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DemocratSinceBirth

(99,710 posts)
Fri Sep 1, 2017, 09:15 AM Sep 2017

Dismal Trump Jobs Report. Unemployment Inches Up. Job Growth Wanes. Wage Growth Is Flaccid *







The U.S. economy created 156,000 jobs in August while the unemployment rate edged higher to 4.4 percent, according to a closely watched government report Friday.

Economists surveyed by Reuters had been expecting payrolls to grow by 180,000 in August and the unemployment rate to hold steady at 4.3 percent. A broader measure that includes discouraged workers and those holding part-time jobs for economic reasons also was unchanged at 8.6 percent.

...

Wage growth also was weak for the month, with average hourly earnings up 0.1 percent for an annualized rate of 2.5 percent. The average work week declined by 0.1 hour to 34.4 hours.


https://www.cnbc.com/2017/09/01/nonfarm-payrolls-august-2017.html



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Dismal Trump Jobs Report. Unemployment Inches Up. Job Growth Wanes. Wage Growth Is Flaccid * (Original Post) DemocratSinceBirth Sep 2017 OP
Wage growth is flaccid... Raster Sep 2017 #1
LOL, I see what you did there njhoneybadger Sep 2017 #2
I think he has been stretching it all along. safeinOhio Sep 2017 #3
That word always makes the 13 year old boy inside me laugh tymorial Sep 2017 #4
How can the labor market be tight as a drum at 4.4% unemployment doc03 Sep 2017 #5
Just the beginning...as consumer confidence falls. nt El Mimbreno Sep 2017 #6
... Maven Sep 2017 #7
Let's see him try to tweet this away. calimary Sep 2017 #8
No winning here! imanamerican63 Sep 2017 #9
Well, seems to me like I remember him bragging about "unleashing" the economy. Grammy23 Sep 2017 #10

doc03

(35,325 posts)
5. How can the labor market be tight as a drum at 4.4% unemployment
Fri Sep 1, 2017, 09:41 AM
Sep 2017

when in November 2016 the unemployment rate was 4.6% and the same people called it a bad economy?

calimary

(81,220 posts)
8. Let's see him try to tweet this away.
Fri Sep 1, 2017, 12:51 PM
Sep 2017

He's got a repertoire of them! All under the heading of "hey look OVER THERE!!! What about ... (fill in the blank here: Hillary, the Dems, some GOPer he doesn't like, etc)."

Grammy23

(5,810 posts)
10. Well, seems to me like I remember him bragging about "unleashing" the economy.
Fri Sep 1, 2017, 01:07 PM
Sep 2017

He will have to look around and find someone to blame. Obama, Congress, anybody but him. He forgot the Buck Stops Here. But it won't stop him from ranting and raving and throwing up a smoke screen around himself in order to place blame somewhere, anywhere but on him.

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