Post #9822 by commonone on the US Policy board

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More dreadful news for president Biden in a Goldilocks jobs report as unemployment falls to 3.7% and the economy adds another 199,000 jobs. So, lessee...

--199,000 jobs added (above expectations)

--3.7% unemployment (near its fifty-year low)

--Unemployment rate down and participation up

--Hours up

--Inflation down

--Strong (but not too hot) wage growth

--4.7 million more jobs than pre-pandemic

--Below 4% unemployment for 22 months straight, the longest stretch below 4% since the late 1960s

--Wages growing faster than inflation

--Women (ages 25 to 54) at an all-time high for labor force participation

-- Gasoline is under $3/gallon in 20 states

If this is the republicans' idea of a disastrous economy, all I can say is please give us more.

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