U.S. weekly jobless claims post largest drop in almost two years

[CarlinAnnArbor]

Business has been picking up since 2009, and people have

Yeah, we're grateful for those 29 hour minimum wage jobs Obamacare gave us

 

[S.J.]

Business is picking up because of confidence in the economy under Trump's leadership. Mine is one of them and others I know who have their own businesses are saying the same thing. I just hired 3 people last week. You're probably a welfare recipient so I'm sure all of this is over your head.

Business has been picking up since 2009, and people have been hiring more people since 2009.

Yeah, that's why our economy never exceeded 3% annual growth the whole time Obama was in office, because business was picking up. LMAO

 

[baileyn45]

PRESIDENTS DON'T CREATE JOBS! THE BEST THEY CAN DO IS GET OUT OF THE WAY!!!!!!!!!!!!

 

[DrainBamage]

Yeah, we're grateful for those 29 hour minimum wage jobs Obamacare gave us

You're probably saying this because you heard it somewhere and it sounded like a good talking point, but it doesn't stand up to scrutiny.

BLS data shows that the number of workers who were part time for economic reasons has steadily dropped including the time period where Obamacare mandates took effect, and data on weekly wages also discounts the claim that more jobs became minimum wage. When you just parrot things you heard you sound foolish, so take some time to look into what you're regurgitating.

 

[DrainBamage]

Yeah, that's why our economy never exceeded 3% annual growth the whole time Obama was in office, because business was picking up. LMAO

Yep, slow growth but growth none the less and a consistent downward trend in unemployment numbers. You're clearly one of those people so caught up in the "rah rah my political team is the best" that you selectively ignore facts to create an alternate hyperpartisan reality.

Since the recession of 2009 the economy has expanded, unemployment has gone down, and the stock market has gone up. Hilarious to watch you trying to paint it as something that happened since January when your hero too office.

Interestingly the economy only added 98k jobs in March. There were far higher gains in previous years, how does that jibe with your rosy little personal anecdotes?

https://www.nytimes.com/2017/04/07/business/economy/job-creation-unemployment-trump.html?_r=0
The economy added 98,000 jobs, the Labor Department reported Friday, fewer than half the monthly number for January and February.
But the disappointing number of new jobs was jarring for the administration, and well below what economists had expected. It comes as the stock market surge, which followed the November election, subsides and amid signs that economic growth in the year’s first quarter proves weak.


To be clear, I don't believe March's weak job numbers are Trump's fault, there can be a boost from sentiment after an election but overall it takes far longer than two months for a president to have a real impact (positive or negative) on the economy. However if his loyalists are going to give him credit for part of the employment report, they need to stand up and take all of it including the weak March numbers for jobs added.

 

[EverCurious]

Not to comment upon the linked stats here as I'm not feeling up to digging through the article atm, but Trump was elected early November 2016, I won't speak for the rest of the business world, but in December I immediately started up new business ventures because of my enthusiasm/hope...

 

[Nia88]

Thanks Obama!

 

[Onyx]

The unemployment rate is insanely high under Trump at somewhere around 40%. Worst president ever.

Don't believe those phony numbers! The number is probably 65, 69, as high as 75 percent. In fact, I even heard recently 82%
'

 

[S.J.]

Yeah, that's why our economy never exceeded 3% annual growth the whole time Obama was in office, because business was picking up. LMAO

Yep, slow growth but growth none the less and a consistent downward trend in unemployment numbers. You're clearly one of those people so caught up in the "rah rah my political team is the best" that you selectively ignore facts to create an alternate hyperpartisan reality.

Since the recession of 2009 the economy has expanded, unemployment has gone down, and the stock market has gone up. Hilarious to watch you trying to paint it as something that happened since January when your hero too office.

Interestingly the economy only added 98k jobs in March. There were far higher gains in previous years, how does that jibe with your rosy little personal anecdotes?

https://www.nytimes.com/2017/04/07/business/economy/job-creation-unemployment-trump.html?_r=0
The economy added 98,000 jobs, the Labor Department reported Friday, fewer than half the monthly number for January and February.
But the disappointing number of new jobs was jarring for the administration, and well below what economists had expected. It comes as the stock market surge, which followed the November election, subsides and amid signs that economic growth in the year’s first quarter proves weak.


To be clear, I don't believe March's weak job numbers are Trump's fault, there can be a boost from sentiment after an election but overall it takes far longer than two months for a president to have a real impact (positive or negative) on the economy. However if his loyalists are going to give him credit for part of the employment report, they need to stand up and take all of it including the weak March numbers for jobs added.

