US labor market "the strongest in more than a decade", Yellen tells graduating class

US labor market “the strongest in more than a decade”, Yellen tells graduating class

Tuesday, December 20th 2016 - 06:51 UTC

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The United States labor market is in the best condition in last decade said the chairman of the Federal Reserve Janet Yellen during a speech to the graduating class at the University of Baltimore. Fed chairman said that the signs of healthy labor market are abundant, among which stand out the stable rate of creation of new jobs and lower share of cuts. Read full article

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chronic
Poor Yellin':

http://www.businessinsider.com/labor-force-participation-rate-falls-to-38-year-low-2015-7

LFP: 62.8%

The bureau of labor statistics has defined the UR in a manner such that it is now a metric without meaning in the real world.
Dec 20th, 2016 - 04:19 pm - Link - Report abuse 0
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:o))
Who is Yellen trying to impress/fool?
Dec 23rd, 2016 - 06:59 pm - Link - Report abuse 0
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chronic
I know that that is a rhetorical question but these kinds of statistics are aimed at the low information, liberal types as Obamy and his minions desperately try to repackage his failed presidency and evaporative legacy which trump is set to erase.
Dec 23rd, 2016 - 10:52 pm - Link - Report abuse 0
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:o))
In an economic powerhouse - the USA - the economy struggled to expand to 3.5% - much, MUCH lesser than China, India? Isn't THAT quite a miserable performance, by ANY standard or by any statistics?
Dec 25th, 2016 - 12:16 pm - Link - Report abuse 0
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