Good News! The US adds 263K jobs; unemployment at 49-year low at 3.6%

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   Kenna McHughposted 5 years ago

   The US adds robust 263K jobs; unemployment at a 49-year low at 3.6%
   April's jobs report showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy's recovery. https://on.wgrz.com/2VaiP9b

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      Castlepalomaposted 5 years agoin reply to this

      I hope that can help the numbers of people experiencing homelessness in unsheltered locations increased for a second straight year by 9%.  At least tent cities people have 2 or 3 jobs to juggle.

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         Kenna McHughposted 5 years agoin reply to this

         I am sure it does in many ways.

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            Castlepalomaposted 5 years agoin reply to this

            Pew research center survey countries, that asked... is their country better off today than 50 years ago. All told, a majority of respondents in these 20 countries said they were better off.However, the U.S. wasn’t one of them.
            
            One in five American households have ‘zero or negative’ wealth.

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               wildernessposted 5 years agoin reply to this

               Or 'zero or negative' expectations, derived from constantly being told they are poor.
               
               Fact is that it is easier to live today than it was 50 years ago.  Far easier, and without taking charity.  Even at the very bottom of the pay scale it is still easier to live.  Problem is that people have decided they require a house full of luxuries in order to survive today; luxuries that were either rare or nonexistent 50 years ago.

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                  Kenna McHughposted 5 years agoin reply to this

                  You are spot on..."you can't take it with you." Happiness cannot be bought.

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                  Castlepalomaposted 5 years agoin reply to this

                  Sure, most brainwashed people today, will live beyond theirs means, not like 50 years ago. I'm lucky, never got caught up on a 5 days on two days off job. Yet, most did get stuck and along with the national debt and their cuts at $ 60,000 average debt for every man women and child. Plus, most did not have personal debt, like most do today. 50 years ago, most had saving accounts, most houses were paid for or shortly paid for, unlike today.
                  
                  Rarely seen a drunken bum in an alley way, today panhandles every where you go and food stamps for every third person. Every Major city has a tent city.  Cost of living is 10 times greater in general. Did the wages match? no. At least GEO wages went from 25 times greater than the average persons to 600 times greater today and luxuries they have, vs. have nots.  Don't believe the fake numbers Trump and gang gives you. Look at the writing on the wall.

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                     NinjaNekoposted 5 years agoin reply to this

                     Move out of the democrat state. Red States are performing better. Too much Socialism.

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                        Castlepalomaposted 5 years agoin reply to this

                        I've been moving out between two places. PEI Canada and Columbia. Where the people have more power than the Goverment. I choose no evil vs lesser of the two evils.

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                           NinjaNekoposted 5 years agoin reply to this

                           Then why are you meddling in our affairs? You don't like it when we meddle in yours. Stay out of it. It's quite clear you have no idea what's going on, and you're quite misinformed and ill educated.

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                              Castlepalomaposted 5 years agoin reply to this

                              I'm a small fish force to swim with the sharks. I like to swim near them to know where they are, in order to not be eaten or stocked.
                              
                              For a new comers your so judgemental for a person who does know me at all.

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         Sharlee01posted 5 years agoin reply to this

         Always have been homeless, always will be. Plenty of jobs and opportunity in America. I will say sanctuary cities are not helping the problem or further addressing the problem of the mentally ill that fall through the cracks.

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      Don Wposted 5 years agoin reply to this

      Agreed. The fact the current administration has managed to continue the reduction in unemployment rate which started in 2010, is definitely good news:
      
      

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         Kenna McHughposted 5 years agoin reply to this

         Overall, it is great news.

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            Ken Burgessposted 5 years agoin reply to this

            It is, and it should be getting a lot of positive coverage...
            
            We are over two years into the Trump Presidency... so this is all his Administration's doing, he deserves all the accolades.
            
            He rolled back Obama regulations, got America out of TPP and Paris Accord agreements that would have crushed the American Middle Class, has re-worked NAFTA and told China its free ride is over.
            
            Every positive economic outcome has everything to do with his Administration, in spite of the resistance from Congress and the poor decisions of the previous administrations.

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               Don Wposted 5 years agoin reply to this

               "Every positive economic outcome has everything to do with his Administration"
               
               Falls in unemployment are always good news, but unless I have misunderstood the above statement, it's hard to describe it as anything other than a lie.
               
               As I pointed out, the unemployment rate started falling in 2010 and continued to fall from 2010 - 2016. So continuing that trend is great, but it is a continuation nonetheless.
               
               Is it so hard to acknowledge that at least one of those positive outcomes you mention did as a matter of fact start, and continue for 6 years, under the previous administration?
               
