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  1. #1 Unemployment rate falls to 3.6% 
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    By Chris Isidore, CNN Business
    Updated 9:03 AM ET, Fri May 3, 2019


    New York (CNN Business)The US labor market keeps getting stronger.

    Employers added 263,000 jobs in April, another surprisingly strong month of hiring.

    The unemployment rate fell to 3.6%, the lowest level since December 1969.

    Indications of strength of the labor market could be found throughout the report. The average hourly wage was up 3.2% compared to a year ago, well above the 1.9% rise in prices, meaning real gains in the paychecks of average workers.

    A few sectors lost jobs, including the retail sector battered by store closings and automakers, who have been closing plants in the face of declining sales of some models.

    Great news for the US economy, bad news for Democratics!


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  2. #2  
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    Back in 2015 when the reported rate was 5.1%, Trump claimed it was actually as high as 42%.
    https://www.politifact.com/truth-o-m...ay-be-42-perc/
    "The number isn't reflective," he said. "I've seen numbers of 24 percent -- I actually saw a number of 42 percent unemployment. Forty-two percent." He continued, "5.3 percent unemployment -- that is the biggest joke there is in this country. … The unemployment rate is probably 20 percent, but I will tell you, you have some great economists that will tell you it's a 30, 32. And the highest I've heard so far is 42 percent."
    Does Trump have any figure for what he thinks the current unemployment rate really is? :)
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    Quote Originally Posted by Ranb View Post
    Back in 2015 when the reported rate was 5.1%, Trump claimed it was actually as high as 42%.
    https://www.politifact.com/truth-o-m...ay-be-42-perc/

    Does Trump have any figure for what he thinks the current unemployment rate really is? :)
    You should have read farther in that PolitiFact article you linked. It, at least, was somewhat honest about from where the 42% number came. From near the middle of the article:

    We asked the Trump campaign for a source of the 42 percent figure, but they didn’t respond. The Fact Checker, however, traced it back to a column by David Stockman, who served as President Ronald Reagan’s budget director.

    Stockman calculated that there are currently 210 million Americans between the ages of 16 and 68 -- what he calls a "plausible measure of the potential workforce." If you assume that each of those people is able to hold down a full-time job, he wrote, they would offer a total of 420 billion potential working hours. However, during 2014, Stockman noted, only 240 billion working hours were actually recorded by the Bureau of Labor Statistics.

    If you run the numbers, "the real unemployment rate was 42.9 percent," Stockman wrote.
    PolitiFact also quoted Trump more completely, in a way that shows Trump was not claiming the Labor Department's 5.3% number itself should have been 42%:

    "The number isn't reflective," he said. "I've seen numbers of 24 percent -- I actually saw a number of 42 percent unemployment. Forty-two percent." He continued, "5.3 percent unemployment -- that is the biggest joke there is in this country. … The unemployment rate is probably 20 percent, but I will tell you, you have some great economists that will tell you it's a 30, 32. And the highest I've heard so far is 42 percent."
    It's not hard to see that Trump is speaking about labor participation - a different Labor Department number. Unless your interest is crapping on President Trump rather than representing him accurately.
    Facts don't matter to DUpipo.

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    BTW, you really should take anything fro PolitiFact with a good sized block of salt. PolitiFact's "parent" is the Poynter Institute, who recently revealed their political biases rather blatantly:

    Poynter pulls blacklist of 'unreliable' news websites after backlash

    The Poynter Institute has apologized for publishing a list of 515 news websites it deemed "unreliable" after backlash from readers and on social media regarding "weaknesses in the methodology" used by the nonprofit publication.

    The index was compiled from “fake news” databases curated by the Annenberg Public Policy Center at University of Southern California, Merrimack University, PolitiFact, Snopes and data designer Chris Herbert. Publications originally on the list included the Washington Examiner and the Washington Free Beacon.

    "Soon after we published, we received complaints from those on the list and readers who objected to the inclusion of certain sites, and the exclusion of others," Poynter managing editor Barbara Allen wrote in an explanation behind the piece that was pulled off the site on Thursday.

