We are in the worst economy of all time, with the HIGHEST UNEMPLOYMENT rates?

Legion Troll

Legion Troll

A fine upstanding poster
treason10 said:
...we are in the worst economy of all time, with the HIGHEST UNEMPLOYMENT rates in history...
Click to expand...

Really?

The bull market celebrates its seventh birthday today. Here's the real accomplishment, though: putting $16 trillion into the pockets of investors.

Investors with the guts to ride this bull market since it first emerged on March 9, 2009 have seen the value of stocks rise $16 trillion, according to market research firm Wilshire Associates. Just to put that into perspective, that's nearly equal to the U.S. gross domestic product of $17 trillion.



http://www.usatoday.com/story/money/markets/2016/03/09/7-year-bull-makes-investors-16t-richer/81515958/


The highest rate for a single month is shared by November and December of 1982 with an unemployment rate of 10.8%. The year with the highest average unemployment rate was 1982 with an average unemployment rate of 9.71%

http://www.davemanuel.com/historical-unemployment-rates-in-the-united-states.php
 
Trump must have told him "we are in the worst economy of all time, with the HIGHEST UNEMPLOYMENT rates in history..."


:rofl2:
 
Wednesday marked the seventh anniversary of the current bull market, a steady climb from the depths of the financial crisis, when the Dow Jones Industrial Average closed at a low of 6,547.

Since then, the Dow -- boosted by extraordinarily accommodative monetary policy by the Federal Reserve, fiscal stimulus from the U.S. government, and the 2009 bailout of General Motors (GM) and Chrysler, among other factors -- has risen roughly 160 percent to reclaim the psychologically important 17,000 level.

The benchmark index's all-time high of 18,351, reached last May, amounted a gain of more than 180 percent.

http://www.cbsnews.com/news/stocks-bull-market-dow-s-p-500-seven-years/
 
The Dude said:
White trash doing economics is so funny
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Trumptards getting fact-checked is funnier.




THE NUMBERS: Weekly unemployment benefit applications fell 18,000 to a seasonally adjusted 259,000. The four-week average, a less volatile measure, dropped 2,500 to 267,500, the lowest reading since the week of Oct. 31. And the number of people actually receiving benefits also declined, falling 4,500 to 2.25 million. That's down 6 percent from a year ago.

THE TAKEAWAY: Applications are a proxy for layoffs, so the figures indicate that employers are cutting fewer jobs. Any reading below 300,000 is historically low. When unemployment claims are this low, it also typically means businesses are hiring at a steady pace.

The data comes after last week's jobs report, which was mostly positive. It showed employers added 242,000 jobs in February and the unemployment rate stayed at an eight-year low of 4.9 percent.




http://www.nytimes.com/aponline/2016/03/10/us/politics/ap-us-unemployment-benefits.html
 
I'm beginning to see a pattern. When Legion starts a thread, 90% of the time the only people who respond are his socks Buckleo and The Dude.

It is basically a circle jerk between them because all I see is an echo chamber. And not a very well designed one.

:troll::troll::troll::troll::troll::troll::mun::troll::troll::troll::troll::troll::troll:
 
Konono said:
I'm beginning to see a pattern. When Legion starts a thread, 90% of the time the only people who respond are his socks Buckleo and The Dude.

It is basically a circle jerk between them because all I see is an echo chamber. And not a very well designed one.

:troll::troll::troll::troll::troll::troll::mun::troll::troll::troll::troll::troll::troll:
Click to expand...

Yoko you joined 4 months ago
You dirty sock
 
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