USA Unemployment Rate Falls to Lowest Level in 50 Years
 

https://media.breitbart.com/media/20...ty-640x480.jpg


The imaginary recession is over.

The number of Americans working rose to 158,593,000 a record high. That is the sixth consecutive record high for this metric.

Jobs growth soars in November as new jobs surge by 266,000

Average hourly earnings rose by 3.1% from a year ago, slightly above the 3% expected by economists polled by Dow Jones.

“Bottom line, America is working,” Larry Kudlow, director of the National
Economic Council, told CNBC’s “Squawk on the Street.” “These are very
strong numbers. These are happy numbers, these are sunny Friday
numbers.”


https://www.cnbc.com/2019/12/06/us-n...mber-2019.html
https://www.breitbart.com/economy/20...s-in-november/
https://www.dailywire.com/news/jobs-...an-impeachment

Great news for Donald and disastrous news for the Democrats who are losing public support for their impeachment thing day by day.

False positive I’m afraid, more jobs are being taken because more people are having to work multiple jobs because of the cuts that are decimating the working class

This will be devastating news for The Wall Street Journal who see these numbers as brilliant

The paper of record for the working men and women of america :joker:

no its for the people who employ them and allow them to live happy employed lives

If you have a WSJ report that says that, then why are your three links;

1x mainstream media and
2x right wing extremist trash websites

ffs :joker:

i just google the WSJ to confirm (but no link as it a paywall) but this great news on the USA economy is available on ALL USA financial media


so take your pic :hee:

The WSJ is significantly right-of-centre and is plainly not for employers, it's for traders, who will be happy if the news is good for trading purposes. And the actual accuracy of the news actually matters very little for that. A positive report on employment is good for market confidence which is good for Wall Street.

indeed its great news for Trump in this pre election year

‘Breitbart’ ‘daily wire’

Hmmm

I'm not saying it's bad news or even fake news by the way, employment may well be up but I'd take the figures with a huge dose of salt... looks like stats propaganda to me. Neither hourly earnings (meaningless without knowing if there have been hours decreases) or number in employment (again, useless if we don't know if it's meaningful employment or 5 hours a week) are good measures of the employment situation in a country.

I'd want to see stats on the number in full-time employment and if there's been an increase in average household income, personally.

https://pbs.twimg.com/profile_images...00m_bigger.jpgWithout the horror show that is the Radical Left,
Do Nothing Democrats, the Stock Markets and Economy would be even better, if
that is possible, and the Border would be closed to the evil of Drugs, Gangs and
all other problems! #2020


Donald has been tweeting

Yes because gangs and drugs don't ever come from within America in the first place. :skull:

Yes a Positive for President Trump.

But also well trusted CNBC

if you are forced in to employment for $1 a week, it doesn't mean a lot. One needs to see all the relevant data

no one is

hmmmm, show us the actual tweet of Donnie then :suspect:

A low rate of unemployment means little when a huge number of working class families in the US are on the poverty line or below it despite working full time.

It's like when the Tories bragged about unemployment rates during the rise of zero hour contracts, it doesn't matter if you are employed if your job cannot support you. Figures like this are only meant to placate the gullible and the ignorant.

Spot on!

Providing more jobs is still the first step in helping families in poverty. Maybe they're all minimum wage jobs, idk the details, but still without MORE jobs first and foremost, how else are they supposed to get help for work? The main other thing I can think of is raising minimum wage (which coincides with slightly higher rates in general), and min wage actually has been rising quite a bit across the states in the last few years. I can't speak for every state as it varies and I'm pretty sure NJ has one of the highest increases in minimum wage rates (from $8.50 to $10 to $11 next month) but from what I understand the minimum wage is increasing as a whole across the country and will only continue to... supposed to get up to $15/hr within a couple years in many states.

Can you explain what is a working class family vin America and what evidence you have for this?

What is breadline?

If even trained professions like teaching require a second job to support it then you know the system's broken. It's not just minimum wage jobs that are not sustainable. Stats like this are meaningless if people still can't support the costs of living without multiple jobs.

Given that anything that helps the poor is shut down as 'EVIL SOCIALISM!' by the republicans, I think the crawl towards liveable nationwide wages will be a slow one. I don't think a wage boost in the future will do much to comfort families that are struggling now.

Some people can't see good news when it stares then in the face

Some people refuse to see the truth when it stares them in the face because they prefer the lie.