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Unemployment drops to 13.3% in May as economy adds 2.5M jobs
Fox Business ^ | 6/5/2020 | Megan Henney

Posted on 06/05/2020 5:40:02 AM PDT by NohSpinZone

The U.S. unemployment rate unexpectedly dropped to 13.3 percent in May, down from a record high in April as the nation's economy began to gradually reopen from the coronavirus lockdown.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events
KEYWORDS: economy; jobs; manufacturing; unemployment
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Truly shocking report. Not sure I believe it but it's great news!!
1 posted on 06/05/2020 5:40:02 AM PDT by NohSpinZone
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To: NohSpinZone

states are opening back up, at least the smart ones.


2 posted on 06/05/2020 5:42:02 AM PDT by TexasFreeper2009
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To: NohSpinZone

WOW!!!!


3 posted on 06/05/2020 5:43:22 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: NohSpinZone

Gotta be a post WWII record.


4 posted on 06/05/2020 5:43:33 AM PDT by ealgeone
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To: NohSpinZone

Finally some good news.


5 posted on 06/05/2020 5:44:08 AM PDT by C19fan
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To: NohSpinZone

One thread says the unemployment rate is 3.5% which is true?


6 posted on 06/05/2020 5:44:27 AM PDT by snarkytart
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To: NohSpinZone

Agree was surprise with all the shut down.

Where is all the hiring at?

I can say this though.... I am not going to disclose the name, but I work for a very well known Fortune 500 company. We did hire a bunch of people recently.

So I am curious who was hiring big time.


7 posted on 06/05/2020 5:44:31 AM PDT by Enlightened1
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To: snarkytart

The 3.5% is from December...


8 posted on 06/05/2020 5:45:07 AM PDT by kosciusko51
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To: NohSpinZone

It is, and one month does not a trend make. But any reduction in the expected unemployment rate is better than an unexpected increase.


9 posted on 06/05/2020 5:45:19 AM PDT by DoodleDawg
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To: NohSpinZone

Good news.I hate to see good people needing work.It’s also good for the President...if there are clear signs of a rebound in October that will help him enormously.Unless,of course,some new drug addled black guy with a bum ticker decides to resist arrest.


10 posted on 06/05/2020 5:45:22 AM PDT by Gay State Conservative (The Rats Just Can't Get Over The Fact That They Lost A Rigged Election!)
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To: TexasFreeper2009
Honestly didn't see that coming! Good news!

Was watching Fox Business this morning and they were predicting 19% and losing another ton of jobs!

UNEXPECTED!

11 posted on 06/05/2020 5:45:26 AM PDT by Road Warrior 04 (Boycott The NFL! Molon Labe! Oathkeeper)
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To: C19fan

L o l

True this website is very depressing all it does is post Twitter feed from the left and reports from CNN/NYT/ etc.. its nonstop barrage of hate and despair. It’s what’s happening but sometimes it would be nice to get some good news.


12 posted on 06/05/2020 5:46:36 AM PDT by snarkytart
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To: snarkytart

That poster put up an article from November by accident I’m sure.


13 posted on 06/05/2020 5:46:44 AM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: NohSpinZone

Gee, the “experts” were wrong. AGAIN.


14 posted on 06/05/2020 5:46:45 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: NohSpinZone

The leftwing communists & racists will increase their terrorism, looting, destruction & murders to stop this upward trend.


15 posted on 06/05/2020 5:46:57 AM PDT by newfreep
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To: snarkytart
One thread says the unemployment rate is 3.5% which is true?

I'm pretty sure that thread is incorrect. Or is from a few months ago.

16 posted on 06/05/2020 5:47:15 AM PDT by DoodleDawg
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To: NohSpinZone

PS: Market is soaring!


17 posted on 06/05/2020 5:47:15 AM PDT by Road Warrior 04 (Boycott The NFL! Molon Labe! Oathkeeper)
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To: NohSpinZone

Hopefully it will take some wind out of the sails of the RATS, etc.


18 posted on 06/05/2020 5:48:49 AM PDT by LoveMyFreedom
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To: NohSpinZone

TRUMP 2020

M-A-G-A !!!


19 posted on 06/05/2020 5:49:34 AM PDT by Baldwin77 (They hated Reagan too ! TRUMP TOUGH - AMERICA STRONG)
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To: LoveMyFreedom

That tells you all you need to know about the Dimms - they succeed when America is going bad. Evil people.


20 posted on 06/05/2020 5:49:52 AM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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