Oilpan4
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May jobs numbers are unprecedented

Fri Jun 05, 2020 7:39 pm

https://www.cnn.com/2020/06/05/economy/ ... index.html

"May was the best month for job growth since 1939".

So it looks like crashing the economy isn't going to work. Pretty sad when you can't even get that right.

Just think of all that job creation when it's time to clean up cities and rebuild the burned businesses, thousands of new cop cars will have to be bought, bring a large chunk of manufacturing back home from china.
trumpvirus
Is going to get you.

LeftieBiker
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Re: May jobs numbers are unprecedented

Fri Jun 05, 2020 9:17 pm

What's unprecedented in the US is laying off huge numbers of people in nonseasonal jobs, for a few months. This kind of rapid reemployment is to be expected. What remains to be seen is how much of the workforce laid off gets rehired quickly, to their old jobs or to comparable new jobs.
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leaf16
Posts: 31
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 7:00 am

The job losses from the last couple of months were not from any weakness in the US economy
--- it was roaring along at an unprecedented rate.

It came from a forced shutdown caused by wildly inaccurate information on the Chinese Virus
from the so called “Health Experts” like the Scarf Queen and Doc “Fuci”.

The US economy will recover very quickly as soon as the Blue State Governors quit strangulating it.
The Stock Market has already made an amazing comeback.
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mwalsh
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 7:52 am

If you believe anything about those numbers, then you must also believe Trump is 225lbs and has the blood pressure of a 20-year old (think it's been reported as 122/70). :roll:
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WetEV
Posts: 3918
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 8:12 am

leaf16 wrote:
Sat Jun 06, 2020 7:00 am
It came from a forced shutdown caused by wildly inaccurate information on the Chinese Virus
from the so called “Health Experts” like the Scarf Queen and Doc “Fuci”.

The US economy will recover very quickly as soon as the Blue State Governors quit strangulating it.
The Stock Market has already made an amazing comeback.
Your barber or some random person on Facebook knows better than the doctors do, eh? Amusing. Even Trump had to drop that kind of gross stupidity.

The Trumpvirus which Trump once claimed was a hoax has killed over 100,000 Americans. Most American deaths are due to Trump's mismanagement, so we should name the virus after him. Or we could all use the correct name, covid19.

The virus might just make an amazing comeback as well. Probably not in Washington State, as we largely know better. Probably not in NYC, as they learned. The hard way, but that's better than not learning. Texas? Alabama? Florida?

https://www.worldometers.info/coronavir ... eath-rate/

For an example of how to do respond to the virus right, see New Zealand, British Columbia, Hawaii, South Korea, Germany, ...

For bad examples, see Iran, Russia, Brazil, Mexico, Pakistan, Donald Trump, ...

Trump has failed as a leader. Never takes responsibility for anything.

https://youtu.be/ZnBRu0ANDIc

If public health gets ahead of the virus with testing, contact tracing and quarantine of likely infected people, then the economy wouldn't need to be shutdown. Or for that matter, if people would wear face masks most of the time. Failing a proper response, the USA had to shutdown, or face hospitals overflowing and people dying in the hospital parking lot... Like Wuhan briefly did.
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#49
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DaveinOlyWA
Posts: 14977
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 8:18 am

As always we are putting way too much faith on initial reports. These numbers WILL be adjusted and not in a good way.

FYI; I know someone laid off (actually terminated since the business went under), filed for unemployment, and started another job all without receiving a single dime of unemployment and no, her time at home was not short.

So she is considered to be a non statistic. Eventually the powers that be will get around to processing her claim and correcting her status.
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WetEV
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 8:26 am

Lot of unprecedented things going on. This is a time for choosing.

America or Trump?

https://youtu.be/M5FvBtu3gB4
WetEV
#49
Most everything around here is wet during the rainy season. And the rainy season is long.
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OrientExpress
Posts: 1565
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Location: San Jose, Ca

Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 8:34 am

A story in the Washington Post reports that A ‘misclassification error’ made the May unemployment rate look better than it is.

https://www.washingtonpost.com/business ... ion-error/
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leaf16
Posts: 31
Joined: Thu Apr 07, 2016 6:50 am
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 9:24 am

Ahh ---- The TDS lives On & On.

I love it that President Trump will be living Rent Free in your head until 2025. :D
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WetEV
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Re: May jobs numbers are unprecedented

Sat Jun 06, 2020 9:35 am

leaf16 wrote:
Sat Jun 06, 2020 9:24 am
Ahh ---- The TDS lives On & On.
TDS or Trump Delusion Syndrome can be treated by turning off Fox "news". Try it, you will like it!
WetEV
#49
Most everything around here is wet during the rainy season. And the rainy season is long.
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