Off-Topic: Heading In Right Direction
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Name:
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GoneFishin
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Subject:
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Heading In Right Direction
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Date:
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6/3/2018 4:24:38 PM (updated 6/3/2018 4:26:16 PM)
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Unemployment continues to head down. Interesting what Trump inherited when he entered office compared to Obama....
Nonfarm payroll unemployment rate in December 2008 rose from 6.8 to 7.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment fell by 524,000 over the month and by 1.9 million over the last 4 months of 2008.
Total nonfarm payroll employment rose by 156,000 in December 2016, and the unemployment rate was little changed at 4.7 percent, the U.S. Bureau of Labor Statistics reported today.
Under Obama, rate was reduced from 7.2% to 4.7%. Under Trump the positive direction continues to improve to 3.9%. Listen to the Right, one would think Trump took over a bad economy. Quite the opposite.
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