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The U.S. economy added 1.4 million jobs in August as the unemployment rate unexpectedly tumbled, indicating the nation's labor market is continuing a slow, but steady, recovery from the coronavirus pandemic.
The Labor Department's payroll report released Friday showed the jobless rate fell sharply to 8.4%, down from 10.2% in June and a peak of 14.7% in April. It marks the first time since March that unemployment is below 10%.
Except the unemployment rate is way up from what it was under Obama because the moronic spray painted cult leader mismanaged a pandemic.
What is the current unemployment rate? Whatever it is would it be considered good or bad if Obama was president?
Oh, come on, quite pimping for posts!!
*rehire*
He was definitely lucky to inherit a good economy. It's too bad that he is an imbecile.
right, returning jobs, just like Obama had and you gave him credit for and yet he didn't have the economic shutdown to stop the spread
You are so right, I thank Obama every day for giving us Trump!
Bad form to what-about your own OP.
Isn't this good news? (Not much of that lately.)
Fox News article said:Government hiring helped boost the figure -- the lowest in four months -- with the addition of 344,000 employees, which accounted for about one-fourth of the total gains. The increase stemmed largely from the federal government's hiring of 251,000 workers, 238,000 of whom were temporary Census workers.
US employers hire 1.4M in August as unemployment rate falls sharply | Fox Business
Great news as the economy continues to recover from the shutdown
Not good news fort radical liberals
Nitpicking on your title: far more than 1.4 million were hired...the net change in jobs was 1.4 million: hired minus fired - retired - quit.
But my main question is whether you consider this to be a gain in jobs?
right and the pandemic really never happened!! Let's see, shutdown the economy so we have bad economic numbers to blame on Trump!
US employers hire 1.4M in August as unemployment rate falls sharply | Fox Business
Great news as the economy continues to recover from the shutdown
Not good news fort radical liberals
Too bad we have a leader that considers the pandemic a public relations problem instead of a public health problem.
Germany for example has an unemployment rate half the rate of ours and a death rate one fifth the rate because they followed the science. There is no good reason we couldn’t have done the same.
Not good news for radical conservatives.
Sent from my iPad using Tapatalk
Just making sure you were being at least somewhat consistent.Right, gloom and doom is all that matters, NO it isn't a gain in jobs, 6.6 million from January 2017 to February 2020 WAS a gain in jobs, these are mostly returning jobs. Seems that returning jobs is what the left celebrated with Obama
right and the pandemic really never happened!!
Just making sure you were being at least somewhat consistent.
Oh and I do consider them new jobs so no doom and gloom from me
US employers hire 1.4M in August as unemployment rate falls sharply | Fox Business
Great news as the economy continues to recover from the shutdown
Not good news fort radical liberals
Most of those new jobs were federal jobs to handle the census. That means they are temporary positions. From CNBC today....
"Government hiring helped boost the total, with the growth of 344,000 workers accounting for a quarter of the monthly gain. Most of that hiring came from Census workers, whose rolls increased by 328,000."
Jobs report August 2020: Payrolls increase by nearly 1.4 million as the unemployment rate tumbles
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