Does anyone actually believe the unemployment rate is 6.1%?
Never going to happen until the tax code is radically changed, this includes divorcing healthcare responsibility from business .
Production in this country is just too expensive, profits are double to produce the same widget elsewhere. When it comes down to it, business is about profit.
We have the highest corporate tax rate in the world.
LOL
Sure it is...
142K jobs created versus 220K which was expected to be the number....
Just 142K “new jobs?” Are they going to blame the snowstorms in August?
The US tax rate is near 40%. The US also taxes investment money for startups as income.
Ireland is 12.5% has no tax on investment and the corporate rate drops to 7.5% if R&D is located there.
Guess which country has no shot at this startup and their potentially highly paid workforce?
these unemployment figures are pure fantasy at this point. actual job numbers should be used:
Q: how many full time jobs were there when 0failure took the office?
A: 155m
Q: how many full time jobs are there today?
A: 118m
we’ve got more people today and less jobs. which is perfect for big govt types as they get more voters.
people begging for food/welfare make very reliable voters for democrats
remind anyone in such a situation that they are in that situation BECAUSE of democrats. it’s EXACTLY what we were warning about... and shocker... it’s become reality
Better news, concern trolls remain 100% employed.
The unemployment rate number is almost meaningless. It has been manipulated and bastardized by politicians to the point that it no longer reflects the real state of employment. It misleads rather than informs.
Unfortunately this is not the only economic number that has been corrupted.
Reform the tax code and repealling Obamacare would be a good start