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General Category >> Politics, Religion (Tall Table) >> Let's Hope This Is Just A Blip
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Message started by T And T Garage on 06/07/19 at 06:22:07

Title: Let's Hope This Is Just A Blip
Post by T And T Garage on 06/07/19 at 06:22:07

Otherwise... well...

Jobs Report: U.S. economy adds disappointing 75,000 jobs in May, unemployment rate holds at 3.6%

Job growth slowed more-than-expected in May, while the unemployment rate held at a near 50-year low, according to the Department of Labor’s Friday report.

The U.S. economy added just 75,000 non-farm payrolls in May. This was below expectations for 175,000 non-farm payroll additions, based on Bloomberg-compiled estimates.

The previous two months’ payrolls figures were also downwardly revised. April’s change in non-farm payrolls positions was cut to 224,000 from 263,000, and March’s new figure was brought down to 153,000, from the 189,000 seen previously. Following the revisions, job gains averaged 151,000 per month over the past three months.

The unemployment rate held at a 49-year low of 3.6%, matching consensus estimates. The labor force participation also remained unchanged at 62.8%.

http://www.yahoo.com/finance/news/jobs-report-bls-may-2019-212001939.html

Title: Re: Let's Hope This Is Just A Blip
Post by Serowbot on 06/07/19 at 08:25:18

I'm sure it will get better when all the tariffs kick in... ;D

Title: Re: Let's Hope This Is Just A Blip
Post by justin_o_guy2 on 06/07/19 at 23:45:59

while the unemployment rate held at a near 50-year low, according t

Yeah, everything is so bad

Title: Re: Let's Hope This Is Just A Blip
Post by T And T Garage on 06/10/19 at 07:46:58

26393F3825221323132B39357E4C0 wrote:

while the unemployment rate held at a near 50-year low, according t

Yeah, everything is so bad

I never said that... The title says it all. I hope it's only a blip.

Title: Re: Let's Hope This Is Just A Blip
Post by justin_o_guy2 on 06/10/19 at 15:53:34

I doubt it's a blip.
Unemployment has been at fifty year lows for a while.
It's getting hard to find willing and ABLE bodies. The ones who can work and want work have found work,, largely.

Title: Re: Let's Hope This Is Just A Blip
Post by LostArtist on 06/10/19 at 16:08:59

are these numbers still calculated the same way they were during Obama's terms????

Title: Re: Let's Hope This Is Just A Blip
Post by T And T Garage on 06/13/19 at 05:51:20

Meanwhile.....

May budget deficit hits record $207.8 billion

WASHINGTON (AP) — The federal government's budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that shifted $55 billion in June benefit payments into May.

The Congressional Budget Office is forecasting a slightly lower deficit of $896 billion for this year, but that would still be up 15% from the 2018 deficit.

http://finance.yahoo.com/news/may-budget-deficit-hits-record-180025337.html

But yeah... deficits don't matter when there's an idiot in the white house.... :D