The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE


Subject:  Re: Jack Welch - That Strange Jobs Report Date:  10/10/2012  2:29 PM
Author:  CCinOC Number:  648119 of 876054

Unfortunately, Jack Walsh has not yet EXPLAINED in clear and concise terms, why the jobs report is implausible.

He could have done everyone a favor if he had explained--as quoted above--just WHY the jobs report is implausible.

An opportunity lost.

In August, the labor-force participation rate in the U.S. dropped to 63.5%, the lowest since September 1981. By definition, fewer people in the workforce leads to better unemployment numbers. That's why the unemployment rate dropped to 8.1% in August from 8.3% in July.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us