The unemployment rate dropped to 3.9%, falling below 4% for the first time since 2000. (CNN Money)
These stupid unemployment statistics have been raising my ire since Trump first started bragging that he’s creating so many jobs & getting so many people back to work. Why hasn’t anybody pointed out that the unemployment rate is based on the total available workforce and the number of claims for unemployment benefits?
_“Persons who are neither employed nor unemployed are not in the labor force. This category includes retired persons, students, those taking care of children or other family members, and others who are neither working nor seeking work.” ~ Bureau of Labor Statistics
Of course the rate is down now. Trump’s immigration storm troopers are arresting & deporting people at an ever-increasing rate. Shoving tens or hundreds of thousands of people out of the country, and out of the available workforce, could drastically reduce the unemployment rate very quickly.
Probably thousands more are afraid of being detained and/or deported so they are not filing for the unemployment benefits they have paid for through previous work.
In fact, I’d bet more people are NOT working for the same reason, hiding from arrest & deportation, and living any way they can.
In addition, many people have simply been out of work for so long that they are no longer eligible for unemployment benefits so - no eligibility, no filing - lower rate created. Others have simply given up - same result.
Statistics are easy to create. And stupid people are easy to fool. That’s why Trump, in his own words, loves uneducated people.