               Why would someone even try to pretend that's not the case? It's literally a matter of public record. And why does even good news have to include untruths? I'm not being facetious, that's a serious question. Just seems very strange to me.

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                  Kenna McHughposted 5 years agoin reply to this

                  Good news is good news.

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                     Don Wposted 5 years agoin reply to this

                     "Good news is good news."
                     
                     Yes, and lying is lying.
                     
                     Falling unemployment is good. But the statement "Every positive economic outcome has everything to do with [the current] Administration" is a lie.
                     
                     I'm sure you wouldn't want anyone to mistakenly think the above statement is accurate.

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                        Kenna McHughposted 5 years agoin reply to this

                        It's good news no matter how it is dissected or scrutinized. More people are working. That is awesome.

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                           Don Wposted 5 years agoin reply to this

                           "It's good news no matter how it is dissected or scrutinized."
                           
                           And acknowledging good news doesn't preclude pointing out a lie.
                           
                           A ten-year continuous fall in unemployment rates is great, but there is no need to lie about the origins of that positive outcome.
                           
                           Do you believe it necessary for anyone to lie about such a simple truth?

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                              promisemposted 5 years agoin reply to this

                              Yes. If they feel the need to protect their pre-conceived biases.

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                              Ken Burgessposted 5 years agoin reply to this

                              Here is a "simple truth".
                              
                              Trump will be re-elected so long as the economy remains good.
                              
                              If you think otherwise, feel free, but such thoughts will prove no more truthful than the lies that he was a Russian puppet or the delusional hopes that he would resign before his first year was up.

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                                 Don Wposted 5 years agoin reply to this

                                 We can all speculate Ken.
                                 
                                 What we can't do is change objectively verifiable facts.
                                 
                                 The downward trend in unemployment did in fact start in 2010 under the previous administration, and continued for six years. I'm not sure why you feel the need to deny that.
                                 
                                 Is continuing low unemployment suddenly not good news, just because we have Obama to thank for starting the trend? That doesn't make any sense. To quote Kenna McHugh from this very thread "Good news is good news".
                                 
                                 But let me be a bit more generous. Perhaps you misspoke, or perhaps I misinterpreted your comment. Feel free to set the record straight about what you meant.
                                 
                                 In my experience the degree to which a political commentator is willing to distort reality, is directly proportionate to the degree to which they are ideologically entrenched.
                                 
                                 So if you did mean to say the previous administration played no part in the downward trend for unemployment rates, then clearly in your case the degree of entrenchment is quite high.

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                     promisemposted 5 years agoin reply to this

                     When the unemployment rate dropped from 9.8% to 4.7% under Obama, the far right including people on here would shriek that the numbers were all lies.
                     
                     They sure didn't trumpet the "good news" then.
                     
                     Funny how those lies under Obama have become the truth under Trump.

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                        wildernessposted 5 years agoin reply to this

                        Perhaps because employment didn't rise nearly as far as unemployment dropped; the result of not counting those people without work but no longer drawing unemployment.
                        
                        Funny how the whole story isn't being told here...

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                           promisemposted 5 years agoin reply to this

                           Funny how the response has nothing to do with provable facts.

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               promisemposted 5 years agoin reply to this

               The unemployment rate:
               
               1. Dropped under Obama from 9.8% to 4.7% after he inherited a massive recession.
               
               2. Has dropped under Trump from 4.7% to 3.9% after he inherited a booming economy.
               
               Which President deserves more accolades?

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                  wildernessposted 5 years agoin reply to this

                  1.  It dropped after he inherited a massive recession...and spent a trillion dollars buying his way out of it - the tried and true method that has been used in the past.  It didn't fall very fast, and was still high when Obama left, but it dropped.
                  
                  2.  It dropped under Trump to the lowest we've seen in decades, after he inherited a very slowly (slowest in history) recovering economy.  It was hardly "booming".
                  
                  Odd how those two, very pertinent, facts were left out, isn't it?  That the recovery was extremely slow, and that Trump produced the lowest unemployment we've seen in a long, long time.

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                     Kenna McHughposted 5 years agoin reply to this

                     Good points!

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                        promisemposted 5 years agoin reply to this

                        Great points as long as they have nothing to do with facts, logic and reality.
                        
                        Great points for people who put party above country.

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                     promisemposted 5 years agoin reply to this

                     Irrelevent and misleading as usual.
                     
                     1. "It didn't fall very fast, and was still high when Obama left". A decline from 9.8% to 4.7% is not fast and still high? Seriously?
                     
                     2. How is a massive decline in the unemployment rate and a massive jump in the stock market not evidence of a booming economy?
                     
