Winning!
Krugman must be in mourning.
Due to the nature of his job, one of my brothers filed for unemployment in April. He expects a 50 hour work week for the next two months.
Long ago I stated that 8 or 9% unemployment is about right for America. The reason being is that is about the percentage of people who truly don’t deserve jobs. They simply don’t work and are actually counterproductive in the workplace. Anecdotal evidence of this can be seen every time you receive poor customer service and you say to yourself, “How did that person ever get a job?”. Since I stated the 8 or 9% figure, I have added one caveat. The actual percentage may slightly differ. It is dependent on an economy that can fully employ productive individuals that are seeking employment. Of course there is no measure or statistic for this, otherwise my bloviating could be proven as something greater than pure conjecture. We certainly don’t want that. </sarc>
Ppp loan and EIDL loans working.
WINNING!!!
"Economists surveyed by Refinitiv expected the report to show that unemployment ROSE to 19.8 percent in May and that employers LOST 8 million jobs."
These geniuses weren't even in the same galaxy as the truth.
It's largely why the DOW is up nearly 760 and climbing this morning.
Expect the panicked liberal news outlets to immediately accuse the Administration of gaming the numbers.
Look for another shoe to drop. The Democrats cant have this.
Theyve known this was coming, too. There were articles circulating last week about Jason Furman, Obamas economist, panicking Democrats with his prediction that we are about to see the best economic data we have ever seen. Is it any wonder that the George Floyd news was promoted immediately afterward?
Uh, oh, incredibly good economic news pointing to ending the shortest recession in history. Gonna be a lot of angry Dem politicians
I already see the ads running that haven't been for the last two months.
On a related note, one bit of commerce that I can already see is the shift of people and businesses from some of these Democrat bastions.
-Some believe the failure to protect them from the Armageddon Ailment has to be avoided in the future.
-Some believe the lockdown was tyranny and needs to be avoided in the future.
-Some believe the failure to quell the riots needs to be avoided in the future.
Why wouldn’t you believe it?
Ive been wondering why I havent seen numbers that said how many of those people had gone back to work I swear to God the financial reporting that out there is piss poor
This one had to sting. Via the Wall Street Journal - SURPRISING
Unemployment Rate Fell to 13.3% in May
The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, early signs the labor market is mending after the coronavirus pandemic shut down parts of the economy nearly three months ago. The jobless rate fell from 14.7% a month earlier, which was the highest on records dating from 1948.
Stocks Surge on Surprisingly Strong Jobs Report
Damn you Donald Trump!
While Democrats riot the president brings back employment
Jobs not mobs come on get the TV commercials out there now
There’s that word again...
Hooray!
I got my stock money back!
They try and they try and they try to bring down President Trump.
Here’s a president who had a nasty virus to fight, riots and looters, impeachment, fake investigations....
AND THEY KEEP LOSING THEY KEEP LOSING THEY KEEP LOSING!!!