Quote:
Originally Posted by finnbow
Of course, as always you're full of shit. Somehow, your twisted mind tells you that the economic woes brought on by events that took place before Obama was elected (the market crash in year eight of Dubya) were somehow Obama's fault. We're basically returning to the mean after the cataclysm of Dubya's economic stewardship which was largely corrected by Obama's policies and are now being threatened by the Lying Dotard's trade policy.
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Sorry, you're wrong again. Filling you with shit would likely be an improvement.
The jobless rate ticked down to an 18-year low of 3.5%, indicating that the nine-year stretch of economic expansion has scope to continue. Black unemployment, in fact, fell to a record low. The real unemployment rate, also known as the U6 rate, contracted to 7.6% from 7.8%. The U6 now stands at a level lower than it was during the 2007-2009 recession.
https://www.zacks.com/stock/news/306...ks-5-top-picks
As I also said, and you likely missed because you're full of yourself in your role as contrarian, this can't be called a trend yet due to the lack of data points. However, it is consistent with the impact of a labor market at or near "full employment".
Leave it to you to try to throw shit on what could very well be good news.