We’d like to see falling unemployment, rising participation, and rising real wages. While unemployment fell, participation fell and real wages also fell. Among the problems we have to too many job seekers with useless college educations, and jobs that require skills.
Obama admin still making up sh!t out of thin air.
What really irks, is that libs will still be clinging to these fake numbers years from now.
If the entire drop in the rate of 0.3% came from the increase of 178,000 jobs that would imply that there are only 178,000 / 0.003 = 59 million workers. So something else even bigger than the 178,000 new jobs must be in play. Could it be a huge drop in the labor force as people drop out?
And that's just in paid anti-Trump protestors.
Say, government data releasers, what is the Labor Participation Rate down to? Or up to?
How does that jibe with a 4.6% unemployment rate?
Gee, I’ll bet this has nothing to do with seasonal holiday retail hires. Couldn’t possibly be. Nope. Because we NEVER see a jump in employment (especially part-time) in November every year.
They will save these and the market rally stats for the next 8 years to claim day after day that the economy was already in a strong recovery when Trump took over. Ba$tards.
The purpose of government is not to lie to its citizens. These lies actually hurt and distort economic activity. Just ask all those people who started green businesses during the 5-6 recovery summers that Obama lied about.
This is the latest tactic. CNN the other night was claiming Hussein was leaving Trump a healthy economy and a resurgent labor force, neither of which are true. But after January, the Left will (finally) release honest economic news(which we all know will be bad), to blame Trump..