U.S. economy adds 263,000 jobs, unemployment rate falls to 3.6%

I remember Forbes published an article a year or two ago where it says that long term employees are losing out.
To get good bumps one must switch jobs every couple of years.

 

It's a great negotiating tool, even if you want to stay at your existing employer. It allows you to let your current employer that your market value is higher than they are paying your. They can opt to give you a bump and move onto the next adventure.

 

QUOTE: Yes Clinton came into office of a STRONG recovery and revenue growth, growth which he slowed with his policies

Revenue growth he slowed with his policies???????

If so, where's the slowdown in revenue growth rate due to Clinton's policies?

FY1991 REVENUES; $1.05 trillion, Oct 1990 - Sep 1991

$1.05 trillion + 3.9% =

FY1992 REVENUES; $1.09 trillion Oct 1991 - Sep 1992

$1.09 trillion + 5.5% =

FY1993 REVENUES; $1.15 trillion Oct 1992 - Sep 1993

Jan 20th, 1993......Clinton's Inauguration

$1.15 trillion + 9.6% =

FY1994 REVENUES; $1.26 trillion Oct 1993 - Sep 1994

Jan 3rd, 1995.........GOP CONGRESS

$1.26 trillion +7.2% =

FY1995 REVENUES; $1.35 trillion Oct 1994 - Sep 1995

https://www.thebalance.com/current-u-s-federal-government-tax-revenue-3305762

CONCLUSION: You're full of ****!

 

In my case, the competition took me out to a nice steak dinner.

In addition, one has to relocate/move to high growth regions.....since 1983, I worked and lived in 7 countries, and GDP Growth rates were well above 6%.

In fact, I missed two recessions; In early 2000, I was working in Peru, and then Libya in 2008/09.

 

This, so much this! Find me one conservative on this thread talking about the “real” rate lol

 

Biden just beat the last dudes record low.

Thank God we elected Biden to make our Country even greater!

 

With a lower LFPR and 6 times the inflation number and net incomes that can't keep up with inflation.

 

Funny how you didn't mention or even give a hell about the LFPR when your hero trump was in office. LOL

 

What makes you say I didn't?

I gave a lot a praise about it since it was growing.

 

No you didn't. You along with every other Trump loving red gave Trump sole credit for the UE rate his 4 years. Yet you give the current POTUS no credit for beating trumps numbers. LOL

 

You asked if I gave something about Trump's LFPR which Indie I loved it since it was improving after the disasterous Obama/Bidnen/Dem fall.

 

Nope. You are a typical red that only gives credit to other reds. When Dems do well, you find every excuse in the book why it's not good news.

 

No I am the typical which gives credit where credit is due not for partisan reasons. I said the number of new jobs is good, that is NOT the only factor of the economy is it?

 

Didn't really have to, as the discrepancy between the Participation Rate and the Unemployment Rate weren't really out of wack. When participation rate is high, and unemployment is low, both stats are basically synonymous.

When participation rate is low and unemployment is low, that indicates either people gave up looking for a job, have run out of benefits, or are being survived by other means.

Your attempt to equate these statistics doesn't change them.