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  1. #1
    Death to Liberalism Patrick Chewing's Avatar
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    Default 2.5 Million Jobs Added In May

    https://www.foxnews.com/politics/tru...on-job-numbers

    Numbers released by the Labor Department indicated that the economy added 2.5 million jobs in May and the U.S. unemployment rate dropped to 13.3 percent from 14.7 percent a month earlier. This was a stark reversal from expectations that the unemployment rate could reach nearly 20 percent in May, and Trump took the opportunity to crow over the positive economic news.
    And the DOW is up 800 points right now!



  2. #2
    Titles are overrated Kblaze8855's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    So you’re pretending not to grasp how that happens after record job losses right? The way he obviously is?

  3. #3
    81 on the Raptors BigKobeFan's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    http://www.insidehoops.com/forum/sho...employed/page3

    look at what i wrote yesterday before the job report.

  4. #4
    Counter Troll Agent highwhey's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by Kblaze8855 View Post
    So you’re pretending not to grasp how that happens after record job losses right? The way he obviously is?
    Don't expect OP to have a brain and make a basic leap of logic.

  5. #5
    Death to Liberalism Patrick Chewing's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by Kblaze8855 View Post
    So you’re pretending not to grasp how that happens after record job losses right? The way he obviously is?
    Debbie Downer, what is your point?

  6. #6
    Counter Troll Agent highwhey's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by Patrick Chewing View Post
    Debbie Downer, what is your point?

  7. #7
    I Insist JohnnySic's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Cooked numbers. These jobs "added" weren't new jobs. They were mostly employers pulling back some employees to qualify for government assistance programs (e.g. ppp loans). The economy is still in horrible shape and 13% unemployment isn't anything to brag about in any case.

  8. #8
    81 on the Raptors BigKobeFan's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by JohnnySic View Post
    Cooked numbers. These jobs "added" weren't new jobs. They were mostly employers pulling back some employees to qualify for government assistance programs (e.g. ppp loans). The economy is still in horrible shape and 13% unemployment isn't anything to brag about in any case.
    They are NOT supposed to be new jobs...its for people getting their old jobs back after the lockdown.

    The real cooked numbers are the people refusing to go back to work because they get more from EDD than from working.

  9. #9
    Death to Liberalism Patrick Chewing's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by BigKobeFan View Post
    They are NOT supposed to be new jobs...its for people getting their old jobs back after the lockdown.

    The real cooked numbers are the people refusing to go back to work because they get more from EDD than from working.
    The whole point of the story was to show how jobs are coming back after the shutdown and these imbeciles manage to find a way to spin this negatively.

  10. #10
    I Insist JohnnySic's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by BigKobeFan View Post
    They are NOT supposed to be new jobs...its for people getting their old jobs back after the lockdown.

    The real cooked numbers are the people refusing to go back to work because they get more from EDD than from working.
    I'm not convinced. Once PPP runs out, these rehires could get laid off again. Furthermore, people are reading too much into this one report. There's a lot of margin for error.

  11. #11
    NBA lottery pick rawimpact's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Okay, so lets not be happy that the trend in unemployment numbers is starting to show a reversal. Some of you are so ridiculous...

  12. #12
    Counter Troll Agent highwhey's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by rawimpact View Post
    Okay, so lets not be happy that the trend in unemployment numbers is starting to show a reversal. Some of you are so ridiculous...
    Fuming.

  13. #13
    I Insist JohnnySic's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Oops!
    https://www.stamfordadvocate.com/bus...r-15320999.php

    Way to give the stock market a bogus boost. In the end its gonna crash anyway.

  14. #14
    pronouns - he/haw Nanners's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    I bet that half of these jobs are making deliveries for amazon at minimum wage, and the other half are security guards for corporations and wealty gated communities.

  15. #15
    Death to Liberalism Patrick Chewing's Avatar
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    Default Re: 2.5 Million Jobs Added In May

    Quote Originally Posted by Nanners View Post
    I bet that half of these jobs are making deliveries for amazon at minimum wage, and the other half are security guards for corporations and wealty gated communities.
    And pizza delivery drivers. I see them everywhere now.

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