    “We regret that we failed to ensure that the data was rigorous before publication, and apologize for the confusion and agitation caused by its publication,” Allen added. “We pledge to continue to hold ourselves to the highest standards."
    Allen said that Poynter launched the audit to test the veracity of the list and that while it felt that many of the sites "did have a track record of publishing unreliable information," the review also "found weaknesses in the methodology."
    ...
    The language in the original story also called on advertisers to "blacklist" the sites selected for the list.
    "Highest Standards" would have resulted in doing that "audit" before publishing the list ... you know, fact-check before accusing. Not under pressure from those targeted by the list.

    The last sentence of what I quoted from The Hill's article reveals the true purpose of Poynter Institute's list. It was an assault on the organizations it listed.

    Fox was a little more informative:

    Poynter forced to scrap 'unreliable news' list targeting conservative outlets after outcry

    But a number of prominent conservative-leaning outlets were included in the “unreliable” category, including The Washington Examiner, Washington Free Beacon, Daily Caller and other publications that employ scores of journalists covering Congress, elections, the White House and more. The index was created with the help of an employee for the Southern Poverty Law Center.

    The walk-back was gradual. First, the authors reversed the inclusion of The Washington Examiner after further review. But the paper's executive editor, Philip Klein, complained that the group was still urging an advertiser blacklist for those outlets still included -- calling the process behind the list opaque and arbitrary.
    Via Web Archive, the Poynter article and list.

    Looking it over, I noticed:

    ADFLegal.org, which has press releases, but is a legal services org, not a news source as such.

    AmericanThinker.com, a conservative news and opinion blogsite that's been around a long time.

    BreakPoint.org, an Evangelical Christian opinion broadcast/blogsite begun by the late Chuck Colson.

    Breitbart.com, a conservative news and opinion site.

    CharismaNews.com, an Evangelical Christian news and opinion site.

    CNSNews.com, a conservative news and opinion site.

    Conservapedia.com, an encyclopedia with/from a conservative POV.

    DailyCaller.com, a conservative news and opinion site.

    DailySignal.com, a conservative news and opinion site.

    DrudgeReport.com, a news aggregation site that links to a wide range of news sources.

    FreeBeacon.com, a conservative news and opinion site.

    FrontPageMag.com, a conservative opinion site.

    ICR.org, a Creationist news and opinion site (But somehow Answers In Genesis didn't make the list? Ken Ham will be shattered! ).

    JudicialWatch.org, which has press releases, but is a legal services org, not a news source as such.

    LifeNews.com, a news and opinion site from a Pro-Life POV.

    LifeSiteNews.com, a news and opinion site from a Pro-Life POV.

    LiveActionNews.org, a news and opinion site from a Pro-Life POV.

    MRC.org, a conservative news and opinion site that monitors MSM bias.

    NewsMax.com, a conservative news and opinion site.

    Oathkeepers.org, a site with a focus on law enforcement in accordance with the US Constitution, not a news source.

    PJMedia.com, a conservative news and opinion site, a rather excellent site, IMO.

    ProjectVeritas.com, a news site from a conservative POV that records political and pro-abortion groups when they think they can speak frankly.

    RedState.com, a conservative news and opinion site.

    TheBlaze.com, a conservative news and opinion site.

    Twitchy.com, a site that captures and comments on news and entertainment figures' extreme and stupid Tweets

    WeaselZippers.us, a conservative news and opinion blogsite that often includes onsite observation of events (Why WZ made this list but not GatewayPundit, which sometimes gets taken in by fake reports, I do not understand).

    There are Lib/Prog sites on the list - DemocraticUnderground among them, - but what is noteworthy is who are not on the list:

    ADFLegal.org and JudicialWatch.org made the list, but the ACLU and SPLC did not.

    LifeNews.com, LifeSiteNews.com, and LiveActionNews.org made the list, but NARAL and PP did not.

    Breitbart.com, CNSNews.com, DailySignal.com, DrudgeReport.com, FreeBeacon.com, NewsMax.com, and PJMedia.com made the list, but the NYT, WashPost, ABC News, CBS News, CNN, and NBC/MSNBC did not.

    FrontPageMag.com made the list, but Mother Jones Magazine did not.
    Facts don't matter to DUpipo.

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