The Obama Diary

The economy added 257,000 jobs in January, part of the strongest three-month growth since 1997. Let's keep it going: ofa.bo/q2n0

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Barack Obama (@BarackObama) February 06, 2025

Our businesses have added: 11.8 million jobs over 59 months ✓ 3.1 million in the last year ✓ 267,000 last month ✓ http://t.co/7hdqfE4ovP

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The White House (@WhiteHouse) February 06, 2025

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#FF @BarackObama & thank him for the best jobs #s IN DECADES despite 6yrs of TOTAL GOP OBSTRUCTION. #ProudOfMy4Votes http://t.co/JfwHhigPqd

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  (@Only4RM) February 06, 2025

November jobs report was revised up to 423K. I believe the technical term for that kind of economic data is "awesome."

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Michael Grunwald (@MikeGrunwald) February 06, 2025

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Victoria Stilwell: Jobs Report Crushes It

The U.S. labor market leaped forward in January, capping the greatest three-month jobs gain in 17 years and delivering the biggest wage increase since 2008. Payrolls advanced by 257,000 last month following increases in December and November that were even bigger than previously reported, figures from the Labor Department showed Friday in Washington. The unemployment rate rose to 5.7 percent from 5.6 percent as more than a million Americans streamed into the labor force seeking work. The sustained employment gains are creating a virtuous cycle as Americans spend newfound incomes on goods and services. The growth in jobs will probably help assure Federal Reserve policy makers that the expansion is well-rooted and can withstand an increase in interest rates later this year.

1 million jobs, 3 months. The economy hasn't been this good since 1997 thebea.st/1LUcsJu http://t.co/ZAsysJCdoZ

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The Daily Beast (@thedailybeast) February 06, 2025

“These are pretty amazing numbers,” said Nariman Behravesh, chief economist at IHS Inc. in Lexington, Massachusetts, and the top forecaster of payrolls over the last two years, according to data compiled by Bloomberg. “The January number is strong, but then you’ve got sizzling November and December numbers too. And then you’ve got the wage gains.” Average hourly earnings jumped 0.5 percent, the most since November 2008, from the prior month. They were up 2.2 percent over the past year, the biggest advance since August. Payroll gains averaged 336,000 over the last three months, the strongest since a comparable period ended in November 1997. A striking aspect of the report was a revision that added 147,000 jobs to the payroll tally for the previous two months, which also incorporated adjustments back to 2010. Employment in November was revised up to a 423,000 gain, the most since May 2010. Private payrolls, which exclude government agencies, soared 414,000 that month, the biggest advance since September 1997.

More here

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Breaking: POTUS observes GOP going over the latest jobs report... http://t.co/1a3sf0z6s7

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Mr. NFTG (@Kennymack1971) February 06, 2025

Virtually all the growth in the recovery has been in full-time jobs. http://t.co/ejjdzHg42z

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Ben Casselman (@bencasselman) February 06, 2025

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Just got off the phone with the top payrolls economist. Best way to describe his reaction is euphoric.

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Victoria Stilwell (@toristilwell) February 06, 2025

Yellen and Dudley right now http://t.co/4wFPAOKhn9

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Craig Drake (@csdrake) February 06, 2025

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Consistent payroll gains, very strong revisions, very strong wage gains, that adds up to an excellent report to me.

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Neil Irwin (@Neil_Irwin) February 06, 2025

Just for kicks, let's compare job creation in Obama's 5th & 6th years vs. other two-termers on.msnbc.com/1LUzcct http://t.co/WC5PdCCNue

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Steve Benen (@stevebenen) February 06, 2025

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Continue reading ‘Jobs, Jobs, Jobs. Thanks, President Obama’