[ April 18, 2024 ]
Unemployment is lower than it was under Obama/Biden, and that is without an unprecedented plague.
New jobs, unemployment numbers point to ‘V’-shaped recovery — only a Biden lockdown could end it.
The only thing that could mess things up now is if politicians plunge the country into another lockdown for political reasons.
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Barrons: Why a V-Shaped Economic Recovery Is Still on Track
Unemployment Rate Drops One Month Before Election Day
The unemployment rate declined slightly in September as communities continue to reopen for business. But unemployment periods are lengthening, signaling that the American job market is still struggling to recover from the initial impact of the pandemic.
By: Forbes, October 3, 2020:
The unemployment rate dropped to 7.9% in September, the Department of Labor reported today. Last month, 661,000 jobs were added to the economy, compared to 1.4 million in August—although that August spike was due in part to temporary Census workers.
While the unemployment rate has declined for five consecutive months, it’s still higher than it was in February, prior to widespread layoffs resulting from efforts to curb the spread of Covid-19, the Department of Labor noted. And while temporary layoffs have decreased, permanent job losses rose in September, meaning workers are feeling the long-term impact of the pandemic.
Recommended For YouSecretary of Labor Eugene Scalia painted an optimistic picture of a recovery that’s exceeding expectations, saying that more than half the jobs lost from the pandemic have been restored. He noted that the Congressional Budget Office previously predicted a 15.8% unemployment rate for this point in the year.Notable gains took place in the retail and leisure and hospitality industries, and manufacturing also added 66,000 jobs, he said.
This is the last monthly jobs report that will be released before Election Day. Although Scalia’s comments indicate optimism, a deeper look at the numbers reveals that the employment landscape is not improving evenly for all workers.
Here 3.2% and 3.1%, respectively. In September 2020, those rates are 7.4% for men and 7.7% for women………
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10 Comments
3 years ago
The Biden Plan ……………
3 years ago
The Biden Plan on Corruption …………… will continue uninterrupted
3 years ago
3 years ago
The liberal media will ignore it and state the OPPOSITE.
3 years ago
The government’s unemployment index does not measure actual unemployment. The formula was changed during the Clinton regime to make it more politically correct. Those unemployed over one year are NOT counted. They are dropped off. See ShadowStats.com for how the lies are done and what actual unemployment is. Pam knows what the truth is but is cheer leading. Again.
3 years ago
Reply to
lostlegends
All true. There is no recovery. Instead the gap between the rich and the poor is wider than its ever been, and the middle class is nearing extinction.
Trump was the only choice in 16 and he’s the only logical choice now, but the economy has already been wrecked. How a businessman was ever convinced to halt the lifeblood of the country (commerce) was more than the viral ‘Pandoras’ Box’ openers could have dreamed of. At some point, there must have been a discussion, “How will we ever get Trump to go along with it?”
When Trump stopped flights from China, he did so against the wails of Democrats, yet it was his gut reaction to do it, and rightly so…it was in line with his anti-globalist position.
When he pushed for alternative treatments to lessen the severity of the bug, he was again the man for the people.
But, ignoring Robert Kennedy Jr’s advice concerning everything connected to Gates, he put Fauci and Birx in charge (both Gates henchmen) and let them tell him what to do. Based on their combined misinformation, he shut it all down and then signed off on trillions of additional debt ‘because’ it was all shut down. He played right into ‘their’ hands and now the tipping point economically has been passed. The stockmarket is no longer connected to reality, only to continued money printing. The financial death spiral that started decades ago is now closing in on its final breaths and the ones paying the price are increasingly going to be the middle and poor classes.
Now the ‘anti-vaccer’ pre-office Trump, has become the most staunch ‘vaccer’ of the most dangerous vaccine ever, and is advocating for military administration of it?? Wait, how did we get here?
This manmade/altered virus was released on the world…it was the globalist’s power play, and they mean to not waste the opportunity. I’m sure there were multiple goals all to advance their agenda, but the man who seemed to be the lone barrier, has become someone else and I’m now unsure of what he represents.
Shut down commerce?
Pile on astronomical debt?
Push a dangerous vaccine and use the army to do the dirty?
“V’ shaped recovery – lies, all lies. There’s no coming iceberg, we’ve already hit it.
3 years ago
?itok=kfNVvlMZ
MOre cruise shps being junked in Turkey.
3 years ago
Here’s a reality check for ya’ll. California, my state, is NOT reporting unemployment claims for awhile as they are swamped and way behind. They are NOT accepting new claims and won’t for awhile. So the latest Federal lies as to the unemployment rate DO NOT include California. Part of the numbers the Feds used they admitted are pure guesses. No Lie GI.
3 years ago
My goodness between lostlegends and geirsmith the comment section is dominated by hate.
3 years ago
DON’T SKIP THIS URGENT MESSAGE!!!
THIS COULD BE YOUR LAST INVITE TO RECEIVE AND BELIEVE ON THE LORD JESUS CHRIST!!! AFTER THE RAPTURE, JESUS WILL BE COMING BACK AS THE LION OF JUDAH and ALL UNBELIEVERS WILL BE TORMENTED IN HELL, THE LAKE OF FIRE, FOREVER!!!:
WE ARE IN THE LAST DAYS OF GRACE PERIOD FOR GENTILES!!! The “END POINT” is ETERNAL HELL for ALL UNBELIEVERS, OR eternal LIFE with YOUR CREATOR the Lord Jesus Christ for ALL BELIEVERS!!! True DEATH is being SEPARATED FROM YOUR CREATOR!!! PREPARE TO MEET THY CREATOR!!! JESUS IS COMING!!! BELIEVE ON HIM!!! ON THE CROSS JESUS DIED AND SHED HIS BLOOD FOR ALL, HE WAS BURIED AND ROSE ON THE THIRD DAY, AND ASCENDED TO HEAVEN!!! PRAY AND TELL HIM YOU BELIEVE THIS!!! SEE bethelchurchmo.com, or Gene Kim, or Robert Breaker both on youtube, MORE INFORMATION on how TO AVOID HELL!
