Economic predictions off by 1 million jobs

[jimnyc]

This idiot has the audacity to stand up and address the nation... talking of commentators and laughing about it - "You might think we should be disappointed..... our economy is moving in the right direction..." - Starts at like the 25 second mark and he gets into the laughable rather quickly.



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Shocking Miss: The U.S. Economy Added Just 266,000 Jobs in April, Unemployment Ticks Up

The U.S. economy added just 266,000 jobs in April and the unemployment rate ticked up to 6.1 percent, the Labor Department said in its monthly labor assessment Friday, smashing expectations.

This was far below expectations. Analysts surveyed by Econoday had predicted Friday’s report would show between 755,000 and 1.25 million workers added to payrolls in April. The median forecast was for 938,000 and an unemployment rate of 5.8 percent.

The disappointing number for April could be a sign that hiring is being held back by enhanced unemployment benefits and schools that have not reopened full time, requiring some parents to stay home to take care of children. Many businesses say that they cannot hire enough workers to fill positions because of the government’s enhanced unemployment benefits program.

Rest - https://www.breitbart.com/economy/20...jobs-in-april/

[Kathianne]

This idiot has the audacity to stand up and address the nation... talking of commentators and laughing about it - "You might think we should be disappointed..... our economy is moving in the right direction..." - Starts at like the 25 second mark and he gets into the laughable rather quickly.



---

Shocking Miss: The U.S. Economy Added Just 266,000 Jobs in April, Unemployment Ticks Up

The U.S. economy added just 266,000 jobs in April and the unemployment rate ticked up to 6.1 percent, the Labor Department said in its monthly labor assessment Friday, smashing expectations.

This was far below expectations. Analysts surveyed by Econoday had predicted Friday’s report would show between 755,000 and 1.25 million workers added to payrolls in April. The median forecast was for 938,000 and an unemployment rate of 5.8 percent.

The disappointing number for April could be a sign that hiring is being held back by enhanced unemployment benefits and schools that have not reopened full time, requiring some parents to stay home to take care of children. Many businesses say that they cannot hire enough workers to fill positions because of the government’s enhanced unemployment benefits program.

Rest - https://www.breitbart.com/economy/20...jobs-in-april/

Polling: hate the policies. Like the ma.

Two sides, same coin.