jobs In January," The Wall Street Journal , 2/3/17)

"Last Month's Job Gains Were Spread Across A Range Of Industries." (Josh Mitchell and Ben Leubsdorf, "U.S. Added A Robust 227,000 Jobs In January," The Wall Street Journal , 2/3/17)

  • "Nearly All Sectors Of The Economy Added Jobs In January." (Lucia Mutikani, "U.S. Job Growth Accelerates In January, But Wages Lag," Reuters , 2/3/17)
  • "All Of The Goods Producing Sectors, Which Tend To Pay Higher Salaries, Added Jobs." "Stuart Hoffman, chief economist of the PNC Financial Services Group, noted that all of the goods producing sectors, which tend to pay higher salaries, added jobs. Construction companies added 36,000; manufacturers, 5,000; and mining and logging, 4,000." (Paul Davidson, "January Jobs Report Crush Expectations: 227,000 Added," USA Today , 2/3/17)

"Construction Employment Grew By 36,000, A Significant Pickup From The Industry's 2016 Trend." (Josh Mitchell and Ben Leubsdorf, "U.S. Added A Robust 227,000 Jobs In January," The Wall Street Journal , 2/3/17)

January's 227,000 Jobs Beat The 2016 Average By 40,000 Jobs. "January's job gain was the best since September, and it exceeded last year's average monthly gain of 187,000, the Labor Department said Friday." (Christopher S. Rugaber, "US Added A Healthy 227K Jobs Last Month; Rate Up to 4.8 Pct.," Associated Press , 2/3/17)

President Trump's First Jobs Report Helped Propel Stocks Higher. "U.S. stocks open sharply higher, driven by the jobs report and the news that President Donald Trump today will roll back some key post-crisis financial regulation. The Dow Jones Industrial Average pops more than 100 points at the bell to reach 20003, after spending most of the week under 20000." ("January Jobs Report: Everything You Need To Know," The Wall Street Journal, 2/3/17)

With Just A Look At The Headlines, It's Easy To See That January's Jobs Report Was "Robust," "Strong," "Healthy," And Beat Expectations

USA Today Headline: "January Jobs Report Crushes Expectations: 227,000 Added" (Paul Davidson, "January Jobs Report Crush Expectations: 227,000 Added," USA Today , 2/3/17)

Fortune Headline: "Job Growth Heats Up In January Employment Report" (Stephen Gandel, "Job Growth Heats Up In January Employment Report," Fortune , 2/3/17)

Los Angeles Times Headline: "U.S. Economy Creates Robust 227,000 Jobs In January; Unemployment Rate Remains Low At 4.8%" (Jim Puzzanghera, "US Economy Creates Robust 227,000 Jobs In January; Unemployment Rate Remains Low At 4.8%," Los Angeles Times , 2/3/17)

The Wall Street Journal Headline: "U.S. Added A Robust 227,000 Jobs In January" (Josh Mitchell and Ben Leubsdorf, "U.S. Added A Robust 227,000 Jobs In January," The Wall Street Journal , 2/3/17)

CNN Money Headline: "U.S. Economy Adds A Strong 227,000 Jobs In January" (Patrick Gillespie, "U.S. Economy Adds A Strong 227,000 Jobs In January," CNN Money , 2/3/17)

Associated Press Headline: "US Added A Healthy 227K Jobs Last Month; Rate Up To 4.8 Pct." (Christopher S. Rugaber, "US Added A Healthy 227K Jobs Last Month; Rate Up to 4.8 Pct.," Associated Press , 2/3/17)

The Week Headline: "The Economy Added 227,000 Jobs In January, More Than Expected" (Harold Maass, "The Economy Added 227,000 Jobs In January, More Than Expected," The Week , 2/3/17)

The Guardian Headline: "US Economy Adds 227,000 Jobs In January - The Best Figures Since June" (Dominic Rushe, "US Economy Adds 227,000 Jobs In January - The Best Figures Since June," The Guardian , 2/3/17)

Forbes Headline: "Jobs Growth Beats Expectations: U.S. Added 227,000 Jobs In January" (Maggie McGrath, " Job Growth Beats Expectations: U.S. Added 227,000 Jobs In January," Forbes , 2/3/17)

NPR Headline: "U.S. Added 227,000 Jobs In January, Outpacing Expectations" (Colin Dwyer, "U.S. Added 227,000 Jobs In January, Outpacing Expectations," NPR , 2/3/17)

CNBC Headline: "Us Created 227,000 Jobs In January Vs 175,000 Jobs Expected" (Jeff Cox, "US Created 227,000 Jobs In January, Vs 175,000 Jobs Expected, CNBC , 2/3/17)

Economic Commentators Agree The January Jobs Report Is A Good Sign For The Economy

Citizens Bank's Tony Bedikian Cited The January Jobs Report As Part Of The "Positive Momentum That We've Seen In Many Of The Markets" Since The Election. "'The number is pretty right on target with the really positive momentum that we've seen in many of the markets over the last three to four months, particularly since the election,' said Tony Bedikian, head of global markets at Citizens Bank. 'This keeps the trajectory of optimism on course.'" (Jeff Cox, "US Created 227,000 Jobs In January, Vs 175,000 Jobs Expected, CNBC , 2/3/17)

Northern Trust Chief Economist Carl R. Tannenbaum: "This Is A Good, Good Number." "'The labor market started 2017 on the front foot,' said Carl R. Tannenbaum, chief economist at Northern Trust. 'This is a good, good number.'" (Patricia Cohen, "U.S. Starts Year With Job Surge, But Pay Gains Are Weak," The New York Times , 2/3/17)

Chicago Federal Reserve President Charles Evans: Friday's Jobs Report Was "Very Good" News. "A government report early Friday showing U.S. employers added more jobs than expected last month was 'very good' news, Chicago Federal Reserve President Charles Evans said." ("Fed's Evans Says January Jobs Report Was 'Very Good,'" Reuters , 2/3/17)


Previous post

Democrats Support President Trump's Iran Sanctions

Next post

Acclaim Greets Secretary Tillerson On First Day At The State Department
Republican National Committee

Connect With Us

Republican National Committee
Chairwoman Ronna McDaniel
News & Videos
  • 310 First Street SE, Washington, DC 20003
  • 202-863-8500

By providing your phone number, you are consenting to receive calls and SMS/MMS msgs, including autodialed and automated calls and texts, to that number from the Republican National Committee. Msg&data rates may apply. Terms & conditions/privacy policy apply 80810-info.com.

Paid for by the Republican National Committee. Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com

By providing your phone number, you are consenting to receive calls and SMS/MMS msgs, including autodialed and automated calls and texts, to that number from the Republican National Committee. Msg&data rates may apply. Terms & conditions/privacy policy apply 80810-info.com.

Paid for by the Republican National Committee.
Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com