Skip to comments.Unemployment drops to 13.3% in May as economy adds 2.5M jobs
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 ...
states are opening back up, at least the smart ones.
Gotta be a post WWII record.
Finally some good news.
One thread says the unemployment rate is 3.5% which is true?
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.
The 3.5% is from December...
It is, and one month does not a trend make. But any reduction in the expected unemployment rate is better than an unexpected increase.
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.
Was watching Fox Business this morning and they were predicting 19% and losing another ton of jobs!
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.
That poster put up an article from November by accident I’m sure.
Gee, the “experts” were wrong. AGAIN.
The leftwing communists & racists will increase their terrorism, looting, destruction & murders to stop this upward trend.
I'm pretty sure that thread is incorrect. Or is from a few months ago.
PS: Market is soaring!
Hopefully it will take some wind out of the sails of the RATS, etc.
That tells you all you need to know about the Dimms - they succeed when America is going bad. Evil people.
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