                     Trump is holding onto the Obama economy with a massive tax cut that is skyrocketing the deficit and national debt.
                     
                     But fake conservatives on here keep avoiding that point, don't they?
                     
                     Anyone can deny the truth by corrupting logic and truth.

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                        Kenna McHughposted 5 years agoin reply to this

                        Good news is unemployment is down.

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                           promisemposted 5 years agoin reply to this

                           Unemployment has been going down since Obama took over the Oval Office from George Bush.
                           
                           Do you give credit to Obama for the massive decline in unemployment during his Presidency?

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                           Kenna McHughposted 5 years agoin reply to this

                           I like Learn to Live's answer.

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                        wildernessposted 5 years agoin reply to this

                        That is correct.  4.7% unemployment is high.  Seriously.
                        
                        A massive jump in the stock market is evidence of a booming economy.  Particularly after everyone predicted another recession when Trump was elected and the market skyrocketed instead.

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                           promisemposted 5 years agoin reply to this

                           No, it's not. The long-term average is 5.75%.
                           
                           https://ycharts.com/indicators/unemployment_rate
                           
                           I don't see what "everyone predicted another recession when Trump was elected" has to do with the facts I posted about unemployment under Obama and Trump.

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                              Sychophantasticposted 5 years agoin reply to this

                              Given the number of lies that pour out of the mouths of conservatives, why should we even believe that the economy is doing well? Given how much Trump lies, why is the news about the economy being accepted as the truth? Given how much he lies about everything else, isn't it reasonable to assume he's manipulating the numbers to make himself look better?
                              
                              I'm not saying I believe the economy is doing poorly, but it's like listening to a child or the boy who cried wolf. Under Obama, the stock market went up and up and up (more than doubling), but that was somehow a bad thing. Unemployment steadily went down and employment went up, but that was somehow a bad thing. But under Trump, who had the benefit of the momentum from a growing economy, all that was bad news under Obama is good news under Trump.
                              
                              My question is this: why should I believe liars?

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                                 promisemposted 5 years agoin reply to this

                                 The unemployment rate is declining because of retirements by Baby Boomers.
                                 
                                 Actual job growth is no different now than it was during the last 6 years of Obama.
                                 
                                 https://www.thebalance.com/jobs-report- … cs-3305732
                                 
                                 
                                 
                                 Regarding liars, yep, the country is flooded with them. That's why it pays to get news from credible and independent media and not blogs and social media.

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                                    wildernessposted 5 years agoin reply to this

                                    The recession ended and millions went back to work under Obama.  And under Trump, without that massive unemployment or the trillions spent, to draw from, millions more continue to be added to the workforce.  Yet it is all due Obama buying his way out of a recession.  Right!
                                    
                                    Guess it's all in how you spin it.  Perhaps we should give all the credit to Lincoln, who produced millions of ex-slaves that then got jobs.

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                                       Sychophantasticposted 5 years agoin reply to this

                                       Given how much Trump uses false numbers to make himself look better, why shouldn't I just assume the number on the economy is a lie also? It's not hard to believe he would tell whomever to make sure the economic numbers look good.

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                                       promisemposted 5 years agoin reply to this

                                       Please feel free to stay on point. Are you claiming the chart and facts I posted are wrong?

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                                          wildernessposted 5 years agoin reply to this

                                          Wrong?  Probably not.  But presenting a one sided view?  It is.  Here:
                                          
                                          https://www.statista.com/statistics/192 … ince-1990/
                                          
                                          https://fred.stlouisfed.org/series/PAYEMS
                                          
                                          Both total employment and non-farm employment is at an all time high.  This seems important, to me anyway, but while not denied by your link is shunted aside and ignored.  And neither was caused by Obama, although he did his part in ending the recession and taking employment back to where it was before that period.  Gains since then are not particularly due to anything he did but to actions taken by Trump in cutting taxes and regulation.  Perhaps to trade negotiations but that has yet to play out to the end.

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                                       Sychophantasticposted 5 years agoin reply to this

                                       So I'll keep asking this question: as a reasonable person, why should I believe anything the Trump government tells me?
                                       
                                       Apparently, Trump has spent years telling us he is the most successful person to run for President, but the NY Times revealed today that, in fact, he's one of the biggest failures, reporting the largest losses of anyone on their taxes. So this successful businessman is actually a huge failure. This genius is, apparently, not a genius.
                                       
                                       So again, why should I believe anything he says or anything his minions say. And again, I'm not asking to debate the truth of what he says, I'm asking to discuss why a known, proven liar, should be believed.

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      Sychophantasticposted 5 years agoin reply to this

      Why do you believe that figure?

