US economy added 312,000 jobs in December, blowing past expectations

 

US economy added 312,000 jobs in December, blowing past expectations

By: Megan Henney
Fox Business

January 4, 2019

U.S. employers added 312,000 jobs in December, blowing past Wall Street’s expectations for an increase of 177,000 jobs, even on the heels of a tumultuous month for the markets that saw the Dow Jones Industrial Average and S&P 500 post their worst performance since the Great Depression.

The unemployment rate rose to 3.9 percent, while the labor force participation rate also rose slightly to 63.1 percent from 62.9 percent during the month. Average hourly earnings meanwhile rose by 11 cents to $27.48. Over the year, average hourly earnings have increased by a total of 84 cents, or about 3.2 percent.

Although experts categorized the gains as unsustainable, they also said it meant an economic recession may not occur as soon as once believed.

“The U.S. economy will eventually fall into recession, maybe as soon as next year, but the December employment report indicates that this isn’t going to happen anytime soon,” said David Berson, the chief economist at Nationwide.

Jobs numbers come on the heels of a report Thursday from payroll processing firm ADP, which revealed the private sector added 271,000 jobs in December, soaring past analysts’ expectations of 178,000 jobs.

Analysts anticipated that unemployment would hold steady at 3.7 percent, the lowest number in nearly 50 years, while forecasting the creation of 177,000 jobs, according to economists polled by Refinitiv (formerly Thomson Reuters).

However, the rise in the unemployment rate likely stemmed from a jump in the labor force participation rate — not a shortage in new jobs — because at 63.1 percent, it’s at the highest level in more than a year, tied for the highest rate since 2013.

The stronger-than-expected number — which was applauded by President Trump on Twitter — comes in the midst of concerns about a softening economy

Donald J. Trump

@realDonaldTrump

GREAT JOBS NUMBERS JUST ANNOUNCED!

On Wednesday, after Apple cut its quarterly revenue estimates by billions of dollars, shares of the iPhone maker plummeted. CEO Tim Cook blamed the decline in sales largely on a nearly year-long trade war between the U.S. and China that’s rattled both countries’ economies.

The strong employment could also lend itself to additional tightening of monetary policy by the Federal Reserve this year.

Policymakers at the U.S. central bank voted in December to raise short-term interest rates for the fourth time in 2018, despite pressure from Trump to do otherwise. They signaled a slower pace of gradual rate hikes in 2019, expecting to hit neutral by the end of the year.

“What the Fed actually will do with respect to policy will depend on ongoing economic data, and today’s strong employment report points to more near-term tightening,” Berson said. “But if future data show slowing, a ‘data dependent’ Fed will take that into consideration.”

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It’s still our country…

 

Helping Our Partner China We Must Empathize with the Struggling Taliban

 


BREAKING NEWS!

More Obama bucks to be extended! It iss (typo) time once again to play “name all those jackasses” that are still in the State Department and Pentagon!

The U.S. is offering Taliban narco-jihadists — the killers behind most American military fatalities during the ongoing Afghan war and fully supported by Pakistan for it’s benefit as well as to benefit China and Iran — safety and job opportunities as part of a peace deal ($35,000 a pop)

Report: U.S.-Afghan Peace Deal Includes Safety and Job Offers to Taliban

 

The U.S. is offering Taliban narco-jihadists — the killers behind most American military fatalities during the ongoing Afghan war — safety and job opportunities as part of a peace deal, Pakistan’s Dawn newspaper reported on Thursday, citing a Pentagon plan.

Dawn quotes the Pentagon’s plan sent to Congress this week as saying, “Although some members of the Taliban may be weary of fighting and ready to lay down their weapons, they will only rejoin society if they believe their safety and the safety of their families are guaranteed, and if they have an opportunity to earn enough money to provide for their families.”

The Taliban has reportedly indicated it is willing to allow a residual U.S. military presence to remain in Afghanistan to train local forces, including prospective ex-Taliban jihadis, to take on the Islamic State (ISIS/ISIL) and other terrorist groups.

Despite millions in American taxpayer funds devoted to a similar initiative — the Afghanistan Peace and Reintegration Program (APRP) — the program closed its doors in 2016 due to a lack of progress in keeping so-called reintegrated terrorists away from jihadi activities.

Between the program’s creation in 2010 and 2014, over 9,000 Taliban terrorists were reportedly reintegrated into Afghan society at the cost of about $35,000 each, with the United States bearing most of the burden.

