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Author Topic: US created 255,000 jobs in July vs. 180,000 jobs expected (Unemployment under 5%)  (Read 868 times)

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Offline Weird Tolkienish Figure

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US created 255,000 jobs in July vs. 180,000 jobs expected (Unemployment under 5%)
« on: August 05, 2016, 01:48:54 pm »
http://www.cnbc.com/2016/08/05/nonfarm-payrolls-july-2016.html

Yeah, Trump's gonna lose bigtime in November.
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Offline Night Hides Not

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Re: US created 255,000 jobs in July vs. 180,000 jobs expected (Unemployment under 5%)
« Reply #1 on: August 05, 2016, 01:56:56 pm »
Quote from: Weird Tolkienish Figure on August 05, 2016, 01:48:54 pm
http://www.cnbc.com/2016/08/05/nonfarm-payrolls-july-2016.html

Yeah, Trump's gonna lose bigtime in November.

A does not equal A: the economy grows at less than 2% for 18 months, but the unemployment rate has knifed through 5%, while the Fed keeps interest rates at historically low levels.

My macroeconomics professor must be spinning in his grave.
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Offline Weird Tolkienish Figure

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Re: US created 255,000 jobs in July vs. 180,000 jobs expected (Unemployment under 5%)
« Reply #2 on: August 05, 2016, 01:58:25 pm »
Quote from: Night Hides Not on August 05, 2016, 01:56:56 pm
A does not equal A: the economy grows at less than 2% for 18 months, but the unemployment rate has knifed through 5%, while the Fed keeps interest rates at historically low levels.

My macroeconomics professor must be spinning in his grave.

I think a lot of Baby Boomers are retiring.
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