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Friday, October 05, 2018

Cooler Weather!

Donald Trump has toilet paper on his shoe.
The unemployment rate went down to 3.7 percent.

For the month of September, the U.S. job growth has slowed down and some blame Hurricane Florence as a factor. There were 134,000 jobs added for the month of September. So in a country of 329.4 million Americans, how many of them jobs were spread across the 50 states, five territories, the District of Columbia and companies abroad?

I say no to that one.

We have Sears closing up locations. There are less than 200 Kmart stores and 300 Sears stores. The potential for a bankruptcy is looming. It's dead store walking right now.

Mattress Firm which opened 3,250 stores in the United States is filing for Chapter 7 bankruptcy protection. That means its likely going to shut down over 1,000 stores in order to rebound.

The malls are losing anchor stores. About a 1/4 of America's malls could shutter doors. That means many retail jobs are at risk of closing.

Jeff Bezos, the CEO of Amazon pulls in over $158 billion. He beaten Bill Gates, the founder of Microsoft. That means Amazon is beating up on Microsoft, Walmart, Apple and Coca-Cola.

The USMCA (United States-Mexico-Canada Agreement Pact) is a revision of NAFTA. In 2019, the Congress will take up the issue. The Senate will draft up a treaty for Donald J. Trump to sign into order. The new USMCA could impact jobs here and abroad. Trump's ridiculous America First policies have cause a trade war with China and the European Union.

The cost of living has Americans struggling to make ends meet. With unemployment being low, that means people are either satisfied with their jobs or leaving the workforce for other issues.

The annual wages are low. Many Americans are working hard but ending up with luckluster paychecks.

Even though unemployment is now a historical low, the average hourly pay increased only a measly 2.8 percent.

A separate measure of unemployment that includes discouraged workers and those holding jobs part-time for economic reasons — sometimes called the "real unemployment rate" — edged higher to 7.5 percent.

Unemployment among black Americans declined three-tenths of a point to 6 percent, slightly above its record low of 5.9 percent achieved in May.

Job gains for September were concentrated in professional and business services, which rose by 54,000. Health care saw 26,000 new positions while transportation and warehousing was up 24,000. Construction continued to show gains with 23,000, while new hires in manufacturing increased by 18,000 thanks to a gain in durable goods-related industries.

Leisure and hospitality represented the most significant decline, with 17,000 jobs lost, which the government said could have been attributable to Florence.

The decline in the unemployment rate did not come from a labor force shrinkage, as it has in past. In fact, the civilian labor force increased by 150,000 and the participation rate was unchanged at 62.7 percent.

Real Reason To Why Unemployment Rate Stays The Way It Is! There are 104 million active body people not working in the United States.

1. DEAD

2. BORN

3. IN PRISON

4. IN PRIMARY SCHOOL

5. IN MIDDLE SCHOOL

6. IN HIGH SCHOOL

7. IN COLLEGE NOT LOOKING

8. VOLUNTEER

9. DISABLED 

10. STAY AT HOME PARENT

11. RETIRED

12. QUIT ON THEIR OWN

13. NOT HIRING QUALIFIED

14. NATURAL DISASTERS

15. ACTIVE MILITARY 

16. NOT HIRING TOO QUALIFIED

17. LAID OFF

18. FIRED FROM THE JOB

19. DESTRUCTION TO FACILITY

20. OUTSOURCING

21. IMMIGRANTS TOO AFRAID OF BEING DETAINED BY I.C.E.

22. SHAMED BY SOCIAL MEDIA

So if you actually believe that Trump is doing good, you're wrong. We are going to see the economy tank. The inept leader's rollback of regulations, these tariffs, saying these ridiculous comments and pushing for tax cuts are going to hurt us all in the long term.

This is a crucial month for both Democrats and Republicans.

On November 6, the U.S. Midterm Elections.

Please register to vote. Please vote this November. Your vote matters and if you want the "status quo" to continue, then vote for the Republican Party.

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