Economy Gained 4.8 Million Jobs in June
as Unemployment Rate Declines
for Second-Straight Month
National Review,
by
Tobias Hoonhout
Original Article
Posted By: Dreadnought,
7/2/2020 10:31:52 AM
The U.S. economy added nearly 5 million jobs in June, beating expectations for the second-straight month as unemployment fell to 11 percent, the Bureau of Labor Statistics reported Thursday. Non-farm payrolls rose by a record 4.8 million for the month, with over 40 percent of that coming in 2.1 million new jobs for the leisure and hospitality industries. The numbers are nearly double the gains in May, which saw 2.5 million jobs added. “These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it,” BLS said in a statement.
Reply 1 - Posted by:
HotRod 7/2/2020 10:34:34 AM (No. 464297)
Good news for America, bad news for democrats! What harmful thing will the democrats try next? Another virus? More murders and destruction of cities?
6 people like this.
Reply 2 - Posted by:
Avikingman 7/2/2020 10:43:10 AM (No. 464309)
Yippee!
4 people like this.
Reply 3 - Posted by:
Shells 7/2/2020 10:59:06 AM (No. 464333)
Freaking awesome.
3 people like this.
Reply 4 - Posted by:
LC Chihuahua 7/2/2020 11:22:20 AM (No. 464371)
There was a report a few days ago that the United States had lost over a million jobs, so which is it?
The main things saving Trump's re-election right now are the Democrat's embrace of Marxism and Communism, as well as all the race riots. Trump would be in deep trouble otherwise.
1 person likes this.
Reply 5 - Posted by:
Safari Man 7/2/2020 11:32:07 AM (No. 464386)
If we consider looting a profession, we may be at full employment.
7 people like this.
Reply 6 - Posted by:
kennedylaw 7/2/2020 11:46:39 AM (No. 464408)
Oh nooooo! We must shut the economy back down before it recovers and President Trump gets the credit.
2 people like this.
Reply 7 - Posted by:
DVC 7/2/2020 12:01:41 PM (No. 464429)
Trump's economy, fighting off all the Lilliputions who are desperately trying to tie it down, keep us all from succeeding.
Go Trump! MAGA, Episode 2.
4 people like this.
Reply 8 - Posted by:
john56 7/2/2020 12:22:14 PM (No. 464471)
Yeah, but once all the big city Democrat mayors and governors fire all their police forces, there should be another big spike up.
Like the road runner said, Beep, Beep. And the anvil falls again on the Coyote (as well as the Democrats and their media whores).
2 people like this.
Reply 9 - Posted by:
Condor44 7/2/2020 1:13:22 PM (No. 464521)
The dems havealready cooked up another Russian hoax to get Trump. They now are saying he knew that Putin was funding the Taliban by offering bounties on US soldiers. Some of my liberal acquaintences are posting on FB that they have now got Trump. These a@@hats in the dem congress are celebrating. Be prepared for this to be played to death.
1 person likes this.
Reply 10 - Posted by:
DVC 7/2/2020 1:22:41 PM (No. 464532)
#9, "Now they've got Trump"??
As I hear the story, there was an unsupported report that couldn't be corroborated, so the President wasn't told about this thing that the intel folks didn't think was happening.
And now the idiot Dems are all cranked up that the President didn't "react properly" to some stuff that likely wasn't happening, that he wasn't told about.
For clarification purposes: What is the Democrat-recommended response to things that aren't happening that you don't know about?
They are lunatics, this makes zero sense at all.
0 people like this.
Reply 11 - Posted by:
planetgeo 7/2/2020 1:29:50 PM (No. 464535)
Dempocalypse Now...the horror, the horror!
Cue Cobra gunships, whiff the awesome napalm, turn volume of Wagner's "Ride of the Valkyries" to eleventy...
0 people like this.
Reply 12 - Posted by:
bighambone 7/2/2020 1:47:11 PM (No. 464563)
The Democrats don’t like the increasing job numbers one bit, they are already out on the so-called mainstream (liberal) media, these days including Fox News, claiming that Trump should have done a lot better and that if Biden was in the White House that the job numbers, especially for Blacks and Hispanics would be a lot better, like back to normal, and the old Obama-Biden days where Blacks and Hispanics were given buckets of “Hope”.
1 person likes this.
Reply 13 - Posted by:
cor-vet 7/2/2020 2:30:45 PM (No. 464614)
I am waiting for '0' to come out and take credit for the good jobs report. He, Soros and the dems tanked the economy and created all the lost jobs, so because they did that, businesses reopening are going to hire. Ergo, he's responsible.
0 people like this.
Reply 14 - Posted by:
snowoutlaw 7/2/2020 3:58:17 PM (No. 464696)
Now they are closing everything down again, they say its due to the spike but I never believed it.
2 people like this.
Reply 15 - Posted by:
ginadee 7/2/2020 5:26:55 PM (No. 464768)
.........and so the dems will begin to inflate numbers on "THE VIRUS".
This is still about November 3. 2020 election.
1 person likes this.
Not so fast. A lot of these jobs are summer jobs and a lot went to the AA group because they had the information. One kid gets to work from home.
0 people like this.
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