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Dow futures surge 400 points after jobs report for June shows 4.8 million jobs added, unemployment falls to 11.1%
marketwatch.com ^ | July 2, 2020 | Mark DeCambre

Posted on 07/02/2020 5:56:38 AM PDT by John W

U.S. stock-index futures added to gains on Thursday after a closely followed report on the health of the labor market showed that the U.S. added 4.76 million jobs in June and the unemployment fell to 11.1% from 13.3% in May, suggesting that the employment picture is improving after a stunning collapse due to the COVID-19 pandemic. Economists polled by MarketWatch had predicted 3.7 million jobs were created or restored in June, with some estimates ranging as high as 8 million.

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


TOPICS: Business/Economy; News/Current Events
KEYWORDS: braking; covid19stockmarket; dja; jobs; stockmarket
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To: Kharis13

So anytime a Democrat gets near a garage door pull everybody should go into high alert? In some neighborhoods, the sirens will never stop.


21 posted on 07/02/2020 6:10:50 AM PDT by Bernard ("I don't know if that's true:" Schiff said.)
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To: John W

Trump is turning the economy around, he’s doing a great job.


22 posted on 07/02/2020 6:10:57 AM PDT by 1Old Pro (#openupstateny)
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To: John W

Destroy Capitalism! We must all live in squalor together!


23 posted on 07/02/2020 6:12:38 AM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine)
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To: John W

Unexpectedly?


24 posted on 07/02/2020 6:12:39 AM PDT by Jeff Chandler (Father in Heaven, I trust in Your love.)
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To: MrChips
We must all live in squalor together!

Live together in squalor separately. The lefty governors said....

25 posted on 07/02/2020 6:14:26 AM PDT by Sirius Lee (They are openly stating that they intend to murder us. Prep if you want to live.)
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To: snarkytart

Yep, we need more riots! Quick, can we get Fauci in front of every camera? Now is the time to reinforce the fear and panic that COVID is going to get us and we need to cower in our houses and die with our masks.

Oh who will release more panic to make Orange man go away?


26 posted on 07/02/2020 6:14:42 AM PDT by Obadiah (Kill the deep state or lose the Republic.)
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To: John W

Communists hardest hit.


27 posted on 07/02/2020 6:14:51 AM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: John W

Quick! Another shutdown!


28 posted on 07/02/2020 6:15:35 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: unixfox

They’re working on it. Probably had hints of these numbers earlier this week when they started tightening the screws again.


29 posted on 07/02/2020 6:17:02 AM PDT by John W (Trump/Pence 2020)
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To: John W

Is this the reason Gavin GRUEsom is shutting down portions of California for three weeks? We can’t have the biggest state in the country resume full operations and boost the national economy. Why that might help Trump in November. These idiots RATS are sinking faster than they realize.


30 posted on 07/02/2020 6:17:13 AM PDT by dowcaet
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To: dowcaet

I’d say.


31 posted on 07/02/2020 6:18:24 AM PDT by John W (Trump/Pence 2020)
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To: Jeff Chandler

https://www.urbandictionary.com/define.php?term=Unexpectedly

unexpectedly

The favorite adverb of major news organizations when describing dreary economic news since 2009. It is believed to have originated around May 19, 2009, when Reuters reported “new U.S. housing starts and permits unexpectedly fell to record lows in April . . . denting hopes that stability in the housing market was imminent.” Has since been incorporated into the style book of the Associated Press, as well as other journalistic entities.

Anticipated to remain in the forefront of economic reporting until the end of 2016, when it will “unexpectedly” disappear from the landscape.
“The pace of expansion in the U.S. manufacturing sector unexpectedly slowed in March, according to an industry report released on Monday.”—Reuters, 4/1/13

“U.S. manufacturing unexpectedly contracted in November, falling to its lowest in over three years ...”—Reuters, 12/3/12

“Previously owned U.S. home sales unexpectedly dropped in March as a lean supply of properties kept the industry from generating a stronger recovery.”—Bloomberg, 4/22/13

” Employers added fewer jobs than forecast in November and the unemployment rate unexpectedly increased ...”—Washington Post, 12/3/10
by RobinGoodfellow1 April 28, 2013


32 posted on 07/02/2020 6:19:10 AM PDT by abb
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To: Kharis13
Democrats are on suicide watch.

I'll bring the popcorn and watch like Jeffrey Epstein's guards.

33 posted on 07/02/2020 6:19:14 AM PDT by KarlInOhio (In 2016 Obama ended America's 220 year tradition of peaceful transfer of power after an election.)
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To: DoodleDawg

Standby for another pandemic bug to be released in 3-2-1....


34 posted on 07/02/2020 6:19:15 AM PDT by Shady (One More Time: CO2 is PLANT FOOD! Without it we die. Any questions?)
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To: Obadiah

The Deep State always does something negative in response to good news and anything positive that might be attributed to this administration. This news today is why we’re getting government reports of increased Wuhan flu cases across the country!


35 posted on 07/02/2020 6:19:46 AM PDT by dowcaet
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To: Rodm

Time to cook up a new Russia headline.


36 posted on 07/02/2020 6:20:21 AM PDT by jersey117
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To: Shady
Standby for another pandemic bug to be released in 3-2-1....

They don't need another pandemic bug. We're having enough problems with the current one.

37 posted on 07/02/2020 6:20:36 AM PDT by DoodleDawg
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To: 1Old Pro

We pumped $6 trillion into the economy so there should be some improved results. That said, this is very good news. The GDP numbers for the 3rd quarter should be spectacular.


38 posted on 07/02/2020 6:22:19 AM PDT by kabar
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To: snarkytart

That is exactly what will happen. It’s as if the Democrats are carefully orchestrating this for the elections. People dying and losing their jobs and homes, just so the Democrats can gain power.


39 posted on 07/02/2020 6:24:38 AM PDT by realcleanguy
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To: Rodm

This is WHY COVID Shutdown 2.0 is being pushed hard and heavy and Trump had better start showing some pushback against it.


40 posted on 07/02/2020 6:25:09 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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