someoneyouknow
Literotica Guru
- Joined
- Jun 5, 2006
- Posts
- 28,274
Only 85,000 jobs were created in August.
What's that? You saw a 130,000 figure? 25,000 jobs are one-time only census takers, i.e. government jobs. Take them out. Then take out the revised downward 20,000 jobs from June and July. Voila! 85,000 jobs. Even if you don't want to believe the 85,000 figure, consider that everyone was predicting job growth of around 170,000. Even by that standard, reality came in 23.5% lower.
Total hours worked are also slumping. Every sector has seen a contraction.
As shown in the four graphs, this supposed "great" economy is no better than Obama's, the one the con artist kept saying was horrible. As it stands now, the con artist will create fewer jobs than Obama did during the same time period and growth will be no better, either.
https://www.marketwatch.com/story/us-creates-just-130000-new-jobs-in-august-keeping-fed-on-track-to-cut-rates-2019-09-06
https://www.marketwatch.com/story/this-economy-is-just-like-the-one-trump-ran-against-in-2016-except-one-thing-2019-09-06?mod=mw_latestnews
https://www.marketwatch.com/story/demand-for-labor-weakens-as-stimulus-fades-and-tariffs-rise-2019-09-06?mod=mw_latestnews
What's that? You saw a 130,000 figure? 25,000 jobs are one-time only census takers, i.e. government jobs. Take them out. Then take out the revised downward 20,000 jobs from June and July. Voila! 85,000 jobs. Even if you don't want to believe the 85,000 figure, consider that everyone was predicting job growth of around 170,000. Even by that standard, reality came in 23.5% lower.
Total hours worked are also slumping. Every sector has seen a contraction.
As shown in the four graphs, this supposed "great" economy is no better than Obama's, the one the con artist kept saying was horrible. As it stands now, the con artist will create fewer jobs than Obama did during the same time period and growth will be no better, either.
https://www.marketwatch.com/story/us-creates-just-130000-new-jobs-in-august-keeping-fed-on-track-to-cut-rates-2019-09-06
https://www.marketwatch.com/story/this-economy-is-just-like-the-one-trump-ran-against-in-2016-except-one-thing-2019-09-06?mod=mw_latestnews
https://www.marketwatch.com/story/demand-for-labor-weakens-as-stimulus-fades-and-tariffs-rise-2019-09-06?mod=mw_latestnews