The media’s grim reapers continue to predict catastrophe from the Covid-19 resurgence, but it’s hard to read Thursday’s labor report as anything but good news. The U.S. economy beat forecasts as employers added 4.8 million jobs in June while the unemployment rate fell to 11.1% from 13.3% in May. Businesses are willing to hire, and Americans want to return to work, if government will let them.
Private employment has increased by eight million since April, meaning about 40% of employees who lost jobs during the pandemic lockdowns...
opinion The WSJ editorial board has become laughable. They only care about business being able to open no matter the cost in lives. Nothing about how this right wing radical government being ineffective and responding the way a 3rd country would.
opinion Penny wise and pound foolish. Coronavirus is exploding, and the damage will be far worse than what would have happened if everyone stayed hunkered down and reopened gradually and safely.
opinion
opinion Dumb.
opinion The President said the economy would rebound. It did rather quickly. Leaving expert's baffled. The question is will employers pay fair wages? Prices have increased, that cost has been passed on to consumers. Much is being said about bad working conditions. Bosses being bad!
opinion No matter how dangerous, it is absolutely critical to get the peasantry back to work -- with time on their hands, they've had time to think and notice how the power elite are destroying democracy & institutionalizing oligarchy...right, ?
opinion time to cut the 'federal' unemployment....this will give an incentive to go back to work.
opinion Simple USA didn't lockdown totally , the lockdown is that China wants the western economies to do in order to tear down Democrats elected government. Of course colluding with far left and extremis liberal media.
opinion A lot of good that does to the shuttered service industry with no willing customers.
opinion Bad news... shutdowns are looming. What is going to happen when cases rise above 100k per day, millions per week? Despite low death rates regulations will harm the economy. For example, asymptomatic employee tests positive... stay home 2 weeks. what happens to hourly paycheck?
opinion Still heralding the $ 7.75 wage . That’s the folks that went back to work . You make me sick !
opinion To just take the labor report as 'separate' apart from the bigger problem is like being trapped in a forest fire and being happy that you may have found a perfect future picnic spot.
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