Payrolls increase 943,000 in July as unemployment rate slides to 5.4%

Discussion in 'Economics & Trade' started by Pro_Line_FL, Aug 6, 2021.

  1. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Roaring!

    Payrolls increase 943,000 in July as unemployment rate slides to 5.4%
    https://www.cnbc.com/amp/2021/08/06/jobs-report-july-.html


      • Nonfarm payrolls rose by 943,000 in July, better than the 845,000 Dow Jones estimate.
      • The unemployment rate slid to 5.4%, compared to the 5.7% expectation.
      • Job gains came fastest in leisure and hospitality, followed by education and professional and business services.
      • Average hourly earnings also increased more than expected, rising 0.4% for the month and are up 4% from the same period a year ago.
     
    Last edited: Aug 6, 2021
    Hey Now and bigfella like this.
  2. Mircea

    Mircea Well-Known Member

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    Actually, it was 1,313,000 (CPS) and 779,000 (CES).

    That's what happens when governors let things open back up.
     
  3. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I dont think there was much re-openings last month, because re-openings started about 8 months ago, but its true that recovery was expected after the disaster os 2020.
     
  4. Mircea

    Mircea Well-Known Member

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    On what planet do you live?

    Ohio, Kentucky and Indiana opened in successive weeks in June.

    As a point of fact, Ohio's only been open for about 66 days, which is just over 2 months. 2 months is not 8 months. Kentucky and Indiana haven't even been open for 2 months yet.

    You're still 5,471,000 jobs short of peak employment of 159,067,000 jobs in October 2019.
     
  5. Hey Now

    Hey Now Well-Known Member

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    The Biden economy seems to be chugging right along. Trump's predictions of economic collapse under Biden be damned.
     
  6. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I guess it depends on your definition of "open". All States have been open for a long time.
     
  7. Mircea

    Mircea Well-Known Member

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    "Open" means bars, restaurants, clubs, gyms, events, parks, gatherings etc etc are allowed to have more than 6 people in them at a time.
     
  8. Quadhole

    Quadhole Well-Known Member

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    Take that garbage elsewhere... This page is for real world stats, not BLS, and FED Globalist cabal GARBAGE and lies.

    Wanna watch something truly amazing ?



    Listen to this Jewish Israeli Doctor tell you about his own people MOWING THE LAWN. Being a good Israelite and helping to live Judaism via removing, killing, locking up Palenstians. It is amazing how corrupt OUR FED, Hollywood, and News Agencies are today. All owned by Israelites living in America. They own us, and you people still think of them as just another white American. They are not, all hold a 2nd, and 3rd paspport.
    Prepare for bad things to come as they continue hording assets and control of the Politicians who must be removed. Both on the right and the LEFT. Almost all are sellouts.

    And yet we bicker, or follow what they tell us to bicker about, masks, abortion, religion, Trump, right on red, and so much more. Americans are a real gullible bunch. I would pack for Canada, cant leave, to many crimes.
     
  9. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    So, this thread, which I opened, is not what it says its for, but for something entirely different?

    Topic: Payrolls increase 943,000 in July as unemployment rate slides to 5.4%

    No, I am not interested in off-topic nonsense. Open your own thread.


     
    Last edited: Aug 18, 2021

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