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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums7 reasons the U.S. economy is rock solid
http://www.marketwatch.com/story/7-reasons-the-us-economy-is-rock-solid-2014-08-04?dist=afterbell
The much-anticipated jobs report for July missed the mark, but there is no reason to be concerned. Long-term labor trends are improving, and economic indicators continue to point higher.
So its worth remembering that there isnt a firm link between economic growth and a rising stock market. Regardless, it is undeniably good for America and U.S. investors to see the economy back on firm footing.
And if youre still not convinced the U.S. economy is doing well, heres a short list of reasons that investors and consumers can be confident that the U.S. economy is rock solid:
1. Job market continues to improve: Sure, the latest jobs numbers showed an increase to headline unemployment rate. Thats a bit disappointing because Junes reading of 6.1% showed the lowest level since September 2008, however the 6.2% reading remains the lowest since October 2008. Thats hardly a mammoth change. Furthermore, critics who say the decline in joblessness is because of folks leaving the labor force should note that the labor participation rate actually ticked up slightly.
2. Hope for long-term unemployed: The long-term unemployment rate has finally shown signs that it is declining in earnest. According to a recently released report from the Federal Reserve , the long-term unemployment rate has fallen 0.5 percentage points since the end of 2013, accounting for almost the entire decline in the headline unemployment rate. At the same time, the labor participation rate has remained unchanged so no grumbling about how the shift has been caused by folks dropping out of the workforce, please.
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7 reasons the U.S. economy is rock solid (Original Post)
IronLionZion
Aug 2014
OP
Adam051188
(711 posts)1. muahahahahahahahaha
eyez can buyz it a chezburgerlar wiz mah paychax.
IronLionZion
(45,442 posts)3. I can haz?
Num Num Num!!!
Adam051188
(711 posts)4. JKLJKLSDLJFHJWEUIFE:UIOWDUI@!~!@!~!!!!!!!!!!!!!!!!!!!!!
..........that fucking cat took my chezburglar................
B Calm
(28,762 posts)2. It could get even better with a democratic congress!
winter is coming
(11,785 posts)5. "7 reasons the U.S. economy is rock solid"??
Jeebus, they must be expecting the crash next week. I was hoping we'd make it past the midterms.