MAYBE PAYING PEOPLE TO NOT WORK ISN'T SUCH A GREAT IDEA ,HUH?
THAT PRES.MORON IS GOING ABOUT DESTROYING THE GREATEST ECONOMY OF OUR LIFETIMES IS NO SURPRISE; HOW QUICKLY HE IS MANAGING TO IS.
JOBS CRATERED IN APRIL...INFLATION BOOMED.
GREAT...THANKS PRES.MORON AND THE DUNCE-O-CRATS, WHO COULDN'T OPERATE A LEMONADE STAND WITHOUT A GOVERNMENT HANDOUT...
April’s expected hiring boom goes bust as nonfarm payroll gain falls well short of estimates
POINTS
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000.
The unemployment rate rose to 6.1%, the Labor Department said.
Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers.
Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.
Many economists had been expecting an even higher jobs number amid signs that the U.S. economy was roaring back to life.
There was more bad news: March’s originally estimated total of 916,000 was revised down to 770,000, though February saw an upward revision to 536,000 from 468,000.
~ Total employment in the household survey rose by 328,000, still leaving the level more than 7.5 million below where it was in February 2020. The labor force participation rate rose 0.2 point to 61.7%, its best level since August, while the employment-to-population level increased to 57.9%, its best since March 2020 but still below the 61.1% in February 2020.
An alternative measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons fell to 10.4%, down 0.3 point from March for its lowest level since March 2020. That “real” unemployment rate had peaked at 22.9% in April 2020 as the headline jobless rate hit 14.8%.~
https://www.cnbc.com/2021/05/07/jobs-report-april-2021.html
LESS THAN SIX MONTHS IN, AND THE DUNCE-O-CRATS ARE ALREADY "SUCCEEDING" IN DESTROYING THE GREATEST ECONOMY OF OUR LIFETIMES. BRAVO!!
THAT PRES.MORON IS GOING ABOUT DESTROYING THE GREATEST ECONOMY OF OUR LIFETIMES IS NO SURPRISE; HOW QUICKLY HE IS MANAGING TO IS.
JOBS CRATERED IN APRIL...INFLATION BOOMED.
GREAT...THANKS PRES.MORON AND THE DUNCE-O-CRATS, WHO COULDN'T OPERATE A LEMONADE STAND WITHOUT A GOVERNMENT HANDOUT...
April’s expected hiring boom goes bust as nonfarm payroll gain falls well short of estimates
POINTS
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000.
The unemployment rate rose to 6.1%, the Labor Department said.
Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.
Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers.
Dow Jones estimates had been for 1 million new jobs and an unemployment rate of 5.8%.
Many economists had been expecting an even higher jobs number amid signs that the U.S. economy was roaring back to life.
There was more bad news: March’s originally estimated total of 916,000 was revised down to 770,000, though February saw an upward revision to 536,000 from 468,000.
~ Total employment in the household survey rose by 328,000, still leaving the level more than 7.5 million below where it was in February 2020. The labor force participation rate rose 0.2 point to 61.7%, its best level since August, while the employment-to-population level increased to 57.9%, its best since March 2020 but still below the 61.1% in February 2020.
An alternative measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons fell to 10.4%, down 0.3 point from March for its lowest level since March 2020. That “real” unemployment rate had peaked at 22.9% in April 2020 as the headline jobless rate hit 14.8%.~
https://www.cnbc.com/2021/05/07/jobs-report-april-2021.html
LESS THAN SIX MONTHS IN, AND THE DUNCE-O-CRATS ARE ALREADY "SUCCEEDING" IN DESTROYING THE GREATEST ECONOMY OF OUR LIFETIMES. BRAVO!!
