Nov. unemployment rate of 4.6% lowest since Aug. 2007, but a rounded 4.9% if participation rate hadn't ticked down. But emp-pop ratio steady
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Replying to @JimPethokoukis
@DavidMDrucker ask urself, does it really FEEL like 95.4% of the Labor Force is working? If exclude Govt, GDP is contracting1 reply 0 retweets 0 likes -
Replying to @commoncents1234 @JimPethokoukis
How people feel matters a great deal in politics. But feelings don't invalidate facts and statistics.
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Replying to @DavidMDrucker @JimPethokoukis
Agreed, My point is:the unemplymnt rate is a completely useless stat at this juncture. Garbage In Garbage Out
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Replying to @commoncents1234 @JimPethokoukis
Wrong way to look at it. Nothing wrong with the stats. But stats alone don't mean everything's fine.
6:02 AM - 2 Dec 2016
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