FILE - In this Saturday, May 16, 2020, file photo, Glen Buhlmann, lower left, fills out a job application during a walk- and drive-up job fair in Seattle for clothing maker Outdoor Research's new line of face masks and other personal protection equipment the company has started manufacturing due to the coronavirus pandemic. U.S.
Credit and debit card data tracked by JPMorgan Chase show that consumers reduced their spending last week after having increased it steadily in late April and May. The reversal has occurred both in states that have reported surges in COVID-19 and in less affected states, said Jesse Edgerton, an economist at J.P. Morgan.
Thursday’s jobs report is based on data gathered in the second week of June, which helps explain why the figures reflect an improving trend. Last week’s plateau in work shifts will instead affect the July jobs figures, to be released in early August. 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 fromin May. Even so, the combined job growth for May and June would recover only a fraction of the 22 million jobs that were lost in March and April, when the virus forced business shutdowns and layoffs across the country.
Still, Thursday’s jobs report will be based on data gathered in the second week of June, so it will still likely reflect an improving hiring trend. Last week’s plateau in hours worked will instead affect the July jobs figures, to be released in early August.
TRUMP2020
Typical 2020 journalism. State some good FACTS then end on a shitty opinion that fits you narrative. You clowns just can’t help yourselves.
Of course
I love to read the comments in the thread. Democrats shutting down Democrat states, killing off jobs, yet Trump still wins. RedWave2020
Just in time for lockdown 2
*NOT new jobs. Just 4 million jobs returned out of the 40 million lost. Meanwhile small businesses are shitting the bed and closing doors in huge numbers. Especially bars, restaurants, nightclubs and live music venues.
Yes that's what the Democrats are hoping. The last thing Dems want is a soaring economy. They will do everything they can to stop growth.
More than half the country doesn’t have a job
The job report is down from where it was. Millions of unemployed Americans without health insurance.DumpTrumpNow
Lol
In your mind
You know liberals are mad😂😂😂
This must be fake...because I am looking flr a job and still havent found anything...
Simple language...jobs lost due pandemic... unemployed...jobs gained due to reopening...employed. Good Lord be grateful for ppl working or be a dem/lib and be saddened that ppl aren't depending on the government to support them.
That’s not something to celebrate. It is damning.
yeh 5 million jobs is a stall LMAO.....the libtards are getting dumber and dumber by the minute.
AP. Absolutely Pathetic.
We’ve let the China Virus have it’s fun, now we need to take back the country from those who would keep us in a perpetual lockdown These same people live in gated communities and are totally out of touch with the common person The elite only care about the elite!
Please don’t use the word added. These are people who RETURNED to their old job. Nothing new created.
The FAKE pandemic dimmed the outlook for new jobs last reporting period too, but jobs still came. Your track record for predicting jobs seems to be more of a politically biased hope for high unemployment. Sadly, AP has little if any connection with reporting truth.
THERE IS NO PANDEMIC!!!!
Gah! What a pessimistic headline! Why not a headline just about GAINS?
Did not fall. People went back to work.
The Democrats on here making fools of themselves trying to turn this into a negative. HEH HEH HEH
The numbers are not accurate because they were taken two weeks ago prior to the spike in the virus! The Hospitality and Travel Industry was hit hard, will be lucky if I get called back after Labor Day!
Trump the Lion Democrats the Mole Rats! heh heh heh
Read the title again mentally challenged idiots. 4.8 Million jobs, Where is the word 'new' in this sentence. A bit jealous of Conservatives success as your Candidate wallows in his dementia in a basement?
I propose we all wait a while until the revised numbers come out.
And Biden pledges to raise taxes during the worst economic conditions since the great depression. SMDH.
Why do you ppl hate good news for this Country? Even though cases of the Chinese Flu are going up, death rates are going way down. Report that!
The numbers were taken in the second week in June *before* the spikes in cases hit. It didn’t add jobs. People went back to their old ones.
Actually the outlook is not Dim, the Outlook is very bright across the entire USA 🇺🇸 EconomicRecovery GodBlessTheUSA
Trump2020
There is NO PANDEMIC! Might as well take that out of your predictive model and redeem yourselves.... you know, have some integrity.
Good news, but. You just can’t be happ
Your fake pandemic is over. We know it's fake.
Holmesdonna1 Can’t you EVER not use a sword when it come to good news for the POTUS .. your biased is loathesome and it’s really getting old.
POTUS is Making America Great Again!
You guys said the same thing about the May gains
Your wrong there jobs lost in California so it's much higher
When there is good news from the Trump adminstration, at the AP there is always the 'but'. It is like a Doctor telling a patient, you look good today but don;t count on it tomorrow.
There obviously counting people who went back to work
Let's See. Some jobs and job openings actually existed pre April. Went away or on hold until June. Came back in June because they weren't going to close again. But by posting them all as new jobs, voila, spike in job postings. Interesting.
Unemployment going down, COVID cases spike... fair trade
No thanks to Trump.
Well the employees that have died of covid-19 have to be replaced. It's the Ferengi way. Big ears and big profits before all else.
