U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 09-06-2019, 07:04 AM
 
Location: Florida
64,620 posts, read 35,192,945 times
Reputation: 10807

Advertisements

Another anemic month.....

Also, it looks like 25,000 of them were temporary workers for the 2020 census.


https://www.usatoday.com/story/money...st/2224196001/

Hiring slowed in August as employers added 130,000 jobs, further stoking recession fears and strengthening the Federal Reserve’s argument for another cut in interest rates this month.

Further dimming the latest employment snapshot: Payroll gains for and June and July combined were revised down by a total 20,000.

 
Old 09-06-2019, 07:11 AM
 
5,554 posts, read 3,283,148 times
Reputation: 2171
Another doom and despair post ... yawn ... it's better than the Community organizers economy which used hard earned taxpayers money to bailout,handout and just give away free s#!t !
 
Old 09-06-2019, 07:17 AM
 
13,639 posts, read 4,715,836 times
Reputation: 6685
Threads like these always make me laugh. For some reason some people think there is no ceiling to jobs. They think they can just keep being added by the hundreds of thousands every month for all eternity. The growth eventually slows.
 
Old 09-06-2019, 07:31 AM
 
Location: Wisconsin
20,500 posts, read 14,093,547 times
Reputation: 5307
Just how many jobs each month are we supposed to see, with 3.7% unemployment?

The last time we had unemployment rate this low, was 70 years ago, in 1947, right after WWII, when the USA was just about the only functioning economy in the world.

Record 157,878,000 employed in august, record low unemployment rate for blacks, and wages have risen by 3.2% this year. If that is anemic, I'll take it
 
Old 09-06-2019, 07:38 AM
 
Location: Wisconsin
20,500 posts, read 14,093,547 times
Reputation: 5307
Quote:
Originally Posted by Dbones View Post
Threads like these always make me laugh. For some reason some people think there is no ceiling to jobs. They think they can just keep being added by the hundreds of thousands every month for all eternity. The growth eventually slows.

People like the OP can win the $500 million lottery, be relaxing on the beach on their own private island, and they'd complain that the cabana girl didn't put a large enough lime wedge in their daiquiri
 
Old 09-06-2019, 07:38 AM
 
Location: Wouldn't you like to know?
566 posts, read 78,739 times
Reputation: 242
still adding jobs while under 4% UE is great news no matter how much the OP wants to spin it.
 
Old 09-06-2019, 07:39 AM
 
Location: Northern Wisconsin
9,231 posts, read 7,982,423 times
Reputation: 15930
If you hit full employment, then hiring more people will be affected.
 
Old 09-06-2019, 07:40 AM
 
Location: Florida
64,620 posts, read 35,192,945 times
Reputation: 10807
Quote:
Originally Posted by Wapasha View Post
People like the OP can win the $500 million lottery, be relaxing on the beach on their own private island, and they'd complain that the cabana girl didn't put a large enough lime wedge in their daiquiri
News are news. Why so you behave like someone threw acid on your face?
 
Old 09-06-2019, 07:42 AM
 
Location: Florida
64,620 posts, read 35,192,945 times
Reputation: 10807
Quote:
Originally Posted by Wapasha View Post
Just how many jobs each month are we supposed to see, with 3.7% unemployment?
90+ million are not working.

In 1990s unemployment number was very low, and yet we added 300-400K jobs per month, and the stock market behaved accordingly (it skyrocketed).

Today, the market is lower than it was 19 months ago.
 
Old 09-06-2019, 07:44 AM
 
Location: Sonoran Desert
29,981 posts, read 40,408,668 times
Reputation: 19365
We have far more than 100K people who enter the job market every year. There are no two ways about it, the Obama recovery, indeed the world economy, is cracking under the relentless bungling of Donald Trump.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top