US unemployment rate falls to 50-year low of 3.5%

Google AtinlayXVI
Oct 4 17 Comments

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 US jobless rate falls to 50-year low favicon BBC News
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 TOP 17 Comments
  • American Express gandalf$$
    That’s because Uber counts as being employed
    Oct 4 4
    • Microsoft slumshady
      ☝️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.
      Oct 4
    • Google / Eng rickman
      Is that a bad thing?
      Oct 4
    • Microsoft slumshady
      Absolutley! People need livable wages and not needing to work multiple jobs. @rickman - i dont know if you have kids or plan to, but imagine them almost never seeing the parents together because they are too busy working multiple (low wage) jobs just to maintain basic amenities. One bad day or dismissal away from ending up on street or not being able to afford meals. These people cannot financial plan their way out of poverty.
      Oct 4
    • Google AtinlayXVI
      OP
      Is that even the case too? The article makes zero mention of contractors.
      Oct 4
  • Microsoft / HR stormyD
    It's because more people have at least 2 jobs. Makes up for the ones without any.
    Oct 4 4
  • Lyft SJcow
    Also wages are rising the fastest rate for 30 years for low income earners.
    Oct 4 0
  • Microsoft XxRy31
    Jobs numbers are good. No need for a rate cut then 😂
    Oct 4 0
  • Facebook public2
    This is bad, unemployment is too low. Hiring and retention is a pain and bad for business.
    Oct 4 4
    • Lyft Gutenberg
      Asshole
      Oct 4
    • Facebook public2
      How is poinring out that something is bad for the economy make me an ahole? The US is all about the economy.
      Oct 4
    • Lyft Gutenberg
      You revealed your allegiance to your corporate overloads vs. the people
      Oct 4
    • Facebook public2
      Well I am the corporate "overlord" as the business owner but yes that's the norm. Small business is the bedrock of the country and economic. Everyone cheers and supports it. This is the norm, not the exception.
      Oct 4

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