The last time unemployment was this low, we were hit with a recession by finprep

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unemployment · @finprep ·
$332.11
The last time unemployment was this low, we were hit with a recession
Is history repeating itself?

The last time we saw unemployment numbers like this was 50 years ago.  While this is touted as good news by many, including President Trump, the 1969 unemployment figure was met with a recession in 1970.

Are we going to witness the same thing again?

Click on image to read full story.

[![steem.jpg](https://cdn.steemitimages.com/DQmWNU99tpVmYE3SBFrE1vgNnL5rRUojHYzDbsfoVcJFB1Q/steem.jpg)](https://www.cnbc.com/2018/10/08/the-last-time-unemployment-was-this-low-something-bad-happened.html)
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vote details (226)
@stu-precious · (edited)
and a few years later we had a major currency change a full fiat petro dollar system. and now we are shifting to a new system,but this time with a massive DEBT load. It has the ingredients to end up being a disaster!
## upvoted resteemed and commented
👍  ,
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@enzoadjordan · 
no, not for the next generation. the government should do something about it and of course, the citizens which plays the vital role in our society. let us help each other grow for our Nation!
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@adriangiotto · 
no, no! the government should better be doing something about it!
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@marissabuffett · 
I believe we are, certain areas just don't have enough work to support the amount of people. It doesn't help that we have a retiring population, with couples having less children now then they did years ago.
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@margbarrutti · 
recession sucks! how would you feed your family?
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@demarcoaug9 · 
NO. please NO to recession!
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@codysamuelson · 
Recession is inevitable if government don't plan to act seriously about it.
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@rodmichael · 
This is one of the major problem  one country would have.
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@vbarrey12 · 
I hope it won't last very long, just a mild recession.
properties (22)
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authorvbarrey12
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created2018-10-12 22:03:27
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@josephdavidson · 
this is bad news. no to recession!
properties (22)
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authorjosephdavidson
permlinkre-finprep-the-last-time-unemployment-was-this-low-we-were-hit-with-a-recession-20181013t071926529z
categoryunemployment
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created2018-10-13 07:19:33
last_update2018-10-13 07:19:33
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@rickdevorne · 
this is  a general slowdown in economic activity. recession suck. sad life.
properties (22)
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authorrickdevorne
permlinkre-finprep-the-last-time-unemployment-was-this-low-we-were-hit-with-a-recession-20181013t091602642z
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json_metadata{"tags":["unemployment"],"app":"steemit\/0.1"}
created2018-10-13 09:16:06
last_update2018-10-13 09:16:06
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root_title"The last time unemployment was this low, we were hit with a recession"
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