Jobless Rate Hits Lowest 4-Week Average in 50 Years

Every American should be asking Democrats to explain their claims that the tax cuts only benefit corporations and the wealthy 1%.

If the Democrats’ claims were true, then how do they explain some of the lowest unemployment rates in the past 50 years?

Voters need to ask Democrats why under Barack Obama, there were millions of Americans looking for jobs that weren’t there, but now, employers are looking for workers because there are so many jobs too be had.

If every Republican running for office just point this out to voters and then remind voters that Democrats want to take it all away, the midterm elections would be a red tidal wave.

Trending: They Were Weeping Their Abortions, Not Shouting Them

The New American – In covering the latest report on initial jobless claims, showing not only a decline for the week ending October 13 but the lowest four-week average in 50 years, MarketWatch’s Jeffry Bartash said, “It just can’t get a whole lot better in the U.S. job market. Openings just hit a record high, the U.S. unemployment rate has fallen to a 49-year low of 3.7 percent, and hiring remains robust. The demand for labor is so strong it’s pushing up the cost of worker compensation — wages and benefits — and giving an economic growth cycle that’s now more than nine years old the staying power to become the longest expansion ever.”

Initial unemployment claims were 210,000 for the week, down 5,000 from the previous week, meeting forecasters’ estimates.

The only people hurting are staffing agencies which can’t find enough qualified people to fill positions being sought by employers. Said ManpowerGroup finance chief Jack McGinnis, “It is clear that the demand is good … but it is more difficult to find that talent.”

Part of the problem is that so many companies are needing workers that they have set up full-time departments to find them on their own, competing with agencies such as ManpowerGroup…

The problem I’ve seen so far this year is that most Republicans are too busy running mudslinging campaigns, trying to tear down their Democratic opponents.

If they dropped all of the crap commercials and just stick to the facts of the economy and current unemployment level, along with the fact that not only are more Americans (including black, Hispanic and female) are working, the midterms would be a cinch.

Republicans should also point out that Democrats want to destroy American sovereignty by sucking up to the United Nations and wanting to open the border and take in every refugee and migrant who wants to come.

They should ask the American people if they are willing to see their taxes more than double to pay for the Democrats’ free Medicare for all and free college tuition.

READ MORE HERE

 

The opinions expressed by columnists are their own and do not necessarily represent the views of Barb Wire.

David Jolly
R.L. David Jolly holds a B.S. in Wildlife Biology and an M.S. in Biology – Population Genetics. He has worked in a number of fields, giving him a broad perspective on life, business, economics and politics. He is a very conservative Christian, husband, father and grandfather who cares deeply for his Savior, family and the future of our troubled nation.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.