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| Economy |
| 158,593,000 Employed in November: 24th Record Breaker for Trump |
| 2019-12-06 |
| [CNS] 266,000 added jobs, 3.5% unemployment. That Trump guy is horrible! |
| Posted by:Frank G |
| #12 although most conversions from SS Disability to SS regular are at 65 and older, Final daughter’s father just turned 62, and is very pleased that even at the reduced rate he gets at that age instead of waiting, he gets more income and better health care than he did on disability. |
| Posted by: trailing wife 2019-12-06 23:56 |
| #11 MSM: Trump regime personally ended the staycations of 266000 Americans by forcing them to work, a reversal of 0bama (tingle down my leg) utopia |
| Posted by: Bright Pebbles 2019-12-06 14:38 |
| #10 Trump triumph continues: Stunning jobs report for November as previous two months' job totals revised upward |
| Posted by: Frank G 2019-12-06 13:13 |
| #9 Game over. |
| Posted by: Lex 2019-12-06 13:02 |
| #8 That would be 266,000 people buying things and paying sales taxes they might not have been able to do before. Possibly even paying some income taxes as well. All around, good news. Hat tip to the Orange Man and his able cohorts. |
| Posted by: Besoeker 2019-12-06 12:21 |
| #7 Demoncrats hardest hit |
| Posted by: DarthVader 2019-12-06 12:18 |
| #6 TW, good point although most conversions from SS Disability to SS regular are at 65 and older, in fact for those born in 1960, say, it is at age 67 |
| Posted by: lord garth 2019-12-06 11:48 |
| #5 the total number of people on disability has actually decreased during the Trump admin despite the aging population. They went on disability because they couldn’t find work, in many cases. Now they’ve reached age 62, when they can get Social Security pension instead — more money and no questions makes that very attractive. |
| Posted by: trailing wife 2019-12-06 11:15 |
| #4 one disagreement w report "...The labor force participation rate has never been higher than 67.3 percent, a level achieved in the early months of 2000. The Trump-era high was set last month at 63.3 percent. Economists say retiring baby boomers account for some of the decline since the turn of the century...." A lot of people think the reason for the decline in the labor force participation rate from 2000 is because the Obama regime loosed the disability rules (intentionally to make the Unemployment rate better). Once people start getting disability, it takes a lot for them to leave that money stream behind and go back to work. This makes the current situation more remarkably in that while about 9 million people are on SS disability (and receive an average of over $1k per month), the rate of application has decrease substantially during the Trump admin. It peaked at about 2M during 2010 and is now about 1.5M. In fact, the total number of people on disability has actually decreased during the Trump admin despite the aging population. |
| Posted by: lord garth 2019-12-06 11:00 |
| #3 And according to the MSM, Trump is going to rip food stamps away from 700,000 poor, deserving souls. Looks like they'll only have about three months to find work. |
| Posted by: gorb 2019-12-06 10:18 |
| #2 Impeach the Bureau of Labor Statistics! |
| Posted by: Matt 2019-12-06 09:36 |
| #1 You know, it helps to have someone in the position who actually understands economics first hand (as oppose to, say, Marxist theory). |
| Posted by: Procopius2k 2019-12-06 09:19 |