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High_Plains_Drifter
11-03-2018, 11:35 AM
U.S. Unemployment Rate Falls to Lowest Level Since 1969

WASHINGTON—Unemployment in September hit the lowest level since the Vietnam War, with little indication it is going to shoot back up in the near term.

The jobless rate fell to 3.7%, the lowest since December 1969, the Labor Department said Friday. Employers added 134,000 jobs to payrolls, a record 96th straight month of gains. Wages rose 2.8% from a year earlier, a solid if still unspectacular rise.

“This is the best job market in a generation or more,” said Andrew Chamberlain, chief economist at recruiting site Glassdoor.

Unemployment rates below 4% are extremely rare in 70 years of modern record-keeping. The two longest sustained periods came during the Korean and Vietnam Wars, when the combination of strong growth and the enlistment of young men from the civilian labor force helped to largely wring unemployment out of the economy.

https://www.wsj.com/articles/u-s-unemployment-rate-falls-to-lowest-level-since-1969-1538742766


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But hold your horse now... the little lop eared America hating kenyan muslim dog turd thinks it's because of HIM... can ANYONE be a BIGGER NIPPLE HEAD? You have to SUSPEND ANY memory you have of how SHITTY the economy and job situation was and absolutely LIE to yourself to believe his BULL SHIT. What a GIGANTIC LYING DUMBASS RAT PRICK. It took everything I had to listen to this twat too, because just the sight of him makes me wanna PUKE...

https://twitter.com/jojoh888/status/1058726334778822656