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]

12 hours ago, susanlea said:

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

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]

23 minutes ago, TedG said:

The left wing is a cult in the USA. 

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

[susanlea]

4 minutes ago, 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 🤞

Americans love Trump. Cheaper prices, stable borders.

[still kicking]

13 hours ago, 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

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

[susanlea]

1 minute ago, still kicking said:

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

Another idiot called Albo.

[sirineou]

6 minutes ago, susanlea said:

Americans love Trump. Cheaper prices, stable borders.

Not to mention he is a stable genius

[susanlea]

1 minute ago, sirineou said:

Not to mention he is a stable genius

Jealous. Hope I never get that way.

[TedG]

18 minutes ago, Galong said:

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

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

[GammaGlobulin]

22 minutes ago, brewsterbudgen said:

Most Americans understand the risks of Trump winning again. 

 

I do not understand.

These risks that others understand are over-rated.

 

Harris is the riskier candidate.

 

[stoner]

30 minutes ago, 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

 

 

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]

29 minutes ago, 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 

 

 

 

Inflation 

 

[TedG]

3 minutes ago, GammaGlobulin said:

 

I do not understand.

These risks that others understand are over-rated.

 

Harris is the riskier candidate.

 

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

[susanlea]

3 minutes ago, 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. 

 

 

 

 

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]

8 minutes ago, TedG said:

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

 

None of the above!

 

[Dan747]

[riclag]

18 hours ago, susanlea said:

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

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]

6 hours ago, susanlea said:

Americans love Trump. Cheaper prices, stable borders.

So not an American? Russian Putin boot?

[stoner]

6 minutes ago, Hummin said:

So not an American? Russian Putin boot?

 

NO. i am paid and bought by NK. 

[Hummin]

15 minutes ago, stoner said:

 

NO. i am paid and bought by NK. 

Are you Susan?

[stoner]

22 minutes ago, Hummin said:

Are you Susan?

 

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]

9 hours ago, TedG said:

 

Inflation 

 

You are right , my bad

 

[TedG]

20 minutes ago, 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.

Is it only about the markets? 

[gargamon]

8 minutes ago, TedG said:

Is it only about the markets? 

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]

4 minutes ago, 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..

OK