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Unemployment

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 10 Mar 17 10:01 PM | 75 view(s)
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Just like Obama inherited Bush's unemployment momentum, Trump inherits Obama's. Chart shows no discernible Trump change. https://www.bls.gov/news.release/pdf/empsit.pdf

It'll take 6 months for his policies to have much of an impact.

I wonder how long it will take for Trump to adopt the unemployment figures he previously rejected. csl also. ;)

Oh wait. Trump already did so: "GREAT AGAIN: +235,000,"

"The Pinocchio Test

Trump’s bravado on these jobs announcements is becoming a bad joke. He claims credit when little or no credit is due to his policies. Moreover, he is counting these jobs as jobs in the bank, when corporate plans frequently change according to market or economic forces.

Trump has promised to create 10 million jobs over the next four years, and that ultimately is what he will be judged on. (We are tracking this promise and more on the Trump Promise Tracker.) All the job announcements in the world will mean little if actual hiring does not turn up in the monthly reports from the Bureau of Labor Statistics. In the meantime, he earns Four Pinocchios for his repeated, inaccurate claims of credit.

Four Pinocchios"

https://www.washingtonpost.com/news/fact-checker/wp/2017/03/10/trump-keeps-claiming-hes-created-u-s-jobs-since-election-day-not-so/?tid=hybrid_collaborative_1_na

Trump owns the stock market rise though - from his election onwards.


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