If you could remove yourself from the msm talking points long enough to venture out into the real world you would see that you're being fed a line of BS by the liberal media. I live in the REAL world and actually hire people and provide jobs. You have no idea what goes on in the business world, you just eat up what is fed to you by people like Rachel Maddow and spit it back out. You are clueless.

 

[DrainBamage]

If you could remove yourself from the msm talking points long enough to venture out into the real world you would see that you're being fed a line of BS by the liberal media.

Strangely you didn't seem interested in dismissing the "msm talking points" when threadstarter was praising Trump for the lower jobless claims. That is what is so amusing about your blindly loyal partisan retards, your selective acceptance of reality. This SAME media reported the large drop in jobless claims, so now you've confused yourself into thinking they are lying in both directions.

The media is simply repeating what Dept of Labor reported, you are taking moron to a new level by thinking the media is lying when they report what Dept of Labor said. It's like you've been parroting the same thing for so long you spout it even when makes no sense.

I live in the REAL world and actually hire people and provide jobs. You have no idea what goes on in the business world, you just eat up what is fed to you by people like Rachel Maddow and spit it back out. You are clueless.

Well hey if you can't support your position you:
1. Imply your little limited universe of personal anecdotes is more trustworthy (lol)
2. Throw accusations hoping something sticks. Rachel Maddow? Really?

 

[S.J.]

If you could remove yourself from the msm talking points long enough to venture out into the real world you would see that you're being fed a line of BS by the liberal media.

Strangely you didn't seem interested in dismissing the "msm talking points" when threadstarter was praising Trump for the lower jobless claims. That is what is so amusing about your blindly loyal partisan retards, your selective acceptance of reality. This SAME media reported the large drop in jobless claims, so now you've confused yourself into thinking they are lying in both directions.

The media is simply repeating what Dept of Labor reported, you are taking moron to a new level by thinking the media is lying when they report what Dept of Labor said. It's like you've been parroting the same thing for so long you spout it even when makes no sense.

I live in the REAL world and actually hire people and provide jobs. You have no idea what goes on in the business world, you just eat up what is fed to you by people like Rachel Maddow and spit it back out. You are clueless.

Well hey if you can't support your position you:
1. Imply your little limited universe of personal anecdotes is more trustworthy (lol)
2. Throw accusations hoping something sticks. Rachel Maddow? Really?

You claimed the economy has been picking up since 2009. It has not. You're going to great lengths to save face but it isn't working. The reason the economy is doing well now is because we no longer have a socialist as president. Your ramblings reflect your desperation to justify your denial of reality, which is that Trump is a positive force for the economy and Obama was not.

 

[Old Rocks]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

 

[EverCurious]

If you're a businessman, and you're not happy to have a capitalist President, you are an idiot businessman...

 

[S.J.]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

I don't know how honest you are being either, Old Rocks, so I won't comment on your claims of raises, etc. I will comment on your "Republican Depression". The catalyst for it was the collapse of the housing market, thanks to Barney Frank, Franklin Raines, and other Democrats who lied about the stability of the housing market while they were building a house of cards with their sub-prime loan programs. I know you like to blame Republicans for it but facts are facts and Republicans did not create the housing bubble.
Regarding the stock market, investors will invest in whatever companies they feel will do well under the policies of a given administration. It doesn't mean that administration is good for the economy. If that were the case, we would have had better than 3% annual growth under Obama.
And the unemployment numbers cited did not take into account the millions of people who dropped out of the work force because there was no longer any point in looking for a job.
If you want to discuss it any further you'll have to cease with the adolescent remarks like "orange clown". I'm not going to debate a child.

 

[Faun]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

I don't know how honest you are being either, Old Rocks, so I won't comment on your claims of raises, etc. I will comment on your "Republican Depression". The catalyst for it was the collapse of the housing market, thanks to Barney Frank, Franklin Raines, and other Democrats who lied about the stability of the housing market while they were building a house of cards with their sub-prime loan programs. I know you like to blame Republicans for it but facts are facts and Republicans did not create the housing bubble.
Regarding the stock market, investors will invest in whatever companies they feel will do well under the policies of a given administration. It doesn't mean that administration is good for the economy. If that were the case, we would have had better than 3% annual growth under Obama.
And the unemployment numbers cited did not take into account the millions of people who dropped out of the work force because there was no longer any point in looking for a job.
If you want to discuss it any further you'll have to cease with the adolescent remarks like "orange clown". I'm not going to debate a child.

Too funny how you blame a member of the minority party, and not the majority party which controlled Congress for many years.

 

[jknowgood]

Things are finally looking up. What a difference a president makes.

My, but you are a lying bastard.

