Journal 3

ENWR 1507

                                                                                                                   Reflective Journal 3

                                                                                                                                         09/06/2018

                                                                                                      Carlos Cerna Reichmann

“Good News for Trump: Private Sector Added More Jobs than Expected in August.”

            The article begins by quoting a report by the ADP Research Institute (ADP) that showed that American economic projections for the month of July were surpassed by a substantial amount, approximately 55,000 more jobs than expected. The ADP expected 140,000 new jobs to be created, but the final output was 195,000. Bloomberg reported that payrolls also increased, by 195,000, and that filings for unemployment benefits are now at their lowest point since 1969. One final report by the Wall Street Journal concerning the month of August was added, stating that the U.S. Department of Labor’s Bureau of Labor Statistics would release its August nonfarm jobs data on the following Friday. Economists polled by the Wall Street Journal are expecting the creation of 150,000 more jobs, reducing the unemployment rate to 3.7%.

Furthermore, the article addresses the vice-president and co-head of the ADP, Ahu Yildirmaz, stating that job growth has been balanced amongst large-, medium- and small-size companies. Finally, the article talks about Jim Cramer and his views on the trade war with China, noting his surprise at the mentality of the US consumer, who keeps buying Chinese goods despite the tariffs, and that the claims of a manufacturing recession are overblown.

            The organization of the article by Hank Bernstein is helpful. The first tasks he addressed, in the first paragraphs, were studies and data from organizations such as the ADP, Bloomberg, and the U.S. Department of Labor’s Bureau of Labor Statistics. This is useful, because it helps the reader form a clearer view of the statistical figures and data from the recent months of the US economy.

Finally, the author provides quotes from recognized experts from the economic and reporting areas; this provides more credibility and formality to the article. The sense of believability and objective analysis which the author sustains in this article helps advance a fruitful discussion contrasting data about important events occurring in the U.S economy, and helps make implications regarding them.

Berrien, Hank. “Good News for Trump: Private Sector Added More Jobs than Expected in August.” The Daily Wire, 5 Sep. 2019. Retrieved from dailywire.com/article/news. Accessed 9 September 2019.