Unemployment Rate Drops To 3.8

[HankD]

Oh oh. more terror on the LEFT!

Updated at 10:26 a.m. ET

As the country has clawed its way back from the worst recession in generations, companies have been creating plenty of jobs. Employers added another 223,000 positions last month alone, the Labor Department said Friday. And the unemployment rate ticked down to 3.8 percent, the lowest since 2000.

The May increase in payrolls was stronger than economists had expected and topped April's revised 159,000 increase. Notably, the unemployment rate for African-Americans fell sharply to 5.9 percent in May, from 6.6 percent a month earlier.

Unemployment Rate Drops To 3.8 Percent, Lowest Since 2000

 

[carpro]

More winning.

 

[Adonia]

I hear some folks are trying to say that Trump is benefitting from Obama setting this all up.

 

[HankD]

I hear some folks are trying to say that Trump is benefitting from Obama setting this all up.

 

[church mouse guy]

I wonder if these statistics are worth the paper that they are printed on? At any rate, this would be considered full employment. I don't see wages going up on the bottom but that is a mere personal observation. My federal tax cut got taken away by a local increase in property tax, but then Indiana is not a low-tax state, which is one reason for dumping Pence since he never even spoke about drastically lowering Indiana taxes. Trump moved to the left when he reinstated the Ramadan dinner at the White House. I am watching to see if the Muslim Brotherhood sympathizer Grover Norquist shows up at the White House. Trump does not get good political advice on conservative thinking or he ignores it. He must start to control spending instead of just printing money.

The help-wanted signs are all over this area also in restaurants and stores and low-paying warehouses. I don't know it they are hiring more than one or two in those places. I live in a suburban area that caters to city dwellers looking for nice places to shop and dine out. We have almost every franchise restaurant available plus the local places. We have middle-class shopping but not luxury shopping. Traffic is terrible all the time but it always has been.

 

[InTheLight]

I hear some folks are trying to say that Trump is benefitting from Obama setting this all up.

So, let's see... Obama blamed Bush for at least 6 years, now he's taking credit for Trump's accomplishments.

I posted this back in 2012...

 

[InTheLight]

My federal tax cut got taken away by a local increase in property tax, but then Indiana is not a low-tax state, which is one reason for dumping Pence since he never even spoke about drastically lowering Indiana taxes.

Dumping Pence? The man was running for reelection and resigned when he was named Trump's VP candidate.

Pence's Lt. Governor subsequently ran for the Republicans in Indiana for governor and won the 2016 election.

 

[church mouse guy]

Dumping Pence? The man was running for reelection and resigned when he was named Trump's VP candidate.

Pence's Lt. Governor subsequently ran for the Republicans in Indiana for governor and won the 2016 election.

Well, you can like Pence if you want but we have known him for about twenty-five years and are uninspired. Previous Governor Mitch Daniels was more interested in financial matters. Pence had a tough re-election campaign and he was lucky that Trump chose him because it was not clear that Pence would have won re-election. I myself never intended to vote for him again and had intended to abstain in the primary in his race. But I agree with you that it is unlikely that Trump will dump him in 2020. I would not vote for Pence for President as I think that Cruz is a lot smarter than Pence.

For the record, Pence's Lt. Gov. until March 2016 was Sue Ellspermann, who resigned to take a golden parachute to become President of Indiana Ivy Tech Community College (formerly Indiana Vocational Technical). It is unclear why she resigned but there evidently was some disagreement between her and Pence. She was an industrial engineer educated at Purdue. I saw Daniels a lot but I never saw Pence.

 

[InTheLight]

Well, you can like Pence if you want but we have known him for about twenty-five years and are uninspired.

My point is he wasn't "dumped". No one dumped him. He resigned to run for VP.

But I agree with you that it is unlikely that Trump will dump him in 2020.

I never speculated on this one way or the other!

Please pay attention.