Job creation continued to slow in November, as COVID-19 surged throughout the nation. Evidently, stock investors didn’t hear the alarm, as equities went up.
Read MoreDespite two strong months of job gains in May and June, the uptick in cases in the South and West prompted municipalities to tighten rules; caused consumers and businesses to slow down their efforts to return to pre-pandemic behavior; and slowed down job growth in July.
Read MoreImagine you are asked to fill a 12-foot deep hole. Now imagine that the hole is only 11.5 feet deep. Feel better? Of course 11.5 is better than 12, but the task ahead is immense.
Read MoreIn a startling reversal, the Labor Department reported that the U.S. economy ADDED 2.5 million jobs in May, versus the 8 million drop in payrolls that was expected.
Read MoreAnalysts have replaced the hopes/predictions of a quick turnaround with a new image: the Nike Swoosh recovery, where the economy crawls out of the cataclysmic hole and takes two or three years to return to where it was prior to the outbreak.
Read MoreThe U.S. economy lost a staggering 20.5 million jobs in April and the unemployment rate surged to 14.7 percent.
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