In 2017, the U.S. Special Inspector General for Afghanistan Reconstruction (SIGAR), a watchdog agency, reported that the Trump administration was preparing to launch a successor to the APRP.

“According to [the] State [Department], the APRP is expected to shift from the disarmament, demobilization, and reintegration focus of the APRP to negotiating political settlements with armed opposition groups, forging national and international consensus on a peace process, and promoting and institutionalizing a culture of peace,” SIGAR explained.

Consistent with ongoing campaigns from China, Pakistan, Russia, and other world powers, U.S. President Donald Trump’s administration has intensified efforts in recent months to convince the Taliban to make peace with Kabul. The Trump administration has come out in full support of Afghan President Ashraf Ghani’s offer to the jihadi group of a ceasefire and official recognition as a legitimate political power, which could lead to the terrorist group governing Afghanistan again as they were before U.S. troops overthrew the Taliban regime at the end of 2001.

Citing the Pentagon, Dawn reports that Kabul has failed to develop “a national reintegration program.”

“While the Trump administration appears keen to start withdrawing US forces from Afghanistan, the Pentagon advocates maintaining enough troops in Afghanistan to force the Taliban to join peace talks” the newspaper notes, adding:

The Pentagon also supports the peace process initiated by US Special Represen­tative for Afghanistan Rec­o­n­ciliation (SRAR), Ambas­sador Zalmay Khalilzad, who has already held a series of meetings with Taliban in Qatar and the UAE and regularly visits Afghanistan and its neighboring states, like Pakistan and India. Increased military pressure on the Taliban, international calls for peace, and the new SRAR’s engagements appear to be driving the Taliban to negotiations, says the Pentagon report.

Last week, news reports surfaced claiming Trump is considering plans to reduce America’s military presence in Afghanistan by half to 7,000. However, Gen. Joseph Dunford, the highest-ranking military official in the United States as the chairman of the Joint Chiefs of Staff, dismissed the reports as “rumors.”

“There’s all kinds of rumors swirling around,” Dunford told U.S. forces, Stars and Stripes reports. “The mission you have today is the same as the mission you had yesterday.”

A day after Dunford’s comments, Army Gen. Scott Miller, the top commander of U.S. and NATO forces in Afghanistan, also stated that he had received “no orders” to withdraw American forces from the country yet.

Opium cultivation and its heroin derivative are the top sources of funding for the Taliban. Although the vast majority of opioid-linked drugs enter the U.S. from Latin America, a small amount of Afghan heroin makes onto American soil and is fueling, if only slightly, the drug overdose epidemic that kills tens of thousands each year. It remains uncertain what role the Taliban’s heavy involvement in opium cultivation and heroin trafficking is playing in ongoing peace talks led by the U.S.

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Press Release: Updated Joint U.S.- Mexican Border Security Zone Proposed

Press Release

 

Joint U.S.- Mexican Border Security Zone Proposed

 

 

MONTANA DECEMBER 4, 2018

MG Paul E. Vallely (US Army Ret) has proposed the establishment of an enhanced security zone twenty miles deep on each side of the U.S. – Mexican border to be jointly monitored. Any group or persons occupying this zone engaging in criminal or illegal activities against Mexico or the United States would be targeted, engaged and neutralized.

The unfettered movement of transnational criminals, Islamic extremists, and illegal border crossers transiting our porous southern border poses a clear and immediate national security threat. The sophistication of the illicit networks that traffic in narcotics, foment terror and exploit human suffering for profit has exceeded our current ability to protect the homeland.

The northern states in Mexico; Baja California Norte, Sonora, Chihuahua, Coahuila, Nuevo Leon, and Tamaulipas are under rogue control, and the Mexican Police and Army are helpless to stop them. It is, therefore, in the national interest of the United States and the responsibility of the federal government to restore order on the border as well across our borders. Because of this clear and present danger to US Citizens and our economy, positive action must be taken without further delay.

 

We must continue to be vigilant but adopt a more aggressive, offense-oriented border strategy. You cannot win and defeat this national threat by being on defense all the time using limited assets and restrictive rules of engagement.

The U.S. government has not yet formulated a comprehensive and integrated National Border Security Strategy, which, in addition to law enforcement brings to bear all the instruments of national power – diplomatic, intelligence, military and economic – and coordinated by a single command and control system spanning our southern land border and ports of entry.

