266,000 new jobs added in April, big miss off the 1 million expected

[Celerity]

[spanone]

1. who estimated a million....?

Stupid prediction

[padah513]

2. I said the same thing

[Celerity]

3. pretty much everybody from the Fed to the government, to all the major banks and economists nt

[uponit7771]

11. +1, ... damn near asinine prediction. Hope it helps with Biden sell of infrastructure

[Mad_Machine76]

13. Had same question

[RegularJam]

4. Gotta look big picture.

Get ready for serious job growth over the next six months. The economy is about to go big. It’s going to happen a bit more gradually with the current unemployment structure. FL is about to see a lot of hiring as people are forced back to work.

[Lovie777]

7. Especially if they pass the infrastructure bill . . .

[RegularJam]

8. Yes!

I was hitting on that exact point yesterday.

https://democraticunderground.com/?com=view_post&forum=1002&pid=15407818

Hiring is about to seriously ramp up with respect to McJobs. It’s going to look good with respect to many economic indicators. As that’s happening we need to fight for their wages and to create s whole new group of good paying jobs. The next couple of years can be really good if we have legislative success.

[iamateacher]

5. How do they expect women to go back to work

If their kids are still at home or part-time at school. When day care and extended school daycare has been cancelled or is at 50% capacity?

[RegularJam]

9. Daycare in most states has been fully open for a long time.

Schools in most states are heading back to full opening.

[iamateacher]

22. Philadelphia Schools have been virtual all year

My local school district is hybrid. The state will not fully open until June 1st.

[Johnny2X2X]

6. It's a good thing Joe's relief bill extended UE benefits through the end of the Summer

Reps wanted to end it almost immediately, people are still hurting. End of Summer was appropriate.

[Celerity]

16. pretty much across the board MSNBC's saying (some more than others) that the UE cheques are too much

that they are disincentivising workers going back to work.


sounds like RW corporatist claptrap to me

[Kingofalldems]

19. Really? Haven't seen that.

[Elessar Zappa]

20. I don't blame the workers.

I'd stay home too if I was getting paid shit wages to work during a pandemic.

[Celerity]

21. Me too, if I hated my job. Thankfully I do not.

[mvd]

10. One million did seem too high

The country is still trying to come out of the coronavirus pandemic. That is why we need the infrastructure bill passed, stimulus checks through the summer (I support progressive UBI - or a jobs guarantee, but will take that for now - Biden says Congress can pass more stimulus), and continued UE benefits.

[doc03]

12. But every single restaurant and store has

a help wanted sign?

[Elessar Zappa]

17. Lots of people aren't comfortable going

back to work yet, especially if the job is low pay. I know I wouldn't risk my health for a low wage job.

[Yavin4]

14. This is actually a good thing.

Now they cannot say that the economy is over heating and the Fed needs to raise interest rates. This is why the markets are way up today.

[budkin]

18. WTAF

How was it that off?