Angels of Truth
  • Home
  • God's Love For You
    • Yes, We Can Prove The Existence Of God
    • Creation By Chance Is Absurd
    • Yes, God Loves You
    • Yes, God Forgives You
    • God Protects You
  • Topics
    • History >
      • America's Christian Founding
      • The KKK Is Democrat
    • Self-Help >
      • Everybody Worships Something
      • Evolution or Creation?
      • Science Versus Faith
  • About
  • Contact
  • Store
    • Self Help Resources

Booming Economy: Unemployment Rate Stands At 50-Year-Low

10/8/2018

0 Comments

 
Picture

If this title seems familiar to you, I would not be very surprised. A month ago, almost to the date, I wrote an article about unemployment claims standing at a 50-year-low. However, those numbers are a tad different from these numbers.
 
In that previous article, I covered a story by The Hill, where they said: “Initial claims for state unemployment benefits fell to a seasonally adjusted 203,000 for the week… the lowest since December 1969… the four-week moving average… was 209,500… the lowest level for this average since Dec. 6, 1969 when it was 204,500.”
 
But the unemployment rate is a different story. A month ago, it stood at 3.9%. In the latest jobs report by the Bureau of Labor Statistics, “the unemployment rate declined to 3.7 percent in September, and total nonfarm payroll employment increased by 134,000…”
 
According to the BLS: “the number of unemployed persons decreased by 270,000 to 6.0 million. Over the year, the unemployment rate and the number of unemployed persons declined by 0.5 percentage points and 795,000, respectively.”
 
The report also mentions that adult women’s unemployment rate stands at 3.3%, as well as White unemployment. “The jobless rates for adult men (3.4 percent), teenagers (12.8 percent), Blacks (6.0 percent), Asians (3.5 percent), and Hispanics (4.5 percent) showed little to no change over the month.”
 
The last time I saw the black unemployment rate, it stood around 5.9%, so a little bit of an increase, unfortunately, but nothing severe. Hispanic unemployment rate is sitting at the same record low that it was last month.
 
Now, we should also mention the fact that we only added 134,000 jobs last month, which is lower than usual and lower than was even expected.
 
According to the BLS: “Total nonfarm payroll employment rose by 134,000 in September, compared with an average gain of 201,000 over the prior 12 months.”
 
However, they explain that Hurricane Florence hitting some of the East coast states likely impacted the jobs report to some extent. I do not know the full details of how much damage the hurricane caused and how many jobs were negatively affected by the hurricane in this report, but it stands to reason that the hurricane would do at least some damage.
 
Regardless of this, the overall news is pretty fantastic. Sitting at a 50-year-low unemployment rate is pretty significant and a huge achievement for this administration. It really should not be understated how big an achievement this is.
 
The last time we had an unemployment rate this low:
  • Man had just landed on the moon.
 
  • Richard Nixon was POTUS.
 
  • A gallon of gas cost 32 cents
 
  • A new house cost $40,000  
 
  • A new car cost $2,000
 
  • The Dow Jones was at roughly 800 points
 
  • The average annual income per person was $6,500.
 
  • James Earl Ray plead guilty to killing MLK Jr.
 
  • The book “The Godfather” was published
 
  • The Jackson 5 released “I Want You Back”.
 
  • And Ted Kennedy drowned a woman in Chappaquiddick
 
 
So knowing all of this, this just tells you how impressive of an achievement this is.
 
We have record-low unemployment rates across the board and we are truly Making America Great Again.

 
When the Democrats say they “have to stop Trump”, is this what they mean? They want to stop the economy booming? They want to set us back in trade policy with other nations? They want to set us back in foreign policy altogether? They want to allow ISIS, or Muslim extremists in general, to rebuild their strength and once again pose a threat to Western Civilization?
 

I know these are all rhetorical questions, but the answer honestly is yes. That’s precisely what they want to do. They hate the fact that the economy is doing so well under Trump. They hate the fact that he’s successfully destroyed NAFTA and negotiated a new, better deal with Mexico and Canada. They hate the fact that his “bullying” tactics have worked with North Korea so far, and even try to say that such tactics won’t work on Iran. They hate the fact that terrorism is now largely a threat to nations that have elected socialist governments to represent them, such as Great Britain, France, etc., while largely leaving the U.S. alone.
 