This is not really anything to celebrate if you look at the job loss we are still looking at 36 million jobs lost NET. In addition this is why we’re having an outbreak because people went back to work and went to restaurants. It’s not that great of news.
The Plandemic is dwindling down
*regained dear.
I'm glad there are jobs coming back. Not surprised Trump immediately jumps in front of cameras to demand the nation fellate him over this. What was supposed to happen as we came out of lockdown? But now a bunch of states are going back into lockdown. It's a fucking mess
Republicans: the economy is booming look at all these new jobs. Also Republicans: we can’t extend unemployment because nobody wants to go back to work.
How did anyone come to a 10% drop from 21% with 4.8 million jobs that were pre-existing? 44 Million unemployed. -4.8 million = 39.2 Million. This is not a dramatic improvement, and someone is fuckin fudging some numbers here hard.
BretBaier As I recall, the MSM was claiming we'd be at 30% unemployment racing into next year. This was their hope and built on hated of Trump. The American people are more resilient.
This is a lie. Numbers were taken from mid-June before surge.
You can't just report the news, you have to try and dim it to own Trump, amirite?
It does not diminish anything FakeNewsMedia
ABC7 y’all don’t even make up your own BS anymore, MSM literally has 1 central source for all their BS 🤡🤡🤣
KassyDillon Horrible news, Dems. Quick, shut down again!!
You could have stopped at the word June. But that doesn’t fit with the fear porn you guys are pushing on the daily.
BretBaier But but but
I believe they added that many jobs only because the states opened back up. Those are just the same people from before the quarantine
Six in ten isn't enough! I'm appalled that it's not straight up 10! If nothing else this Trumpian state we have been living in has highlighted what awful people so many of my fellow Americans actually are!
Thank you President Trump!
Liberals want the economy to crater so bad.
You guys just had to add a 'but' after the good news about hiring and the drop in the unemployment rate. Trump haters never let up. LoL
Biden: They gave me a list of who to recognize, where's AP?
BretBaier Hard to believe if we go back to work we’ll add jobs. Never would have guessed it. The left is working so hard to win they are killing themselves... WakeUpAmerica
Dammit, there goes Trump ruining the country again.
Very Liberal skew on good news What’s good for America is bad for Democrats Ever thought about presenting actual news without bias Nay.....didn’t think so
No jobs were added. People were forced back to work prematurely and now we have a record surge in COVID19 cases. This is a really bad and inaccurate title.
These are not “new” jobs
And the markets will surge and some people will make a lot of money while 98% are suffering. Sigh.
Daniel Craig is probably rolling over in his grave. His AP is not any better than all the other MSM 'hack news'. You all were that way before Civil War 1.0 too.
After these stories this morning, I get why you now just couldn’t headline the good news on uunemployment. Like we don’t know there is Covid concern?mediamalpractice Seriously? No evidence of Covid at rallies, but Trump’s 4th of July “concerning”? 👇👇👇👇
The US death rate continues to go down.
still 36 million unemployed, don't pretend this is a favorable number
The liberal media has to get back to fear mongering
People went back to work while the ridiculous 'reopenings' happened. No new jobs were created. The 4.8 million is smoke and mirrors. When the next report comes out, it will reflect all those millions being let go again. Trump is responsible for this disaster - all of it.
This is 100% FALSE! People went BACK to their old jobs, NOT NEW! States are shutting down again, more job loss! WHY because of the egregious mishandling of COVID. Ignore it & it will go away-that approach failed. USA is worse than most 3rd WORLD countries in DEATHS & mishandling.
March 12, 2016 “The numbers are phony. These are all phony numbers. Numbers given to politicians to look good. These are phony numbers.” DJT
Added new jobs, or these people are simply going back to work?
Unemployment is still the highest in 80 years Nothing to cheer
How hard is it to say: Thank You Trump?
So, unemployement falls...
Bad news for democrats who were hoping and praying for more job losses
Meanwhile covid spread goes up and up
The mainstream media must hate reporting this.
New jobs lol. So misleading. Places reopened. In some cases too fast. Trump celebration tweet storm coming in 3..2...
BretBaier Leave it to the fake stream media to try to spin a positive in a negative! Losers
People are returning to work. How is that a record new jobs.
Fake report! No way 4 million jobs added!
DON'T FORGET THAT THERE ARE 40 MILLION AMERICANS WHO ARE STILL UNEMPLOYED AND ON THE BRINK OF FINANCIAL DISASTER JoeBiden cnn CNNPolitics CBSThisMorning CBSNews dcexaminer ABCPolitics nytimes NYDailyNews nypost FoxNewsSunday MTP latimes Suntimes Newsweek MSNBC
The nation has now recovered roughly one-third of the 22 million jobs it lost to the pandemic recession. And with confirmed coronavirus cases spiking across the Sun Belt states, a range of evidence suggests that a job market recovery may be stalling.
I just saw a story last night about a Kentucky having a back log in unemployment claims.
No, those jobs WERE NOT ADDED! People were forced back to work, too soon. More will be filing for unemployment because the States that didn’t close, are continuing to spread this deadly virus!
media falls for it again. so predictable.
