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Home🌌Off TopicsOff Topics News & Politics › Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market...more winning
10-20-2017 05:06 AM  25 months ago
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dilberteinstein

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Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market...more winning
Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Thursday.

The latest period also encompasses the reporting week that the Labor Department surveys for its October employment figures. Claims are at the lowest level in more than four decades, indicating employers have little desire to cut staffing levels amid a shortage of qualified workers.

https://www.bloomberg.com/news/arti...-u-s-job-market

That's the lowest in 44 years folks. Companies now want to expand in the USA
90% of life is "showing up"
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10-20-2017 05:14 AM  25 months ago
Gearhead

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who you going to thank Jim
Buzz Buzz Buzz
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10-20-2017 05:43 AM  25 months ago
Life_Nerd

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What's That? The sound of the liberal's heads exploding? Music to my ears. . It appears they have packed up and left this forum. They should at least come back long enough to thank the Trump voters.
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10-20-2017 12:17 PM  25 months ago
rcmiket

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Anyone notice the Dows over 23 a 12% increase this year and the Nasdaq almost 20% increase? I'm not a stock guy but that's pretty impressive. Guess we can thank Obama for that.
Now if we could just get the entitlement crowd off their ass working ..........................

Mike
"When Inverted down is up and up is expensive"
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10-20-2017 12:49 PM  25 months ago
EEngineer

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Don't forget the S&P 500...

I thank Trump.....before he even took the oath of office, the market started booming...
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10-20-2017 01:13 PM  25 months ago
870heli

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Ya, it's Trump but don't tell the media. They don't want it to get out.
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10-20-2017 01:53 PM  25 months ago
EEngineer

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TX

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If, by some miracle, Trump can get the feckless Congress to reduce corporate income tax to 15% or 20%.....there will be a huge boom to our economy.

Corporations will then invest in the USA rather than go "off shore".

In addition, only the dolts fail to realize that the corporate income taxes are simply passed right on down directly to the consumer.
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10-20-2017 01:55 PM  25 months ago
RM3

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The market started to rise not cause Trump was running.... but because Obama was leaving and everyone that had any brain power knew that Hillary couldn't win.

with hillary as Sec of St and Obama as prez, Loretta and Comey, the country hit rock bottom.... with the 2016 election we stopped digging... Trump is simply the middle finger we hired.

We really wont see the true effects of his policies until he is into his second term (this happened to Obama as well)... if the left doesnt figure out how to kill him off first.

Trump may be a business man from a world that moves fast... but congress is nothing but a slow entitled extremely fat kid, and getting it to move in any fashion other than stuffing tax money down its throat to continue to pack on the debt is gonna take an act of god.
showing a preference will only get you into trouble, 90% of everything is crap...
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10-20-2017 02:17 PM  25 months ago
EEngineer

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gonna take an act of god.
Reminds me of Samuel Jackson's line in "Pulp Fiction".....
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10-20-2017 02:44 PM  25 months ago
rcmiket

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The market started to rise not cause Trump was running
Huh?

Mike
"When Inverted down is up and up is expensive"
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10-20-2017 02:50 PM  25 months ago
RM3

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Huh?
(for office in 2016) aka Obama was leaving... the market simply reacted positively to that fact. I recall saying Trump may actually loose the election due to his mouth, but he pulled it off by winning key states, even if he lost the nomination... any other Repub candidate would have won against Hitlary. Keep in mind nothing Trump has done thus far has effected the Tax code yet... They are simply hopeful Trump will succeed... never declare a winner until they actually reach the finish line (actually change tax code).
showing a preference will only get you into trouble, 90% of everything is crap...
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10-20-2017 03:06 PM  25 months ago
rcmiket

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I don't buy it his election has spurred confidence in the economy all the way around from what I've seen. Guess we'll need to agree to disagree on this one.

Mike
"When Inverted down is up and up is expensive"
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10-20-2017 04:47 PM  25 months ago
RM3

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I don't buy it his election has spurred confidence in the economy all the way around from what I've seen.
Im not disagreeing with you... I think the same as a matter of fact. Trump has done nothing in terms of Tax code or government regulation yet... its all hopes and wishes thus far.

keep in mind also that alot of AI systems employed by large investment houses/firms use algorithms that scan social media, internet, sales reports etc to base forecasts in the market... these may very well be moving the market as a result is my guess and businesses are responding to that in some form or fashion as well by hiring more people or investing in this country.

if policy does not change as hoped for, companies will pull the plug overnight. we've seen it before many times.
showing a preference will only get you into trouble, 90% of everything is crap...
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10-20-2017 04:49 PM  25 months ago
spaceman spiff

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I had a quick peek at CNN. The headline was accidentally hilariously fitting. Instead of it being " unemployment at a 40 year low" , "Trump always takes the low road".

All the rest of the front page was completely void of any actuall news, and completely negative. (ahem, CNN taking the low road )
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10-20-2017 04:52 PM  25 months ago
RM3

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I had a quick peek at CNN
good god man... are you still ok? no brain damage? brain washing?
showing a preference will only get you into trouble, 90% of everything is crap...
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10-20-2017 05:18 PM  25 months ago
spaceman spiff

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good god man... are you still ok? no brain damage? brain washing?
I don't know, I have a TERRIBLE cognitive dissonance headache now.

I have this burning desire to see news, but other than here I haven't been able to find any.
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10-20-2017 11:02 PM  25 months ago
rcmiket

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I had a quick peek at CNN.
You have my sympathy but with all due respect it was self inflected.

Mike
"When Inverted down is up and up is expensive"
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10-20-2017 11:08 PM  25 months ago
spaceman spiff

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True, self inflicted. I only have a quick look once a week or so.

A couple years ago it was lame and half truths.
Those were the good old days.
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10-20-2017 11:44 PM  25 months ago
Life_Nerd

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CNN is full on at war with Trump. The reverse can be said as well. I would be extremely shocked if they give Trump credit for anything positive.
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10-21-2017 12:59 PM  25 months ago
rcmiket

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El Paso,Texas

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CNN is full on at war with Trump.
It's all of the lame stream media. They all spin, pick and choose ,twist and distort, ignore all the facts than serve it up for the brainless.

Mike
"When Inverted down is up and up is expensive"
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