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Esteemed Contributor
Posts: 6,527
Registered: ‎03-10-2010

2.5 million jobs added to the economy in May!  

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Keepin' it real.
Honored Contributor
Posts: 13,344
Registered: ‎03-09-2010

Wonderful news for the economy.  Also yesterday tons of the food vendors who come every September to our annual big fair set up through Sunday of this weekend in our city.  They have suffered so during the shutdown.  So corndogs, funnel cakes, and turkey legs ect..... all weekend!!  Gives them a little cash and us a preview to late Sept.

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"Live frugally, but love extravagantly."
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Esteemed Contributor
Posts: 6,060
Registered: ‎03-20-2010

@esmerelda wrote:

2.5 million jobs added to the economy in May!  


I think most were people being called back as States started opening.  Yet it is very good news that things are moving forward.

Someday, when scientists discover the center of the Universe....some people will be disappointed it is not them.
Esteemed Contributor
Posts: 6,060
Registered: ‎03-20-2010

@beckyb1012 wrote:

Wonderful news for the economy.  Also yesterday tons of the food vendors who come every September to our annual big fair set up through Sunday of this weekend in our city.  They have suffered so during the shutdown.  So corndogs, funnel cakes, and turkey legs ect..... all weekend!!  Gives them a little cash and us a preview to late Sept.

06052020_tmt_news_fairfood_07web.jpg

06052020_tmt_news_fairfood_13web.jpg


Think that is a great idea.  So many of these vendors have had their fairs and carnival cancelled.  A lot of college students work these all summer to pay for school.

Someday, when scientists discover the center of the Universe....some people will be disappointed it is not them.
Respected Contributor
Posts: 4,061
Registered: ‎06-15-2014

@esmerelda rejoice! Thanks for sharing.

Honored Contributor
Posts: 16,606
Registered: ‎03-09-2010

Re: Jobs increase

[ Edited ]

@esmerelda wrote:

2.5 million jobs added to the economy in May!  


Good news!  Something positive for a change!

 

I went out this morning to get a birthday gift.  Non-essential stores were FINALLY allowed to open today and I was the first in a small local boutique this morning.  The owner was so happy to be open again!

 

I hope things start looking up for the country!

Esteemed Contributor
Posts: 5,603
Registered: ‎10-04-2015

 

Great News.Incredible jobs report crushes predictions.

 

The Bureau of Labor Statistics on Friday said US employers added 2.5 million payrolls in May, a shocking figure that defied economists' expectations of 7.5 million jobs lost.

 

The US unemployment rate declined to 13.3% in May, bucking forecasts of a near-record 19% reading.

 

"Today's data suggests that the US economy is more resilient than expected," said Seema Shah, the chief strategist at Principal Global Investors. "Certainly the initial signs suggest that the reopening of economies has already started to heal the labor market."

 

 

Honored Contributor
Posts: 14,009
Registered: ‎03-09-2010

Great to see that employees are being called back to their jobs.  I hope they are full-time positions.

Honored Contributor
Posts: 10,234
Registered: ‎12-22-2013

@esmerelda wrote:

2.5 million jobs added to the economy in May!  


The big question is are they good paying jobs?  Can people pay their bills without working 2 or 3 jobs?

Respected Contributor
Posts: 4,905
Registered: ‎04-04-2015

Great news!