Remember that joker Jason Furman , who was trying to sell and 'suck' and 'strong' economic recovery? He's kinda standing alone right now.... Even the Labor Dept, figures that looked so rosey on first place , where wrong..... Donald Trump is facing into headwinds on race, … [Read more...] about The Fed stays things ain’t gonna get better in the Economy for a LONG TIME….
jobless
US Economy fell 4.8% the first 3 months of the year….
That is only matched by 1930's Recession.... The next economic quarter is most likely gonna be much worst with job cuts accelerating in some places and slow business recoveries... Donald Trump is in trouble like a lot of people... He could lose his job also... The … [Read more...] about US Economy fell 4.8% the first 3 months of the year….
People are worried about money….
No work.... No pay.... No money.... The number of Americans filing initial claims for unemployment benefits last week surged to a record 3.28 million, the Labor Department reported on Thursday, the clearest evidence yet of the coronavirus’ devastating impact on the … [Read more...] about People are worried about money….
The US is ALREADY in a recession…Economist…
Told ya so..... Lot of people home because of the virus ain't gonna have jobs to go back to soon, if ever... Forget all that Trump Labor Dept. horse shit about how rosey this is/was... Heck, even the Fed pushing Trillions into the economy did NOT do a darn thing … [Read more...] about The US is ALREADY in a recession…Economist…
In Michigan and Wisconsin?…Trump’s job promises ain’t there….
Donald Trump won the two states and few others on BIG promises of bringing job's BACK from outside the country ....And making the economy BETTER..... THAT has NOT happened... The bean counters say the economy is 'healthy'.... Where? Nationally, the economy looks … [Read more...] about In Michigan and Wisconsin?…Trump’s job promises ain’t there….
U.S. employment growth slows…. the jobless number stays at 4.1%
In my travel's I 've seen LESS workers in retail stores... And auto checkout machine pop up more... Although last month's net job creation of 103,000 was well below analysts' forecasts, economists instead attributed much of the slowdown to a payback for the unusually big … [Read more...] about U.S. employment growth slows…. the jobless number stays at 4.1%