Economy loses 33,000 jobs in September biggest drop in seven years

[KissMy]

Real average hourly earnings decrease 0.1% in October
11/15/2017

Real average hourly earnings decreased 0.1 percent in October, seasonally adjusted. Average hourly earnings were unchanged, and CPI-U increased 0.1 percent. Real average weekly earnings decreased 0.1 percent over the month.


CPI for all items increases 0.1% in October as shelter index rises
11/15/2017

In October, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 2.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in October (SA); up 1.8 percent over the year (NSA).

 

[BuckToothMoron]

Almost 7 years of constant job growth & El Cheeto fucks it up in just 7 months.

Is this a political thread or an economy thread? Perhaps the OP would like to explain how and why the economy lost these jobs instead of just blaming the current POTUS. What caused the job loss, or what has the POTUS done to cause this loss? If you can’t give an adult answer, please kindly move this thread to politics or the flame zone.

 

[BuckToothMoron]

The unemployment rate is fake....you can't trust it

95 million people are out of the workforce

What is our President doing about it?

I agree with you that the unemployment rate is at best a dubious figure. Why don’t you share with us what you think should be done about the number of people out of the workforce.

 

[Faun]

The unemployment rate is fake....you can't trust it

95 million people are out of the workforce

What is our President doing about it?

It's at a record high under Trump.

Where's the outrage from the right; who couldn't stop bitching about it for most of Obama's two terms?

 

[edthecynic]

agree with you that the unemployment rate is at best a dubious figure. Why don’t you share with us what you think should be done about the number of people out of the workforce.

I think it should be the economic number DoTard is judged by since HE said it is the REAL economic indicator!

JAN. 11, 2017 press conference

TRUMP: There will be a major border tax on these companies that are leaving and getting away with murder. And if our politicians had what it takes, they would have done this years ago. And you’d have millions more workers right now in the United States that are — 96 million really wanting a job and they can’t get. You know that story. The real number — that’s the real number.

 

[frigidweirdo]

The unemployment rate is fake....you can't trust it

95 million people are out of the workforce

What is our President doing about it?

Yeah, it's fake when it goes against Trump, and it's real when it makes Trump look good. We know.

 

[BuckToothMoron]

agree with you that the unemployment rate is at best a dubious figure. Why don’t you share with us what you think should be done about the number of people out of the workforce.

I think it should be the economic number DoTard is judged by since HE said it is the REAL economic indicator!

JAN. 11, 2017 press conference

TRUMP: There will be a major border tax on these companies that are leaving and getting away with murder. And if our politicians had what it takes, they would have done this years ago. And you’d have millions more workers right now in the United States that are — 96 million really wanting a job and they can’t get. You know that story. The real number — that’s the real number.

So you got nothing, you just want to put on your bitch panties and scream about the orange clown. Mission accomplished, you are officially a mindless bitch.

 

[edthecynic]

agree with you that the unemployment rate is at best a dubious figure. Why don’t you share with us what you think should be done about the number of people out of the workforce.

I think it should be the economic number DoTard is judged by since HE said it is the REAL economic indicator!

JAN. 11, 2017 press conference

TRUMP: There will be a major border tax on these companies that are leaving and getting away with murder. And if our politicians had what it takes, they would have done this years ago. And you’d have millions more workers right now in the United States that are — 96 million really wanting a job and they can’t get. You know that story. The real number — that’s the real number.

So you got nothing, you just want to put on your bitch panties and scream about the orange clown. Mission accomplished, you are officially a mindless bitch.

Thank you for admitting DoTard Trump is a hypocrite.

 

[EdwardBaiamonte]

. Why don’t you share with us what you think should be done about the number of people out of the workforce.

Never understood why many think many are out of workforce. U6 doe not indicate that at all. Pay is not growing much but that's a different matter.

 

[KissMy]

U.S. traffic growth slows as oil prices rise
Fewer people working, lower pay + higher prices!

 

[basquebromance]

Stock markets at all time highs
Lowest jobless claims since 73
6 TRILLION added to economy since Election
1.5M fewer people on food stamps
Consumer confidence through roof
Lowest Unemployment rate in 17 years

 

[KissMy]

October was the first month under Trumptard / Repubtard New Budget. They Totally 100% Own Everything that happened after September 30th, 2017.

What a Total fucking Disaster their economy is now! They lost a Million Jobs, In October, Inflation is Rising, Wages are Falling, Losing out to Socialist Europe at every turn. China, Russia, North Korea & Iran turned Trump into Chump! Oil & Gasoline is the highest in years. Iraq oil production is in decline.

Civilian Labor Force
Sept 2017 161,146,000
Oct 2017 - 160,381,000
Jobs Lost . = - 765,000
US population grew 189,000 last month
= 954,000 jobs lost

 

[Faun]

Stock markets at all time highs
Lowest jobless claims since 73
6 TRILLION added to economy since Election
1.5M fewer people on food stamps
Consumer confidence through roof
Lowest Unemployment rate in 17 years

All trends which began under Obama. I credit Trump with not screwing it up yet.

 

[edthecynic]

Stock markets at all time highs
Lowest jobless claims since 73
6 TRILLION added to economy since Election
1.5M fewer people on food stamps
Consumer confidence through roof
Lowest Unemployment rate in 17 years

Thank you Obama for creating an economy so strong that DoTard Trump has been unable to destroy it....so far.

 

[ScienceRocks]

Job growth, February through October: 2011: +1.7m 2012: +1.4m 2013: +1.8m 2014: +2.2m 2015: +2.0m 2016: +1.8m 2017: +1.5m 2017 is the lowest since 2012 and is lower than 6 of last 7 years. https://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth …

 

[TroglocratsRdumb]

The dumb Left Wingers always steal credit and shift blame on the economy

 

[edthecynic]

The dumb Left Wingers always steal credit and shift blame on the economy

Pure projection.

 

[ScienceRocks]

The dumb Left Wingers always steal credit and shift blame on the economy

The above data is fact. Trump has the least jobs growth since 2012 and most of the momentum was created by Obama. No one is stealing shit but trump!

 

[KissMy]

Employed since Trump GOP Budget & Tax Cuts
Sept=154,345,000
Oct =153,861,000
Nov =153,918,000

Losing Jobs the Repubtard way! Wages are not rising, but prices are soaring. Enjoy the inflating asset bubble that will implode only to wipe out another 16 million jobs.

 

[KissMy]

Rising markets only raises inflation & asset prices. It sinks workers boats. Wallstreet want's more government subsidies, inflation & all workers to be unpaid interns.

Real average hourly earnings decrease 0.2% in November
Real average hourly earnings decreased 0.2 percent in November, seasonally adjusted. Average hourly earnings increased 0.2 percent, and CPI-U increased 0.4 percent. Real average weekly earnings increased 0.1 percent over the month.

CPI rises 0.4 percent as gas prices increase
In November, the Consumer Price Index for All Urban Consumers increased 0.4 percent seasonally adjusted; rising 2.2 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.1 percent in November (SA); up 1.7 percent over the year (NSA).