The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.
Showing posts with label Economic indicators. Show all posts
Showing posts with label Economic indicators. Show all posts

Friday, June 6, 2014

May Jobs Report, Economic Indicators, And A DIJA Approaching 17,000

Despite the GOP's overwhelming obstruction, economic sabotage and outright stifling jobs initiatives, coupled with avoidance of benefits to the unemployed, the US Economy continues on a path lined with evidence of improvement.

Many conservatives do not appreciate the following data and indicators of an improving economy, but our mission is not to placate nor demur to conservatives. If you think my comment was harsh, think about why the GOP has not uttered one word about the US economy for a few years. 

Christine Romans: One minute twelve seconds on the May Jobs report

CNN Money

jobs report data 060614


It took two years to wipe out 8.7 million American jobs but more than four years to gain them all back.

That's according to the Department of Labor's latest jobs report, which shows the U.S. economy added 217,000 jobs in May. With that job growth, there are now more jobs in the country than ever before.The last time we were near this point was January 2008, just before massive layoffs swept throughout the country, leading the unemployment rate to spike to 10%. The unemployment rate is unchanged at 6.3% for May, and much has improved since the worst of the crisis.

Three Major Market Indicators

CNN Money 

Dow Jones Industrial Average
(Dow Jones Global Indexes:INDU)

Data as of 4:32pm ET
 +88.17 / +0.52%
Today’s Change
TODAY|||52-Week Range

Quote Details

Previous close16,836.11
Day high16,924.28
Day low16,839.64
Today's volume80,529,087
Average daily volume (3 months)87,001,238
Average P/E15.9
1 year change+12.52%
Data as of 4:32pm ET, 06/06/2014

S&P 500 Index
(Market Data Express:SPX)

Data as of 4:31pm ET
 +8.98 / +0.46%
Today’s Change
TODAY|||52-Week Range

Quote Details

Previous close1,940.46
Day high1,949.44
Day low1,942.41
Average daily volume (3 months)499,614,078
Average P/E20.1
1 year change+20.15%
Data as of 4:31pm ET, 06/06/2014

Nasdaq Composite Index

Data as of 5:16pm ET
 +25.17 / +0.59%
Today’s Change
TODAY|||52-Week Range

Quote Details

Previous close4,296.23
Day high4,322.51
Day low4,305.74
Average daily volume (3 months)500,143,892
Average P/E25.8
1 year change+26.21%
Data as of 5:16pm ET, 06/06/2014

Next week, The Dow Jones Industrial Average will break through 17,000 for the first-time in US or DIJA History.

If the nation allows the GOP to takeover the Senate in November and give the presidency to the GOP in 2016, how long do you think it will take US markets to crumble. Trickle-down and GOP Non-regulation means economic disasters. 

If you have a few more minutes, take a look and listen at Al Shaprton's take on the June Jobs Report and that "job killer:" ObamaCare. Nice segment!
Job growth hits a record