Payrolls Rise 164,000 as Labor Force Sets a Record High (unemployment, minimum wage, stats)

[16 Acres]

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

[James Bond 007]

Look at the chart in your link and notice the decelerating trend. 2 of 7 months so far this year have been under 100K.

Last 2 months revised DOWN by a total of 41,000. Remember when the Trump fans kept telling us economic stats were always revised up under Trump? LOL!

[Finn_Jarber]

Originally Posted by 16 Acres

There you go. All is needed is a little time and patience. Jobs and wages rising the natural way.

164K jobs is a good number to you?

It's a pathetic number.

In the meanwhile, the DOW is more or less where is was 20 months ago. No gains.

[tipsyguam]

Originally Posted by Finn_Jarber

164K jobs is a good number to you?

In the context of being under 4% unemployment and still being add to add that many jobs, yes it is an excellent number.

[Finn_Jarber]

Originally Posted by tipsyguam

In the context of being under 4% unemployment and still being add to add that many jobs, yes it is an excellent number.

No, it is not. There are tens of millions of Americans out of jobs. Labor Force Participation Rate is still very bad.

We had 4% unemployment under Clinton, and kept adding 300-400K jobs per month.

[Winter_Sucks]

Thanks Obama.

[tipsyguam]

Originally Posted by Finn_Jarber

No, it is not. There are tens of millions of Americans out of jobs. Labor Force Participation Rate is still very bad.

I respect your right to have an opinion on the matter, however I do not respect the very poor logic to get to that opinion.



There are plenty of opportunities out there for those that dont have a job to train yourself with some in-demand skills then to go get the job.


You make it clear that your objective is to try to say something negative about this Administration by even mentioning another one. There are more people employed today than there was ever under the Clinton admin.

[LordBalfor]

Originally Posted by 16 Acres

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

And - as you RWNJ types repeated over and over and over again during the Obama years - the Labor Force Participation Rate is STILL down near record lows (almost exactly where Obama left it). More Americans are not working than ever before.
Those types of things happen as the population grows.


https://data.bls.gov/timeseries/LNS11300000

Ken

[PCALMike]

There is nothing "natural" about any of this.

Wage growth for the typical working stiff is still very low and would be even lower if the minimum wage hikes hadnt taken place.

The next recession is coming up and once again, the tiny wage growth that ordinary workers have seen will be more than wiped out and its back to square one again. Thats been the trend for 40 years now, and it is not "natural", it is policy by design. Its not about technology, not about trade. If the super rich get too much power, then they will pull the ladder up after them. Weakening anti-trust legislation, eroding the minimum wage, crushing the labor union movement, buying up all the major news outlets and flooding the political system with their money are just some ways they rig it.

[FKD19124]

Tell us how many jobs that Obama created each month under his 8 years? Remember Obama was the president that said, "this is the new norm".

Originally Posted by Finn_Jarber

No, it is not. There are tens of millions of Americans out of jobs. Labor Force Participation Rate is still very bad.

We had 4% unemployment under Clinton, and kept adding 300-400K jobs per month.