Post Tagged with: "jobless rate"

Source: CNBC

May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus

CNBC


Employment stunningly rose by 2.5 million in May and the jobless rate declined to 13.3%, according to data Friday from the Labor Department that was far better than economists had been expecting and indicated that an economic turnaround could …

June 5, 2020 - 2:00 pm Closing Bell Story‎, Economy, Jobs
Source: CNBC

Why the stock market is up even with historic job losses

CNBC


A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people across the country without

May 8, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Economy, Finance