Sunday, September 08, 2019 10:46:57 PM
NOT the greatest increase in jobs, by a long shot. Support your pulled it out your ass claim with a link, or retract it.
I'll save you the trouble. the numbers have been revised down since this article:
Trump Is Falling Almost 1 Million Jobs Short Vs. Obama
Chuck Jones
https://www.forbes.com/sites/chuckjones/2019/07/05/trump-is-falling-almost-1-million-jobs-short-vs-obama/#16dbef218caa
Over 29 months Obama added almost 1 million more jobs than Trump
Job growth is slowing down
To help smooth out any one months result it is worthwhile to look at 3, 6 and 12-month trailing numbers. You can see the slowdown in the number of jobs being added when you look at these averages.
•12 month per month average of 192,000 equals 2.3 million per year (and the second month in a row it has been under 200,000 per month)
•6 month per month average of 172,000 equals 2.07 million per year
•3 month per month average of 171,000 equals 2.05 million per year
The underlying economy is weaker than perceived when you look at March quarter’s GDP numbers and railroad traffic taking a significant downward move over the past month.
If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months.
It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.
Assuming even one more year of economic growth is a foolish assumption. Really think the tariffs aren't cutting into GDP?
Your posts are worthless.
I'll save you the trouble. the numbers have been revised down since this article:
Trump Is Falling Almost 1 Million Jobs Short Vs. Obama
Chuck Jones
https://www.forbes.com/sites/chuckjones/2019/07/05/trump-is-falling-almost-1-million-jobs-short-vs-obama/#16dbef218caa
Over 29 months Obama added almost 1 million more jobs than Trump
Job growth is slowing down
To help smooth out any one months result it is worthwhile to look at 3, 6 and 12-month trailing numbers. You can see the slowdown in the number of jobs being added when you look at these averages.
•12 month per month average of 192,000 equals 2.3 million per year (and the second month in a row it has been under 200,000 per month)
•6 month per month average of 172,000 equals 2.07 million per year
•3 month per month average of 171,000 equals 2.05 million per year
The underlying economy is weaker than perceived when you look at March quarter’s GDP numbers and railroad traffic taking a significant downward move over the past month.
If the economy continues on this path it could enter a recession when few are forecasting one with one reliable indicator foreshadowing a downturn in the next 6 to 18 months.
It could become a self-fulfilling prophecy as almost 70% of CFO’s are predicting a recession by the end of 2020.
Assuming even one more year of economic growth is a foolish assumption. Really think the tariffs aren't cutting into GDP?
Your posts are worthless.
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