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Unemployment rate tumbles to 4.6%, lowest since August 2007
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and at the same time "labor participation rate" dropped from 62.9% in sep, to 62.7 in nov... so no shit that unemployment rate dropped... :error
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What goes down may go up again ...
It is unfortunate that the lowered unemployment is not equally distributed in all segments. However, persons with contemporary skills are making money today. If you are not, I suggest you look in the mirror and do something about it. Your SSI or GA money and EBT card is in jeopardy. Enter the Trump Terminal and press the green button. |
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All lives matter ...
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Trump had nothing to do with this. He is not even in office yet. The employment rate for the next six months to a year will because of what Obama has done for the past eight years. Then let's see how well unemployment does.
I made a comment about the Russian space cargo ship that exploded, and how it was a huge loss for everyone. Someone commented that I am not Russian, so why would I care? The reality is I don't care if it's Russian or something China is doing, I feel it is a loss for mankind. At the same time, I really do believe the unemployment rate is a major indicator of how our economy is doing. If the unemployment rate and the economy does well under Trump I'll be thrilled. This isn't about politics for me - it's about how well our country does. I want our country to do well no matter who is in office - I pray Trump does well. However, if our economy does poorly you know I'll rant about that. |
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Actually the got the numbers down by including truck stop crackwhores which accounts for nearly half of those added "jobs."
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Excellent job President Obama! This will go down as part of your extensive legacy of improving America after the Republicans almost destroyed us with Bush, war & recession. Thank you for your service. :thumbsup
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