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by myrmidon
112 days ago
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Looking at seasonally adjusted somewhat longer term trends, unemployment appears to be rising somehwat continuously for two years now: https://fred.stlouisfed.org/series/UNRATE/ I'd say the article overstates its point somewhat. The numbers (rise in unemployment) don't look to be caused by Trump alone (trend started before), but he most certainly did not improve the situation in his first year (numbers grew worse instead of better). But the absolute numbers (<5%ish unemployment) are not especially concerning for now despite trending in the wrong direction (and all of Trumps policies seem to make things worse so far). |
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