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Thread: US Economy continues to slump

  1. #196
    Join Date
    Jan 2011
    Location
    Wash DC
    Posts
    8,075

    Default Re: US Economy continues to slump

    In honor of America's 242nd birthday...............



    Consider:

    • "The U.S. had more job openings this spring than unemployed Americans." (Wall Street Journal)
    • We travel freely: Every day, 2.5 million of us board 42,000 flights.
    • 25% of us do volunteer service.
    • The U.S. government spends close to $50 billion (1% of total federal budget authority) helping the world, plus billions more from U.S.-based philanthropies.
    • Americans are part of just 39% of the world population judged by Freedom House to be "free."
    • "Violent crime in the U.S. has fallen sharply over the past quarter century." (Pew Research Center)
    • "Crime in New York City Plunges to a Level Not Seen Since the 1950s." (N.Y. Times)
    • "Powered by a booming stock market and a strong economy," charitable giving in the U.S. last year "exceeded $400 billion in a single year for the first time." (Giving USA)
    As a general rule the most successful man in life is the man who has the best information.

  2. #197
    Join Date
    Jan 2011
    Location
    Wash DC
    Posts
    8,075

    Default Re: US Economy continues to slump

    More people entering the labor force (school/college graduates) pushed the unemployment rate up from 3.8 to 4.0%



    Economy adds 213K jobs in June, unemployment ticks up to 4 percent
    The U.S. economy added a solid 213,000 jobs in June, a stronger number than expected and a sign of the labor market's steady strength even as concerns grow about the potentially negative effects of President Trump's trade policy.

    The unemployment rate ticked up slightly to 4 percent from 3.8 percent, the Labor Department reported on Friday.
    Read the full story here
    As a general rule the most successful man in life is the man who has the best information.

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