World shares advance on surprise U.S. job recovery

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U.S. stock futures and Asian shares advanced on Monday after a surprise recovery in U.S. employment gave further confidence of a quick economic recovery after many weeks of lockdowns aimed at controlling the coronavirus pandemic.

FILE PHOTO: A passerby wearing a protective face mask, following an outbreak of the coronavirus, walks past an electronic board showing the graphs of the recent movements of Japan's Nikkei share average outside a brokerage in Tokyo, Japan March 6, 2020. REUTERS/Issei Kato

U.S. nonfarm payrolls rose by 2.509 million jobs last month - in contrast with consensus estimates of a fall in 8 million jobs after a record plunge of 20.687 million in April. U.S. bond prices have tumbled, with the 10-year Treasuries yield rising to as high as 0.959% on Friday, a level last seen in mid-March.

 

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Modi Ji Read details of this Report How United States Having lost 44 Millions of Jobs due to Coronavirus Surprisingly Providing this Much Jobs and Improving it’s Economy So Fast This is possible because of Dynamic Actions taken by President Trump

Revovery? They are opening businesses back up, dinks.

Ugh - you know the numbers are fake, stop spreading them

هذيان يجر آلافا ... إلى حتوف القوم جرا إنه عصر انحطاط ... صار فيه الطب صفرا

What? The fake jobs reported that the Trump administration released on Friday!

There's no recovery. Trump lied about the numbers.

jpr007

Has Reuters become a fake news source? Did you read 'included a note at the bottom saying there had been a major “error” indicating that the unemployment rate likely should be higher than the widely reported 13.3 percent rate'?!

Was faked and erroneous. Markets are rigged anyway

There wasn’t a recovery though

Even though the numbers were erroneous. The stock market is stupid.

They have not discovered 3% fudge ?

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