Bad news for Harris, unemployment rises

[susanlea]

The unemployment rate in the United States rose to 4.3% in July of 2024 from 4.1% in the previous month, the highest since October of 2021

 

https://tradingeconomics.com/united-states/unemployment-rate

[susanlea]

Obviously Biden is sleeping while Harris is busy dancing and giggling. Great people not.

[susanlea]

Thanks for the emoji. Sums up your priorities. Left wingers don't care about real Americans. 

[TedG]

  On 8/3/2024 at 12:28 AM, susanlea said:

Thanks for the emoji. Sums up your priorities. Left wingers don't care about real Americans. 

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The left wing is a cult in the USA. 

[sirineou]

Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021.

Hope you can deed a chart 

https://www.investing.com/economic-calendar/unemployment-rate-300?utm_source=google&utm_medium=cpc&utm_campaign=19277875882&utm_content=641713888460&utm_term=dsa-1546555491774_&GL_Ad_ID=641713888460&GL_Campaign_ID=19277875882&ISP=1&ppu=9801673&gad_source=1&gclid=CjwKCAjwqre1BhAqEiwA7g9QhpUyH419GlaxymyxGWiM8x1VYnY49nk3n-vLgdx85mqwzg1DvyaAKxoCoh8QAvD_BwE

 

[brewsterbudgen]

Worrying signs, but I still think she'll do it.  Most Americans understand the risks of Trump winning again.  I suspect his campaign may self-destruct 🤞

[Galong]

  On 8/3/2024 at 12:57 PM, TedG said:

The left wing is a cult in the USA. 

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Oh my goodness, the creativity in this post is off the charts. This should be the topic of your next TED Talk. 

[susanlea]

  On 8/3/2024 at 1:18 PM, brewsterbudgen said:

Worrying signs, but I still think she'll do it.  Most Americans understand the risks of Trump winning again.  I suspect his campaign may self-destruct 🤞

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Americans love Trump. Cheaper prices, stable borders.

[still kicking]

  On 8/3/2024 at 12:12 AM, susanlea said:

The unemployment rate in the United States rose to 4.3% in July of 2024 from 4.1% in the previous month, the highest since October of 2021

 

https://tradingeconomics.com/united-states/unemployment-rate

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Biden must be President of Australia as well our unemployment has risen as well

[susanlea]

  On 8/3/2024 at 1:25 PM, still kicking said:

Biden must be President of Australia as well our unemployment has risen as well

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Another idiot called Albo.

[sirineou]

  On 8/3/2024 at 1:22 PM, susanlea said:

Americans love Trump. Cheaper prices, stable borders.

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Not to mention he is a stable genius

[susanlea]

  On 8/3/2024 at 1:32 PM, sirineou said:

Not to mention he is a stable genius

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Jealous. Hope I never get that way.

[TedG]

  On 8/3/2024 at 1:21 PM, Galong said:

Oh my goodness, the creativity in this post is off the charts. This should be the topic of your next TED Talk. 

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This is your chance to bring something creative to the table.   Please, no leftie cult talking points. 

[GammaGlobulin]

  On 8/3/2024 at 1:18 PM, brewsterbudgen said:

Most Americans understand the risks of Trump winning again. 

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I do not understand.

These risks that others understand are over-rated.

 

Harris is the riskier candidate.

 

[stoner]

  On 8/3/2024 at 1:15 PM, sirineou said:

Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021.

Hope you can deed a chart 

https://www.investing.com/economic-calendar/unemployment-rate-300?utm_source=google&utm_medium=cpc&utm_campaign=19277875882&utm_content=641713888460&utm_term=dsa-1546555491774_&GL_Ad_ID=641713888460&GL_Campaign_ID=19277875882&ISP=1&ppu=9801673&gad_source=1&gclid=CjwKCAjwqre1BhAqEiwA7g9QhpUyH419GlaxymyxGWiM8x1VYnY49nk3n-vLgdx85mqwzg1DvyaAKxoCoh8QAvD_BwE

 

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thank you for posting this graph. now lets look at it objectively shall we. 

 

is there anything that happened in the USA and globally around the time of that huge blue spike in mid 2020 ? of course there was..... covid. covid caused the huge spike in unemployment as evident world wide. now that did happen when trump was in office yes. however regardless of trumps policies unemployment would of spiked like that no matter who was in office. covid remember. the world was closed. hard to find work when the world is closed and you are told to stay home. all trumps fault right ?  

 

so then the unemployment will naturally drop when the covid was easing. which happened under biden. 

 

now if we look at the numbers leading up to that huge spike we will also notice some things. i see the blue lines are never as big as the blue lines from 2021 on. give or take one or 2 possibly. i cant see from the logo. 

