Quote: Cincinnatus wrote in post #1

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The Obama economy is truly miraculous. The latest jobs report shows the lowest hiring rate in 5 years and yet the unemployment rate declined. I don't know how he does it.

Zitat

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WASHINGTON (AP) — U.S. hiring slowed to a near-standstill in May, sowing doubts about the economy's health and complicating the Federal Reserve's efforts to raise interest rates.

While unemployment slid from 5 percent to 4.7 percent, the lowest since November 2007, the rate fell for a troubling reason: Nearly a half-million jobless Americans stopped looking for work and so were no longer counted as unemployed.

Employers added just 38,000 jobs in May, the fewest in over five years.

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Oh, wait.

Zitat

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The share of Americans who are working or searching for jobs — a figure known as the labor force participation rate — fell in May to 62.6 percent, near a four-decade low.

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http://bigstory.ap.org/article/960eaf25e...te-drops-47-pct

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Interesting what can be achieved by changing the definition of the labor force. If the BLS defines enough people as not in the labor force we could achieve 0 % unemployment by the end of Zero's reign



And the talking heads wonder why Trump is so popular.