OOOOOBAMA

U.S. unemployment rate hits a 16-year low

 

 

 

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Comments (10)

  1. stevehayes13

    The US unemployment rate is anything but an accurate measure of unemployment.

    June 02, 2017
  2. SEC

    is that the u6 number or the tweaked one?

    June 02, 2017
  3. cusijaimeflores

    Tweeked one

    June 02, 2017
  4. willsblog

    I’d like to see the real numbers rather than the made up massaged ones that Obama implemented. I would bet that the actual rate has improved since President Trump took office. The economy has gotten much better since President Trump took over I know.

    June 02, 2017
    1. GovMisdirection

      U.S. Unemployment at 16-Year Low, but Economy’s Weak Spots Remain
      Unemployment sank to 4.3 percent in May, its lowest level in 16 years, the government reported Friday, but halfhearted wage growth and a shrinking labor force revealed the economy’s stubborn weak spots.
      The New York times – JUNE 2, 2017
      The rate has improved, January 4.8 down to 4.3 in May.

      June 03, 2017
      1. willsblog

        It may be true however, I wouldn’t put much stock in what the N.Y. Times prints.

        June 03, 2017
        1. GovMisdirection

          Right - but, this statistic makes Trump look good.

          June 03, 2017
          1. willsblog

            True! It wouldn’t take much to make President Trump look good compared to the carnage, high taxation and high unemployment of the Obama administration. Let’s hope that the voters remember how bad things were under the Liberal Obama administration and vote accordingly at next election as well.

            June 03, 2017
  5. stevehayes13

    Perhaps a more accurate measure would be the number of Americans not in the labour force. When Obama became president the number was 80 million. By the time Trump became president, the number was over 94 million. It is now nearly 95 million. In other words, the rate of increase has decreased, slightly.

    https://data.bls.gov/timeseries/LNS15000000

    June 05, 2017
    1. GovMisdirection

      If you have ever read how the unemployment number are calculated, you would not believe any of them. In my area illegals are figured into census figures for various government calculations, and representation in congress. I probably know more unemployed people that employed ones. How about figuring under employed people.
      I once had a neighbor who was from Korea, a nuclear physicists working here in a restaurant.

      June 05, 2017