If folks vote with their wallets, what does this mean for november and 2020?
Workers Emerge From the Woodwork
Faster growth pulls the least skilled back into the private economy.
Workers Emerge From the Woodwork https://www.wsj.com/articles/workers-emerge-from-the-woodwork-1530916683
The big news from the Labor Department’s employment report Friday is that 601,000 Americans re-entered the workforce in June. This caused the unemployment rate to tick up to 4% from 3.8% even as employers added 213,000 jobs, and it’s more evidence that faster growth is luring more people back into the workforce.
Workers who haven’t gone to college accounted for all of this month’s net increase in the labor force and employment. This suggests renewed economic optimism among less-skilled or less-educated workers. The labor-force surge appears to have pushed up the ranks of the long-term unemployed by 289,000, but these workers are at least optimistic enough to start looking for jobs again.
Workers who haven’t gone to college accounted for all of this month’s net increase in the labor force and employment. This suggests renewed economic optimism among less-skilled or less-educated workers. The labor-force surge appears to have pushed up the ranks of the long-term unemployed by 289,000, but these workers are at least optimistic enough to start looking for jobs again.
Workers who haven’t gone to college accounted for all of this month’s net increase in the labor force and employment. This suggests renewed economic optimism among less-skilled or less-educated workers. The labor-force surge appears to have pushed up the ranks of the long-term unemployed by 289,000, but these workers are at least optimistic enough to start looking for jobs again.
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Have posted many times about local companies recalling all laid off workers and offering a bounty for new applicants.
Its been my experience that the old saying that people vote with their wallets is for the most part true. So if the above trend continues, will it be enough to effect the November elections? How about 2020?
Again, as I have posted before, the promise of a better economy is what drove the previously reliable democratic union vote in my area to Trump in 2016. Will this economic trend cement them there?
