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April Jobs Report: 211,000 Jobs Added, Unemployment At 4.4 Percent (npr.org)
An anonymous reader shares an NPR report: The U.S. economy added 211,000 jobs to nonfarm payrolls in April, the Bureau of Labor Statistics says. Both the unemployment rate, at 4.4 percent, and the number of unemployed persons, at 7.1 million, saw only incremental changes in April. The new data follow disappointing results from March, when the Labor Department initially said less than 100,000 jobs were created. In April, some of the biggest job gains came in leisure and hospitality, health care and social assistance, financial activities, and mining, the agency says.
U3 numbers are complete bullshit. Everybody who is paying even the slightest attention knows they are complete bullshit. They are so full of bullshit that they're not even useful for comparative / trending purposes. They have literally only two forms of utility: political propaganda, and targets of mockery. It doesn't matter if it's a Democratic administration or a Republican administration. Even U6 is extremely sketchy: surveys multiplied by guesswork.
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is Obama got the blame for post-Bush recession (which to be fair was caused by deregulation started by Clinton) and now Trump gets the credit for Obama's work fixing things.
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The we don't give a shit about unemployed miners attitude isn't really working out as a political strategy. What's the upside to piling on the already downtrodden coal miners? Where's the humanity in it?
A coal miner might have skills that would translate to the oil business, or to working on big infrastructure projects like dams or roads, or mineral mining. But the same people who want them to lose their coal mining jobs also want to make sure there's no opportunity for them in these other industries.
The most common remedy the left seems to offer them is for them to hurry up and die. I wonder why they listen to someone like Trump instead?
Pretty sure you're joking here, but since commenters are already taking you seriously I will just add that you can't put any job figures, good or bad, down to this administration yet. They have currently achieved nothing, no legislation, no budget, nothiiing. Any changes now are leftover from whatever was already happening.
But remember, if this was Obama, the answer would be exactly the opposite ... yes, yes and no.
You see, Obama would NEVER do such a thing ... ever.
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