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Thread: Huge Job Growth!

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    tWebber seer's Avatar
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    Huge Job Growth!

    This is bad news for the Dems, they need to find a way to keep unemployment high!

    The Labor Department released data showing that the U.S. added 2.5 million jobs during the month of May as businesses began to reopen amid the coronavirus pandemic. The unemployment rate dropped to 13.3 percent from 14.7 percent in April, coming as a major surprise to economists. Trumpís own White House advisers had previously predicted the unemployment rate could exceed 20 percent during the month of May.

    https://thehill.com/homenews/adminis...are-incredible
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    tWebber Thoughtful Monk's Avatar
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    Yet another example of the experts being unable to correct project the future. I think we'll be trusting experts less going forward.
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    I've always questioned data of the BLS, even when they were showing numbers under Obama's admin. But can someone explain to me how this recovered so fast when we officially "opened up" on Friday (just a week ago), the same day the riots started. How is that even remotely possible?
    "I was the CIA director. We lied, we cheated, we stole, it was like... we had entire training courses. It reminds you of the glory of the American experiment." - Mike Pompeo, Secretary of State (source).

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    tWebber Whateverman's Avatar
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    Quote Originally Posted by seer View Post
    This is bad news for the Dems
    Good news for the country as a whole, though.

    I wonder, if/when the second wave hits, how it'll affect employment growth.

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    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by Whateverman View Post
    Good news for the country as a whole, though.

    I wonder, if/when the second wave hits, how it'll affect employment growth.
    I'm guessing people are so fed up with the "containment" that they will, in large part, ignore a second attempt at quarantine.

    As I said earlier, I think Memorial Day weekend was Independence Day, as people decided to get out, go to the lake, have BBQs, family picnics, and ditch the quarantine.
    "Neighbor, how long has it been since youíve had a big, thick, steaming bowl of Wolf Brand Chili?Ē

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    Technology Staff Leonhard's Avatar
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    Quote Originally Posted by seer View Post
    This is bad news for the Dems,

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    Evolution is God's ID rogue06's Avatar
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    Quote Originally Posted by seer View Post
    This is bad news for the Dems, they need to find a way to keep unemployment high!

    The Labor Department released data showing that the U.S. added 2.5 million jobs during the month of May as businesses began to reopen amid the coronavirus pandemic. The unemployment rate dropped to 13.3 percent from 14.7 percent in April, coming as a major surprise to economists. Trumpís own White House advisers had previously predicted the unemployment rate could exceed 20 percent during the month of May.

    https://thehill.com/homenews/adminis...are-incredible
    IIRC all the experts were predicting more job losses reported but instead we recovered over 2 million jobs. And what makes this outstanding is that it was accomplished with the two largest state economies, California and New York, still locked down.

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    Evolution is God's ID rogue06's Avatar
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    Quote Originally Posted by Leonhard View Post
    I think that it would have been better to say was this report was good, if not great news for Trump and good news for Trump is bad news for Democrats.

    I'm always still in trouble again

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    Evolution is God's ID rogue06's Avatar
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    Quote Originally Posted by Cow Poke View Post
    I'm guessing people are so fed up with the "containment" that they will, in large part, ignore a second attempt at quarantine.

    As I said earlier, I think Memorial Day weekend was Independence Day, as people decided to get out, go to the lake, have BBQs, family picnics, and ditch the quarantine.
    I was at Walmart at noon and was surprised to see around a third of the people no longer wearing face covering. I asked the kid at the door, who monitors customers entering and leaving, if he noticed it. He said that there has been a sharp drop since the beginning of the week.

    I'm always still in trouble again

    "You're by far the worst poster on TWeb" and "TWeb's biggest liar" --starlight (the guy who says Stalin was a right-winger)
    "Of course, human life begins at fertilization thatís not the argument." --Tassman

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    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by rogue06 View Post
    I was at Walmart at noon and was surprised to see around a third of the people no longer wearing face covering. I asked the kid at the door, who monitors customers entering and leaving, if he noticed it. He said that there has been a sharp drop since the beginning of the week.
    I'm having a deja vu.
    "Neighbor, how long has it been since youíve had a big, thick, steaming bowl of Wolf Brand Chili?Ē

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