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| Unemployment rate is down but there's more to that story. |
Record JOBS DAY!! 223K jobs added. Unemployment is 3.8%, lowest in 50 yrs. Black and Asian unemployment hit historic new lows. Adult men and women, and teenagers, are at lowest since 2000. Hourly earnings are up! Tax CUTS are working. America is WINNING BIG under President Trump!— President Trump (@POTUS) June 1, 2018
Looking forward to seeing the employment numbers at 8:30 this morning.— Donald J. Trump (@realDonaldTrump) June 1, 2018
In a country of 328 million, you factor out what type of jobs are hiring.
Jobs that do not pay as much. Yeah, they lure workers with $12 work pay but it mostly saddles around part time work, no healthcare and crappy work hours.
How's that tax plan working out for you? The American Tax Cut and Jon's act passed late last year hasn't been a much talk about success for Republicans and Donald J. Trump. The American people are paying more for expenses like rent, tuition, food and electric.
The people of the U.S. commonwealth of Puerto Rico have an unemployment rate that is way above that national average due to Hurricane Maria.
Summer going to be more expensive when you are paying for fuel, tires, replacement parts, and gadgets.
Trump imposed tariffs on Canada, Mexico and the European Union when it comes to steel, wool and lumber will spark a trade war. The world leaders aren't pleased with the way Trump is handling things here in the United States.
Clearly retail and the service industry are hurting. Amazon is killing brick and mortar stores. More Americans are not visiting the indoor mall. The stuff at Walmart, Kroger, Dollar General and Marathon is cheap. So it puts the local supermarket, the local gas station, the local pantry out of business.
Why get a hotel room? You can stay at person's home for half of that through an app.
Why get a taxi? You can get a person to pick up through an app.
Why pay for cable or satellite television? You can get an app or view it on DVR.
The fast food industry has streamline service to apps and machines that you see when you walk into the restaurant.
Fresh off another round of closings that Sears Holdings Group promised to 60 stores across the country. There will be closings of national and regional retailers in the United States.
The labor participation rate is 62.7. Meaning that 94.2 million people are not working. Adjusted to nearly 100 million people aren't working.
Okay, here's the reason to why Americans aren't working.
1. DEAD
2. BORN
3. IN PRISON
4. IN PRIMARY SCHOOL
5. IN MIDDLE SCHOOL
6. IN HIGH SCHOOL
7. IN COLLEGE NOT LOOKING
8. VOLUNTEER
9. DISABLED
10. STAY AT HOME PARENT
11. RETIRED
12. QUIT ON THEIR OWN
13. NOT HIRING QUALIFIED
14. NATURAL DISASTERS
15. ACTIVE MILITARY
16. NOT HIRING TOO QUALIFIED
17. LAID OFF
18. FIRED FROM THE JOB
19. DESTRUCTION TO FACILITY
20. OUTSOURCING
So if you actually believe that Trump is doing good, you're wrong. We are going to see the economy tank in three years. The inept leader rollback of regulations, these tariffs, saying these ridiculous comments and pushing for tax cuts are going to hurt us.
They say that unemployment for African Americans is at a record low. They said Black unemployment rate is at 6.5 percent.
Many companies aren't hiring Black workers. Many Black people are being either locked up, shot, or discriminated by America's capitalism.
Most Americans believe Trump is dishonest. That's not good. People are saying that Republicans are overreaching. This could hurt their chances to hold onto Congress.
They want to rehash a legacies of the 20th Century. The era of Ronald Reagan has long passed and the Republican Party is still stuck in that era.
from World News Today https://ift.tt/2J5jaEa
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