June Jobs Report

[Joe Biden 2020]

When do they come out?  Is it today, or is it next week?  I assume it's next week, because I've heard absolutely no chatter about it on Yahoo Finance, CNN Money, or here.

What is it expected to look like? Any improvement from May's numbers?

[Joe Biden 2020]

Probably something like 100-200K more jobs.

Rate should be down to 9%

I doubt that.  This is a month for big layoffs at the local level.  Id be surprised if the number is over 100K. 

I don't know if this would play a factor, but the 3rd quarter is generally a slow time for the economy, such as the stock market, and with the disappointing reports we had in the 2nd quarter, I actually wouldn't be suprised to see the unemployment rate either remain at 9.1% or even tick up to 9.2%.

Perhaps someone with more of an economic background could enlighten me if that's the case.

[Joe Biden 2020]

Pretty good jobs report, but still one question? What's the unemployment rate at now?

[Joe Biden 2020]

Pretty good jobs report, but still one question? What's the unemployment rate at now?

Strike this post from the record.  I thought, for some reason, the numbers released Thursday were the monthly jobs report, not the weekly jobless claims report.

This was an awful report, though not really suprising, and definitely not wanted the Obama administration wanted to hear.