>Unemployment down to 3.5%
>B-BUT WE'RE IN A R-RECESSION
Why don't MAGAtards understand facts?
Unemployment down to 3.5%
William Long
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Michael Bennett
Having a job is useless if your money isn't worth anything
Jacob Nguyen
The numbers don't include people who have given up looking.
Eli Rodriguez
labor is a lagging indicator
Owen Allen
Everything is a lagging indicator.
Julian Fisher
This is because Americans are slaves to the DNA and work even if their money is no longer worth anything
Eli Foster
B-But Styxhexenhammer666 said that Beijing Biden blabla
Jack Perez
This
The numbers are fake.
But you knew that already and are just making a pointless thread
Wisdom in all fields
Jace Nguyen
You're framing it in a stupid way but yes obviously the unemployment rate doesn't take into account out of the workforce. This is true in every country.
However, when there's 528k new jobs created that means it's objectively not a recession and that the economy is growing.
Samuel Green
most who have given up looking are poor, rural, relgious, obsolete, meth-addled hick white trash.. let them rot. We don't need them.. we need hungry and motivated immigrants.
Michael Cooper
labor is one of the more lagging indicators
compared to other economic factors
like outlook of businesses
Austin Cox
sys.Any Forums.org/pol/imgboard.php?mode=report&no=389844650
Nicholas Powell
Employ x% of the population, GDP declines, claim that you're not in recession because people are working but not buying things.
Guy... do you understand that a recession or depression is marked by purchasing behavior and time of trend?
You can employ 100% of the population and still be in a recession if no one will buy goods. Wages haven't kept pace with inflation so people are refusing to spend.
Nathaniel Morgan
So everyone that Trump got jobs for finally were able to get back to work after the DNC/CCP pandemic?
Elijah Torres
Not entirely. Such as a person that gets a new job, but quits that week and doesn't look, they're still counted as a new job. Also the job market is God awful right now. Wages are shit, management is trash. I've literally met people that pick a job up just to get quick weed money. It's terrible and the government acts like everything is going wonderful.
Owen Kelly
Kek
Xavier Bennett
"aMErica IS bAcK!"
Thanks pedo Peter!
youtube.com
Ryder Morales
They have there own "alternative" facts. Also called lies
Austin Ward
We are in a recession and 3.5% is where Trump was before the pandemic. Nothing to be proud of with your 30% approval rating lmfao
Christian Morris
You fucking child.
Leo James
Fuck off twatter cocksucker.
Wyatt Miller
Nope lmao
It's called stagflation stagnant economy + high inflation. You should read a book or two before you start talking about the economy.
Asher Martin
>I don't know the definition of recession
Benjamin Barnes
>Such as a person that gets a new job, but quits that week and doesn't look, they're still counted as a new job.
Then it doesn't reduce the unemployment rate lol.
>Wages are shit
For everyone or for minimum wage workers`
For minimum wage workers I would agree, but that's conservatives fault because they don't wanna raise it. For wages in general, no.
Jaxson Garcia
Hey Schlomo, those jobs are from before the pandemic.
>businessinsider
>jobs-report-july-all-lost-jobs-regained-pandemic-recession-recovery-2022-8
can't post full url
The recession has only just begun, so it'll take a couple months before the market starts shrinking again.
Again, wisdom goes in all fields.
Jayden Hernandez
2 quarters straight decline this is how we define recessions get over it chud
Robert Thomas
bu bu buh but it's stagflation with record low unemployment!!! lol
Dominic Kelly
Take the price of inflation off your check, so that's an instant 9.1% reduction off pay. Now tale the highest cost of food that has existed for Modern humans, and take that off your pay check. Increased gas prices. Decreased morale. And your jobs aren't worth shit even if you increase minimum wage. Dealing with people living under these conditions is not payable in a finite monetary value.
Dylan Peterson
You have no idea how recessions operate if you think unemployment goes down during a recession LMAOOOO
A stagflationg would imply unemployment wasn't decreasing hahaha. Maybe you should read a book mate :^)
Cooper Rogers
Take the price of inflation off your check, so that's an instant 9.1% reduction off pay. Now tale the highest cost of food that has existed for Modern humans, and take that off your pay check. Increased gas prices. Decreased morale. And your jobs aren't worth shit even if you increase minimum wage. Dealing with people living under these conditions is not payable in a finite monetary value. It costs your soul for linen and cloth worth piss and shit.
Bentley Bailey
Jobs pay a minimum of $15 an hour cause of other employers due to trash job market. Raising the minimum wage will put small business out of business. It will also cause everything else to raise too.
David Ross
This
James Perez
But nobody said we had a recession before pandemic, that's the point.
If we were in a recession the unemployment would increase rather than decrease you fucking brainlet
Hunter Torres
>I don't know the definition of recession and I'm coping
Chase Stewart
>oh you work at mcwagies for 10 hrs this week? Guess you're employed
Rinse and repeat
Dominic Smith
>"MUH WAGES ARE SHIT"
>"BUT UHH....WE SHOULDNT RAISE THEM"
Great logic you partisan fucking retard lmao
Anthony Mitchell
Because you're a fucking retard
Isaiah Diaz
Biden said there's not a recession.
Sebastian Hill
if you are poor, you are always in a recession, stupid nigger. Heck, having a job makes you poor
Bentley Roberts
>A stagflationg would imply unemployment wasn't decreasing hahaha
No lmfao. Stagflation occurs during hyperinflation and labor shortages, exactly what you have today. Jesus Christ, I even told you to educate yourself and you still had a knee-jerk reaction and lashed out embarrassingly without making basic fact check haha
God, humiliating you is so utterly delicious.
Carter Wilson
I've noticed a lot of american political commentators constantly talk about an upcoming economic crisis. They've done this for well over a decade. Ron Paul, Alex Jones, Robert Kiyosaki, Fox News, Styx, etc. etc. Talking about prepping, homegrowing food, investing in precious metals and such.
It's a very American thing. I have litterally NEVER heard a European talk about this kind of situation. Ever.
I listen to talk radio about the stock market every day and the Danish experts always go. "Yeah, there might be a tiny recession on the way, but it is nothing to worry about, it will be over quickly. Just plan long term and don't waste your money on shit you don't need. Things will get much better soon.". There is never any emergency vibe ever.
Connor Bailey
Cause you'll kill small business and people will lose jobs instead you idiot. Why are you people this stupid? Didn't your shit genders degree you paid 200k for teach you anything?
Thomas Ramirez
>lets define it this way now
>memeflag
this is a shill thread, OP will never be a woman and will die before 38
Eli Bailey
You're obviously trolling. Kill yourself.
Luckily I'm in a recession proof sector of the economy.
Good luck believing this shit when you're unemployed and a big mac is 10 bucks
>you now remember there used to be a dollar menu at every fast food joint
Andrew Fisher
Most of these jobs are just the food service industry reopening. Fast food and shitty restaurants. America fuck yeah
Benjamin Morales
spicy take
Angel Perry
How is the economy growing when GDP is shrinking?
Jason Bennett
>You have no idea how recessions operate if you think unemployment goes down during a recession LMAOOOO
Its a lagging indicator. Layoffs are just beginning
Henry Lopez
>Google definition
A recession is way more complex than that, but you brainlets don't understand this.
Companies are hiring more people. Less people are unemployed. If there was less economic activity, unemployment would increase like it has in literally every recession ever.
Keep coping though
Mason Allen
>In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
en.wikipedia.org
Since you don't know what stagflation means