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Old 08-02-2019, 09:36 AM
 
Location: Seattle
1,843 posts, read 397,962 times
Reputation: 1720

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The civilian labor total is significantly below where it was just before 2000. The numbers look good in part because we're not tracking people who dropped out of the labor force.

https://www.forbes.com/sites/erikshe.../#32c138e2408b

This is an ongoing problem that is expected to continue into the future.

https://www.bls.gov/opub/mlr/2013/ar...es-to-fall.htm
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Old 08-02-2019, 09:38 AM
 
1,380 posts, read 251,681 times
Reputation: 817
We should continue to set records as long as our population increases and employment is high, its a silly stat.
Still concerned with the quality of jobs but wages are increasing slowly. We did see a slight reduction in full time hours average but too early call a trend.


But overall numbers are holding but slowing, exactly what has been reported and reflected in the rate cut.
There is nervousness around purchasing power of consumers though, how much more debt can consumers handle? When is that train going to crash? And will that snowball as consumer spending slows, because businesses are also leveraged to the hilt from borrowing and big stock buy backs.
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Old 08-02-2019, 09:53 AM
 
Location: DMV Area/NYC/Honolulu
13,199 posts, read 6,779,697 times
Reputation: 12835
Quote:
Originally Posted by 16 Acres View Post
There you go. All is needed is a little time and patience. Jobs and wages rising the natural way.

https://www.cnbc.com/2019/08/02/us-j...july-2019.html
You're absolutely right. This is good news. And to see wages continue to increase as jobs are added will make things very difficult on Dem candidates. The fact that most Americans continue to rate the economy as positive is telling in itself, the Debbie Downers in this thread notwithstanding.
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Old 08-02-2019, 09:54 AM
Status: "Hard work is never easy" (set 25 days ago)
 
Location: Florida/Tennessee
3,307 posts, read 4,505,669 times
Reputation: 1906
Quote:
Originally Posted by Winter_Sucks View Post
Thanks Obama.
Joe? Joe Biden? is that you?
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Old 08-02-2019, 09:56 AM
Status: "Hard work is never easy" (set 25 days ago)
 
Location: Florida/Tennessee
3,307 posts, read 4,505,669 times
Reputation: 1906
Quote:
Originally Posted by rjshae View Post
The civilian labor total is significantly below where it was just before 2000. The numbers look good in part because we're not tracking people who dropped out of the labor force.

https://www.forbes.com/sites/erikshe.../#32c138e2408b

This is an ongoing problem that is expected to continue into the future.

https://www.bls.gov/opub/mlr/2013/ar...es-to-fall.htm
and baby boomers are retiring at 10,000 a day... do the math.
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Old 08-02-2019, 09:57 AM
 
3,412 posts, read 1,792,140 times
Reputation: 5444
I love the liberals here trying to crap all over the economy. Trump is doing great. No matter what you say. No matter how angry you are. Donald Trump has delivered on the economy big time. Enjoy you day guys!!
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Old 08-02-2019, 10:05 AM
Status: "Hard work is never easy" (set 25 days ago)
 
Location: Florida/Tennessee
3,307 posts, read 4,505,669 times
Reputation: 1906
Marianne Williamson is their only hope... lol.
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Old 08-02-2019, 10:12 AM
 
7,640 posts, read 1,777,696 times
Reputation: 4226
Quote:
Originally Posted by Winter_Sucks View Post
Thanks Obama.
You're right, Obama does deserve most of the credit for the economy doing well.

The United States economy has seen 86 straight months of growth. That's a little over 5 years, so three years under Obama before Trump took over for the last 26 months.

After entering the White House during a recession and housing crisis, the economy saw three straight years of positive gains before Trump took over in Jan 2017.

I guess Trump deserves credit as well for realizing that things with the economy are going well so he hasn't really done much that will impact the economy one way or another. If it ain't broke, don't fix it.
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Old 08-02-2019, 10:16 AM
 
2,108 posts, read 2,295,537 times
Reputation: 1579
Weird how the previous President admitted his own Scamulus Bill didn't work and his GDP growth was stale





https://www.youtube.com/watch?v=skAOLejB4BA


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Old 08-02-2019, 10:18 AM
 
Location: Florida
64,459 posts, read 35,124,094 times
Reputation: 10764
Fortunately Trump spends most of his time watching TV and on Twitter expressing his anger at American people. Things would be even worse if he was more involved in trying to run the economy.
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