Trump Administration's Record Employment Figures Work To The Advantage Of The UAW

Trump Administration's Record Employment Figures Work To The Advantage Of The UAW

The tight labor market in the U.S. is leading to a shift in the balance of power between labor and capital, giving more leverage to workers. This manifests itself in a variety of ways.

The U.S. unemployment rate stood at 3.5 percent in September, down a 0.2 of a percentage point from August, which is the lowest rate since December 1969, according to the U.S. Bureau of Labor Statistics.


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TruthyTruthy - 10/22/2019 11:10:48 AM
-3 Boost
If it is the lowest rate since 1969, it is not a record. It was 1.2 percent in 1944 and remained low through most of the 1950s economic boom, which by the way had greater GDP growth.
The unemployment rate was 3.2 percent in 1929, right before the depression hit.
You should quit quoting tRump's "facts."



SanJoseDriverSanJoseDriver - 10/23/2019 12:53:21 AM
-6 Boost
Unemployment is at 1.9% in Silicon Valley right now, despite Trump's best efforts to sabotage the state with HIGHER taxes (limits on mortgage and property tax deductions targeted at states that didn't vote for him).


SanJoseDriverSanJoseDriver - 10/25/2019 12:27:59 AM
-6 Boost
The economy is great in California. We have 10% of the country's population yet 44% of millennial millionaires are here.


MDarringerMDarringer - 10/22/2019 8:34:12 PM
+4 Boost
And being the idiots they are, the UAW will bite the hand that feeds the workers.


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