Is unemployment going up? Thought the Fed chairman said the reason for the .5 drop was stable employment numbers. Ya, that’s what he said, I watched his presser. Heard what he said. Please link to unemployment going up. ,!!!! Real people, with real facts. Not interwebz BS.
His quote
“We don’t think we’re behind,” he replied. “We think this is timely. But I think you can take this as a sign of our commitment not to get behind. We’re not seeing rising (unemployment) claims, not seeing rising layoffs, not hearing from companies that that’s something that’s going to happen.”
And a link
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers.www.clickorlando.com
That’s half of our problem, people spreading false BS.
Man, if you make a mistake, man up and admit it. Let’s do better and win the next one.
The unemployment rate was 3.7% beginning of the year. 4.2% right now. Your confidence is incredible. Your facts, not so much.
