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Trump's inherited 'mess' hard to find in economic data 

By: zzstar in FFFT3 | Recommend this post (3)
Fri, 17 Feb 17 2:27 AM | 30 view(s)
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"When it comes to the U.S economy, though, that "mess" isn't borne out by most measures.

The stock market is at all-time highs. Though growth in the gross domestic product is slow by historical standards, the economy is in the tenth year of one of the longest sustained expansions in history.

And the U.S. job market, which is creating jobs faster than employers can fill them, appears to be stronger than it's been in nearly a decade.

The supporting evidence goes far beyond the nonfarm unemployment rate that draws the most attention every month.

The latest report from the Bureau of Labor Statistics — the decades-old survey that Trump took issue with during the campaign — showed that the U.S. economy added an estimated 227,000 new jobs last month, while the unemployment rate ticked up to 4.8 percent.

So, why the gloom and doom about jobs within the Trump administration and among tens of millions of his supporters?

While those job market indicators show strength overall, they mask a much longer-term shift that has sharply divided the fortunes of American workers.

Simply put, the U.S. doesn't have a jobs shortage, it has a skills shortage.

For a variety of reasons, workers with less than some college training have been losing ground to their better-educated peers for decades."

https://uk.finance.yahoo.com/news/trumps-inherited-mess-hard-economic-203900884.html

And the foxbusiness coverage SWALLOING WHOLE, AND FOR THE SHERPLE TOO:

http://www.foxbusiness.com/politics/2017/02/16/trump-says-is-fixing-inherited-mess.html

What a difference real reporting makes from garbage......




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