BREAKING: unemployment rate falls to 4.7%

[SassyIrishLass]

Wonder how much this one will end up having been overstated? At 30,000 avg for the last 2 months overstatement, could the real jobs added number jump down to just 8,000, if the trend holds.

And then there is this, the last 2 month reports were overstated by 59,000.

And the may just numbers sucked...

May jobs report worst in 5 years: Only 38,000 jobs added, labor force declines 458K - Hot Air

You notice they always adjust the numbers but never adjust the unemployment figure?

 

[Conservative65]

U.S. job creation weak, even as unemployment rate falls to 4.7%

Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Claims of unemployment going down but millions still relying on food stamps despite having jobs. Doesn't add up.

 

[SassyIrishLass]

U.S. job creation weak, even as unemployment rate falls to 4.7%

Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Claims of unemployment going down but millions still relying on food stamps despite having jobs. Doesn't add up.

 

[ThunderKiss1965]

Lowered expectations makes any gain look wonderful.

 

[dannyboys]

U.S. adds 38,000 jobs in May; unemployment falls to 4.7%

 

[bucs90]

So.....almost 40% of Americans aren't even in the labor market and of them....only 4-5% are looking for a job ("unemployment rate").

Wow. And libs celebrate this???

 

[JimH52]

No one is celebrating....idiot.

 

[pinqy]

Wonder how much this one will end up having been overstated? At 30,000 avg for the last 2 months overstatement, could the real jobs added number jump down to just 8,000, if the trend holds.

And then there is this, the last 2 month reports were overstated by 59,000.

And the may just numbers sucked...

May jobs report worst in 5 years: Only 38,000 jobs added, labor force declines 458K - Hot Air

You notice they always adjust the numbers but never adjust the unemployment figure?

The numbers used for the UE rate do not get adjusted, except for each December when the seasonally adjusted numbers are adjusted.

 

[pinqy]

So.....almost 40% of Americans aren't even in the labor market and of them....only 4-5% are looking for a job ("unemployment rate").

The unemployment rate is percent of the labor force. I can't tell what you think it means. The unemployed are part of the labor market.

 

[rightwinger]

4.7% ???

Remember when Republicans chanted that the unemployment rate was the most important economic indicator?

 

[rightwinger]

U.S. job creation weak, even as unemployment rate falls to 4.7%

Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

This is why almost 70% of Americans think the Country is moving in the wrong direction. Idiot.

Why do you want retirees, 16 year olds and stay at home moms back in the workforce?

 

[JimBowie1958]

Where'd jim go.

????

 

[JimBowie1958]

And then there is this, the last 2 month reports were overstated by 59,000.

And the may just numbers sucked...

May jobs report worst in 5 years: Only 38,000 jobs added, labor force declines 458K - Hot Air

If these trends keep going, the unemployment rate will reach 0% and no one will be left in the labor force pool.

 

[JimBowie1958]

The unemployment rate is percent of the labor force. I can't tell what you think it means. The unemployed are part of the labor market.

Except when the gubbermint decides you arent realy looking anymore and just arbitrarily doesnt count you as 'looking for work'.

 

[JimH52]

Where'd jim go.

????

Some of us have a life, unlike you wingnuts.

 

[JimBowie1958]

Where'd jim go.

????

Some of us have a life, unlike you wingnuts.

Yeah, you got your Hillary Talking Points Committee meetings.

Big deal.

 

[Mac1958]

U.S. job creation weak, even as unemployment rate falls to 4.7%Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Are you serious?
.

 

[JimBowie1958]

U.S. job creation weak, even as unemployment rate falls to 4.7%Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Are you serious?
.

Of course, you do know he is totally serious, like a scrotum rash.

 

[Mac1958]

U.S. job creation weak, even as unemployment rate falls to 4.7%Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Are you serious?.

Of course, you do know he is totally serious, like a scrotum rash.

Honestly, I can never tell at this point.
.

 

[JimH52]

U.S. job creation weak, even as unemployment rate falls to 4.7%Poor job creation but unemployment falls. The poor GOP JUST CANNOT WIN!

Are you serious?
.

Of course, you do know he is totally serious, like a scrotum rash.

Scrotum rash....your brother?