Unexpected®
Notice that during Obama the job losses were reported low then quietly revised upwards in the following month.
With Trump good numbers are reported low then reported down in the next month.
Trump needs to clean out the BLS.
Cramer: Like or hate Trump, ‘these are the best numbers of our lives’ on jobs
CNBC ^ | 12/06/2019 | Matthew J. Belvedere
Posted on 12/6/2019, 5:42:14 PM by Kid Shelleen
CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation.
“You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Economists had expected the jobless rate to hold steady at 3.6% last month.
“People don’t want to say good things” about the economy, said Cramer, echoing comments he made Thursday evening on “Mad Money,” telling investors: “Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks.”
Referring to Trump, Cramer said Friday on “Squawk Box,” shortly after the jobs report was released, “It doesn’t matter whether you hate him or like him, these are real numbers.”
“This is the best number I’ve ever seen in my life,” Cramer said, zeroing in on the unemployment rate. “Fifty years ago, that number was a curse. Now it’s a blessing.” He added, “I don’t see inflation. I don’t see recession.”
(Excerpt) Read more at cnbc.com …
http://freerepublic.com/focus/f-news/3798982/posts
DO REMEMBER that the ‘unemployment’ statistics ONLY reflect people who are ON “unemployment”.
America actually reached the 25% unemployed (the Depression threshold) during the Obama regime even though the much touted/official “Unemployment” figures gave no true/realistic indication of that problem.
Understand that once you go OFF ‘unemployment’ (99 weeks max ?) and still are out of work you are NO LONGER COUNTED by THAT statistic. 8 years of Obama and many many STILL unemployed people fell off that statistic.
SO we are simply NOW trying to catch up and undo the economic damage Obama’s policies caused (and lets thank the weakling Republicans for caving in to him).
Who is increasing equities? If not, why not?
Ooooo! now they’ll impeach him for sure! Can’t have all those Blacks going back into the workforce! They will get a taste of American success, leave the plantation, and stop voting democrat!
CNN should just come out and say, “this is the new normal” gonna have to get used to having more higher paying jobs.