FILE - In this June 4, 2020 file photo, a pedestrian wearing a mask walks past a reader board advertising a job opening for a remodeling company, in Seattle. U.S. companies added nearly 2.4 million jobs in June, according to a private survey, a large gain that still leaves the job market far below its pre-pandemic levels. The payroll company ADP said that small businesses reported the largest gain, adding 937,000 jobs.
Economists have forecast that businesses, governments and nonprofits added 3 million jobs — a record high — and that the unemployment rate fell a full percentage point to 12.3%, according to data provider FactSet. The predicted hiring gain would be up from Nationwide, card spending fell nearly 13% last week compared with a year ago. That was worse than the previous week, when year-over-year card spending had declined just under 10%., a provider of time-tracking software for small businesses, shows that the number of hours worked at its client companies has leveled off after having risen sharply in May and early June. Business re-openings have also flattened.
Economists have long warned that the economic benefits of allowing businesses to reopen would prove short-lived if the virus wasn’t brought under control. Until most Americans feel confident enough to dine out, travel, shop or congregate in groups without fear of infection, restaurants, hotels and retailers won’t have enough demand to justify rehiring all their previous workers.
AP and other activist outlets PRAYING for poor economic numbers, regardless of the effect on Americans. DISGUSTING anti-American propaganda out in the open.
That leaves how many....about 40M ppl without a job?
VERY MUCH UNDER CONTROL HIPPIES
Why don't you spin it as good news!
👀
The so-called resurgence is pure politics..
I hope the country sees how the media and the Democrats are using the lives of hard working Americans as a political tool to influence an election. You're financial recovery hurts their political strategy. Wake up!
This too shall pass
If the Democrats demand a shutdown and Republicans refuse to pay for it, who loses?
And I bet you’re all thrilled.
Its all part of the TheDemocrats they want to crush America
Most of America is completely brainwashed They have no idea we're being led into not only a depression but into a socialist Revolution They will lose all they 'think' they own.
You think ?
Also, the damn wiener president.
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