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Yo_Mama_Been_Loggin

(107,837 posts)
Fri Jul 3, 2020, 12:49 PM Jul 2020

US jobs surge: Trump sees sunshine, Biden 'no victory yet'

The U.S. economy just posted its best single-month job gain in history.

U.S. unemployment is at one of its worst points since the Great Depression.

Both are true.

As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous political risks in navigating a delicate and defining issue heading into the presidential campaign's final months.

Democrats, led by presumptive nominee Joe Biden, seized on the growing threat presented by the coronavirus after the better-than-expected numbers were released, a stance the Republicans called rooting against America's recovery. President Donald Trump claimed a major economic victory and played down the health threat, even as an explosion of new infections threatened to stall, or even reverse, the economic gains.

https://www.msn.com/en-us/news/politics/us-jobs-surge-trump-sees-sunshine-biden-no-victory-yet/ar-BB16hpWq?li=BBnb7Kz

As the old blues lyrics go, been down so long bottom look like up.

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US jobs surge: Trump sees sunshine, Biden 'no victory yet' (Original Post) Yo_Mama_Been_Loggin Jul 2020 OP
Ummm, TX Just Closed Bars Again ProfessorGAC Jul 2020 #1
It's all built on false numbers. LakeArenal Jul 2020 #2

ProfessorGAC

(64,955 posts)
1. Ummm, TX Just Closed Bars Again
Fri Jul 3, 2020, 12:53 PM
Jul 2020

And restaurant business went to 50% again.
Those people just lost their jobs again. In a state with an enormous population.
These numbers are lagged by weeks.
They are only temporarily "rosy".

LakeArenal

(28,809 posts)
2. It's all built on false numbers.
Fri Jul 3, 2020, 12:55 PM
Jul 2020

11% unemployment when in actuality I read somewhere it is more like 23%.

I’d love to also see the average wage of those jobs and average benefits included.

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