Nobel prize-winning economist Paul Romer joins Andrea Mitchell to discuss the June jobs report, which showed strong gains in employment.
Romer explains that the real unemployment rate is likely higher than what is reflected in the report, because of those who "have given up working," and how new virus surges could set back the economic recovery.
That is like if I dropped a 20 bill and when I picked it up I would say I gained 20 dollars
Having a sociopath in the White House hasn't worked out so well.
Okiemom50 President has done more for this Presidency than whem obummer was in office. Lies will always be the topic of the democratic party nothing but sour grapes. Biden is still in his basement and no idea how to find his way out.
Fraud Economist Alert 🚫📵🔞
Here is the real news you lack to share with the public.
So the Trump administration is celebrating 4.8 million jobs temporarily created at the cost of having shut the window to control the spread of the Coronavirus, that likely will have cost 250,000 lives by the end of this year?
❤😍
COVID death rates dropping, massive jobs growth, businesses opening, people getting their freedom back and that kills you inside because you hate America. Shut up and let the people who love America get on with their lives.
So a drop in unemployment is bad, is that what you are saying?
Hard to complain about a 13% GDP growth rate!
Looks like All going to be Cherry Ripe for a Trump Victory in November. He’ll also destroy Biden in the debates.
MSNBC can't stand the fact the economy is bouncing back fast.
MSNBC are sulking that the economy is fighting back
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Dow surges 440 points after US adds way more jobs than expected in June | Markets InsiderUS equities soared on Thursday after June's jobs report trounced estimates and lifted hopes for a swift economic recovery. American businesses a... Foia Isn't the correct term - some of the 30+ mln who lost their jobs have now been re-hired as places open up? They are not new jobs....and how many of the 30+ mln won't be re-hired should be the bigger worry
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NBC News @NBCNewsLIVE: NBC News Special Report: President Trump holds news conference following release of jobs report. MeetThePress Too bad he has no idea what he’s talking about. Donny, what does NASDAQ mean? MeetThePress If you’re a baseball pitcher and your ERA was 13.6 are you gonna brag if you pitched a shutout and your ERA drops to 11.2? Your gonna still rent your apt. cuz it’s only a matter of time before you’re sent down for reassignment. Boy the Fact Checkers are going to have a field day! LiarInChief Fakepresident IdiotinChief
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‘Still far from mission accomplished’ — economists react to June jobs reportEconomists reacted optimistically to the news that the economy added 4.8 million jobs in June, but said we still have a ways to go. 'Even the partial rebound in jobs during May and June could be viewed as too much, too soon, relative to the virus spread.” $VMW reaffirmed leadership in the cloud. TP $200. When Dell announces their plan for VMW, possibly premarket Monday, you could see a 25% move to upside in record time.
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Economy's second-half comeback is now threatened by coronavirus resurgenceEconomists expect to see a bounceback in the second half of 2020, but the resurging virus threatens the strength of the rebound. It never left And no one is mentioning it has been 2 weeks from the violent riots/protests/funerals? How is herdimmunity? Antibody testing? FearPorn
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US companies added 2.37 million jobs in June, fewer than economists expected, ADP says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Those are furloughed workers being called back, let's make that clear. You mean furloughed workers going back to work. Its critical that these number be communicated accuartely b/c ppl will interpret this as the economy is making a come back- false. Companies are NOT hiring net new employees. They have hiring freezes and are still laying ppl off. It’s good to keep news positive. But, majority of the companies have reduced overhead (people). The positive numbers are those furloughed during lockdown. Also, the world is discussing inequality. So, all professionals will not be called back fairly. This is fact.
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