Payrolls rise for the 3rd consecutive month; Net job creation will start occurring when the change in payrolls is plus 200,000.
Payrolls Rise and Unemployment
Source: WSJ, Labor Department
The unemployment levels peaked in 2002 at 6.5%. While joblessness may be up from the peak levels during the 1999 and 2000 bubble, 6% is considered an historically modest level.
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Quote of the Day
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.”
-John Maynard Keynes
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.