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 ...
How long will the unemployed be able to collect that extra 600.00? I was under the impression when you are called back to work unemployment automatically stops?
*APPLAUSE*
Well a lot of people are employed as rioters, are they included?
Rioting is a growth industry.
I wonder if the DNC hires Hollywood scriptwriters to come up with all these new narratives and plots because it seems as though the Democrats are running their political operation like a daytime soap opera. Their story lines constantly keep changing! I’m guessing they have a few dozen more narratives they’ll use between now and November.
It does. $600 extra ends at end of July. Which in some states due to the way things are set up will be earlier than 7/31.
The black businesses in cities are going to burn tonight.
Interested in the comments on this by their drunken leadership.
You forgot to add in the Murder Hornets!
Those were Trump’s Fault, too! ;)
That's two months in a row of substantial improvement.But we can be sure that the Rats will do their best to throw a monkey wrench in the works.
#BREAKING: Jeffrey Epstein confidante, British socialite and heiress Ghislaine Maxwell, has been arrested by the FBI, sources tell @Jonathan4NY https://t.co/K8DvaFZuWX— NBC New York (@NBCNewYork) July 2, 2020
News Conference at 9:30. Great Jobs Numbers!— Donald J. Trump (@realDonaldTrump) July 2, 2020
Isn’t it though?
Don’t worry, Pres Biden will fix this.
The “experts” were wrong again! New record for jobs added in a single month and unemployment drops to 11.1% which is 1.2% lower than their “expert” opinions. Dow opens up 376 points in an instant 500 point swing. Time for a new poll showing Biden up 40 points and Trump approval at 27%.
So unemployment rate is now dropping by 2.1% a month. At the this rate, we could back down at under 4% unemployment by October. Just in time for the elections. Nice.
It is kind of sad we are excited about 11.1 % unemployment.
I’ll get concerned if it’s deaths surging instead of just cases.
The media will ratchet up the calls for more lockdowns because of the COVID “surge”.
“I live at the corner of Bedlam and Squalor” - Tom Waits
https://www.youtube.com/watch?v=O_ScWtP2IxU
Starts at 3:48
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