Thanks Joe

[DriveInDriveOut]

“California”

Now you're getting it.
Carry on.

 

[Fenris]

The economy created 943,000 jobs in July, nearly 100,000 more than economists’ consensus forecast. That headline number combined with upward revisions to the two previous monthly employment reports well exceed a million jobs. With such rapid job growth, the unemployment rate plummeted from 5.9 percent to 5.4 percent, even as wages continued to rise.

I think what you meant was Thank you Governors who ended the surplus unemployment benefits!

 

[1989]

I think what you meant was Thank you Governors who ended the surplus unemployment benefits!

Thank you Fed for free money the last 13 years.

 

[Jkloc420]

Why the drop in the U.S. Black unemployment rate may not be good news. thanks joe

 

[fishtm2001]

I think what you meant was Thank you Governors who ended the surplus unemployment benefits!

Goldman Sachs economists found little evidence yet that the cessation of benefits across a group of mostly Republican-led states was having much impact on labor markets.


"We find only a marginal effect" of the benefit reductions on labor supply and employment, wrote Gregory Daco, chief U.S. economist at Oxford Economics. "As such, benefits discontinuation may end up doing more bad on the personal income ledger than good on the employment ledger of the economy."

Bank of America economists wrote last week, the experiences in states ending benefits early "suggest more generous benefits did not have a strong negative impact on employment ... Labor constraints could persist beyond the fall" when the benefits expire nationally.

 

[DriveInDriveOut]

Goldman Sachs economists found little evidence yet that the cessation of benefits across a group of mostly Republican-led states was having much impact on labor markets.


"We find only a marginal effect" of the benefit reductions on labor supply and employment, wrote Gregory Daco, chief U.S. economist at Oxford Economics. "As such, benefits discontinuation may end up doing more bad on the personal income ledger than good on the employment ledger of the economy."

Bank of America economists wrote last week, the experiences in states ending benefits early "suggest more generous benefits did not have a strong negative impact on employment ... Labor constraints could persist beyond the fall" when the benefits expire nationally.

State-level jobs data released earlier this month show that in the 26 states stopping benefits early an additional 174,000 people joined the labor force in June, by either taking jobs or beginning work searches, compared to 47,000 in the other states.

 

[Sportello]

State-level jobs data released earlier this month show that in the 26 states stopping benefits early an additional 174,000 people joined the labor force in June, by either taking jobs or beginning work searches, compared to 47,000 in the other states.

This is easy. You post an article, I post one that says the opposite.

States that ended federal unemployment benefit early saw no clear job gains

Some economists suggest the main effect of the benefit cuts enacted by Missouri and others was simply to reduce family income.

www.stltoday.com

 

[DriveInDriveOut]

This is easy. You post an article, I post one that says the opposite.

States that ended federal unemployment benefit early saw no clear job gains

Some economists suggest the main effect of the benefit cuts enacted by Missouri and others was simply to reduce family income.

www.stltoday.com

You just posted an article that repeated what I posted. Try again.