Off-Topic: May jobs number not so great
(Bankhead Lake Specific)
3 messages
Updated 2/8/2012 8:19:41 PM
Lakes Online Forum
83,634 messages
Updated 5/24/2024 8:32:16 PM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Bankhead Lake Specific)
0 messages
Updated
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
MartiniMan
-
|
Subject:
|
May jobs number not so great
|
Date:
|
6/4/2021 6:18:09 PM
|
|
Of course Dementia Joe and team are taking a victory lap, not because they believe it, but because they know the media will give them a pass. Funniest thing is VPOTUS tweeting about how its the lowest unemployment rate since the beginning of the ChiCom virus, failing of course to mention that under Trump it dropped from 14.7% to 6.7% by January 2021 and only another % under four months of the current administration. But hey, why let facts get in the way. Sadly, the labor participation rate actually dropped a bit which indicates people are not returning to work despite massive job openings. And Dementia Joe's eco advisors are refusing to repeat his nonsense that paying people to stay home is actually causing them to stay home. Won't stop him from saying whatever the Wizard behind the curtain tells him to say but some of his people are trying to hold onto a shred of their own credibility.
I am hopeful that as more states eliminate the Federal extended unemployment benefits more people will return to work. They are set to expire in September so time will tell.......
|
|