"Last Economic Snapshot Before the Election Shows Healthy Job Growth"
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"Last Economic Snapshot Before the Election Shows Healthy Job Growth"
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11-04-2016, 07:27 PM
 stunned, as usual As we continue to pull away from the Republican-rigged second worst economic disaster in U.S. history. "The government, delivering the last major snapshot of the economy before Election Day, reported on Friday that employers added 161,000 workers in October, a performance that suggested a healthy outlook for the months ahead." "unemployment rate dipped to 4.9 percent"
11-04-2016, 07:43 PM
Still, the total labor force is down thanks to us baby boomers retiring right and left.
11-04-2016, 08:16 PM
I guess things are slow in the "big room". Maybe older workers should offer to resign and give a younger guy a chance.
All this "free time" supposedly gainfully employed people have adds up to mucho posting, don't you think? Maybe they need some Pepto-Bismol to calm down and stop posting a mile a minute. The election has got their hormones all akimbo. It's a good substitution for a real life.
11-04-2016, 08:27 PM
"Maybe they need some Pepto-Bismol to calm down and stop posting a mile a minute."
...says the guy who spammed the board for weeks posting nothing but links to bogus right-wing sites. At least he's using words now.
11-04-2016, 09:28 PM
Steve G. wrote: No, SteveG, real unemployment is double your fudged up fantasy, it is actually at 9.5 percent...
11-04-2016, 09:53 PM
max wrote: No, SteveG, real unemployment is double your fudged up fantasy, it is actually at 9.5 percent... It's true that there are different categories for reporting unemployment, but you have to compare U1 with U1, etc. If you want to use a different category and claim that the number is twice as high as the 4.9% figure, then let's also have the same category for the end of George W Bush's presidency and for the first 6 months of Obama's presidency. (It's like the pitcher who is taken out of the game with a couple of runners on base is charged for any runs scored by them -- the president has to make things happen, and it takes a while, say six months to a year.) For more than a century, Democratic presidents have done better than Republican presidents in job creation and economic growth. One theory is that the Republicans are obsessive about curbing inflation, whereas the Democrats are equally obsessive about job growth. And by the way, there are more than 2 categories, do you can claim that the real rate of unemployment is even higher, but again, it's an apples to tangerines comparison.
11-04-2016, 10:16 PM
BTW, to those who don't think we're doing as well as we could have, well...we're doing better than the rest of the First World:
 ("BRICS" is Brazil, Russia, India, China, Ssssomething else ...but essentially the growing 3rd world, which I think has taken a hit lately) |
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