NOT MAKING HEADLINES: Current Trump Unemployment Rate Less Than Obama’s Average Rate His Entire First Term

The Trump recovery is the greatest recovery on record.

Job numbers released yesterday through the end of August were massive. There was an increase of more than a million jobs! And the unemployment rate dropped to 8.4%, almost 2 points lower than July’s 10.2%!

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SW-User

Just so everyone can see I'll reply in English.

Of course that means nothing. Most of those jobs were those recovered from temporary layoffs or those coming off furlough schemes.

No wonder that's not being reported as signs of Trump's greatness; it's nothing to do with him at all...

DudeistPriest · M

@SW-User Of course you would have them go right back to having no jobs instead because nothing is better than having something, right? Isn't it better to see the glass as half full? Considering this comes from someone whose country (Ireland) is experiencing 16.7% unemployment rate, about twice as high as in the U.S. at 8.4%, isn't that a bit of a jealous/envious stone thrown from a glass house?

THE UNEMPLOYMENT RATE in Ireland now stands at 16.7% including those in receipt of the Pandemic Unemployment Payment (PUP), latest figures show. (https://www.thejournal.ie/july-unemployment-rate-ireland-cso-5168475-Aug2020/)

The US unemployment rate fell to 8.4 percent in August of 2020 from 10.2 percent in the previous month, below market expectations of 9.8 percent, and marking the 4th straight decline after April's all-time high of 14.7 percent. (https://tradingeconomics.com/united-states/unemployment-rate, https://www.bls.gov/news.release/pdf/empsit.pdf)

At that declining rate, we should be at 3.5% again sometime in November. Just in time for re-election.

SW-User

@DudeistPriest I know.

The point I was making, though, is that the OP is trying to claim that the reason that the unemployment rate fell to 8.4 per cent is because Trump single-handedly created millions of new jobs.

In fact it's just people who had lost their jobs because of Trump's recklessness simply being rehired (and probably on a worse contract; if they have one at all).

DudeistPriest · M

@SW-User If you know then that's indicative that you're being disingenuous. To be sure you're as thick as manure but only half as useful. People should fix their own cuntry's problems before they bitch about others.

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Btw, is Ireland still part of Britain?