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Unemployment rate tumbles to 4.6%, lowest since August 2007 [#fakenews]
Yahoo Finance ^ | 12/02/2016 | Sam Ro

Posted on 12/02/2016 7:26:58 AM PST by Olog-hai

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To: Mouton

Nope. Just the opposite. They can now claim that Obama handed Trump an economy already on the upswing. So all the success Trump is going to have they can now say, yeah, but Obama is the one who got it going.

Make no mistake, this is almost all Trump. There is a new and very palpable enthusiasm in this country right now. The fear gripping the market under Obama is vanishing and there is explosive optimism that is beginning to propel this economy.


21 posted on 12/02/2016 7:49:17 AM PST by Obadiah
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To: Olog-hai

Lots of temporary part time jobs around Christmastime. Counted the same as permanent full time jobs.

Wooo Hooo !


22 posted on 12/02/2016 7:53:03 AM PST by Lorianne
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To: Olog-hai

This is all to make Obama look good by claiming Trump inherits a booming economy.

As we have already seen, much of the 4th quarter boom has come as a direct result of the election of Trump, but the media and Obama sycophants will never admit that.


23 posted on 12/02/2016 7:57:36 AM PST by TomGuy
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To: Rockitz

At least to publish another couple (or so) figures that illustrate those who have fallen off of the UI cliff but still are polling as wanting a job but haven’t gotten one yet — the crypto-unemployed.


24 posted on 12/02/2016 7:59:32 AM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: Obadiah

Exactly.

Trump already saved 1000 jobs with Carrier, a feat just months ago Obama said couldn’t be done.

And there are the employees at that Ford plant that was going to move to Mexico.

And the stock market crash that didn’t happen on November 9. Instead, stocks soared to new heights.

Obama’s lackluster 1%-2% financial growth will pale in comparison to just one year of financial growth during the Trump administration.


25 posted on 12/02/2016 8:06:25 AM PST by TomGuy
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To: Olog-hai

Unemployment numbers are closer to 25% than 5%. According to www.shadowstats.com unemployment is close to 23%.


26 posted on 12/02/2016 8:09:23 AM PST by Glad2bnuts (If Republicans are not prepared to carry on the Revolution of 1776, prepare for a communist takeover)
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To: Olog-hai

Lots of temporary part time jobs around Christmastime. Counted the same as permanent full time jobs.

Wooo Hooo !


27 posted on 12/02/2016 8:11:48 AM PST by Lorianne
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To: Olog-hai

Wait until next week when the numbers are “unexpectedly” revised upward.


28 posted on 12/02/2016 8:15:24 AM PST by Lion Den Dan
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To: Olog-hai

so if the participation rate goes down about another percent or so, we have full employment ?


29 posted on 12/02/2016 8:16:36 AM PST by stylin19a (obama = Fredo smart)
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To: Olog-hai

Trump should announce - loudly, that the government is going to return to reporting honest and accurate unemployment numbers. The rate should be revised, the bogusness should be explained and a promise issued to stop exaggerating. This new number is an effort to establish a low number so democrats can claim growth, and to make actual growth under DJT look tame in comparison.


30 posted on 12/02/2016 8:27:54 AM PST by Sgt_Schultze (If a border fence isn't effective, why is there a border fence around the White House?)
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To: Olog-hai
Workers Out of the Workforce Increase to 95.1 million -- Highest Ever
31 posted on 12/02/2016 8:45:20 AM PST by pabianice (LINE)
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To: Olog-hai

When Spring rolls around we’ll start getting some real numbers and it won’t be pretty nor fun. You can’t know where your going until you know where you are and you can’t know where you are until you know where you’ve been.


32 posted on 12/02/2016 8:59:36 AM PST by fella ("As this iiwas before Noah so shall it be again,")
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To: Blennos
In a not-so stunning development, the Bureau of Labor Statistics lies once again about the unemployment data. They are setting Trump up. When his administration reports actual figures — which will invariably be higher than these bogus numbers — the fake media will proclaim that Trump has caused a recession.

That's easy enough to handle. All Trump or his spokesman has to do is pre-empt the media and the Bureau of Labor Statistics by announcing the TRUE figures themselves.

Let the media try to spin THAT.

33 posted on 12/02/2016 10:02:10 AM PST by Calvinist_Dark_Lord ((I have come here to kick @$$ and chew bubblegum...and I'm all outta bubblegum! ~Roddy Piper))
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To: Calvinist_Dark_Lord
That's easy enough to handle. All Trump or his spokesman has to do is pre-empt the media and the Bureau of Labor Statistics by announcing the TRUE figures themselves.

Good idea.

34 posted on 12/02/2016 10:26:41 AM PST by Blennos ( As)
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