Unemployment rate falls to 13.3 percent as economy gains surprise 2.5 million jobs

Grokmaster said:
THEY JUST HATE GOOD NEWS FOR AMERICANS....ALWAYS.
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Indeed, as proved by their posts today.

Sulking and whining for an economy that is returning to the booming economy that our great president iniated.

PoliTalker must hsve several socks.
 
anatta said:
wages were stagnant, we had lost 500k manufacturing jobs under Obama, China was stealing our IP. we had a massive growing trade imbalance. Trump reversed all that.

If you look at unemployment graphs Trump did continue that Obama trend line ( never mind it gets more and more difficult as unemployment gets lower and lower).
I do give Obama credit for the stimulus. Tea Party types were calling for austerity.

If you were honest/informed you'd give Trump credit for the best US economy ever -with wage gains even skewed towards lower incomes, and minority unemployment at record lows, and labor participation at record high
( meaning those on the sidelines decided to go back to work and get off the dole as evidence by the lowering of food stamps)
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We do not have the best US economy ever.

I don't care what it was like in 2019. The vast majority of Americans do not care what it was like in 2019.
 
The stimulus, PPP and unemployment are boosting the economy... Businesses were giving PPP loans based on hiring employees back. What happens when those businesses have to pay those loans back and don't have enough customers to purchase their goods?

Unemployment needs to be extended until at least the end of the year with the additional funds included................otherwise people won't be able to shop at walmart.

Another round of stimulus needs to be distributed


Unfortunately, racist whites who support the republican party will think we are on the verge of return and will deny all packages brought to the floor by the dems.


I wish the dems would do as the racist right and put shit through any way.

Fuck the republicans........they do what ever they want and america just takes it
 
As everyone knew would happen. The left just tried to out it off as long as possible.
And by inciting riots the left insures that some of those inner city jobs will never come back.
Blacks will remember who created minority jobs and who didnt.
 
TTQ64 said:
The stimulus, PPP and unemployment are boosting the economy... Businesses were giving PPP loans based on hiring employees back. What happens when those businesses have to pay those loans back and don't have enough customers to purchase their goods?

Unemployment needs to be extended until at least the end of the year with the additional funds included................otherwise people won't be able to shop at walmart.

Another round of stimulus needs to be distributed


Unfortunately, racist whites who support the republican party will think we are on the verge of return and will deny all packages brought to the floor by the dems.


I wish the dems would do as the racist right and put shit through any way.

Fuck the republicans........they do what ever they want and america just takes it
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You are a racist, cabron.
 
Celticguy said:
As everyone knew would happen. The left just tried to out it off as long as possible.
And by inciting riots the left insures that some of those inner city jobs will never come back.
Blacks will remember who created minority jobs and who didnt.
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Indeed.

Spot on.
 
Hello ziggy,

ziggy said:
The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from 14.7 percent in April, according to the monthly employment report released Friday by the Bureau of Labor Statistics.

The surprising data comes amid the phased reopening of businesses across the country after months of economic pain from the coronavirus pandemic, which pushed up unemployment to Great Depression-era levels and obliterated all job gains since the Great Recession.

https://www.nbcnews.com/business/bu...gains-surprise-2-n1223236?cid=sm_npd_nn_tw_ma
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A good thing!
 
Hello Concart,

Concart said:
This thread demonstrates again why the cult supports Trump. Trump's first reaction to this was to tweet about his election opponent. He didn't tweet about the potential impact on the economy. Nope. He immediately went on the attack, making up yet another imaginary slight to his tiny little ego.
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DT sure needs some help in the polls. He has sunk so low...

The last time he was this low was when he was impeached.
 
BartenderElite said:
We do not have the best US economy ever.

I don't care what it was like in 2019. The vast majority of Americans do not care what it was like in 2019.
Click to expand...
ya they do, so long as we rebound back.
Americans are not all hacks like yourself, they are fair minded
 
Trump brags about jobs report as black unemployment hits 10 year high

President Donald Trump is taking full credit for May’s drop in unemployment numbers, calling it a “tremendous tribute to equality,” and even saying that it’s a “great day” for George Floyd, a Black man killed by police.

Black unemployment increased to “the highest in more than a decade.”

https://www.rawstory.com/2020/06/tr...black-unemployment-increased-to-10-year-high/
 
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