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 ...
#jobsnotmobs
Hopefully, this news produces an ocean of tears somewhere in a basement in Delaware!!!
Walmart had hired a whole bunch I mean come on paper products companies technology companies companies are bringing back their best workers people were switching careers go from waitressing to something else it’s not like there were never jobs available
And we have a contender for one of the most ridiculous statements ever made on FR
“The economy is irrelevant” according to newfreep.
OK. Right.
Because it’s so far off from the projections. Now I have to believe that economists are into push-projections, like the political pollsters??
There’s that word again...
https://twitter.com/AllieRaffa/status/1268724808629604354
(from yesterday) NEW: @JoeBiden will deliver remarks at 12:15 PM ET tomorrow in Dover, Delaware on the economic crisis and jobs report, which will be pooled press.
BAHAHAHAHAHAHAH!!!
Hooray!
I got my stock money back!
They try and they try and they try to bring down President Trump.
Here’s a president who had a nasty virus to fight, riots and looters, impeachment, fake investigations....
AND THEY KEEP LOSING THEY KEEP LOSING THEY KEEP LOSING!!!
President Trump to speak shortly https://www.whitehouse.gov/live/
This reminds me of my first house loan. I was happy to get a 13% mortgage. 13% unemployment is awful.
The dems will milk the riots and whatever else they can find to keep these unemployment numbers up. I am hoping this latest George Floyd saga will have taken covid-19 off the front page long enough for businesses to get back to normal.
Nobel Prize winning, no less.
Yes it’s terrible and I pray it’s temporary. The alternative was 19% though and that was frightening.
I bought Marathon Petroleum back in March at close to it's low ($22.00) off it's Jan high of ($65.00).
It's trading today at $41+ for a cool $38K profit.
You don't have to be very bright to make money in the market off of other peoples idiocy.
BLS MATTERS!!!!!!!!
Democrats everywhere just peed themselves. Lmao.
Good for you!
I went down over ten thousand on my mutual fund stock.
Yesterday I am back at even.
TODAY I AM AHEAD!!!
Good for us......a President so beat up and THEYLOSETHEYLOSETHEYLOSE!!!!
The horse & carriage industry got displaced by the automobile. The typewriter industry got displaced by the personal computer. And so on. It always sucks to be part of the displaced industry but it's important to learn different skills and adapt.
I think we are seeing disruption in fast-forward these days.
One major disruption I see is that corporate offices will give way to home offices for many. So landlords of office buildings may be in for hard times as corporations downsize their office space as they shift their workforces to "work-at-home" on a permanent basis. However, great opportunities will develop elsewhere to service this remote workforce.
Smart landlords will convert their vacant office space to "hotel-like" space that they can rent to corporations on a daily basis. For instance, Company A rents the space on Monday, Company B rents the space on Tuesday, and so on. So five companies share the space and split the cost five ways. That way their workers spend four days a week working at home but come in on the one day for meetings, training sessions, etc.
Outstanding news!!!!
God bless Donald Trump.
No doubt, this all possible due to fast home internet. Now we see a proliferation of software to accommodate this, zoom, Microsoft teams, doc-u-sign, etc. We'll now see HD cameras getting better, better audio systems, etc.
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