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Old Today, 07:45 AM
 
Location: Austin
29,681 posts, read 16,676,932 times
Reputation: 8155

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A high rate of employment has many positive benefits including helping the economy and reducing dependence on government. There is nothing more important to address income inequality than JOBS.
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The number of people employed in the United States hit a record 157,878,000 in August, according to the employment report released today by the Bureau of Labor Statistics.

That's an increase of 590,000 from the record 157,228,000 employed in July.

The unemployment rate held steady at 3.7 percent. For blacks, the unemployment rate dropped to a record low of 5.5 percent last month. And for Hispanics, the unemployment rate was 4.2 percent in August, which ties the record low set earlier this year.


https://www.cnsnews.com/news/article...QqM03DmAHbxdao
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Old Today, 07:47 AM
 
Location: East Lansing, MI
9,457 posts, read 8,120,728 times
Reputation: 3987
Well, that's one way to spin it, sure.
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Old Today, 07:51 AM
 
Location: CA
4,421 posts, read 1,923,276 times
Reputation: 5681
Quote:
Originally Posted by hooligan View Post
Well, that's one way to spin it, sure.
Care to offer alternative "spin"?
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Old Today, 07:53 AM
 
Location: East Lansing, MI
9,457 posts, read 8,120,728 times
Reputation: 3987
Quote:
Originally Posted by neko_mimi View Post
Care to offer alternative "spin"?
August jobs report fails to meet projections.


Both things are true, are they not?
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Old Today, 07:56 AM
 
Location: Sonoran Desert
29,694 posts, read 40,143,628 times
Reputation: 19080
The unemployment rate held steady in August and that is a good thing. But the jobs created disappointed badly suggesting that companies are holding back on hiring because of uncertainty over the effects of Trump tariffs. The jobs number supports falling manufacturing data from a couple days back as well. The low rate of job creation is also lower than the new entrants seeking jobs, so if nothing else, the unemployment rate will rise over time at this low level of job creation. In summary, there is little to cheer about in this months report and much to cause concern.
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Old Today, 07:56 AM
 
Location: Wouldn't you like to know?
384 posts, read 50,299 times
Reputation: 168
Quote:
Originally Posted by neko_mimi View Post
Care to offer alternative "spin"?



Another negative poster already tried to spin the same good report as negative here:
Economy added disappointing 130,000 jobs in August


I hope these people do not go outside without a hardhat.
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Old Today, 07:57 AM
 
Location: Austin
29,681 posts, read 16,676,932 times
Reputation: 8155
Quote:
Originally Posted by hooligan View Post
Well, that's one way to spin it, sure.
So, how would you spin record employment numbers? Do you hate working people?
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Old Today, 08:00 AM
 
Location: Austin
29,681 posts, read 16,676,932 times
Reputation: 8155
Quote:
Originally Posted by hooligan View Post
August jobs report fails to meet projections.


Both things are true, are they not?
But this thread is about employment records, not somebody's guess about how many jobs will be created.

Try again.
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Old Today, 08:01 AM
 
30,811 posts, read 15,865,679 times
Reputation: 20533
Quote:
Originally Posted by Roadking2003 View Post
So, how would you spin record employment numbers? Do you hate working people?
Well the DNC needs a permanent underclass as their base....
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Old Today, 08:01 AM
 
Location: East Lansing, MI
9,457 posts, read 8,120,728 times
Reputation: 3987
Quote:
Originally Posted by Roadking2003 View Post
So, how would you spin record employment numbers? Do you hate working people?

Miss me with that nonsense.
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