"Albeit slow, the marginal improvement in the labor market is a positive sign we're on the road to recovery, but the increasing claims states where virus cases are up proves there will be bumps along the way," Charlie Ripley, Senior Investment Strategist for Allianz Investment Management said in a statement about the report.
Data from Kronos, another large hourly workforce management firm, has also shown a slowdown in the jobs recovery, according to Dave Gilbertson, the vice president of strategy and operations for the company. Gilbertson said that in recent weeks the pace of growth for hourly workers clocking in for their data set has fallen to half of what it was at the beginning of the recovery.Retail, hospitality and health care are three industries that are seeing their recoveries level off, he said.
"The thing we're looking at here more closely this week and next week is trying to compare the states where there have been higher Covid spikes with where there are slowdowns, or even in some cases declines," Gilbertson said.for exclusive insights and analysis, and live business day programming from around the world.
Source: Entertainment Trends (entertainmenttrends.net)
Bitcoin = freedom. You don’t agree? Don’t buy it. But speak out against the govt making it illegal, and proclaim the right of those who bought it to keep it. Govt can’t control Bitcoin, devalue it, manipulate it, route it to their whims; which is why they hate it.
Or bc MURICAns lazy asf
This is going to continue until nov.
Trump asks Supreme Court to invalidate Obamacare during surging deadly virus & soaring unemployment.
That little spike of the economy in May was only a blip. This was never going to be V recovery and anyone who thought so was being ludicrous.
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