Unemployment Falls to Lowest Level Since 1969.
Breitbart:
The U.S. economy created 136,000 jobs in September and the unemployment rate fell to 3.5 percent.
Economists had expected the economy to between 120,000 and 179,000 with the consensus number at 145,000, according to Econoday. Unemployment was expected to remain unchanged at last month’s 3.7 percent.
The jobs data for the two previous months were also revised upward, indicating that the labor market was stronger over the summer than previously indicated. Employment for July was revised up by 7,000 from 159,000 to 166,000, and August was revised up by 38,000 from 130,000 to 168,000. With these revisions, employment gains in July and August combined were 45,000 more than previously reported. READ MORE
But the news keeps telling me the economy is bad, the climate is terrible, Trump must be impeached, the world will end in 12, no 10, no 7 years. I need a drink.
We’re always at some point in a continuous boom/bust cycle.
So when it’s in the boom part of the cycle prepare yourself to go through the bust part of it.
Or pay the price for not doing it when it inevitably returns.
As VD Hansen said. “tariffs are sometimes very good”. Good for Americans who work 5 days a week. Not so good for their “betters”! Globalists are not doing well; and are screaming “to high heaven”!
Glad I voted Don! Hope he lives for me to do it again in ’20!
F..king Fox News radio today reported the good economic news, concluding it with: “…but the numbers were not as good as some economists predicted.” WTF?