@ScottAdamsSays Jobs surge in April, unemployment rate falls to the lowest since 1969
The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000.
The unemployment rate fell to 3.6% vs. 3.8% expected.
https://cnb.cx/2H0dg3o
-
-
Replying to @Viatcheslavsos3 @ScottAdamsSays
The unemployment rate is dropping because the Labor Participation rate is also declining. https://www.cbo.gov/publication/53452 … Aging Boomers is the primary reason.https://piie.com/blogs/realtime-economic-issues-watch/aging-population-explains-most-not-all-decline-us-labor-force …
6 replies 0 retweets 0 likes -
Replying to @bryanwheelock @Viatcheslavsos3
Hard to know how many people are reentering the workforce because they now have a chance of employment.
3 replies 2 retweets 41 likes -
This Tweet is unavailable.
-
Replying to @JDelGracio @ScottAdamsSays and
They are “fake” without growing GDP and job growth. This is the exact point of the CBO article cited in this tweet. Trump was 100% correct in the context of a recession
1 reply 1 retweet 1 like -
This Tweet is unavailable.
-
This Tweet is unavailable.
I believe the trick in play her is that Obama had higher spikes but lower annual average.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.