Unemployment Report Beats 18-Year Low. 3.8% Trump's economy roars on.

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  1. Sharlee01 profile image85
    Sharlee01posted 11 months ago

    My question -    President Trump was well known for this statement.   "You will get sick of winning."     Are you sick of winning?

    Trump's economy once again this month beats projected unemployment numbers...  18 year low.       LOWEST ever in history Black American unemployment rate! Lowest ever Latino unemployment rate.   

    A The promise made,  A promise kept...   And once again President Trump has achieved one of his campaign promises. He has been in office a little over a year and a half, and he continues to check off problems that he promised to fix...  And his list is "HUGE", but getting. smaller every day.

    1. Live to Learn profile image82
      Live to Learnposted 11 months agoin reply to this

      Don't look for kudos from the left.

      1. Credence2 profile image80
        Credence2posted 11 months agoin reply to this

        Just about as much credit as the Right gave Obama for the positive change to the economy and related employment numbers recovering from the disaster known as GW Bush's.. Just like rightwingers, more than content to ride on the coat tails of others who had actually done  'the heavy lifting.  So, no Kudos deserved, yet,

        The chart still revealed a trend started by Obama, so why is Trump now the super hero while Obama had always been portrayed as the villain? I certainly don't have to tell you why.

        In spite of all this, I can't deny that news like this continues to be good.

        1. profile image0
          ahorsebackposted 11 months agoin reply to this

          And the same credit then goes to Obama for the recent "UN  poverty in the US report "?

          Thanks Pres. Obama , 160 Million below the poverty line in the US ?

          1. Credence2 profile image80
            Credence2posted 11 months agoin reply to this

            "Thanks Pres. Obama , 160 Million below the poverty line in the US ?"

            Now, that is Trump problem, can't blame it on Obama. What is great "miracle worker" going to do besides pass the buck? That is the one thing that he eminently skilled at.

            1. profile image0
              ahorsebackposted 11 months agoin reply to this

              Credence , But address the Obama fault point ?

              Nope .

            2. promisem profile image98
              promisemposted 11 months agoin reply to this

              I remember when the far right was screaming that every good employment number coming out of the Obama administration after the Great Recession was a lie, ALL LIES!!!

              But of course now it's the truth.

              1. profile image0
                ahorsebackposted 11 months agoin reply to this

                So listen guys ;  You're liberals and   You're really going to take the U.N word  for this ?  .............Oh Right !

                1. promisem profile image98
                  promisemposted 11 months agoin reply to this

                  Your comment has absolutely nothing to do with my post.

              2. wilderness profile image96
                wildernessposted 11 months agoin reply to this

                Did you forget that monstrous number of people taken off the unemployment rolls during the recession, people that were no longer counted as "unemployed" because they weren't collecting unemployment?  I rather suspect that the same method of counting unemployed people is far more accurate today; anyone that is searching (as must be done to collect unemployment) has 10 employers crying for them.

                1. profile image0
                  ahorsebackposted 11 months agoin reply to this

                  For the left , It's definitely called ,The history of now  or The history re-written to suit today's revisionist needs .

        2. Sharlee01 profile image85
          Sharlee01posted 11 months agoin reply to this

          Just my opinion but the Obama economy was not good for the average American citizen. The people on Wall Street were happy. Our allies were happy due to wonderful lopsided trade regulations. But the average working person was not happy and suffered under Obama.

          Some here have been playing up Obama's last two years employment record. One must take into consideration many were off the unemployment rolls and were no longer counted. At any rate, we languaged for his first 6 years.

          ‐ During the Obama years, the number of Americans below the poverty line is up 3.5 percent.

          ‐ Real median household income: down 2.3 percent.

          ‐ Americans on Food Stamps — 33 million then, 46 million now: up 39.5 percent.

          ‐ Americans who own homes: down 5.6 percent.

          Federal welfare spending has grown by 32 percent over Obama's first four years. Which was further fattened by President Obama’s stimulus spending and swelled by a growing number of Americans whose recession-depleted incomes now qualify them for public assistance. Was the recession Obama's fault, no. However, he lacked the ability to handle the situation. It took him 6 years to even show a modicum of economic improvement. 

          ‐ National debt — $10.63 trillion then vs. $19.19 trillion  up 80.5 percent. This is one record he broke... and this was inexcusable.

          1. profile image0
            ahorsebackposted 11 months agoin reply to this

            Black male and hispanic  unemployment 23 %  , black youth unemployment  50 % , Unemployment climbed to 10 % ,  Food stamps increase , welfare increased , GDP down , record numbers of illegals , increased addictions to opioids .......................Yea ,..... Obama was great !

    2. promisem profile image98
      promisemposted 11 months agoin reply to this

      The unemployment rate has dropped 1.0% under Trump. It dropped 5.1% or  5X as much under Obama.