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      Sharlee01posted 5 years agoin reply to this

      This is wonderful news, and hard to look at in any other light... Very happy with the way our economy continues to boom. Thank you for a positive post.

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         Kenna McHughposted 5 years agoin reply to this

         Sharlee, Thank you.

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   Live to Learnposted 5 years ago

   As evidenced here, no matter how good the news some will find reasons to complain.

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      Castlepalomaposted 5 years agoin reply to this

      Trump unemployment rate of 3.6 is one of the worst hoaxes of modern times. Like his claim of global warming is a chinese hoaxe. 
      
      The red pill, which is said to be a symbol of his “desire to return to reality.” There's no blue pill presented, however. Red pill and blue pill have become slang for accepting truth even though it's difficult, or rejecting it to cling to a comfortable falsehood.

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         Live to Learnposted 5 years agoin reply to this

         Whatever.

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      Sychophantasticposted 5 years agoin reply to this

      Why do you believe it is good news and why do you believe that what is being presented - the unemployment rate - is true, particularly given this administration's consistent penchant for saying things to make itself look good?

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         Castlepalomaposted 5 years agoin reply to this

         I wish I could play back the UN crowd laughing together at Trumps speach about his administration economics record being the best in American history.
         
         The real unemployment is anywhere from 18 to 20%. Don’t believe the 5.6. Don’t believe it. That’s right. A lot of people out there can’t get jobs.” And in May 2016: ”You hear a 5% unemployment rate. It’s such a phony number. That number was put in for presidents and for politicians so that they look good to the people.” A month after his victory in the US presidential elections, he was still sticking to his guns: “The unemployment number, as you know, is totally fiction.” Pre election even Trump himself said Obama's umployment record is more like 20% to 40%. What makes Americans think he will be honest again?

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            Sychophantasticposted 5 years agoin reply to this

            Oh, that's right. Remember when Obama touted his unemployment record? Republicans said the real unemployment rate was 30%.

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               Castlepalomaposted 5 years agoin reply to this

               If there is 263,000 new jobs under Trump.
               What is Trump going to do, when totally legalized marijuana becomes legal. There will be triple that amount like 780,000 mostly decent human being, looking for jobs when released from prisons per year. More than all violent criminals combined.
               
               What are those poor lawyers, judges, police, prison guards, chemo oncologist, drug cartels, pharmaceutical employees and etc (mostly useless jobs) going to do for jobs?. Not a bad post to open up.

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                  DoubleScorpionposted 5 years agoin reply to this

                  Castle,
                  
                  If all pot type products were legalized nationwide, the number of jobs would jump dramatically. The folks you mentioned would still have a job as well, because there will always be crime.
                  But, with the legalization of Cannabis and Hemp products, we would see an increase in farm, retail, construction material, textile, fuels, manufacturing, etc. job areas. We would also see a large increase in tax revenue. So...even though I am not a person who uses the THC product, I am very pro-legalization.
                  -M

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                     Castlepalomaposted 5 years agoin reply to this

                     I'm more with you on this. I'm playing a Devil's advocate. Prohibitions and wars on drugs will never works, for instance in the last 85 years where drugs wins times a 1000. It's only create more salvery and crimes all round. Prisoners have increased by 10 times in the last 40 years. Butt, who really cares, besides enableing  the wealthy greed and creating more insanity.

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                     wildernessposted 5 years agoin reply to this

                     While we would see some small retail shops going up, because of the way it will be set up, the rest of the employment gain probably won't happen.
                     
                     Farms, for instance, won't produce corn anymore - they'll switch to hemp.  Construction materials from hemp will simply replace other products, with no net gain in employment.  Same for textiles, fuel and all the rest of it - any job gain will be offset by job loss in the products being replaced.

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                        DoubleScorpionposted 5 years agoin reply to this

                        I don't agree with your assessments...as it would imply that we would no longer have a need for corn, or cotton, or various forms of fuels...
                        Now, for somethings it may replace it, as in certain fuels or plastics...and some types of construction materials, but it wouldn't be able to completely replace all of them...at least not yet. So it would create more jobs at least for a time period.
                        There would also be jobs created in refining, manufacturing, packaging and a few others areas besides just a few retail stores. I know a few folks in Washington state that are in the business and there are more than a few areas that it creates jobs.
                        But, you are correct that over time, it would eliminate some other jobs as it would replace them.
                        -M

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                     promisemposted 5 years agoin reply to this

                     I respectfully suggest you look up the stats for hospitalizations, car crashes, addictions and other problems that have increased in states that legalized marijuana.
                     
                     Legalization will increase costs to society while increasing the revenues you describe.

