- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
US Jobs Report: Jobs up, Unemployment Down, Wages Up, MAGA
Posted on 8/4/17 at 7:34 am
Posted on 8/4/17 at 7:34 am
quote:
In July, the U.S. economy added 209,000 jobs, more than the 180,000 expected by economists. The robust 222,000 jobs gains we saw in June were also revised up to 231,000.
The unemployment rate fell to 4.3%, as expected. In June, the unemployment rate stood at 4.4%.
Wages in July were also a bit better than expected, as month-on-month gains came in in-line with expectations and year-on-year gains topped expectations
From Yahoo Finance.
Time to break 23,000!
This post was edited on 8/4/17 at 7:35 am
7
Posted on 8/4/17 at 8:22 am to crazycubes
We need job market participation rate to trend in that direction as well. That is more important than the unemployment rate
Posted on 8/4/17 at 9:22 am to crazycubes
How does economic news work if you're an independent? When the economy under Obama was improving my conservative friends didn't give him any credit and now my liberal friends aren't giving credit to Trump in this improved economy.
Posted on 8/4/17 at 9:33 am to Paul Allen
Give credit to neither. Put it on Joltin Janet Yellen.
Posted on 8/4/17 at 9:48 am to Anfield Road
quote:this. so long as inflation is beating CD's, you have to put your money at risk simply to keep up.
Put it on Joltin Janet Yellen.
from an earlier post...
quote:
I just don't know what's going to slow this market down. My guesses:
Federal Reserve Bank raises interest rates big time , like up to 5% during the dot com boom
Baby boomers have to cash out to pay for medical and living expenses
Some war that would make people nervous
Some foreign financial catastrophe that would flow into the US markets
With our huge national debt, I just can't see why people would say, "let me sell Amazon and buy USA currency "
Posted on 8/4/17 at 9:59 am to Paul Allen
quote:I think it works by understanding that Presidents mean very little to the economy and we give them too much credit and too much blame.
How does economic news work if you're an independent? When the economy under Obama was improving my conservative friends didn't give him any credit and now my liberal friends aren't giving credit to Trump in this improved economy.
There's also little reason to give Trump credit because he hasn't had time to actually do anything on the economy.
Posted on 8/4/17 at 10:20 am to jturn17
True
Posted on 8/4/17 at 10:23 am to TigerTatorTots
quote:
We need job market participation rate to trend in that direction as well. That is more important than the unemployment rate
Agreed. It has risen for the last 3 months, but still under 63%. It was at 67% in 1999 during the dot com boom so what would you put as a target rate? Around 65%?
Posted on 8/4/17 at 10:35 am to crazycubes
Take the political nonsense to the Poli Board.
This post was edited on 8/4/17 at 10:35 am
Posted on 8/4/17 at 11:12 am to lynxcat
This.
When this insane bull market comes to an end will it be Trump's fault?
No.
So GTFO while the adults talk business.
When this insane bull market comes to an end will it be Trump's fault?
No.
So GTFO while the adults talk business.
This post was edited on 8/4/17 at 11:13 am
Posted on 8/4/17 at 11:36 am to crazycubes
Presidents and the economy are like quarterbacks in football. They get too much credit for the wins and too much hate for the losses. Sure they have an effect, but most major market movements are caused by forces a lot longer in the coming than who won an election nine months ago.
Posted on 8/4/17 at 2:32 pm to crazycubes
TRUMP!!!! 
Posted on 8/4/17 at 4:01 pm to barry
quote:coming from the same board that pushes penny stocks and crypto-currencies. got cha.
So GTFO while the adults talk business.
Posted on 8/4/17 at 4:06 pm to crazycubes
quote:
coming from the same board that pushes penny stocks and crypto-currencies. got cha.
This board, as a whole, shits on penny stocks and is exceedingly wary of crypto-currencies.
Go be a political hack somewhere else.
Posted on 8/4/17 at 6:19 pm to barry
quote:
When this insane bull market comes to an end will it be Trump's fault?
my popcorn is ready for this inevitable moment
Posted on 8/4/17 at 10:11 pm to crazycubes
Thanks Obama
Posted on 8/5/17 at 1:34 am to crazycubes
Take your political garbage elsewhere
Posted on 8/5/17 at 10:33 am to barry
quote:
When this insane bull market comes to an end will it be Trump's fault?
No. But since he had decided to take ownership for the success, he should then own any failures.
Posted on 8/5/17 at 4:41 pm to CaptainBrannigan
The market post-election definitely was largely affected by Trump's election. Love him or hate him, the market has surged since his election.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News