The proposed plan uses elements of the conventional and unconventional military and law enforcement assets. It combines the best use of already-existing forces that will encompass intelligence, targeting and structural organization to accomplish the mission, including base operations, offensive, and defensive operations.

The first step is to organize three Joint Border Task Force Groups (JBTFG) and position them in three operational bases, one in Texas, one in Arizona and another in Southern California. These bases have been identified but will be kept confidential for now. Each JBTFG will be organized based on joint task forces of Special Ops, Army, Air Force, and Navy. Selected units and personnel will be relocated and moved to the designated bases. A Joint Operations Center will be established for US and Mexican personnel.

Approximately 5,000 military personnel would be assigned to each JBTFG. The organization would be commanded by a Two Star “Warrior” and each of the three JBTFGs would be commanded by a Brigadier General. The mission for the military element of the Command would be to target and conduct offensive operations on the Mexican side of the border in coordination with Mexican authorities, when possible. National Guard, Border Patrol, DEA, and local sheriff’s units would conduct border security operations on the United States side of the border. This initiative does not violate any existing Posse Comitatus laws. Integrated operations will be conducted with the National Guard on the border states as well as US Border Patrol and DEA.

“The concerns and anxiety of Americans, particularly in the Border States have grown significantly in the past year. Changes in law enforcement operations have forced smugglers of drugs and illegal aliens into ever more isolated areas, increasing the number of deaths and the level of violence to a point where even the most hardened enforcement officials are alarmed. The political ferment over illegals has never been greater – much concern as the result of the Kate Steinle murder verdict in San Francisco Seventy-eight percent of Americans think and know that the government is not doing enough to control our borders; talk shows bristle with demands for action. Additionally, Global jihad and jihadis are a major threat as they eye the southern border as a path of least resistance to strike inside the United States.” said Vallely.

 

MG Vallely presented his plan to the White House, DOD, and DHS three months ago and the President has, in Phase One, moved Active Duty Forces to the Border.

 

Media Contact:

 

 MG, US Army (Ret)

Chairman, Stand Up America US Foundation

Chairman – Legacy National Security Advisory Group

Founding Member – Citizens Commission on National Security

Co – Trustee , Soldiers Memorial Fund Foundation

chairmanstandupamericaus@gmail.com

Web/Blog: www.standupamericaus.org

Phone (c) : 406 890-4201

Skype: paulvallely

 

Happy Thanksgiving 2018!

The entire staff at Stand Up America US Foundation wishes everyone a Happy Thanksgiving!

 

By: George Washington, President of The United States of America

Whereas it is the duty of all nations to acknowledge the providence of Almighty God, to obey His will, to be grateful for His benefits, and humbly to implore His protection and favor; and Whereas both Houses of Congress have, by their joint committee, requested me to recommend to the people of the United States a day of public thanksgiving and prayer, to be observed by acknowledging with grateful hearts the many and signal favors of Almighty God, especially by affording them an opportunity peaceably to establish a form of government for their safety and happiness:

Now, therefore, I do recommend and assign Thursday, the 26th day of November next, to be devoted by the people of these States to the service of that great and glorious Being who is the beneficent author of all the good that was, that is, or that will be; that we may then all unite in rendering unto Him our sincere and humble thanks for His kind care and protection of the people of this country previous to their becoming a nation; for the signal and manifold mercies and the favorable interpositions of His providence in the course and conclusion of the late war; for the great degree of tranquility, union, and plenty which we have since enjoyed; for the peaceable and rational manner in which we have been enabled to establish constitutions of government for our safety and happiness, and particularly the national one now lately instituted for the civil and religious liberty with which we are blessed, and the means we have of acquiring and diffusing useful knowledge; and, in general, for all the great and various favors which He has been pleased to confer upon us.

And also that we may then unite in most humbly offering our prayers and supplications to the great Lord and Ruler of Nations and beseech Him to pardon our national and other transgressions; to enable us all, whether in public or private stations, to perform our several and relative duties properly and punctually; to render our National Government a blessing to all the people by constantly being a Government of wise, just, and constitutional laws, discreetly and faithfully executed and obeyed; to protect and guide all sovereigns and nations (especially such as have shown kindness to us), and to bless them with good governments, peace, and concord; to promote the knowledge and practice of true religion and virtue, and the increase of science among them and us; and, generally to grant unto all mankind such a degree of temporal prosperity as He alone knows to be best.

Given under my hand, at the city of New York, the 3rd day of October, A.D. 1789.