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Started By
Message
Unemployment rate drops to 4.1%.
Posted on 11/3/17 at 7:52 am
Posted on 11/3/17 at 7:52 am
quote:
Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent.
LINK
5
Posted on 11/3/17 at 7:54 am to GumboPot
Fake news
Posted on 11/3/17 at 7:56 am to GumboPot
Without the hurricanes the GDP would have been in the four range.
It would have been fun watching them twist that one around.
It would have been fun watching them twist that one around.
Posted on 11/3/17 at 7:58 am to bamarep
quote:
Without the hurricanes the GDP would have been in the four range.
It would have been fun watching them twist that one around.
Thanks Obama for the great growth.
Thanks GOPe (GW Bush) for using your hurricane machine to hold the numbers down!
Posted on 11/3/17 at 8:01 am to GetCocky11
quote:
Labor force participation rate goes down to 62.7%
The unemployment rate and the labor participation rate seem to move inversely at inflection points. Anyway that’s the trend I’ve noticed through the years. They coincide once trends are established. For example you might see an uptick in unemployment rate next month and an uptick in participation.
Posted on 11/3/17 at 8:10 am to GumboPot
quote:
The unemployment rate and the labor participation rate seem to move inversely at inflection points. Anyway that’s the trend I’ve noticed through the years. They coincide once trends are established. For example you might see an uptick in unemployment rate next month and an uptick in participation.
To be fair, myself and the vast majority of people on this board bashed the shite out of Obama whenever this scenario happened. "unemployment rate drop only happened because people are dropping out of the workforce!"
Posted on 11/3/17 at 8:12 am to GumboPot
Greatest Jobs President GOD ever created! 
Posted on 11/3/17 at 8:13 am to TigerFanatic99
quote:
To be fair, myself and the vast majority of people on this board bashed the shite out of Obama whenever this scenario happened. "unemployment rate drop only happened because people are dropping out of the workforce!"
It is the only reason why I posted it.
This board went nuts with the labor force participation rate during the Obama years. Now it is just quiet.
Posted on 11/3/17 at 8:14 am to TigerFanatic99
The news is not about the rate drop but that CNN Breaking News email was all positive on it. Guess they can bump up their positive Trump coverage to 3.27% now.
From: CNN Breaking News
Subject: US adds 261,000 jobs
America's job market got back on its feet in October.
The US economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration.
Unemployment inched down to 4.1%, the lowest since December 2000.
From: CNN Breaking News
Subject: US adds 261,000 jobs
America's job market got back on its feet in October.
The US economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration.
Unemployment inched down to 4.1%, the lowest since December 2000.
Posted on 11/3/17 at 8:26 am to GetCocky11
quote:
Labor force participation rate goes down to 62.7%
There have been plenty of times in our recent history, when the LFPR was below 62.7%.
Posted on 11/3/17 at 8:28 am to Amblin
quote:
added 261,000 jobs, the best performance of the Trump administration
Posted on 11/3/17 at 8:34 am to bamarep
quote:
It would have been fun watching them twist that one around.
It's fun watching how some of y'all think Trump has anything to do with this.
Posted on 11/3/17 at 8:44 am to GumboPot
So, if a R is in office we like the unemployment rate.
If a D is in office we use the labor participation rate to shame him.
Got it!
Murica
Posted on 11/3/17 at 8:44 am to Toddy
quote:
It's fun watching how some of y'all think Trump has anything to do with this.
Has Trump's administration raised or lowered regulations on businesses?
Posted on 11/3/17 at 8:50 am to Toddy
It’s funnier watching idiots proclaim that Trump’s gains are due to the good work Obama did setting up the economy.
Posted on 11/3/17 at 8:52 am to teke184
Whatever helps you sleep at night, Michelle.
Posted on 11/3/17 at 8:53 am to LSUcjb318
Clinton and Trump are by far and away the biggest job creating presidents of my lifetime
Posted on 11/3/17 at 8:58 am to GetCocky11
quote:
This board went nuts with the labor force participation rate during the Obama years.
Eight years.
quote:
Now it is just quiet.
10 months.
See the difference. If you're being honest here, I don't remember the "participation rate" mantra being used against him in Obama's first year. Do you?
Posted on 11/3/17 at 9:05 am to wickowick
quote:
Has Trump's administration raised or lowered regulations on businesses?
I am genuinely interested in which slashed regulation(s) caused unemployment to be higher... Any help in providing that?
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