US unemployment rate falls to 50-year low of 3.5%
This is somehow happening with a years long trade war. Magic wand indeed. https://www.bbc.com/news/business-49934309
US jobless rate falls to 50-year low
BBC News
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Microsoft stormyD Oct 4, 2019
It's because more people have at least 2 jobs. Makes up for the ones without any.
That's not how employment rates work.
Disney Streaming Services yabu Oct 4, 2019
Some scholars think that's exactly how it works: https://www.realclearpolitics.com/video/2018/07/18/ocasio-cortez_unemployment_is_low_because_everyone_has_two_jobs.html
Microsoft XxRy31 Oct 4, 2019
Jobs numbers are good. No need for a rate cut then 😂
Lyft SJcow Oct 4, 2019
Also wages are rising the fastest rate for 30 years for low income earners.
That’s because Uber counts as being employed
☝️this. Gig economy and low wage workers make up majority of the count and they work atleast two jobs to afford home and food. Dont bother asking if they can afford health care.
Is that a bad thing?