The latest unemployment rate in the United States has boosted Trump, but is it just good on paper?

Updated on international 2024-04-28
10 answers
  1. Anonymous users2024-02-08

    At 8:30 EST on July 2, according to the employment report released by the U.S. Department of Labor, the U.S. unemployment rate fell in June, significantly lower than in May. Non-farm payrolls rose by 4.8 million month-on-month in June, also significantly better than expected.

    This news made the United States ** Trump very excited, and he immediately posted on social **. On the same day, the White House urgently notified the major ** to hold a press conference. <>

    For the data released on the 2nd, all parties have different interpretations, and the U.S. stock market has given optimistic expectations with **, and the analysis believes that the improvement of the labor market indicates that the economy is gradually recovering; But others see the problems that may be implicit in the June unemployment data. At the White House press conference, Trump highlighted the 4.8 million jobs added in the United States in June, the largest monthly increase in U.S. history, but he did not mention the less optimistic figures. First, initial jobless claims remained at nearly 1.43 million last week, higher than expectations of 1.35 million, and continued claims remained high at 19.29 million, also higher than expected.

    It can be found that the number of initial jobless claims has remained high in recent weeks and has remained above one million for 15 consecutive weeks, indicating that the employment tension in the United States is far from easing. Another red flag: According to the U.S. Bureau of Labor Statistics, the number of permanent unemployed reached nearly 2.9 million in June, an increase of 10,000 from the previous month and a record increase since early 2009.

    This also reflects the systemic impact of the pandemic on the U.S. job market. Moody's analyst Sweet said, "The first thing I'm looking at is the number of permanent layoffs, and that number continues to climb and is worrying. Even if the pandemic is over, these people will need to find a job.

    In fact, contrary to the optimism of the White House, various circles in the United States have recently repeatedly warned that the full economic recovery will be long and the employment situation is not optimistic. San Francisco Fed President Mary Daly predicted on July 1 that even under the best-case scenario, the unemployment rate in the United States will still exceed 10% by the end of this year, and it will not return to pre-crisis levels for four to five years.

  2. Anonymous users2024-02-07

    I think this reflects a bigger problem, and the fact that this kind of large-scale business resumption occurred at a time when the epidemic in the United States was serious shows the tension of the American people.

  3. Anonymous users2024-02-06

    Politicians in the United States of America (USA) have gone deep into the financial world to control the spread of the epidemic**, where will the United States resume work and production when the spread of the new crown pneumonia epidemic is not under control? Isn't this self-deception?

  4. Anonymous users2024-02-05

    The latest unemployment rate in the United States has greatly encouraged Trump, and it looks good on paper, but in fact the unemployment rate in the United States is rising!

  5. Anonymous users2024-02-04

    No. Trump saw an opportunity and thought there was a lot of room for development from a low starting point, so he was excited.

  6. Anonymous users2024-02-03

    The latest unemployment rate in the United States is just a nice thing on paper, and it is completely a cover-up. Why? Because the standard for calculating the unemployment rate in the United States is inherently biased, according to the report of American economists, it can be known that the time for the US economy to fully recover will be very long.

    And the number of permanent unemployed has reached 2.9 million, which is very dangerous.

    According to a report published by the U.S. Department of Labor, the U.S. unemployment rate fell in June and was significantly lower in May. Trump was shocked by this report, saying that now our country's economy is beginning to recover, and these things are happening because we have taken historic actions to save the American economy, and I want to say that you are simply dreaming.

    Maybe I understand that he, as a **, needs to use this report to stabilize the United States and American citizens, but I want to say can you be realistic and not be so shameless, okay? Because the formula for calculating the unemployment rate of the U.S. population is to divide the number of unemployed people by the working population, and we know that both are variables that can affect the final result, how can it be defined as unemployed? The following three criteria are required, that is, you must be currently unemployed, have been actively looking for a job in the past 4 weeks, and are currently available to work.

    From this you can know,This method of calculation obviously leads to distortion of the results, since the working and unemployed and the employed population are inherently dynamic, and the official definition of the unemployed does not include those who have not been actively looking for work in the past four weeks, which would exclude a large number of unemployed persons.

    And this report is based on the data collected by Hiroshi No, which was drafted in the second week of June, and the data obtained at this time when the United States is reopening the job market, which shows that this report is originally a positive estimate of the current employment situation in the United States.

    So in fact, the beginning of the recovery of the US economy is just a carnival of the White House, and all walks of life in the United States have not relaxed their vigilance because of thisAnd it has repeatedly warned that the economic recovery will take a long time, and the employment situation will not be optimistic. Because the economic damage caused by the unemployment rate is not recoverable in one or two months, there may be no way to recover to the original level in 4 or 5 years, and the unemployment rate in the United States will exceed 10% by the end of this year, which means that many enterprises and institutions in the United States will have to reduce the cost of the enterprise registration industry by laying off employees, so how can the American economy be optimistic?

  7. Anonymous users2024-02-02

    Maybe the unemployment rate in the United States is already very high, and the special article Rumpu will be like this. The keyhole silver on paper is not detailed enough, and for this, Trump may really be too trembling to parry.

  8. Anonymous users2024-02-01

    In fact, contrary to the optimism of the White House, the United States has repeatedly warned that a full economic recovery will be long and the employment situation is not optimistic. Mary Cave Daly, president of the Federal Reserve Bank of Naxiao, predicted on July 1 that even under the best-case scenario, the unemployment rate in the United States will still exceed 10% by the end of this year, and it will not return to pre-crisis levels for four to five years.

    Jim Clyburn, the Democratic whip of the House of Representatives, told ** on the 1st: "The public health crisis is over, and the employment crisis is over." This ** buries its head in the sand and pretends that the virus will miraculously disappear, it won't.

    Such an approach will only prolong the crisis in our country. ”

  9. Anonymous users2024-01-31

    Personally, I think it looks good on paper, because of the impact of the epidemic this year, the unemployment rate in the United States should have a very big spike.

  10. Anonymous users2024-01-30

    The United States changed overnight? With one-tenth of the population unemployed, Trump faces the worst of crises.

Related questions
19 answers2024-04-28

Switzerland, United Kingdom.

Germany, the United States. Italy, Spain. >>>More

9 answers2024-04-28

At present, the most convenient way to go to the United States is to study for a few months in the preparatory department in China, and then apply to American universities. During these months, the first is to make you Chinese (that is, to be able to communicate with others and understand the teacher's lectures), and the second is to take some first-year courses in American universities, and transfer credits when you go, saving time and costs. Thirdly, students are trained in the transition to self-care. >>>More

11 answers2024-04-28

1.The academic qualifications are recognized, and there are night majors here, and there is no difference in the eyes of Americans. Logistics management, you can apply to read MBA, you can choose Supply Chain to read, very remarkable. >>>More

10 answers2024-04-28

1) Residents of the city who are within the legal working age, have the ability to work, have employment requirements, and do not have the right to contract and manage land and the right to use forest land in rural areas (including the right to contract and manage land and the right to use forest land that have been transferred) or whose land (forest land) has been expropriated in accordance with the law and whose remaining land area is less than the number of people per mu and who are unemployed, shall register as unemployed at the community (village) employment service agency in the place of household registration. >>>More

19 answers2024-04-28

Conditions for receiving unemployment insurance benefits:

1. Participate in unemployment insurance in accordance with the regulations, and the unit and the person have fulfilled the obligation to pay the premiums according to the regulations for one year; >>>More