Economy US economy adds 2.5m jobs in May, unemployment rate falls to 13%.

[Deadwing88]

Economists predicted a loss of 8.3m..

 

[Azeroth Adventurer]

I wonder how many of these are full-time jobs instead of casual/part-time roles

 

[IndyCovaHart]

Fake news.

 

[Squintz]

Lies

 

[Gunny]

I wonder how many of these are full-time jobs instead of casual/part-time roles

In this time that may not be a useful distinction. There is still that $600/week federal unemployment benefit that workers can claim even if they work part time. A lot of workers are being recalled to their jobs but don’t want to come back full time because they’d lose the benefit.

 

[Ûdun Ghuephd]

If any positive news comes out, Nancy Pelosi will find some way to say it was Obama who is somehow responsible, LMFAO

 

[brackis1]

"
unemployment rate falls to 13%."
lol
things are BOOMING!

 

[brackis1]

If any positive news comes out, Nancy Pelosi will find some way to say it was Obama who is somehow responsible, LMFAO

Ahh yes totally normal comment involving two politicians you obviously thought of because of the many deep and unique conclusions you've reached thru a deep commitment to political thought.

 

[Ûdun Ghuephd]

Ahh yes totally normal comment involving two politicians you obviously thought of because of the many deep and unique conclusions you've reached thru a deep commitment to political thought.

Thanks!

 

[Holic]

Guess the Obama economy is back now

 

[Prutfis]

I wonder how many of these are full-time jobs instead of casual/part-time roles

Add to that, full time jobs that pay a livable wage.

 

[Fluffernutter]

I wonder how many of these are full-time jobs instead of casual/part-time roles

People Ubering protesters.

 

[BIKES!]

It’s a tarp. Wait until July when earnings come out.

 

[Gundarmyx]

I bet we won't see sub 7 or 8% unemployment come election night.

 

[Gunny]

So now a 13% unemployment is a booming economy? Lol. Good luck in november

Serious question here. Do you struggle with impulse control? Not trying to insult, I’m just testing a theory.

 

[Gundarmyx]

Serious question here. Do you struggle with impulse control? Not trying to insult, I’m just testing a theory.

It was something I read on breitbart. They already celebrating this a booming economy. My bad

 

[Rational Poster]

Lots of furloughed and laid off employees are being called back while certain states are forcing through re-opening.

Meanwhile new corona cases are increasing in many of those states. I wonder why?

 

[Madmick]

If the riots are important enough to ignore COVID shelter-in orders for, then the economy definitely is. In fact, the lack of any formal censure or punishment of protesters has disgraced the mitigation measures for the past several months-- as justified as they might have been. Don't want to see more headlines like this:
JC Penney announces 154 stores set to close this summer. Here’s a map.

 

[Deadwing88]

I bet we won't see sub 7 or 8% unemployment come election night.

A decline to 7% unemployment by November, would be a reasonably fast recovery..

It was widely expected that the unemployment rate would jump to 19% in this report.. that hasn't happened.

 

[brackis1]

If the riots are important enough to ignore COVID shelter-in orders for, then the economy definitely is. In fact, the lack of any formal censure or punishment of protesters has disgraced the mitigation measures for the past several months-- as justified as they might have been. Don't want to see more headlines like this:
JC Penney announces 154 stores set to close this summer. Here’s a map.

lol this is the biggest word vomit.

P.S. JC Penney has been in a bankruptcy tailspin for years what is this?