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Trump was elected on Nov 8 when he turned Obama into the lamest of lame ducks.
This job announcement reflects Trump becoming President and his plans for the economy.
Why of course, Waldo, the world changed in an instant the second Trump won ! Birds sang, the sun shone brighter, and jobs were opening up left and right . Even our coffee tastes better !
I'm not sure what you mean by "will accept". The statistics are what they are. All the U* numbers for several years now have been showing an improving employment situation.
Well, it seems the "news" and the government have followed and used U3 as the benchmark for at least the last 8 years if not longer. I wonder why?
And it consistent with the rate of job growth the US has experienced for the last 6 years. Get back to me when there is a significant improvement.
Agreed. Unless wages as well as purchasing power rise there isn't really much to be happy about. Still waiting for the food stamp participant level to drop to a reasonable amount.
Well, it seems the "news" and the government have followed and used U3 as the benchmark for at least the last 8 years if not longer. I wonder why?
They U3 number has been widely reported for a lot longer than the last 8 years. The use of U6 number has gained popularity over the last several years as way of discounting the improvement in employment seen during the Obama Administration. For the record, the U6 number trend line during the Obama Administration was been showing the same improvement that the U3 has. The U6 number was significantly lower at the end of Obama's term then the beginning.
Check your preferred source. You will see 538 full time in Jan 2016, 451 in June, 305 in July and 409 in August. So a very long time ago was as recent as June 2016.
I wonder if Frederick Douglass helped put the data together in remembrance of the Bowling Green massacre victims...after all, he continues to be recognized more and more.
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