Monday, December 6

At 7.9%, US jobless rate spells trouble for Trump


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Notably, some 865,000 women left the labor force last month, the data shows, about four times the number of men. Latinas accounted for more than a third showed that decline, the report.

Those populations are key to Trump’s reelection hopes as well as those of Democratic presidential nominee Joe Biden.

The mass exit of women from their jobs coincided with the start of the US school year, with many children learning online and at home.

“These numbers are really just what parents have been screaming for months, but in the form of economic data,” said Michael Madowitz, an economist at the left-leaning Center for American Progress. “I can’t imagine this is going to help win voters over.”

Friday’s report counted more than 12 million Americans among the unemployed, a demographic less likely to show up at the polls than the employed, studies https://www.census.gov/library/stories/2019/04/behind-2018-united -states-midterm-election-turnout.html have consistently shown.

But in the current context, there’s a twist: voter turnout among those out of work tends to rise when unemployment overall is high.

Amber Wichowsky, a political science professor at Marquette University in Wisconsin, studied thousands of state and local elections and found that higher unemployment is associated with higher turnout, and Republican incumbents “are more likely (than Democrats) to be punished by bad unemployment numbers. “



financialpost.com