The Political Fray - Political Forum
Go Back   Political Fray > The Political Fray > Current Events

Current Events Latest news, current events, and headlines from around the world


Thanks Tree1Thanks
  • 1 Post By arcturus88
Reply
 
LinkBack Thread Tools Display Modes
Old August 4th, 2017, 04:50 AM   #1
President
 
Aufgeblassen's Avatar
 
Joined: Jul 2013
From: Central FL
Posts: 11,029

Economy Booming; Latest Jobs & Wages Report

Sure is a LOT better than under the dismal Obama days!

Plus, Stock Market at record high, huge surge expected today!

The U.S. economy added 209,000 net new jobs in July, beating expectations for 183,000 jobs. The unemployment rate ticked down slightly to 4.3% from 4.4%, while the labor force participation rate edged up to 62.9% from 62.8% during the month. Average hourly earnings meanwhile increased by 9 cents.

US economy adds more jobs in July than expected | Fox Business
Aufgeblassen is offline  
Old August 5th, 2017, 05:05 PM   #2
Governor
 
arcturus88's Avatar
 
Joined: Oct 2012
From: NC
Posts: 2,192

Unemployment lower than its been in 16 years.

...scary times were living in...I hope we're not past the point of no return.
Thanks from Aufgeblassen
arcturus88 is offline  
Old August 6th, 2017, 02:07 AM   #3
Analyst
 
Fitz's Avatar
 
Joined: Aug 2017
From: UK
Posts: 66

Quote:
Originally Posted by arcturus88 View Post
...scary times were living in...I hope we're not past the point of no return.
Debt mounting again... stocks overheating... correction on the horizon?
Fitz is offline  
Old August 6th, 2017, 04:19 AM   #4
President
 
Aufgeblassen's Avatar
 
Joined: Jul 2013
From: Central FL
Posts: 11,029

Quote:
Originally Posted by Fitz View Post
Debt mounting again... stocks overheating... correction on the horizon?
Or long term growth & stability is in the offing.

Last edited by Aufgeblassen; August 6th, 2017 at 04:32 AM.
Aufgeblassen is offline  
Old August 6th, 2017, 04:38 AM   #5
Secretary of State
 
tecoyah's Avatar
 
Joined: Oct 2012
From: Louisville, Ky
Posts: 4,676

Quote:
Originally Posted by Fitz View Post
Debt mounting again... stocks overheating... correction on the horizon?
A correction is the natural cycle and is indeed going to occur. The extent of this will be the important aspect and is in the direct control of the fed and congressional directives. As our current President has yet to enact anything that might impact our economy other than bluster the current trend is simply a continuation of the previous administrations policy actions and wall street confidence.
If we continue to ignore the actual pieces that will direct the future of our economy, the correction may end up like the last one. The current direction of removing the protections put in place after the collapse last time will guarantee this upcoming "Correction" is dramatic and painful. It would seem any lessons learned have been very quickly forgotten and business as usual has become the short term normal...this one could be very bad.
tecoyah is offline  
Old August 6th, 2017, 05:57 AM   #6
President
 
Aufgeblassen's Avatar
 
Joined: Jul 2013
From: Central FL
Posts: 11,029

Quote:
Originally Posted by tecoyah View Post
A correction is the natural cycle and is indeed going to occur. The extent of this will be the important aspect and is in the direct control of the fed and congressional directives. As our current President has yet to enact anything that might impact our economy other than bluster the current trend is simply a continuation of the previous administrations policy actions and wall street confidence.
If we continue to ignore the actual pieces that will direct the future of our economy, the correction may end up like the last one. The current direction of removing the protections put in place after the collapse last time will guarantee this upcoming "Correction" is dramatic and painful. It would seem any lessons learned have been very quickly forgotten and business as usual has become the short term normal...this one could be very bad.
The recent new job creation is.....

Aufgeblassen is offline  
Reply

  Political Fray > The Political Fray > Current Events

Tags
booming , economy , jobs , latest , report , wages



Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Jobs report myp Current Events 22 April 6th, 2015 04:42 AM
Final Jobs Report tecoyah Government and Politics 1 November 2nd, 2012 05:12 AM
Poor May jobs report myp Current Events 2 June 4th, 2012 12:44 PM
700,000 jobs lost in next report? myp Economics 19 November 13th, 2011 07:57 AM


Facebook Twitter RSS Feed



Copyright © 2009-2013 Political Fray. All rights reserved.