      No kudos necessary. He simply inherited an existing trend.

      https://data.bls.gov/timeseries/LNS14000000

  2. Sharlee01 profile image85
    Sharlee01posted 11 months ago

    Live to Learn, I won't just don't care about what they think. I think they have well proven they would rather see Trump out, than a better America. I know I am on the right side.  I have to correct my comment.  The unemployment is at it lowest in 50 years... The unemployment rate has matched its lowest point in half a century. Winnning

  3. Sharlee01 profile image85
    Sharlee01posted 11 months ago

    So Tired of posting this chart. Stats are facts. Here are the actual states posted by our Government.  I think these facts speak for themselves.  I realize some feel Trump is riding Obamas wave.  I believe it's all due to confidence in a new president, tax cuts, and most of all doing away with job-killing regulations.  You forget I lived as well as you did in the Obama economy. 



    Year    Jan    Feb    Mar    Apr    May    Jun    Jul    Aug    Sep    Oct    Nov    Dec
    2008    5.0    4.9    5.1    5.0    5.4    5.6    5.8    6.1    6.1    6.5    6.8    7.3
    2009    7.8    8.3    8.7    9.0    9.4    9.5    9.5    9.6    9.8    10.0    9.9    9.9
    2010    9.8    9.8    9.9    9.9    9.6    9.4    9.4    9.5    9.5    9.4    9.8    9.3
    2011    9.1    9.0    9.0    9.1    9.0    9.1    9.0    9.0    9.0    8.8    8.6    8.5
    2012    8.3    8.3    8.2    8.2    8.2    8.2    8.2    8.1    7.8    7.8    7.7    7.9
    2013    8.0    7.7    7.5    7.6    7.5    7.5    7.3    7.2    7.2    7.2    6.9    6.7
    2014    6.6    6.7    6.7    6.3    6.3    6.1    6.2    6.2    5.9    5.7    5.8    5.6
    2015    5.7    5.5    5.5    5.4    5.5    5.3    5.2    5.1    5.0    5.0    5.0    5.0
    2016    4.9    4.9    5.0    5.0    4.7    4.9    4.9    4.9    5.0    4.9    4.6    4.7
    2017    4.8    4.7    4.5    4.4    4.3    4.3    4.3    4.4    4.2    4.1    4.1    4.1
    2018    4.1    4.1    4.1    3.9    3.8                                   3.8%  -   50 year low....

    https://data.bls.gov/timeseries/LNS14000000

  4. JAKE Earthshine profile image77
    JAKE Earthshineposted 11 months ago

    Trump fans still don't get it: He's way too dumb, corrupt and self absorbed living in his own little angry  delusional world of dark energy to ever accomplish anything for the American people: Don't count on anything positive happening from now until he's tossed out on his orange head:

    Here's a chart of President Obama's stunningly miraculous economy: The red is George Bush's tenure and the blue signifies the beginning of President Obama's miraculous turn around of which Spanky Trump is currently the beneficiary: facts hurt don't they:


    https://usercontent1.hubstatic.com/14064596.jpg

    1. Sharlee01 profile image85
      Sharlee01posted 11 months agoin reply to this

      Jake, please refer to the chart I posted. It will provide accurate unemployment stats. I will not continue to go back and forth with you. And I certainly am not going back into the Bush years. The chart I posted gives an accurate picture. Please refer to it. You can not dispute the numbers, Jake, not with colorful charts.

      1. JAKE Earthshine profile image77
        JAKE Earthshineposted 11 months agoin reply to this

        No thanks Sharlee01, I'll stick to the facts:'

        https://www.npr.org/2016/04/03/47274552 … job-streak



        https://usercontent1.hubstatic.com/14064598.jpg

        1. Sharlee01 profile image85
          Sharlee01posted 11 months agoin reply to this

          ??????

    2. Sharlee01 profile image85
      Sharlee01posted 11 months agoin reply to this

      My God Jake we were disgusting unemployment stats. Pleases don't add the Jobs numbers.  You have to know about Trumps Jobs numbers? Take my word you do not want to go there... Do just a little research on Trump's jobs numbers. Once again he is breaking records.

  5. JAKE Earthshine profile image77
    JAKE Earthshineposted 11 months ago

    Sorry Sharlee01, but instead of being the short timer, hopefully soon to be indicted elderly racist that he is, he should be kissing President Obama's ring for leaving him a consistently improving economic trend: Here's the miraculous unemployment performance over the 8 year tenure of President Obama: In a relatively short period of time, considering the enormous mess which confronted him, he dragged the economy out from under Bush Juniors depression style catastrophe caused by enormous republican corporate welfare tax cuts, and back to prosperity:

    Below is a striking chart which depicts President Obama's miraculous unemployment performance during his 8 year tenure, a roaring economy which Mr. Trump inherited:


    https://usercontent1.hubstatic.com/14066188_f1024.jpg

 
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