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Trump's first full month in office brings massive empolyment boom

  • Offline MalabarJag
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03-08-2017, 08:43 PM (This post was last modified: 03-08-2017, 08:54 PM by MalabarJag.)

Quote:What kind of jobs?
 

A much higher percentage of manufacturing jobs vs. service industries compared to the recent past.


 

Quote:It's always mattered. Also what are the "real" unemployment numbers? Obama got it down to like 4.8% and many conservatives said it was actually in the double digits. I believe Trump gets his numbers from the same place Obama did.
 

It's still actually in the double digits (or at least a lot higher). The unemployment number quoted does not count people who still want jobs but gave up trying.


 

A better representation is the workforce participation rate. That's going to take some time to turn around significantly. Obama couldn't improve it in eight years. Check back next year to see if Trump has made a dent.


 

EDIT: 
http://finance.yahoo.com/news/the-us-lab...14694.html

 

Quote: 

 

Daniel Silver, an economist at JP Morgan, said Wednesday this was, “one of the strongest gains in the history of the series that dates back to 2001. The report showed that goods-producing payrolls surged 106,000 in February, the largest gain on record, while the service sector added a more trend-like 193,000 jobs during the month.”



                                                                          

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Trump's first full month in office brings massive empolyment boom - by MalabarJag - 03-08-2017, 08:43 PM



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