“...added a record 4.8 million jobs”? How about telling the truth...4.8 million workers who were furloughed, due to the pandemic, returned to work. It’s not a “record” nor were the jobs “added”.
“But” 😂
To say something is a 'record' when it's recovering from a recent dramatic fall is misleading
FEAR MONGERS
The double standard from the left is astounding. If you considered all these jobs lost during the pandemic then you have to consider them new jobs. If you say they were out temporarily then the unemployment rate was never really bad in the first place. Pick one.
19.3 million still out of work with 1.4 mil filing for new claims last week so there’s that... these numbers don’t tell the whole story.
The unemployment number dropped after 4.8m jobs added but were desperately trying to keep the pandemic alive!
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Those arent “jobs gained” more like jobs recovered. You do know a lot of people who had to close down shop or stop working had to go on unemployment because the pandemic forced them to. Its not new jobs
This wasn’t added jobs! They went back to work in June! At least here in Nevada, and now we are probably going to be right back to square one in 2 weeks!
Trump celebrates 11% unemployment as a huge win in 3...2...1
So is it good or not good? This is all the liberals trying to force the economy to fail. Remarkable.
debmorello Ppl went back to work who originally list their jobs. This is bullshit.
My condolences to you. I know you're very disappointed right now.
I’m working one of those jobs. It’s a temporary one scheduled to end in December that’s a public service (yay!) that started almost 4 months late (boo!). It’s one of the safest re: physical distancing on the job but not off. I’m glad that take-out’s an option for food. But....
Has to include “but”, didn’t you. Can’t STAND the good news. Hacks.
AP: We have to post these great new numbers, BUT... Let's also add some grim hypothetical news, because why not...
If this all happened under Saint Barack, and last month's job creation of 2.5 million was doubled this month, the & furloughed professors would be carrying him on their shoulders down Pennsylvania Ave. to a concert headlined by the most influential Hollywood celebrities.
New jobs or people going back to work? 11.1% is nothing to be happy about.
Translation: oh God we hope a second wave crushes the economy before the election
...but, but, but Clowns.
Optimism will not be tolerated by the media.
EWErickson Thankful for these stats!
Bad journalism. The tweet before the 'but' are the facts people look to news organizations to gather and provide. The tweet after the 'but' reflects opinion for which the headline writer/'journalist' has no expertise. Those who claim that expertise will have varied views.
Excellent news for everyone
And you actually wonder why no one who's sane, sober, and with an IQ over room temperature believes a word the says about its objectivity and nonpartisan standards. Why don't you just openly declare that you are an extension of the DNC, ?
Oh hey, look, another jobs report that will be adjusted/corrected in a few days and won't seem as great! Like, they weren't ADDED jobs, they were people going back to work. Who are now likely laid off again.
Our boy realDonaldTrump delivers!
Are blowing out candles and making a wish? Thing you told us what it is so it won’t come true.
No. It doesn't.
OPENAMERICANOW
No it doesn’t dim anything. Masks off and back to work everyone. Flu season is over
It's just people going back to work because of the reopening. Since the reopening is going to become quarantine number two, all of those jobs are going to be permanently gone. As of today we're still doing NOTHING, so this lockdown will be indefinite.
“Adding 4.8 millions jobs” and “only 10% of lost jobs have returned” are two completely different ways to tell the same story here
Breakdown by ethnicity please
Leftists communists and haters gonna hate maga2020
CDC including ppl with Antibodies in c19 infected numbers now. Death counts are declining
Let’s see: Those jobs were Medical Mortuary Contact Tracing More Medical More Mortuary Factory (someone has to make PPE)
'Added'? Or recovered previously lost ones?
jetrotter We know the DemMedia will do everything you can to defeat Trump. Riots. Articles. CoronaVirus lies. Not gonna work.
'Added jobs' really doing a lot of work here
BULLSHIT! And then we find out later today someone forgot to carry a like last month and it's NOTHING NEAR 4.8 and 11.1%!
Added jobs or simply people went back to work during opening?
Looking forward to when these numbers are 'reviewed' at the end of the news cycle like last months
It’s a start
Joyce_Karam Trump is dancing now.
Terrible headline ap
I’m concerned if they don’t handle this new corona virus surge, this is going to be completely erased once again.
VoteBlueToSaveUnemployment or VoteRedToSaveemployed ! Let's place the Unemployment office out of work by voting KAG2020
The job losses early in the Covid outbreak were just furloughs. Many people are coming back to work now. We nee better reporting on the details of true job losses, meaning non furloughed workers.
Those numbers are beyond cooked, also.
Well done President Trump!
This is amazing number. If July has strong numbers, then we can dip under 10% by August.
GREAT PRESIDENT TRUMP so we wish him to win next election.
Uh unemployment is at 50% right now. What crack is the AP smoking I thought you were a decent news organization 😂
Hallelujah Praises Christ !! The Lord is blessing our great President Donald j Trump.
Just report the numbers. Throwing in the B.S. part about: This can't continue because of the pandemic... is Democrat talking points.
That’s great. So many people are hurting right now. I just hope we’re all being safe out there.
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