U.S. private employers add 749,000 jobs in September, topping expectations

U.S. private employers hired at a faster-than-expected pace in September, created 749,000 new jobs last month, according to the ADP National Employment Report released Wednesday. The job creation figure topped the 650,000-job increase that economists surveyed by Refinitiv had expected.

Apple is responsible for creating and supporting 2.4 million US jobs across all 50 states.Megan Henney for FOXBusiness:

September hiring was spread across most industries, with the biggest gains taking place in manufacturing, which added 130,000; trade, transportation and utilities, up 186,000; and health care and social assistance, which added 101,000. Leisure and hospitality, one of the industries hit hardest by the crisis, added 92,000 workers. Professional and business services increased by 78,000, and construction added 60,000.

Large businesses led industries by size with the addition of 297,000 jobs last month at firms that employ more than 500 workers. Medium-sized businesses added 259,000 jobs, and small businesses added 192,000 employees.

The Labor Department’s jobs report is predicted to show the U.S. economy added 850,000 jobs last month, down slightly from August’s gain of 1.4 million. Analysts anticipate unemployment will edge lower to 8.2% from 8.4%.

MacDailyNews Take: Good news for the U.S. economy is good news for Apple!

18 Comments

    1. There will be no more stupid shutdowns.

      Blanket shutdowns will go down as one of the biggest mistakes made in modern history. A wild overreaction “cure” that inflicted more death, despair, and misery than the disease (COVID-19 is weak sauce, actually).

      Protect the vulnerable populations. Send kids back to school. Healthy adults should get back to work responsibly with social distancing, hand washing, and masks until the vaccine is widely available.

      Researchers from top institutions looked at the data on fatalities related to COVID-19 and those losses of life from unemployment and missed health care due to the shutdowns. What they find is startling: “the disease has been responsible for 800,000 lost years of life so far” while the lockdowns are responsible for a conservative estimate of “at least 700,000 lost years of life every month, or about 1.5 million so far.”

      In other words, the costs of the shutdowns on lost life-years is almost double that from COVID-19.

      Shutting down the economy is a cure clearly worse than the disease.

      What should the path forward look like? Responsibility, not restrictions. Social distancing, not shutdowns. And governments and civil society must be better prepared for major costly events.Vance Ginn, Ph.D

      The cumulative costs through September 23, 2020 were $25,778 per household ($3.1 trillion in aggregate). More info: http://pandemiccosts.com/

      1. I fully agree that healthy individuals should get back to work while observing reasonable public health guidance. The problem is that a very large subset of the public has been ignoring those guidelines, because the President is telling them to do so. As long as that is the case, we will continue with the cycle between shutdowns and surges.

        1. Try to keep up. Your talking points are staler than Joe Biden.

          We’re asking everybody that, when you are not able to socially distance, wear a mask. Whether you like the mask or not, they have an impact, they have an effect, and we need everything we can get.

          We’re instead asking Americans to use masks, socially distance, and employ vigorous hygiene — wash your hands every chance you get — while sheltering high-risk populations. We are imploring young Americans to avoid packed bars and other crowded indoor gatherings. Be safe and be smart.

          If you can, use the mask. When you can, use the mask. If you’re close to each other, if you’re in a group, I would put it on. When I’m in a group — if I’m in an elevator and there are other people with me, including, like, security people, it’s not their fault. They have to be in the elevator; I want to protect them also. I put on a mask.

          I have no problem with the masks. I view it this way, anything that potentially can help … is a good thing. I have no problem. I carry it. I wear it. You saw me wearing it a number of times and I’ll continue.

          Now, we have experts that have said, in the recent past, that masks aren’t necessarily good to wear. You know that. But now they’ve changed their mind. If they change their mind, that’s good enough for me. So I wear it when appropriate.President Donald Trump, July 21, 2020

          1. Absolutely, First Then. Always appreciate your command of verifiable facts particularly proving the partisan opinion hacks rooting for Biden, particularly TxUser. Look forward to learning more while exposing the merchants of lies and false information.

