Obama and Hillary’s America – Another DISMAL Jobs Report as U.S. Workforce Continues Shrinking
Today’s jobs report is another dismal reminder that our economy is on life support.
Liberals like to tout the fake “awesome unemployment numbers.”
They’re so dumb that they don’t understand that the U.S. workforce is at a 40-year low.
Liberals have a very difficult time understanding facts or comprehending the depth of issues.
They take propaganda numbers and run with it, like unmedicated mental patients.
The bottom line is this: If our economy was SO GOOD it would not be the #1 election issue for Americans across party lines.
Period.
If you like this economy and where we’re heading vote Hillary because she is Obama’s THIRD TERM.
If you want change, want to bring jobs back, and stop the GLOBAL DEATH SPIRAL vote Trump.
From USA Today:
Payroll growth was disappointing for a second straight month in September as employers added 156,000 jobs, raising questions about the health of an economy that was expected to perk up from a prolonged slump in the second half of the year.
The unemployment rate rose to 5% from 4.9%, the Labor Department said Friday, as a rise in employment was more than offset by a sharp increase in the labor force, or the number of Americans working and looking for jobs.
Economists surveyed by Bloomberg had forecast 172,000 payroll gains.
Businesses added 167,000 jobs, led by professional and business services and health care. Federal, state and local governments cut 11,000.
Job gains for July and August were revised down by 7,000.
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What is more, most jobs are not full time jobs. This is what is called “under-employment equilibrium” which is the same as “secular stagnation” (the GDP is at 1.1%). If we used Gallup’s metric of real unemployment it would be 9.6%. This is based upon what Gallup defines as a “good job”. It is working 30 or more hours per week for an employer that provides a regular paycheck. No economist knows the exact cause of this problem but I suspect it isn’t helped by destroying America’s industrial sector which actually creates wealth and jobs. We have lost over 50,000 industries in the U.S.