May 2020 Job Numbers

[Kevin Peacocke]

CNN was so utterly and obviously biased against Trump during the election campaign that they set the tone for his attitude towards them going forward. Now that all the various plots against him are being uncovered, watch CNN start to solidify as an agent in the mix. There will be a reckoning and they have asked for it.

 

[YancyW]

True - though Yahoo news will embrace, circulate, and promote anything that might hurt this admistration.

We'll know in a few weeks. It is certainly possible that this is an aberration, but the economic activity here in Texas is certainly improving dramatically (with the exception of bluest downtown Austin and Dallas). Taking the screws of NY and CA is also unlikely to hurt.

Like I said before, even if numbers are off a bit, they still don't cover the entire month of May. Things have clearly been moving in a better direction as the month went along, I really think we have momentum, even if there is a little variance in base numbers we are working off.

What we know for sure, keeping this country shut down for any longer is going to cause damage that will take a generation or more to correct. My businesses were closed for 9 weeks, even though we are open, I am not expecting to reach my Feb 2020 numbers until at least this time next year.

 

[RUGER77]

WooHoo! The Dem Doomsayers must be suicidal this morning.

Economists were predicting terrible May numbers as high as 20% unemployment and the loss of an additional 8 million jobs.

Instead ....... drumroll, trumpet fanfare ........ unemployment fell to 13.3% and the economy added 2.5 million jobs. Moreover, New York is finally restarting all its construction work which can only add momentum.

Looks like their best hope is to try to keep this race baiting fanned.

How many workers were called back and are being paid their wages with funds from the Socialist bailout?

 

[Red Leg]

How many workers were called back and are being paid their wages with funds from the Socialist bailout?

Quite a few I hope. This was a critical lifeline to several small business owners that I know.