            1. I’m still waiting for TxUser to tell us more about the “Russians, Russians, Russians” of whom he was so enamored for several years, like the malleable dunce that he is.

              Director of National Intelligence John Ratcliffe provided the following declassified information to the Senate Judiciary Committee:

              “In late July 2016, U.S. intelligence agencies obtained insight into Russian intelligence analysis alleging that U.S. Presidential candidate Hillary Clinton had approved a campaign plan to stir up a scandal against U.S. Presidential candidate Donald Trump by tying him to Putin and the Russians’ hacking of the Democratic National Committee. The IC does not know the accuracy of this allegation or the extent to which the Russian intelligence analysis may reflect exaggeration or fabrication.”

              “According to his handwritten notes, former Central Intelligence Agency Director Brennan subsequently briefed President Obama and other senior national security officials on the intelligence, including the ‘alleged approval by Hillary Clinton on July 26, 2016 of a proposal from one of her foreign policy advisors to vilify Donald Trump by stirring up a scandal claiming interference by Russian security services.’”

              “On 07 September 2016, U.S. intelligence officials forwarded an investigative referral to FBI Director James Comey and Deputy Assistant Director of Counterintelligence Peter Strzok regarding ‘U.S. Presidential candidate Hillary Clinton’s approval of a plan concerning U.S. Presidential candidate Donald Trump and Russian hackers hampering U.S. elections as a means of distracting the public from her use of a private mail server.’”

              So, Crossfire Hurricane was Hillary’s idea and the Obama White House, including Joe Biden, were briefed on it by none other than CIA Director John Brennan.

              https://www.judiciary.senate.gov/press/rep/releases/chairman-graham-releases-information-from-dni-ratcliffe-on-fbis-handling-of-crossfire-hurricane

            2. So, Senator Graham regards an allegation by Russian agents as more credible than the US Intelligence Community. The issue isn’t how the Mueller investigation started, but how it concluded—with findings that the Trump Campaign worked closely with representatives of the Russian Government, but it was impossible to charge criminal conspiracy because there was insufficient evidence, thanks to a pattern of obstructing the investigation that the
              Trump Justice Department declined to prosecute. A bipartisan Senate committee with a Republican chairman reached essentially the same conclusion.

            3. As you already know would not hold my breath, First Then. If you do get a response it will be a deflection tedious inconsequential effort. TxUser is obviously a partisan hypocrite that only sees evil on one side of the political aisle. He will never say anything negative regarding Crossfire Hurricane, Comey, Hillary and the rest of crooked Democrat conspirators that broke federal law — making Watergate look tame like running a stop sign. If we only had an unbiased media, shameful how the New York Times has abandoned the tenets of serious journalism, these people would be in jail by now. Still, keep plugging along.

      2. “ COVID-19 is weak sauce, actually “
        Does any of
        https://www.sciencemag.org/news/2020/04/how-does-coronavirus-kill-clinicians-trace-ferocious-rampage-through-body-brain-toes
        or
        https://www.mayoclinic.org/diseases-conditions/coronavirus/in-depth/coronavirus-long-term-effects/art-20490351
        or
        https://www.thelancet.com/journals/laninf/article/PIIS1473-3099(20)30701-5/fulltext
        …deserve such a head-in-the-sand dismissal?

        Our large facility has witnessed an increase in lower limb amputations due to Covid-19 caused cardiovascular blood clots. The increase? 7000%
        Fully 40% were in the under 20 age group. The youngest was 27 months old, had mild symptoms in July, tested positive, made a seemingly full recovery but developed darkened skin patches and extreme toe pains. She lost both lower limbs and three fingers. She had no underlying health complications.
        As a surgeon I am accustomed to cardiovascular complication amputations but I have to say, I could not have done that operation.
        Such weak sauce indeed.

