July '16 Labor Statistics

Discussion in 'General Trading Discussion' started by baudwalk, Aug 6, 2016.

  1. baudwalk

    baudwalk Senior Investor

    May 2015
    Likes Received:
    The lame brain press cheered the unemployment rate of 4.9% and the creation of 255,000 jobs. No one calls out the government for the hypocrisy that these numbers represent. The labor participation rate remains at a ridiculous low.
    From the BLS: http://www.bls.gov/news.release/empsit.nr0.htm

    And don't get me started on the nominal 1% GDP growth of this current transformational progressive administration. Nuts.

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