U.S. Lost 33,000 Jobs in September; Unemployment Rate Dips to 4.2%

[2MuchMark]

U.S. Lost 33,000 Jobs in September; Unemployment Rate Dips to 4.2%

First time since Obama.

https://www.nytimes.com/2017/10/06/b...mployment.html

[pimpmaster9000]

It was mostly because of the hurricane....it is too early to feel trump IMO...still riding that obama wave...

[directfiesta]

Originally Posted by crucifissio

It was mostly because of the hurricane....it is too early to feel trump IMO...still riding that obama wave...

true ... then it will create more jobs ( repairing, fixing, etc ... )

[Barry-xlovecam]

Repairing causality damage does not create any new wealth -- it restores damaged property and just trades off money.

[Matt 26z]

Originally Posted by crucifissio

still riding that obama wave...

The only plausible Obama waves involve his expansion of the food stamp program and the "cash for clunkers" program. The extra food stamps would have funneled money into grocery stores in poor communities and the cash for clunkers would have helped out car dealerships and factories (though at the cost of poor people trying to buy cheap cars, which were instead being traded in for more money from the feds).

[Paul Markham]

Here's the real unemployment rate

The official unemployment rate dropped to 4.4 percent, its lowest level since May 2007.
But the 'U-6' rate declined slightly to just 8.6 percent.

Donald Trump on unemployment: He's right that it's 40% | Fortune

The ?real? unemployment rate is still close to 10% - MarketWatch

https://www.oxfamamerica.org/explore...ng-to-survive/

https://poverty.ucdavis.edu/faq/what...working-adults



And it will get worse.

[crockett]

Originally Posted by 2MuchMark

U.S. Lost 33,000 Jobs in September; Unemployment Rate Dips to 4.2%

First time since Obama.

https://www.nytimes.com/2017/10/06/b...mployment.html

I saw this being reported earlier in the week, but as others have said it's largely due to the hurricanes. We've had 2 large scale disasters with-in 2 months and another hurricane is hitting a 3rd area right at this moment. When you have major flooding and power outages for extended periods businesses close and people lose jobs.

The important thing is will the jobs rebound. Up till now the growth has been riding on Obama's economy. Now will be the tale tale sign if Trump is a Chump or can actually do something other than lie..

We will have to wait 2 to 3 months to see how it all pans out.. My guess is it will slowly come back on it's own but there will be an overall job loss that will take a year or so to recover from. That's if Trump does nothing at all to wreck the economy like start a fucking war or something..

For the record here in Florida it's still flooding. Since the hurricane it's rained everyday and rivers are all backed up to their breaking points. Where my mom is at, it's still in danger of flooding over a month after the hurricane hit. Where my dad is at the St Johns river floods into some roads every time it rains because the water is so high already there is no where for it to go.

With that said, it's not like a danger of flash flooding where dams break or anything like that. We don't have that here, but rather the water just keeps creeping up and up until it floods a area. Down at the lakes that make up parts of the river, all the docks that don't float are completely under water by several feet.

[Bladewire]

Originally Posted by Matt 26z

The only plausible Obama waves involve his expansion of the food stamp program and the "cash for clunkers" program. The extra food stamps would have funneled money into grocery stores in poor communities and the cash for clunkers would have helped out car dealerships and factories (though at the cost of poor people trying to buy cheap cars, which were instead being traded in for more money from the feds).

You have no problem flat out lying to support Trump that's unfortunate for you, luckily you're a morbidly obese recluse in a foreign country and have little to no impact in the real world

[blackmonsters]

Originally Posted by crucifissio

It was mostly because of the hurricane....it is too early to feel trump IMO...still riding that obama wave...

Obama kept the hurricanes away like a good president is supposed to do.

[Paul Markham]

https://www.google.cz/search?dcr=0&s....0.eHeN7tSxo3A

Read the facts not government spin.