Unemployment jumps to highest rate in years as economists fear recession

Originally posted by: David Miller

       Does anyone remember what it was before covid ruined the economy? 


Fact:  There was global unemployment when Trump was in office

 

David Miller: Cause there was a pandemic

 

Fact: There was global inflation when Biden was in office

 

David MIller:  What pandemic?

 

 

 

 

 

 

Originally posted by: PJ Stroh

Fact:  There was global unemployment when Trump was in office

 

David Miller: Cause there was a pandemic

 

Fact: There was global inflation when Biden was in office

 

David MIller:  What pandemic?

 

 

 

 

 

 


Anybody wanna bring up the fact that our COVID death rate was double that of other industrialized nations? That's what happens when your chief executive tells you to drink bleach and snort horse tranquilizers.

Originally posted by: Kevin Lewis

Anybody wanna bring up the fact that our COVID death rate was double that of other industrialized nations? That's what happens when your chief executive tells you to drink bleach and snort horse tranquilizers.


Bidenomics - the reality --- The latest jobs report from the U.S. Bureau of Labor Statistics casts a grim light on the Harris-Biden economy, with unemployment blowing past expectations to 4.3% last month, the highest rate since October 2021. This unexpected rise has spurred fears of a looming recession. Economist John Lonski expressed his concerns to Fox Business, stating, "I’m beginning to smell a recession coming into view…this jump by the unemployment rate, my goodness, 4.3%, this is up sharply from not long ago." The report breaks down the troubling statistics further. Over the past 12 months, the employment situation has deteriorated significantly for native-born Americans, with 1.2 million losing their jobs. In contrast, 1.3 million foreign-born workers have found employment during the same period. Additionally, the number of people juggling multiple jobs has surged by 311,000, and 558,000 more Americans are now compelled to work part-time for economic reasons. - https://mxmnews.com/article/083d15b2-fa6f-4beb-8d39-885254631c7d?unemployment-jumps-to-highest-rate-in-years-as-economists-fear-recession

MXM "News" again. Brought to you by Trump's spawn.  😄😄😄


Originally posted by: Kevin Lewis

MXM "News" again. Brought to you by Trump's spawn.  😄😄😄


  Brought to you by  -- report from the U.S. Bureau of Labor Statistics

Originally posted by: David Miller

  Brought to you by  -- report from the U.S. Bureau of Labor Statistics


One statistic, and a whole bunch of idiotic editorializing. If the goobers who made this up knew anything about the economy, they'd know that a 4.3% unemployment rate is still very low, and any talk of an 0.1% increase being indicative of a recession is just ignorant.

 

Don't be like Trump and constantly thrash around for negative things to say. You only shame and embarrass yourself.

Originally posted by: Kevin Lewis

One statistic, and a whole bunch of idiotic editorializing. If the goobers who made this up knew anything about the economy, they'd know that a 4.3% unemployment rate is still very low, and any talk of an 0.1% increase being indicative of a recession is just ignorant.

 

Don't be like Trump and constantly thrash around for negative things to say. You only shame and embarrass yourself.


Bidenomics - the reality --- The latest jobs report from the U.S. Bureau of Labor Statistics casts a grim light on the Harris-Biden economy, with unemployment blowing past expectations to 4.3% last month, the highest rate since October 2021. This unexpected rise has spurred fears of a looming recession. Economist John Lonski expressed his concerns to Fox Business, stating, "I’m beginning to smell a recession coming into view…this jump by the unemployment rate, my goodness, 4.3%, this is up sharply from not long ago." The report breaks down the troubling statistics further. Over the past 12 months, the employment situation has deteriorated significantly for native-born Americans, with 1.2 million losing their jobs. In contrast, 1.3 million foreign-born workers have found employment during the same period. Additionally, the number of people juggling multiple jobs has surged by 311,000, and 558,000 more Americans are now compelled to work part-time for economic reasons. - https://mxmnews.com/article/083d15b2-fa6f-4beb-8d39-885254631c7d?unemployment-jumps-to-highest-rate-in-years-as-economists-fear-recession

Originally posted by: David Miller

Bidenomics - the reality --- The latest jobs report from the U.S. Bureau of Labor Statistics casts a grim light on the Harris-Biden economy, with unemployment blowing past expectations to 4.3% last month, the highest rate since October 2021. This unexpected rise has spurred fears of a looming recession. Economist John Lonski expressed his concerns to Fox Business, stating, "I’m beginning to smell a recession coming into view…this jump by the unemployment rate, my goodness, 4.3%, this is up sharply from not long ago." The report breaks down the troubling statistics further. Over the past 12 months, the employment situation has deteriorated significantly for native-born Americans, with 1.2 million losing their jobs. In contrast, 1.3 million foreign-born workers have found employment during the same period. Additionally, the number of people juggling multiple jobs has surged by 311,000, and 558,000 more Americans are now compelled to work part-time for economic reasons. - https://mxmnews.com/article/083d15b2-fa6f-4beb-8d39-885254631c7d?unemployment-jumps-to-highest-rate-in-years-as-economists-fear-recession


A Trump spawn pulling numbers out of his ass. Yawwwwn.

Every article or stat that Kevin doesn't like is "made up."  

 

Weak

Its not a bad stat.   Its what Trump's Republican FED Chairman has said is the desired result of his interest rate hikes.    Inflation has been reeled in and employment rates are normalizing.

 

Whats the intelligent outcome critics were hoping for besides desperately trying to appease their hemorroid flare up?   Did you want inflation to roar back higher?  Or did you want a recession?    We've navigated to avoid both and every economist says thats a good thing.      People on the shortbus have their own opinions.

 

 

 

 

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