There's no other way to say this, the official unemployment rate … amounts to a big lie.
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Chairman Jim Clifton
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In response, businesses hold back wage increases and wait for inflation and productivity growth to bring wages closer to their desired level. Since it takes some time to fully exhaust the pool of wage cuts, wage growth remains low even as the economy expands and the unemployment rate declines.
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San Francisco
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Our unemployment rate is now lower than it was before the financial crisis.
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Chairman Jim Clifton
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-- July 29 tweetFacts First: Baltimore does not have the worst economic numbers in the United States, though it does rank poorly by several measures.Baltimore had the fourth-worst unemployment rate of major cities in 2018, but its 5.7% rate was substantially better than that of last-place Detroit, which was at 9.0%. In 2017, the Baltimore metropolitan area (which includes more than the city of Baltimore, on which Trump was focusing his attacks) ranked 19th in the country in gross domestic product out of 383 areas studied. The city of Baltimore had a 22.4% poverty rate over the 2013-2017 period, well ahead of such cities as Detroit (37.9%), Bloomington, Indiana (37.5%), and Laredo, Texas (30.6%).Baltimore did have the highest homicide rate of any major city in 2017, so Trump was accurate in his claim about crime.Obama's recordObama and energy -- August 1 rally in CincinnatiFacts First: Obama did encourage the use of renewable energy sources rather than fossil fuels, but he didn't try to.
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President Obama
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Ideal state is not the one with alone highest literacy, best infrastructure and cleanliness all around but with consistency maintaining the least unemployment rate and the maximum business opportunities.
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Anuj Somany
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In 1997 we were the fastest growing manufacturing metro area in the country and four years later it collapsed, what you can see on the ground today is 3,000 job openings. China's emergence as the world's low-cost producer and export superpower following its World Trade Organization entry in 2001 dealt a heavy blow to traditional industrial communities such as Hickory. Economists David Autor, David Dorn and Gordon Hanson have tried to separate the impact of trade from other factors affecting U.S. manufacturing employment and they estimate that between 1990 and 2007 Hickory lost 16 percent of its manufacturing jobs just due to surging imports from China. DEEP SCARS. Buffeted by other headwinds, such as the 1994 North American Free Trade agreement and the lifting of textile quotas in 2004, the area lost 40,000 manufacturing jobs overall, half the total, between 2000 and 2009. Nationally, more than 5 million manufacturing jobs have disappeared since 2000, a period that also included the worst economic downturn since the Great Depression. The collapse left deep and still visible scars that help explain the appeal of Trump's pledge to bring back manufacturing's glory days. In Hickory, disability rolls soared more than 50 percent between 2000 and 2014, swollen by older workers who struggled to return to the workforce. At the same time, the share of the 25-34 year old in the population fell by almost a fifth between 2000 and 2010. Consequently, even as the unemployment rate tumbled from a peak above 15 percent in 2010 to 4.6 percent today, below the national average, so did the labor force participation rate. It fell from above 68 percent in 2000 to below 59 percent in 2014. Poverty levels doubled. Yet the manufacturing upswing in areas that suffered the most during the downturn is evident. Rust belt states, such as Michigan, Indiana and Ohio that may prove pivotal in the Nov. 8 presidential election, have been adding manufacturing jobs faster than the economy as a whole. Michigan, for example, which lost nearly half of its manufacturing jobs between 2000 and 2009, has since then seen a 25 percent rise, well above the 4 percent gain nationally. Manufacturing employment there is still well below the levels in the 1990s. Economists debate whether returning to that level is realistic given technological advances that have reduced manufacturing's share of the workforce from a high of above 30 percent in the 1950s to around 8 percent today. But they also feel that have already seen the bottom, particularly when it comes to China's impact.
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Donald Duncan
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A little more than three months since President Obama has left office, much of the economic and social progress we saw under his watch is under imminent threat, during the Obama era, the economy added 15 million new jobs, the Black unemployment rate dropped and the high school graduation rate for African-Americans soared.
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Donald Trump
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It’s a blue-collar immigrant city where two years ago, 80 percent of the students in our school system qualified for free or reduced lunch, our unemployment rate runs about 50 percent above the statewide average historically, and we’re a majority-minority city.
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Mayor William Carpenter
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Some people think that politicians ultimately determine the outcome of the economy and the unemployment rate ... (and) would view the recession as a direct reflection of poor fiscal management, from a political point of view, clearly it's going to be a potential weakness ... which is a bit unfair.
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David Madani
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I became a [much] more active member of the blind community and I realized there are these staggering statistics, like a 70 percent unemployment rate for blind people, a 66 percent obesity rate, two times the rate of depression compared to the general population, you can’t tell me that 70 percent of blind people are unemployable and don’t have those skills.
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Jason Romero
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