        I’ll keep it simple for you.
        You are either lying, or criminally uninformed.

        1. Yes, weak sauce.

          Businesses have been shut down for months, mostly in Democrat-run states. Tens of millions have become unemployed, mostly in Democrat-run states. Schools remain closed, mostly in Democrat-run states. Depression and suicides are rising, mostly in Democrat-run states. Since mid-March, life as we know it has been flipped upside down, especially in Democrat-run states.

          And all of this was because we were told that COVID-19 was a super-deadly virus that must be stopped at all costs. Literally.

          Only 6% of coronavirus deaths were solely due to the virus. As the data show, young and healthy people are almost at zero risk of dying from COVID-19. Moreover, the CDC report shows that 94% of patients who died from COVID-19 also had, on average, 2.6 comorbidities (diabetes, heart disease, high blood pressure or other significant respiratory diseases. A very significant number also were obese.)

          High-risk individuals for COVID-19 consist of the older population, specifically men, and those with underlying conditions.

          We were told shutting down the economy in the beginning was to “flatten the curve” and prevent hospitals from being overwhelmed. We complied. Both of those goals have been accomplished.

          Yet, even though the data show unequivocally that COVID-19 is nowhere near as deadly as “science” a.k.a. “the experts” initially predicted, there remains an almost-unquenchable thirst for power on behalf of many left-wing Democrat bureaucrats.

          What our country needs desperately is the freedom upon which it was found to be restored.

          1. Your “facts” are lies, of course. I have pointed out the fallacies so many times that I can see no point in doing it again. If you won’t accept eyewitness testimony from a surgeon, you are invincibly ignorant.

            206,000 Americans have died, and for many of them their only preexisting condition was trusting Donald Trump when he promised they were safe.

          2. You are correct. Tired hands. Should be 70.00%
            Our wing would normally cover around fifty amputations per week of which on average 20 – 25 would be cardiovascular related, just part of general surgical procedures.
            Since returning to near normal, the percentage presenting with late stage symptoms needing emergency amputations has increased 70.00%. Which inevitably reduces general surgery whilst increasing the ICU load.
            Yes, we are catching up on delayed procedures but that alone does not explain the increase and in no way accounts for the youngest age group who normally never present.
            I don’t do scare mongering, reality is all the evidence needed. The reality is that the list of post COVID sequelae is growing alarmingly, there are many surprises to come.
            I know nothing about business other than it is not possible if the Infection and fear of infection does not go away. You can’t just turn your back to make it disappear.
            Medical professionals generally are frustrated and angry that no real progress has been made to implement programmed widespread testing to isolate hotspots with effective targeted shutdowns.
            Washing your hands, social distancing and face masks don’t stop COVID, they just slow the inevitable.
            Personally, I find your posts dangerous.

    1. President Trump’s salary is $400,000 per year. President Trump does not accept a penny of his salary. He’s what he does with it, $100,000 per quarter:

      2017
      Q1 National Parks Service
      Q2 Department of Education
      Q3 Health and Human Services
      Q4 Department of Transportation

      2018
      Q1 Department of Veterans Affairs
      Q2 Small Business Administration
      Q3 National Institute on Alcohol Abuse and Alcoholism
      Q4 Department of Homeland Security

      2019
      Q1 Department of Agriculture
      Q2 U.S. Surgeon General’s Office
      Q3 Office of the Assistant Secretary of Health
      Q4 Department of Health and Human Services to combat COVID-19

      2020
      Q1 Department of Health and Human Services to combat COVID-19
      Q2 National Park Service

  1. “faster-than-expected” – Ever notice that when economic numbers during a Republican president are reported for the better, the so called experts are all taken aback at such unforseeable news, especially because it went against their expert calculations of lesser expectations. Yet, when a rosier outcome of economic numbers are expected to be reported during a Democratic president and the actual numbers fall extremely short, those so called experts and the typical newspapers are all “surprised”! I wonder why that is?

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