fewer people are currently employed by state and local government in education than were employed a year ago, based on seasonally adjusted figures. As schools and universities reopen for in-person instruction, even at reduced levels, most of these people will return to work. That will be a significant boost to the August jobs report, which will be released right before Labor Day.
This doesn’t mean that we will be back to full employment even if the positive trends continue. Employment is still way down in sectors associated with travel, such as air transport, transit and accommodations. Capacity limitations on restaurants and bars will surely keep employment in those sectors below February levels for the foreseeable future.
It does, however, suggest that the unemployment rate is likely to drop below 10 percent by Labor Day unless states start to shut down some of the recently reopened businesses. States reeling from the loss of revenue that comes from the economic morass will be loath to do that absent a significant rise in covid-19 deaths or significant shortages of hospital beds dedicated to treating the seriously ill.
How painful that must have been to type.
'Get better'? Really? These numbers are good, but they were the result of states opening up and workers returning to work. Many states have paused or rolled back opening. Expect to see unemployment fluctuate over the next months.
..Y Y 4 4 4:4 .B*A*R B*A*R A JOYNS ON .B*A*R B*A*R A LOYNS ON
The economy to recover while more people will not. We are so not great again.
they are a snap shot from the middle of June and things have gotten progressively worse since then
NO THEY R NOT GETTING BETTER AS BUSINESSES SHUT DOWN AGAIN WHAT IS SMOKING
:
Greg, bud. Come on. That's just so stupid.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How One Black Orthodox Jewish Woman Is Opening Minds in Her Brooklyn Community'You don’t have to wait for anyone to fix what you need fixed, you can do it yourself,” Maayan Zik Zik says. “You can go out there and do the work. We can fix the world today and turn it over.' That’s very nice. I wish I could always fix things myself. Sometimes, I can. Some others, I can’t. A very interesting yet exhausting read about Zik, a young Black Jew woman basically enduring & turning the other cheek while being racially stereotyped, harassed & discriminated in a sect (community) CrownHeights which she obviously was divinely driven to! Guess she found a voice
Source: voguemagazine - 🏆 715. / 51 Read more »
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
Source: NBCNews - 🏆 10. / 86 Read more »
NASCAR’s Corey LaJoie Debuting ‘Trump 2020’ Car at Brickyard 400Corey LaJoie's 32 car is getting a new paint job for NASCAR's big race Sunday. Clown doing clown shit😂😂🤡🤡 He got play to his crowd. VoteBlue✌🏼💙2020. No more clowns 🤡🤡 Put that guy into the wall first lap.
Source: TMZ - 🏆 379. / 59 Read more »
The Good News and the Bad News in the Latest Jobs ReportThe economy added a record 4.8 million workers in June. But there are also some warning signs. jbarro writes jbarro Added them back. 🙄 Jejpva
Source: NYMag - 🏆 111. / 63 Read more »
Need money? Find cash in these unexpected placesWith the U.S. in a recession and the coronavirus pandemic not showing signs of letting up, many Americans may be struggling to come up with much-needed cash. acorns Between the sofa cushions?
Source: CNBC - 🏆 12. / 72 Read more »
New Study Sees Unprecedented Trauma from the PandemicThe widespread trauma from COVID-19 and how we can build resilience, according to JudithMatloff JudithMatloff More talk about this please. It is tough to enjoy your best physical life without mental health, ignored in the Covid stats.
Source: PsychToday - 🏆 714. / 51 Read more »