The US has never gone more than 9 years without having a recession.
Over 90 million working age Americans are jobless, brah.
>"Although the US unemployment rate has declined, more and more Americans are choosing to opt out of the labor market altogether and no longer even figure in the employment data. "
Bureau of Labor Statistics puts it at closer to 102 millions
Im not even fucking American and i know this.
Don't forget the soft landing in 1994, where recession was avoided by lowering interest rates, among other things. That's a maneuvering margin we don't have right now.
>work 1 hour
>unemployed but looking for a job
Helps if you understand the fucking statistic you're citing dipshit.
>b-but look at all these part time jobs and stagnant wages
>only 5% of the people who are bothering to look for work are unemployed :3
>900,000 people stopped looking for work, unemployment fell 0.2%. What a great outcome :3
>interest rates are effectively at 0 still because we're so prosperous...right?
Nice economy you got there. If everyone just stops looking for work you can achieve 0% unemployment!
Even more fucked up, Obama made it so that if you are a volunteer and do not have a paying job you are now considered employed.
The US government toys with the unemployment numbers to make sure that our markets don't lose foreign investment.
Won't happen if Trump is president.
Just look at the math:
Trump = can't be stumped
>"you're all losers"