Post #65822 by AlphaWolf on the US Policy board

Halls of Shrewd'm / US Policy

Unthreaded | Threaded | Whole Thread (2)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 8

Per Reuters:

Americans filed the fewest new jobless claims in a month last week, and while the number of unemployed workers collecting relief payments has eased from recent highs, there is little indication of a break from the weak hiring environment that settled in over the course of President Donald Trump's first year back at the White House.

Though the economy remains resilient, with gross domestic product increasing at its fastest pace in two years in the third quarter, the labor market has almost stalled. Labor demand and supply have been impacted by Trump's dramatic policy shifts since he began his second presidency in January, most notably his steep import tariffs and his aggressive immigration crackdown that has limited worker supply, economists say.

"The drop in initial unemployment claims to 199,000 in the week of Christmas was likely another seasonal-adjustment distortion," John Ryding, chief economic adviser at Brean Capital, said.

Plus, everyone knows that the pathological liar Trump numbers are fake.

https://www.reuters.com/world/us/us-weekly-jobless...

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (2)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.