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Continued strength in Goods Production:
They are still promoting adjusted U3 need numbers. Fake news.Current U6 unemployment is at 7.4%.https://unemploymentdata.com/current-u6-unemployment-rate/
Amazing how people now ignore the very same numbers they used to use when the previous regime tried to make the same sketchy claims about low unemployment.
They are not sketchy claims. Some of us who work in the real world can see tangible evidence that people are working again. Businesses are having trouble expanding because of a shortage of labor. Overall comfort level of people who have been struggling the last 10 years is getting better. BTW if you look at the good old U6 numbers for unemployment it is still down 3% from Obama's lows to around 7%.
The same experts on Fox News that are estatic anoit 223K jobs being added used to refer to that as enemic when Obama was in office.
They did?
And workforce participation is still just slightly off all time lows.https://tradingeconomics.com/united-states/labor-force-participation-rate
Yup.
Ah. Well, we watch the Fox Business Channel, where those numbers get reported religiously. I don't recall their swooning over any of Obastard's data.
@Cyber Liberty No no I didn't mean to say they swooned over the numbers back then. What I meant was the numbers they are swooning over now they were very critical of when Obummer was in office. -5 for clarity on my part.