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Started By
Message
BLS Timeline: The Trump Economy
Posted on 10/2/20 at 8:25 am
Posted on 10/2/20 at 8:25 am
Since we have a bunch of lefties that think hitting Trump on the economy is a smart move. Here are the numbers for 2020 by month
January 2020 - UE Rate of 3.6%
February 2020 - UE Rate of 3.5%
March 2020 - Shutdowns begin - UE Rate 4.4%
April 2020 - UE Rate 14.7%
May 2020 - 13.3%
June 2020 - UE Rate 11.1
July 2020 - UE Rate 10.2%
August 2020 - UE Rate 8.4%
September 2020 - UE Rate 7.9%
So, in March and April we lost 21.2 million jobs DIRECTLY ATTRIBUTED to Coronavirus shutdowns. In just 5 months we regained 11.16 million jobs, even with most major cities still shut down. And with Florida and Texas open, October numbers are going to be HUGE.
Bring this up anytime a liberal tries to bash Trump on economy. The single quickest recovery in the history of the United States.
January 2020 - UE Rate of 3.6%
quote:
Total nonfarm payroll employment rose by 225,000 in January, and the unemployment rate
was little changed at 3.6 percent, the U.S. Bureau of Labor Statistics reported today.
February 2020 - UE Rate of 3.5%
quote:
Total nonfarm payroll employment rose by 273,000 in February, and the unemployment
rate was little changed at 3.5 percent
March 2020 - Shutdowns begin - UE Rate 4.4%
quote:
Total nonfarm payroll employment fell by 701,000 in March, and the unemployment
rate rose to 4.4 percent
April 2020 - UE Rate 14.7%
quote:
Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent,
the U.S. Bureau of Labor Statistics reported today.
May 2020 - 13.3%
quote:
Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate
declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today.
June 2020 - UE Rate 11.1
quote:
Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate
declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today.
July 2020 - UE Rate 10.2%
quote:
Total nonfarm payroll employment rose by 1.8 million in July, and the unemployment
rate fell to 10.2 percent,
August 2020 - UE Rate 8.4%
quote:
Total nonfarm payroll employment rose by 1.4 million in August, and the unemployment rate fell to
8.4 percent
September 2020 - UE Rate 7.9%
quote:
Total nonfarm payroll employment rose by 661,000 in September, and the unemployment
rate declined to 7.9 percent
So, in March and April we lost 21.2 million jobs DIRECTLY ATTRIBUTED to Coronavirus shutdowns. In just 5 months we regained 11.16 million jobs, even with most major cities still shut down. And with Florida and Texas open, October numbers are going to be HUGE.
Bring this up anytime a liberal tries to bash Trump on economy. The single quickest recovery in the history of the United States.
This post was edited on 10/2/20 at 8:36 am
6
Posted on 10/2/20 at 8:27 am to BugAC
quote:
Bring this up anytime a liberal tries to bash Trump on economy
Or just ask them if they like their bigger paychecks due to tax cuts.
Posted on 10/2/20 at 8:28 am to BugAC
quote:
So, in March and April we lost 21.2 million jobs DIRECTLY ATTRIBUTED to Coronavirus shutdowns. In just 5 months we regained 11.16 million jobs, even with most major cities still shut down. And with Florida and Texas open, October numbers are going to be HUGE.
V as in V shaped recovery
V as in Victory
Posted on 10/2/20 at 8:40 am to BugAC
Still losing 800k jobs a week
Posted on 10/2/20 at 8:50 am to Hamma1122
quote:
Still losing 800k jobs a week
You don't do math, do you?
Posted on 10/2/20 at 8:52 am to Hamma1122
quote:
Still losing 800k jobs a week
How many people died from Covid in the U.S.? 200,000,000?
Posted on 10/2/20 at 8:54 am to BugAC
Great post OP.
Here are a couple numbers I wish Trump would preach, according to the census bureau:
In one year, the median income increased more than the entire eight years of Obama. The increase was even higher for blacks and hispanics.
Here are a couple numbers I wish Trump would preach, according to the census bureau:
In one year, the median income increased more than the entire eight years of Obama. The increase was even higher for blacks and hispanics.
Posted on 10/2/20 at 9:31 am to Hamma1122
quote:
You don’t like the math
Look at the damn report, moron. If it says that employment ROSE, it means more jobs were added than lost, thus, MORE JOBS ADDED TO THE ECONOMY.
And actual jobs, not bullshite obama jobs like, "Larry bought a lawnmower, 1 lawnmower = 10 jobs, Yay!!!"
This post was edited on 10/2/20 at 9:33 am
Posted on 10/2/20 at 10:31 am to Hamma1122
quote:
You don’t like the math
Can you show your math?
Posted on 10/2/20 at 10:49 am to Hamma1122
quote:
Another keyboard tough guy
If you think me calling out your failure to understand basic mathematic principles is tough, then you have a long life ahead of you.
Posted on 10/2/20 at 11:46 am to Hamma1122
quote:
Hamma1122
Wtf just show your math. I actually want to see it because I'm not understanding how you are getting it.
Quit with the name calling and put the math out there.
Posted on 10/2/20 at 12:36 pm to lsu777
Just stated a FACT that 800k newly unemployed weekly
Posted on 10/2/20 at 12:39 pm to Hamma1122
quote:
Just stated a FACT that 800k newly unemployed weekly
Source? Are you saying 800k are new unemployed weekly but more people got jobs for a net positive?
Or are you claiming that we are losing 800k new jobs a week and not replacing them?
Is something going on with the job participation rate that I do not know about? Because if not, your claim is extremely misleading, as we have add jobs since April, a shite ton in fact.
Posted on 10/2/20 at 12:41 pm to BugAC
(no message)
This post was edited on 1/30/21 at 5:07 pm
Posted on 10/2/20 at 12:42 pm to BugAC
Unemployment is already back below the magic 8% mark (remember 2012?), the consumer confidence index is back above 100, and The Dow has long since recoverd.
The dems will lie though, like the idiot in this thread who is only citing losses when the net is a gain. Its all they know how to do.
The dems will lie though, like the idiot in this thread who is only citing losses when the net is a gain. Its all they know how to do.
Posted on 10/2/20 at 12:43 pm to BugAC
quote:
So, in March and April we lost 21.2 million jobs DIRECTLY ATTRIBUTED to Coronavirus shutdowns. In just 5 months we regained 11.16 million jobs ... Bring this up anytime a liberal tries to bash Trump on economy. The single quickest recovery in the history of the United States
June - +4.8 million jobs
July - +1.8 million
August - +1.5 million
September - +661,000
Posted on 10/2/20 at 12:45 pm to Hamma1122
Do yourself a favor and google the definition of “FACT.”
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