Job market stays hot, unemployment rate matches 54-year low

  • 📰 MSNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The last time the unemployment rate was this low, we hadn’t yet landed on the moon. (via MaddowBlog)

I’m mindful of the chatter about whether the economy is in a recession, but by any reasonable measure, these are not recession-like conditions.to put the data in perspective. Over the course of the first three years of Donald Trump’s presidency — when the Republican said the United States’ economy was the greatest in the history of the planet — the economy created roughly 6.35 million jobs, spanning all of 2017, 2018 and 2019.

According to the latest tally, the U.S. economy has created nearly 13.2 million jobs since January 2021 — roughly double the combined total of Trump’s first three years.. I have a hunch GOP officials will keep the trend going today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 469. in AU

Australia Australia Latest News, Australia Australia Headlines