More economic good news: Economy adds 223,000 jobs, unemployment drops to 5.3%

[rightwinger]

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

 

[EdwardBaiamonte]

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

yes, everyone is finally finding jobs flipping burgers. That's why income is down and 45 million are still on food stamps!

 

[rightwinger]

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

yes, everyone is finally finding jobs flipping burgers. That's why income is down and 45 million are still on food stamps!

Do you have any proof of that?

otherwise we can just consider it more shit you make up

 

[EdwardBaiamonte]

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

yes, everyone is finally finding jobs flipping burgers. That's why income is down and 45 million are still on food stamps!

Do you have any proof of that?

otherwise we can just consider it more shit you make up

proof of what exactly????

 

[westwall]

Wow, you are impressed by so little. The US set a new record for lowest Labor Participation rate....AGAIN!


"The more concerning signs are hidden beneath the surface. Some people have been sounding the alarm about labor-participation rates for years now—Republicans tried, mostly unsuccessfully, to make them an issue in the 2012 election. But as several analysts have pointed out, the June rate of 62.6 percent is the lowest since October of 1977. The decline is part of a long-term trend, as this graph shows:"

June 2015 Jobs Numbers Labor Participation Drops to October 1977 Levels - The Atlantic

 

[Vigilante]

US Recession Imminent - World Trade Slumps By Most Since Financial Crisis
Submitted by Tyler Durden on 07/23/2015 - 17:45
As goes the world, so goes America (according to 30 years of historical data), and so when world trade volumes drop over 2% (the biggest drop since 2009) in the last six months to the weakest since June 2014, the "US recession imminent" canary in the coalmine is drawing her last breath...

 

[edthecynic]

Wow, you are impressed by so little. The US set a new record for lowest Labor Participation rate....AGAIN!


"The more concerning signs are hidden beneath the surface. Some people have been sounding the alarm about labor-participation rates for years now—Republicans tried, mostly unsuccessfully, to make them an issue in the 2012 election. But as several analysts have pointed out, the June rate of 62.6 percent is the lowest since October of 1977. The decline is part of a long-term trend, as this graph shows:"

June 2015 Jobs Numbers Labor Participation Drops to October 1977 Levels - The Atlantic

From your link:

"much of the decline comes from Baby Boomers reaching retirement age and checking out"

 

[edthecynic]

"US recession imminent" canary in the coalmine is drawing her last breath...

CON$ervoFascist wishful thinking.

 

[Vigilante]

"US recession imminent" canary in the coalmine is drawing her last breath...

CON$ervoFascist wishful thinking.

EdTheIdiot NEVER fails to entertain!

 

[Faun]

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

More economic good news

The number of Americans filing initial applications for unemployment benefits fell to a 42-year low last week in the latest sign the labor market is poised for further gains.

First-time claims for the week ending July 18 dropped by 26,000 to 255,000, the lowest level since 1973, the Labor Department said Thursday. Economists surveyed by Bloomberg expected a dip of just 3,000.

yes, everyone is finally finding jobs flipping burgers. That's why income is down and 45 million are still on food stamps!

You never have anything intelligent to say, do you? In reality, minimum wage jobs are the lowest they've been since Bush's Great Recession and have been decreasing every year since. Making up just 3.9% of employed folks as of 2014.

http://www.bls.gov/opub/reports/cps/characteristics-of-minimum-wage-workers-2014.pdf

 

[Faun]

Wow, you are impressed by so little. The US set a new record for lowest Labor Participation rate....AGAIN!


"The more concerning signs are hidden beneath the surface. Some people have been sounding the alarm about labor-participation rates for years now—Republicans tried, mostly unsuccessfully, to make them an issue in the 2012 election. But as several analysts have pointed out, the June rate of 62.6 percent is the lowest since October of 1977. The decline is part of a long-term trend, as this graph shows:"

June 2015 Jobs Numbers Labor Participation Drops to October 1977 Levels - The Atlantic

That chart proves we are not at a "new record for lowest Labor Participation rate." What the fuck is wrong with you?

 

[Faun]

"US recession imminent" canary in the coalmine is drawing her last breath...

CON$ervoFascist wishful thinking.

They've been predicting that ever since the last recession ended. Obama has proven them wrong every time.

 

[rightwinger]

Wow, you are impressed by so little. The US set a new record for lowest Labor Participation rate....AGAIN!


"The more concerning signs are hidden beneath the surface. Some people have been sounding the alarm about labor-participation rates for years now—Republicans tried, mostly unsuccessfully, to make them an issue in the 2012 election. But as several analysts have pointed out, the June rate of 62.6 percent is the lowest since October of 1977. The decline is part of a long-term trend, as this graph shows:"

June 2015 Jobs Numbers Labor Participation Drops to October 1977 Levels - The Atlantic

From your link:

"much of the decline comes from Baby Boomers reaching retirement age and checking out"

4 million boomers retiring each year does wonders for your Labor Force Participation Rate. You need to add 333,000 jobs a month just to break even

 

[regent]

Just more economic good news that must be turned into economic bad news but it can be, and must be done.

 

[EdwardBaiamonte]

The decline is part of a long-term labor participation trend, as this graph shows:"

yes part of scary long term liberal trend that we want to correct before our nation is buried and the world has no policeman.

 

[EdwardBaiamonte]

Wow, you are impressed by so little. The US set a new record for lowest Labor Participation rate....AGAIN!


"The more concerning signs are hidden beneath the surface. Some people have been sounding the alarm about labor-participation rates for years now—Republicans tried, mostly unsuccessfully, to make them an issue in the 2012 election. But as several analysts have pointed out, the June rate of 62.6 percent is the lowest since October of 1977. The decline is part of a long-term trend, as this graph shows:"

June 2015 Jobs Numbers Labor Participation Drops to October 1977 Levels - The Atlantic

From your link:

"much of the decline comes from Baby Boomers reaching retirement age and checking out"

4 million boomers retiring each year does wonders for your Labor Force Participation Rate. You need to add 333,000 jobs a month just to break even

Participation is way down among the working age population which is why Yellin is so concerned about this very liberal welfare over work trend.

Make liberals illegal as our founders intended to solve the problem

 

[Stephanie]

Just more economic good news that must be turned into economic bad news but it can be, and must be done.

are you going to cry about it? you can go celebrate 93Million people out of work and then lap this up like it's WE ARE SAVED

 

[EdwardBaiamonte]

Just more economic good news that must be turned into economic bad news but it can be, and must be done.

are you going to cry about it? you can go celebrate 93Million people out of work and then lap this up like it's WE ARE SAVED

it seems to me U6 unemployment at 10.5% tells the real story of Obamanomics. U3 looks good only because everyone found jobs flipping burgers!!

 

[pinqy]

Just more economic good news that must be turned into economic bad news but it can be, and must be done.

are you going to cry about it? you can go celebrate 93Million people out of work and then lap this up like it's WE ARE SAVED

it seems to me U6 unemployment at 10.5% tells the real story of Obamanomics. U3 looks good only because everyone found jobs flipping burgers!!

So, since the U-6 has dropped 6.6 points, and th U-3 has only dropped 4.7 points (10.5-17.1=-6.6 vs 5.3-10=-4.7) then things are improving by more than the official position?

 

[EdwardBaiamonte]

then things are improving by more than the official position?

no idea what the official position is or what conclusions one draws from U6 dropping faster than U3.