7.5MM in the last two months. Fantastic to see. Economy is roaring back, and great for all Americans.
Love it.
Love it.
4.8MM jobs added in June
- Thread starter Cocks are Number 1
- Start date
But what about all the 20 year olds who sneezed this week ? Time to shut it down.
Makes me smile to see our President have so much pride in his country’s well being. Everyone succeeding is the goal, and so nice to see.
And even that's with the Democratic (Communist) trying everything they can to shut it down.
In hindsight this will be the most obvious bubble / recession.
Just like the President predicted. I told my financial advisor the other day to prepare to put my investments in the most conservative financial vehicles possible if Biden is elected. However, that doesn't fit with the liberal narrative on how bad President Trump is. SMH
A) Positive growth should be recognized and celebrated. Absolutely.
B) Just pump the brakes slightly, as this data is from surveys that were finalized in mid-June, and don't include the last two weeks. Which, if you've been paying attention, were no picnic. Time will tell the full story.
The numbers therefore should be taken “with a whole stockpile of salt,” said Diane Swonk, the chief economist at Grant Thornton.
B) Just pump the brakes slightly, as this data is from surveys that were finalized in mid-June, and don't include the last two weeks. Which, if you've been paying attention, were no picnic. Time will tell the full story.
The numbers therefore should be taken “with a whole stockpile of salt,” said Diane Swonk, the chief economist at Grant Thornton.
What is incredible is that these jobs are added while many on unemployment are still making bank. I visit factories and many are finding it hard to get new employees right now because many make more on unemployment than they would at work. So when/if the unemployment pay changes or ends which is soon right? Then there will be even more jobs added.
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Solid take, but even if there’s a dip, this shows how strong the economic foundation we are sitting on. There may be moments of 1 step back, but the trend is a strong up.
I hope so. I'm still unemployed and searching for a job hard. It's brutal right now in the trenches.
Aren't we still down 12.5MM that are out of work still? There were 20MM who went on Unemployment during that time.
Just like conservatives never wanted to believe the low unemployment numbers during the Obama administration, I will not believe the jobs numbers from the Trump administration. The whole they go low we go high hasn't worked, so I'm trying when they window-lick we go cross-eyed
Do you even know what employment/unemployment is? Didn’t know whether or not these applied to your life.
I also hope that the President shutting down work visas for aliens holds up to give our people first shot at the developing jobs. Many huge companies like Amazon, Apple , etc. and Dems are after him to water his executive order down again. they love cheap labor that they have under their thumbs.
Well, duh, large corporations are only looking at the bottom line. That has less to do with dems and more to do with capitalism.
There's no place for any good news. I wish people would quit being so optimistic during this plague that is killing half a percent of the population.
shut it down, wear a mask and wait for the Vax.
shut it down, wear a mask and wait for the Vax.
I'm right there with you. It's tough for sure.
I am very interested to see what happens as the 2nd quarter results get announced from publicly traded cos.....and how the markets react.... can it withstand financials that are off 50+ % in hospitality , transportation, foodservice/ restaurants manufacturing, retail, .... I could go on but this will certainly be interesting.
That foundation is sitting on a chair propped up by trillions of $$ of support, payments, loans & bonuses. Lets see what it looks like when the PPP loans do not pay companies payroll, unemployment bonuses end, and the airline industry loses bailout $$. And restaurants and bars are still operating at less than 50% capacity.
Everyone knows the Obama admin cooked the books by counting millions as voluntarily leaving the workforce and thus not counted as unemployed to hide the true unemployment numbers. They also were counting millions of temp jobs that lasted a few weeks as new jobs which would get counted again a month or two later. There is no comparison in economic performance under Trump as compared to Obama....Trump's way works much better. Obama had just set us on a slow glidepath to socialism. The chicken in the pot theory.....will not know its too hot until its too late.
I wish Trump would have been smart enough to transfer the SSTF into stocks and commodities
think we make more on return than the general fund
think we make more on return than the general fund