We never had numbers even close to this with Obama. Sure, they tried to say the numbers were low, but largely because a lot of people simply stopped looking for work in the first place. These numbers are real, as reflected by the fact that wages are going up and thousands of businesses have given their employees some extra cash in their pockets, with Walmart having increased their minimum wage to $15 without being pushed to doing this and risking layoffs.
 
The economy is truly booming, which is why the MSM doesn’t cover it unless the Dow Jones goes down by a lot in a single day (and when it goes back up by a lot the next, they go back to not covering the economy very much).
 

And no Democrat, especially Obama, is to thank for this. It’s not their tax cuts that are helping – it’s the GOP’s. They adamantly voted against those tax cuts, if you’ll remember.
 
Here’s hoping that there is a Red Wave this November, Congress gets flooded with more and more Republicans and we can continue seeing these great numbers all the way to 2020, when Trump goes against Cory “not so Smarticus” Booker, Kamala “illegals are more important than you” Harris, Elizabeth “Fauxcahontas” Warren or Hillary “how am I still not in jail, Jeff?” Clinton.
 
James 1:17
“Every good gift and every perfect gift is from above, coming down from the Father of lights with whom there is no variation or shadow due to change.”
 
And please make sure to check out our free weekly newsletter. As the name suggests, it is an entirely free newsletter that is released every single week. You get a compilation of the week’s articles delivered straight to your inbox for easy viewing. And the best part is that it comes free of cost 100%. So make sure to subscribe today!
0 Comments



Leave a Reply.

    Authors

    We bring you the TRUTH that the Left denies you. You'll live a more joyful and victorious life, because the Truth will set you free...