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                        wildernessposted 5 years agoin reply to this

                        There is little doubt that auto accidents, as well as other accidents, will rise.  It is well documented that people high on pot do not have the same responses or abilities as those that are not.

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                           Castlepalomaposted 5 years agoin reply to this

                           Colorado has been 90% more positive overall from legalized marijuana. As far as the number of highway deaths involving Colorado drivers who had marijuana in their system grew again in 2017, a new state study shows.
                           
                           At the same time, traffic fatalities in which drivers had enough marijuana in their bloodstream to be deemed legally impaired dropped sharply, from 52 in 2016 to 35 last year.
                           
                           The reason for this seeming contradiction: Marijuana can remain in the bloodstream for weeks, so a positive blood test may not mean a driver was stoned at the time of a deadly crash

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                              wildernessposted 5 years agoin reply to this

                              Or the reason is that people don't get as high, hiding in the closet, as they do while walking down the street.  Or that the "legal impairment" number is way too low.  Or that is primarily young people smoking weed and they have the most accidents anyway.
                              
                              Either way, it would seem that marijuana has a direct link to the number of accidents, doesn't it?  If you indulge you have a higher risk of crashing...and of harming/killing someone else.

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                                 Castlepalomaposted 5 years agoin reply to this

                                 Weed crosses all ages, professions and cultures.
                                 
                                 Weed is sold like liquor that must be concealed in a locked bag in your car.
                                 
                                 Police  can't test by blood because many medical marijuana patient will be over the limit. They test by physical walking the line or other ones like that.
                                 
                                 Beside they tested people stone on pot vs alcohol drunks, the stoners did much better in test. Yet, the two mix together is where police like in Holland are very strict about in controlling. In a intelligent & harmless way.

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                                    wildernessposted 5 years agoin reply to this

                                    Really?  You're now claiming that the same percentage of those over 60 smoke it, compared to those under, say, 30?  I think the only way you could show that is if you count those under 10 as being "under 30".  Technically true, but obviously not what is intended.
                                    
                                    That being high is better than being staggering drunk isn't saying much.  And it does not address whether driving ability is impaired at all.

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   Kenna McHughposted 5 years ago

   First, did you read the article?  The short article speaks nothing about Trump or Obama. It states "... the government reported that the U.S. economy grew at a 3.2% annual rate in the January-March period — the strongest pace for a first quarter since 2015."
   
   Hubbers are making their own comments about the past and previous Presidents, which has nothing to do with the article.

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   Kenna McHughposted 5 years ago

   Don, Did you read the article? The article speaks of this last quarter, which was not expected so it is good news.

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      Don Wposted 5 years agoin reply to this

      And did you read the statement I'm replying to?
      
      Ken's statement was: "Every positive economic outcome has everything to do with [the current] Administration".
      
      That is demonstrably false.
      
      So (again) low unemployment is great, but Ken's statement suggesting the previous administration played no part in a 10 year downward trend in unemployment, is false.
      
      I don't think acknowledging good news prevents us from also calling out falsehoods where we see them.
      
      Also, I'm genuinely interested to understand how someone could seemingly be so entrenched that they are willing to distort reality rather than acknowledge that the previous administration played a role in the downward trend in unemployment rates. That seems rather bizarre, and somewhat extreme to me.

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         Matchbankerposted 5 years agoin reply to this

         sure you are right

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   Kenna McHughposted 5 years ago

   California has a law about driving under the influence of any drug or alcohol. The law is there for a reason. A police officer spoke to the school's PTA and reported Washington and Colorado has higher auto accidents related to marijuana.
   
   I know marijuana impairs peoples thought process. I observed a couple trying to figure out which brand of coffee to buy while stoned out of their minds. They are probably still in the grocery aisle trying to figure it out. These poor souls don't even realize their predicament. It's sad.

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      Castlepalomaposted 5 years agoin reply to this

      Funny how pot is a mind drug. Yet as stone as they maybe, they have more sense more often,  not to drive til it wears off than a drunk on alcohol. Your Colorado and California accident stats are greatly debatable. Yet cherry picking questionable of the 10% possible negatives of marrijanna. Has been  politicans best con artist job for 85 years. Trump rather kill illegal good horticulturists at the boarder than switch sales at home.

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         Kenna McHughposted 5 years agoin reply to this

         They and they should know what they are doing while stoned.

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            Castlepalomaposted 5 years agoin reply to this

            They are not crisp on weed, still knowing what they doing. Have you ever gone to big outdoor marrijanna festival. More laughing than any place I have ever been. No fighting , no vandizing, no throwing up and  party til late and get up on time for work. Not the same story on alcohol.

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