shockedcanadian
Diamond Member
- Aug 6, 2012
- 32,106
- 29,485
- 2,905
Man, you guys are gaining jobs in huge numbers
When it comes to the Wuhan Virus, we know the death rate is very low, don't let MSM oversell it as they have done from the beginning and place peoples dreams and businesses at risk. If you feel you are at risk or don't want to take the risks than stay at home. Others must be free.
As far as I am concerned, a strong economy is vital, peoples freedom is important, people can operate wisely and businesses can and will thrive. I don't like fear mongerers, and the "yeah, but"...
Economy adds 4.8 million jobs in June, surpassing expectations as coronavirus lingers
The U.S. economy added 4.8 million jobs in June, according to data released Thursday by the Labor Department, as the gradual easing of coronavirus-related restrictions helped more businesses reopen and bring back workers.
The unemployment rate also fell to 11.1 percent last month, according to the report, as more workers who were laid off earlier this year were able to return to their pre-pandemic jobs.
Economists expected the U.S. to add anywhere between 1 million and 3 million jobs for the month after the U.S. added 2.7 million in May, according to revised figures, despite widespread predictions of another decline.
Despite the rising job numbers, surging coronavirus cases across the South and Sun Belt have already slowed the pace of the rebound in many states, according to recent data.
A more current indicator, weekly initial unemployment claims, remained elevated at historic levels. For the week ending June 25, new claims came in at 1.43 million, down from 1.48 million the previous week. The figure, while continuing a steady downward trend, was also well above the 1.38 million economists were expecting.
When it comes to the Wuhan Virus, we know the death rate is very low, don't let MSM oversell it as they have done from the beginning and place peoples dreams and businesses at risk. If you feel you are at risk or don't want to take the risks than stay at home. Others must be free.
As far as I am concerned, a strong economy is vital, peoples freedom is important, people can operate wisely and businesses can and will thrive. I don't like fear mongerers, and the "yeah, but"...
Economy adds 4.8 million jobs in June, surpassing expectations as coronavirus lingers
The U.S. economy added 4.8 million jobs in June, according to data released Thursday by the Labor Department, as the gradual easing of coronavirus-related restrictions helped more businesses reopen and bring back workers.
The unemployment rate also fell to 11.1 percent last month, according to the report, as more workers who were laid off earlier this year were able to return to their pre-pandemic jobs.
Economists expected the U.S. to add anywhere between 1 million and 3 million jobs for the month after the U.S. added 2.7 million in May, according to revised figures, despite widespread predictions of another decline.
Despite the rising job numbers, surging coronavirus cases across the South and Sun Belt have already slowed the pace of the rebound in many states, according to recent data.
A more current indicator, weekly initial unemployment claims, remained elevated at historic levels. For the week ending June 25, new claims came in at 1.43 million, down from 1.48 million the previous week. The figure, while continuing a steady downward trend, was also well above the 1.38 million economists were expecting.