The latest jobs report is here. The U.S. added more jobs to the economy than expected last month, but what about wages? Ali Velshi and Stephanie Ruhle break down the new numbers.
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The U.S. Added More Jobs Than Expected, But What About Wages? | Velshi & Ruhle | MSNBC

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23 Comments

truth troll · September 7, 2018 at 7:31 pm

How about a breakdown in what sectors the jobs are in! Low unemployment is fabulous, and on par with where the numbers have been heading for more years than trump will admit. However not many people can support a family on many of these jobs, great for kids in school and such but not the main breadwinner of the family

Masson H · September 7, 2018 at 7:31 pm

Invoking the 25th amendement doesn’t create a constitutional crisis, it solves one …
.

Cliff Roberson · September 7, 2018 at 7:35 pm

2.9% isn't enough to cover sales tax. What about the tax cut for the wealthy, how much did they get again? Oh yeah.. 83% of the tax cuts went to 1% of the country.

Benjamin Buckley · September 7, 2018 at 7:41 pm

McJobs.

matt ola · September 7, 2018 at 7:50 pm

Since 2000 the US has added a net increase of 16.2 million new jobs. Since 2007 the US has added a net increase of 10.5 million new jobs. But in 2017 and 2018 the US has added a net of 3.5 million new jobs.
This means that more than one third of the increase in jobs over the past 12 years have occurred under President Trump. Also, since the year 2000, more than 20% of the increase in jobs have been added during President Trump’s economy.

She's my President · September 7, 2018 at 8:04 pm

What needs to happen is MSNBC wages must be reduced and that wealth redistributed to workers in these new factories popping up. I myself will be going into business selling Velshi Muppet Puppets (Muppets that look like VELSHI)

Charles Tate · September 7, 2018 at 8:04 pm

Many if not most of these jobs are minimum wage or close to minimum wage jobs with little to no benefits…

davmanx · September 7, 2018 at 8:08 pm

201,000 jobs added
why the unemployment wattage stays unchanged
Only logical explanation is —
201,000 jobs lost unannounced

Louise B · September 7, 2018 at 8:13 pm

It is because the Baby Boomers are retiring, not Trump!!!!! He road in on the coattails of President Obama's successes! As usual, he takes the credit when it is not his to take!

p ace · September 7, 2018 at 8:22 pm

U sure your numbers r correct?!!!! Maybe Russians hacked into this too…. Maybe my eyes seeing things up side down coz i know many many people who r under pressure, financially…. Must be another scam or some type of bubble

L G · September 7, 2018 at 8:22 pm

Jobs increase and increase in minimum wage is due to Obama administration but taken effect during Trump administration. He's taking credit for what the Democrats approved of. My healthcare is the result of Obamacare too. Thanks be to God! Trump doesn't have a health are plan I can afford!

javi del · September 7, 2018 at 8:25 pm

living wages is a right! complaint about that trolls.

cstuff · September 7, 2018 at 8:26 pm

if unemployment stayed the same then the same number of people were FIRED or laid off…so no gains.
wages increased less than the cost of living, so the average worker's actually taking home less.

Larry Hankamer · September 7, 2018 at 8:30 pm

The only reason the economy is doing well is because Republicans are borrowing $800 BILLION to stimulate the economy. The deficit this year is $800 BILLION. Projected to be $900 BILLION next year and $ONE TRILLION in 2020. We can't afford risking adding TRILLIONS to the National Debt.

AJ Beamish · September 7, 2018 at 9:15 pm

People are working 2-3 jobs to barely pay rent & eat. Meanwhile your Wall Street pals are sitting high on the hog.

But, yah, "things are better". SMH

The Alpengeist · September 7, 2018 at 9:18 pm

Hilarious! If Trump saved a group of kids from a burning building, the Liberal media would condemn him for not putting the fire out while he was doing it. #WALKAWAY

Adang Amiarsa · September 7, 2018 at 9:50 pm

Suddenly we have tons of Internet PhD here.

😂

Nel Turner · September 7, 2018 at 10:14 pm

That's right. Raise the wages and interest rates on mortgages and car loans. Who needs a good deal on a house and a car which stimulates more ppl to buy and keeps ppl working. smfh

Leeanne Bishop · September 7, 2018 at 10:24 pm

What jobs your dam cars are on recall duhhhhh and no wages ya right

Laverne Williams · September 8, 2018 at 2:11 am

Where is the wages going up at?

Stash186 · September 8, 2018 at 7:20 am

#MAGA #Winning #TDS

Stash186 · September 8, 2018 at 7:23 am

What a stuttering amateur

Ver Coda · September 8, 2018 at 9:44 am

Two things. Firstly, the Trump administration appears to be just sailing along on the economic currents created by eight years of Obama’s administration – the data tracking backwards just puts Trump’s ‘achievements’ slipstreaming along in the same trajectory created by his predecessor, and God knows we’ve seen precious little initiative out of this administration to do anything particularly tangible to help the US economy, although latterly we’re seeing it do plenty to harm it.

Secondly – and Obama is guilty of this, too – job creation and jobs growth is largely pointless to crow about if they’re paid pitifully, with precious little security. A significant number of Americans work two or more jobs – but as far as the bean counters go, they don’t care if you’ve a job for 12 hours a week in one place, paying 12.50 an hour, and 26 hours a week somewhere else, paying 13.20 an hour – “that’s two jobs”. Throw in ways to chuck people off social welfare/unemployment payments, count jobless people who may be doing a training course as ‘training’ (so, not jobless, so, that’s a drop in the jobless figure), and similar smoke and mirrors ruses that all governments try to get away with, and the ‘jobs growth’ isn’t anywhere near as laudable as it appears.

A truer metric would be to calculate the number of permanent, secure jobs with at least a livable wage, rather than counting zero-hours McJobs with a minimum wage or less (yes, I’m looking at you, people trapped in ‘gig economy’ jobs) – but of course, the Trump administration will never, ever do That (just as Obama and his predecessors didn’t, and Clinton wouldn’t have); at the same time, Trump’s base aren’t savvy enough to grasp or think about such blunt socioeconomic realities, so they’ll just cheer “Jobs Up! Jobs good! Trump good!” like seals in a car horn line without thinking through the data that’s been collated, and the metrics of calculating that data.

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