 

if i was looking at that chart from a trading perspective i would call it a rounded bottom pattern forming. you can clearly see a continuous uptick from about mid or early 2023 until now.

unless i am deed the chart wrong.

 

extremely important to note again that the lowest numbers from mid to late 2022 are a little higher than the  numbers before the spike. which looks to be the lowest numbers for unemployment from the data provided. again give or take a month or so. 

 

 

 

 

[TedG]

  On 8/3/2024 at 1:15 PM, sirineou said:

Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021.

Hope you can deed a chart 

 

 

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Inflation 

 

[TedG]

  On 8/3/2024 at 1:42 PM, GammaGlobulin said:

 

I do not understand.

These risks that others understand are over-rated.

 

Harris is the riskier candidate.

 

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Which views of Harris should be believe.  The new views? Or the old views? 

[susanlea]

  On 8/3/2024 at 1:44 PM, stoner said:

 

thank you for posting this graph. now lets look at it objectively shall we. 

 

is there anything that happened in the USA and globally around the time of that huge blue spike in mid 2020 ? of course there was..... covid. covid caused the huge spike in unemployment as evident world wide. now that did happen when trump was in office yes. however regardless of trumps policies unemployment would of spiked like that no matter who was in office. covid remember. the world was closed. hard to find work when the world is closed and you are told to stay home. all trumps fault right ?  

 

so then the unemployment will naturally drop when the covid was easing. which happened under biden. 

 

now if we look at the numbers leading up to that huge spike we will also notice some things. i see the blue lines are never as big as the blue lines from 2021 on. give or take one or 2 possibly. i cant see from the logo. 

 

if i was looking at that chart from a trading perspective i would call it a rounded bottom pattern forming. you can clearly see a continuous uptick from about mid or early 2023 until now.

 

unless i am deed the chart wrong. 

 

also worthy of note that the lowest numbers from mid to late 2022 are a little higher than the  numbers before the spike. which looks to be the lowest numbers for unemployment from the data provided. again give or take a month or so. 

 

 

 

 

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Trump 3.6% pre covid

Biden now 4.3%

 

So Biden has done 0.7% worse

 

No excuses now. Covid was 2020 to 2022.

[GammaGlobulin]

  On 8/3/2024 at 1:47 PM, TedG said:

Which views of Harris should be believe.  The new views? Or the old views? 

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None of the above!

 

[Dan747]

[riclag]

  On 8/3/2024 at 12:28 AM, susanlea said:

Thanks for the emoji. Sums up your priorities. Left wingers don't care about real Americans. 

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They are allowed to use the laugh emoji in a derogatory & inflammatory manner!

 

Its allowed Until individuals abuse it ! But unfortunately they keep coming! how many years now!

[Hummin]

  On 8/3/2024 at 1:22 PM, susanlea said:

Americans love Trump. Cheaper prices, stable borders.

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So not an American? Russian Putin boot?

[stoner]

  On 8/3/2024 at 8:09 PM, Hummin said:

So not an American? Russian Putin boot?

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NO. i am paid and bought by NK. 

[Hummin]

  On 8/3/2024 at 8:16 PM, stoner said:

 

NO. i am paid and bought by NK. 

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Are you Susan?

[stoner]

  On 8/3/2024 at 8:31 PM, Hummin said:

Are you Susan?

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we are all susan.

[gargamon]

The rise in unemployment is a good thing. The stock market has been waiting for it. The fed will now need to drop interest rates which will, as soon as it happens, cause a huge increase in the markets, greatly surpassing the recent decline.

[sirineou]

  On 8/3/2024 at 1:44 PM, TedG said:

 

Inflation 

 

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You are right , my bad

 

[TedG]

  On 8/3/2024 at 10:58 PM, gargamon said:

The rise in unemployment is a good thing. The stock market has been waiting for it. The fed will now need to drop interest rates which will, as soon as it happens, cause a huge increase in the markets, greatly surpassing the recent decline.

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Is it only about the markets? 

[gargamon]

  On 8/3/2024 at 11:18 PM, TedG said:

Is it only about the markets? 

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Yes, unless you're one of the people who lost their jobs. But in this case, they're predominantly those with only a HS diploma or less. And those are mostly the Trump supporters, so of no consequence to my portfolio..

[TedG]

  On 8/3/2024 at 11:32 PM, gargamon said:

Yes, unless you're one of the people who lost their jobs. But in this case, they're predominantly those with only a HS diploma or less. And those are mostly the Trump supporters, so of no consequence to my portfolio..

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OK