U.S. weekly jobless claims post largest drop in almost two years

Claims have now been below 300,000, a threshold associated with a healthy labor market, for 109 straight weeks. That is the longest such stretch since 1970, when the labor market was smaller. The labor market is currently near full employment.

109 straight weeks. The orange clown has only been in there for 11 weeks. He was handed a healed economy and a healthy labor market by President Obama.

My, but you are full of shit. Obama has presided over a sluggish economy for 8 years (less than 3% annual growth). Trump takes over and the economy starts flourishing and you think Obama should get the credit. That's funny, that's real funny.

Why not tell us what jobs he has created?

He is making Obama's legacy obsolete, that's why the economy is flourishing. Obama hated the free market. Only had one real job that he quit because he hates it.

 

[S.J.]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

I don't know how honest you are being either, Old Rocks, so I won't comment on your claims of raises, etc. I will comment on your "Republican Depression". The catalyst for it was the collapse of the housing market, thanks to Barney Frank, Franklin Raines, and other Democrats who lied about the stability of the housing market while they were building a house of cards with their sub-prime loan programs. I know you like to blame Republicans for it but facts are facts and Republicans did not create the housing bubble.
Regarding the stock market, investors will invest in whatever companies they feel will do well under the policies of a given administration. It doesn't mean that administration is good for the economy. If that were the case, we would have had better than 3% annual growth under Obama.
And the unemployment numbers cited did not take into account the millions of people who dropped out of the work force because there was no longer any point in looking for a job.
If you want to discuss it any further you'll have to cease with the adolescent remarks like "orange clown". I'm not going to debate a child.

Too funny how you blame a member of the minority party, and not the majority party which controlled Congress for many years.

If you're talking about the housing crisis I suggest you do a little research.

 

[Faun]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

I don't know how honest you are being either, Old Rocks, so I won't comment on your claims of raises, etc. I will comment on your "Republican Depression". The catalyst for it was the collapse of the housing market, thanks to Barney Frank, Franklin Raines, and other Democrats who lied about the stability of the housing market while they were building a house of cards with their sub-prime loan programs. I know you like to blame Republicans for it but facts are facts and Republicans did not create the housing bubble.
Regarding the stock market, investors will invest in whatever companies they feel will do well under the policies of a given administration. It doesn't mean that administration is good for the economy. If that were the case, we would have had better than 3% annual growth under Obama.
And the unemployment numbers cited did not take into account the millions of people who dropped out of the work force because there was no longer any point in looking for a job.
If you want to discuss it any further you'll have to cease with the adolescent remarks like "orange clown". I'm not going to debate a child.

Too funny how you blame a member of the minority party, and not the majority party which controlled Congress for many years.

If you're talking about the housing crisis I suggest you do a little research.

Oh, this has been researched to death. The bottom line is... one member of the minority party in the House does not have the power to do what you're blaming him for. The party running the Congress for 12 years does.

 

[S.J.]

S.J., I really don't know if you are a businessman or not, but I work for a large company, and have had a raise every year since 2010. An 8% raise this year. You see, we are about 6 million men short in craftsmen. Now we saw a crash in 2008 that nearly put us into the Second Great Republican Depression. And we have pulled out of that steadily every year that President Obama was President. Market went from 6500 to nearly 20,000 under President Obama. Unemployment from over 10% to less than 5%. By any measure, the economic situation made a remarkable recovery under President Obama.

Now the orange clown took office with everything going his way. We will see how the economy is by the end of 2019. That will tell how effective a President the clown is.

I don't know how honest you are being either, Old Rocks, so I won't comment on your claims of raises, etc. I will comment on your "Republican Depression". The catalyst for it was the collapse of the housing market, thanks to Barney Frank, Franklin Raines, and other Democrats who lied about the stability of the housing market while they were building a house of cards with their sub-prime loan programs. I know you like to blame Republicans for it but facts are facts and Republicans did not create the housing bubble.
Regarding the stock market, investors will invest in whatever companies they feel will do well under the policies of a given administration. It doesn't mean that administration is good for the economy. If that were the case, we would have had better than 3% annual growth under Obama.
And the unemployment numbers cited did not take into account the millions of people who dropped out of the work force because there was no longer any point in looking for a job.
If you want to discuss it any further you'll have to cease with the adolescent remarks like "orange clown". I'm not going to debate a child.

Too funny how you blame a member of the minority party, and not the majority party which controlled Congress for many years.

If you're talking about the housing crisis I suggest you do a little research.

Oh, this has been researched to death. The bottom line is... one member of the minority party in the House does not have the power to do what you're blaming him for. The party running the Congress for 12 years does.

Not by you, apparently.

 

[tycho1572]

People are starting to see light at the end of the tunnel.

We can thank Trump for this.