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Friday, July 07, 2017

Orange Crush!

Jobs report looking good.

The unemployment numbers are out for the month of June. The Department of Labor says that for the month of June there were 222,000 jobs. However the unemployment rate ticked up to 4.4%

It was expected to have 179,000.

Remember conservatives were saying the numbers were fudged. The news of a thriving economy wasn't true.

When then president Barack Obama touted a great economy, Donald J. Trump complained about it. He repeatedly rejected the government's monthly estimates as phony. Now he embraces them.

The labor market roared back in June, with this hefty monthly gain in jobs, and revisions that added 47,000 more jobs to April and May than previously reported. Over the past three months, job gains have averaged around 194,000 a month according to the New York Times.

Does he know that we're at the brink a retail collapse. The retail industry is about to collapse.

Sears/Kmart and many other entities are on the verge of collapse and Trump hasn't acknowledge any possible impact on the nation as a whole.

The broader measure of unemployment includes discouraged workers and those who are working part time but prefer full-time work.

Remember that 95 million people aren't working. It's apparent that many believe that Americans are lazy. Unfortunately, we break it down to actually address the real reasons to why people aren't working.

Trump and Republicans often ignore the reasons whenever Democrats are in power. We haven't.

BIRTH
DEATH
IN PRISON
STAY-AT-HOME PARENT
SERVING IN THE MILITARY
RETIRED
FIRED BY EMPLOYER
QUIT ON THEIR OWN
LAID OFF BY EMPLOYER
DISABLED
SCHOOL AGE (4-15)
FULL TIME COLLEGE STUDENT
NON PAYMENT VOLUNTEER WORK
FEDERAL AGENCIES CUTTING JOBS

Many Americans are giving up on looking for work. That's an ominous sign that we're heading in the wrong direction. Reminder, Trump hasn't signed a major legislative law since.

Hospitality services and the medical field are hiring.

So Trump's G-20 Summit is still ongoing. Hopeful that this inept leader will not start World War III by pushing for military action against North Korea.

Who knows what goes on in the mind of a 71 year old man-child?

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