Which direction is the economy actually heading? Up or down?

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rdean

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America has near record 5.8 million job openings

Job openings are just about everywhere today.
America had around 5.75 million job openings in March. That's just shy of the all-time high, 5.78 million openings, set last July, according Labor Department data published Tuesday.


It's great that U.S. businesses are hiring. But these record number of openings are also a sign that business owners can't find the skilled workers qualified to fill the jobs they have.

America has 5.8 million job openings

On the upside, employers are hiring more and the U.S. economy is growing -- a healthy sign as concerns rise about the global economy potentially weighing down U.S. economic growth. In some respects, a large number of job openings indicate that America's job market is improving, economists say.

However, job openings also mean some employers can't find the right people to hire. Too many job openings represent a problem: The job skills gap in America, experts say.

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One Day After Obama Touts Economy in Big Speech, Worst Jobs Report in Five Years Posted For May

“This devastating jobs report showing the weakest hiring in five years is the latest indication we need to move away from the failed Obama policies Hillary Clinton is promising to continue. The percentage of Americans in the labor force is the smallest since 1978, and last month 12 times more people gave up looking for work than found a job. This is unacceptable," RNC Chairman Reince Priebus released in a statement Friday. “Just this week President Obama was trying to convince Americans they’ve never had it so good, but on his watch wages have remained stagnant, economic growth has slowed to a crawl, and the middle class has continued to shrink. By running on four more years of Obamanomics, Hillary Clinton is guaranteeing that struggling Americans will never get ahead. Donald Trump is a successful businessman who knows what it takes to create jobs and get our economy back on track. As this report makes clear, we need that kind of thinking now more than ever in the White House.”

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Similar reports from CNN Money and other finance sites and publications repeat the 5.8 million jobs unfilled figure. Unemployment is staying low but those with skills for the available jobs simply don't exist. It's why jobs being filled remain low.

China has replaced people making a buck 6 an hour with robots who don't get paid anything. Trump says he will bring those jobs back? Who could believe that? Apparently many do. Perhaps they should expand their area of information input beyond Fox and find out exactly what is going on.
 
Less than 5% unemployment. 5.8 million jobs available for those with skills.

And Republican morons call this failure.
 
U.S. economy slows, with GDP growing 0.5% in first quarter

The U.S. economy grew at its weakest quarterly pace in two years between the months of January and March, government data showed Thursday morning, as consumers and businesses alike showed new caution with their spending.

The nation’s gross domestic product expanded just 0.5 percent on an annualized pace. Businesses cut back on investments with a severity not seen since the financial crisis.

U.S. economy slows, with GDP growing 0.5% in first quarter
 
Neither, it's relatively flat with barely upward creep,

Really slow economic expansion, slow steady improvements in employment situation, consumer numbers like cc delinqs have fallen.

Partisan ideologues on either side scream dramatic rise/drop, truth is exactly in the middle.
 
Neither, it's relatively flat with barely upward creep,

Really slow economic expansion, slow steady improvements in employment situation, consumer numbers like cc delinqs have fallen.

Partisan ideologues on either side scream dramatic rise/drop, truth is exactly in the middle.


Except 38,000 added jobs doesn't cover what's needed a month, the previous two months were adjusted lower also and auto and credit card delinquency were at a low rate but increased in the first quarter. This is not a healthy economy by any stretch of the imagination.
 
Despite the far left propaganda here:

Direction of Country

The people think the country is moving in the wrong direction..

And this will defeat all far left propaganda:

latest_numbers_LNS11300000_2006_2016_all_period_M05_data.gif

Bureau of Labor Statistics Data
 
Less than 5% unemployment. 5.8 million jobs available for those with skills.

And Republican morons call this failure.

It isn't a lack of skills. It's because they don't want to pay and also less than full time for a lot of areas. But do you know what is going to be sold next and you will grovel in your support of?
 
Except 38,000 added jobs doesn't cover what's needed a month, the previous two months were adjusted lower also and auto and credit card delinquency were at a low rate but increased in the first quarter. This is not a healthy economy by any stretch of the imagination.
Liberals and Democrat's are out of their comfort zone when it comes to math and using numbers.

They hate the fact that 1+1=2

In their mind 1+1 = 3 or 7 or 19.......because any answer they choose is correct based on equality and diversity. ....... :cool:
 
Less than 5% unemployment. 5.8 million jobs available for those with skills.

And Republican morons call this failure.

It isn't a lack of skills. It's because they don't want to pay. But do you know what is going to be sold next and you will grovel in your support of?

Another far left drone failed post!

unit_labor_costs_chart.png


Labor Costs | Assess Costs Everywhere


Pay attention.

You should!

AS I just trumped your far left BS with actual facts!
 
Less than 5% unemployment. 5.8 million jobs available for those with skills.

And Republican morons call this failure.

It isn't a lack of skills. It's because they don't want to pay. But do you know what is going to be sold next and you will grovel in your support of?

Another far left drone failed post!

unit_labor_costs_chart.png


Labor Costs | Assess Costs Everywhere


Pay attention.

You should!

AS I just trumped your far left BS with actual facts!

You didn't turn anything anywhere clown.
 
Except 38,000 added jobs doesn't cover what's needed a month, the previous two months were adjusted lower also and auto and credit card delinquency were at a low rate but increased in the first quarter. This is not a healthy economy by any stretch of the imagination.
Would you look at any single month with strong numbers for jobs added and declare it a sign of a strong economy? Of course not, we look at overall trends and I'm sure you know millions of jobs have been added. It has been a slow but steady improvement in the job situation. CC delinquencies have been on a downward trend for years, they are hardly something I'd look at and declare a negative sign for the economy: FRB: Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks

"Healthy" is too nebulous a term to really try to pin down whether an economy is or isn't. I'd still take the stance that this economy is meh.
 
The fiat dollar is fucked and it's reign as the world's reserve currency is drawing to a close....bank on it and etch it in stone.
 

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