    Subscribe to our FREE Newsletter

    Archives

    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016

    Categories

    All
    2016 Election
    2018 Midterm Elections
    2020 Election
    2022 Midterm Elections
    7 Deadly Sins
    Abortion
    Activist Judge
    Afghanistan
    African Americans
    Alabama Special Election
    Al Gore
    America
    American Flag
    American Illegitimization
    American Left
    American People
    Angela Merkel
    An Inconvenient Flop
    Antifa
    Atheists
    Bacon
    Banana Peel
    Barack Obama
    Barcelona Terror Attack
    Barron-trump
    Benghazi
    Bernie-sanders
    Biden
    Bill-clinton
    Border-wall
    Bullies
    California
    Capitalism
    Carrier
    Celebrities
    Charlie-rose
    Charlottesville
    Charlottesville-riot
    Children
    China
    Christ
    Christianity
    Christianity In America
    Christian Persecution
    Christian-revival
    Christmas
    Chuck-schumer
    Cia
    Civil-rights
    Climate Change
    Clinton-emails
    Clinton-e-mails
    Clintons
    Closer-to-god
    Cnn
    Cnn-stunned
    College
    College-students
    Comey
    Communism
    Congress
    Conservatism
    Conservatives
    Corruption
    Crookedbarry
    Daca
    Deceit
    Deception
    Declaration-of-independence
    Deep-state
    Democrat-loss
    Democrat Party
    Democrats
    Desperate-democrats
    Devil
    Diversity
    Division
    Doj
    Donald Trump
    Donald-trump
    Donaldtrumpjr
    Draining-the-swamp
    Economy
    Education
    Environment
    Espn
    Eu
    Europe
    Evil
    Evilrepublicans
    Evil Republicans
    Facebook
    Faith
    Fake News
    Fake-news
    Fantasyfootballauction
    Fbi
    Feminism
    Feminists
    Florida-high-school-shooting
    Freedom
    Freewill
    French-election
    Frenchfirstlady
    G20summit2017
    G7-summit-2017
    Generation-z
    Genesis
    Georgia-special-election
    Globalism
    God
    Good
    Good-vs-evil
    GOP
    Gop-spending-bill
    Greed
    Green-new-deal
    Greg-gianforte
    Gun Control
    Gun-control
    Gun Rights
    Gun-rights
    Hamas
    Harveythehurricanehawk
    Harveyweinstein
    Harveyweinsteincase
    Hate
    Hatred
    Hillary
    Hillary-clinton
    Hillary-emails
    Hispanics
    History
    Hollywood
    Hong-kong
    Hurricaneharvey
    Hurricaneirma
    Illegal Immigration
    Illegal-immigration
    Immigration
    Indoctrination
    Internet
    Iran
    Isis
    Islam
    Israel
    James-comey
    James-comey-testimony
    Jeff-flake
    Jimmy-carter
    Job-creation
    Job-creation
    Joe Biden
    Kate-steinle-murder-trial
    Kathy-griffin
    Kim-jong-un
    Kkk
    Las-vegas-shooting
    Left
    Leftist Bullies
    Leftist Hatred
    Leftist Hypocrisy
    Leftist-hypocrites
    Leftist Ignorance
    Leftists
    Liberal-hatred
    Liberalism
    Liberal-media
    Liberals
    London-terror-attack
    Loretta-lynch
    Mainstream-media
    Manchester-terror-attack
    Man-is-evil
    Mans-role
    Massive-bomb
    Media
    Men
    Mental-illness
    Mike Pence
    Millennials
    Montana-special-election
    MSM
    Msnbc
    Mueller Special Counsel
    Mueller-special-counsel
    Murder
    Muslim-community
    Nafta
    Nancy Pelosi
    Nationalism
    National-security
    Nazi
    Nazis
    Net-neutrality
    North-korea
    Nra
    Nunes-memo
    Nyc-terror-attack
    Obama
    Obamacare
    Omnibus-bill
    Oprah-winfrey
    Original-sin
    Osama Bin Laden
    Paris-climate-agreement
    Paul-manafort
    Pessimism
    Pope-francis
    Pre-marital-sex
    Premarital-sex
    Putin
    Quran
    Racism
    Rapture
    Reagan
    Refugees
    Religion
    Religious Freedom
    Republican-health-care-bill
    Respect-for-america
    Resurrection
    Rush Limbaugh
    Russia
    Russian Collusion
    Russian-hack
    Russian-lawyer
    Sarah-huckabee-sanders
    Satan
    Satisfaction
    Saudi-arabia
    Science
    Second Amendment
    Self-esteem
    Self-esteem
    Selfhelp
    Self-help
    Separation-of-state-and-church
    Separation-of-state-and-church
    Sharia-law
    Sin
    Socialism
    Social Media
    Social-media
    Social Media Censorship
    Social-media-censorship
    Soviet-union
    Stanford-prison-experiment
    State-of-the-union
    Supreme Court
    Syrian-strike
    Tax-reform
    Tech-executives
    Teen-pregnancy
    Terrorism
    Texas-church-shooting
    Thanksgiving
    The-bible-on-immigration
    The-bible-on-immigration
    The-left
    Theology
    The Swamp
    The-wall
    Traitors
    Transgenders
    Travel Ban
    Trump
    Trump Abroad
    Trump At U.N.
    Trump Executive Order
    Trump Immigration Plan
    Trump Impeachment
    Trump Wrestling Meme
    Truth
    U.N.
    United Nations
    United States
    U.S. Military
    Virginia Election
    Virginia Shooting
    War
    Washington Establishment
    White Guilt
    White Privilege
    Witches
    Woman's Role
    Women

    RSS Feed

Home
About
Contact
(c) Copyright Angels Organization LLC. All Rights Reserved
  • Home
  • God's Love For You
    • Yes, We Can Prove The Existence Of God
    • Creation By Chance Is Absurd
    • Yes, God Loves You
    • Yes, God Forgives You
    • God Protects You
  • Topics
    • History >
      • America's Christian Founding
      • The KKK Is Democrat
    • Self-Help >
      • Everybody Worships Something
      • Evolution or Creation?
      • Science Versus Faith
  • About
  • Contact
  • Store
    • Self Help Resources